NOT LISTED FOR SALE

499 Clinton Ave Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $634,000 - $855,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold October 07, 2023

Last sale price $610,000

Est. 19% increase in value since last sale

Current estimated payment $4,660/month

32 Days on Market

About This Home

As of October 2023

This home is located at 499 Clinton Ave, Newark, NJ 07108 since 22 May 2023 and is currently estimated at $724,323. 499 Clinton Ave is a home located in Essex County with nearby schools including Belmont Runyon School, Louise A. Spencer School, and Peshine Avenue Elementary School.

Last Agent to Sell the Property

FLORIN HOXHA

WELCOME PROPERTIES Brokerage Phone: 646-770-2090 Listed on: 05/22/2023

Last Buyer's Agent

TEVIN LEWIS

NEIGHBORHOOD ASSISTANCE CORP.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,556

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,556

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 499
  • I D: 5222485
  • Modified: 2024-10-08
  • Number Images: 1
  • Attribution Contact: 646-770-2090
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 24.6X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Aug 10, 2023
Sold by
Nezaj Ardit
Bought by
Izuagwu Ugonma Ogechi
Seller's Agent
FLORIN HOXHA
WELCOME PROPERTIES
Buyer's Agent
TEVIN LEWIS
NEIGHBORHOOD ASSISTANCE CORP.
List Price
$539,000
Sold Price
$610,000
Premium/Discount to List
$71,000
13.17%
Views
316
Current Estimated Value
$724,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,323
Avg. Annual Appreciation
7.59%
Original Mortgage
$598,951
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 17, 2017
Sold by
Mh 5 Properties Llc
Bought by
Nezaj Ardit

Purchase Details

Closed on
Oct 16, 2017
Sold by
Bank New York Mellon Tr
Bought by
Mh 5 Properties Llc

Purchase Details

Closed on
Jul 9, 2008
Sold by
Loureiro Jose A
Bought by
Malcote Renato

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,650
Interest Rate
6.17%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 2005
Sold by
Silveiro Construction Co Llc
Bought by
Loureiro Jose

Purchase Details

Closed on
Jun 29, 2001
Sold by
Gordon Edward
Bought by
Frazier Arthur
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Izuagwu Ugonma Ogechi $610,000 True Value Title
Nezaj Ardit $195,000 --
Mh 5 Properties Llc $149,000 --
Malcote Renato $475,000 Chicago Title Insurance Co
Loureiro Jose $67,000 --
Frazier Arthur $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Izuagwu Ugonma Ogechi $598,951
Previous Owner Nezaj Ardit $210,000
Previous Owner Malcote Renato $467,650
Previous Owner Loureiro Jose $671,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2023 10/07/23 Sold $610,000 +13.2% --
06/23/2023 06/23/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $539,000 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,556 $229,500 $13,100 $216,400
2024 $8,556 $229,500 $13,100 $216,400
2022 $8,574 $229,500 $13,100 $216,400
2021 $8,570 $229,500 $13,100 $216,400
2020 $8,721 $229,500 $13,100 $216,400
2019 $8,632 $229,500 $13,100 $216,400
2018 $8,475 $229,500 $13,100 $216,400
2017 $8,170 $229,500 $13,100 $216,400
2016 $7,895 $229,500 $13,100 $216,400
2015 $7,594 $229,500 $13,100 $216,400
2014 $7,117 $229,500 $13,100 $216,400
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2023

    FLORIN HOXHA

    WELCOME PROPERTIES

  • T

    Buyer's Agent in 2023

    TEVIN LEWIS

    NEIGHBORHOOD ASSISTANCE CORP.

See All Agents

Map

Source: Garden State MLS

MLS Number: 3845052

Garden State MLS

APN: 14-02686-0000-00031

New Jersey Essex County Newark 07108 Clinton Hill

499 Clinton Ave, Newark, NJ

This home is located at 499 Clinton Ave, Newark, NJ 07108 since 22 May 2023 and is currently estimated at $724,323. 499 Clinton Ave is a home located in Essex County with nearby schools including Belmont Runyon School, Louise A. Spencer School, and Peshine Avenue Elementary School.

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