NOT LISTED FOR SALE

5 Prospect Row Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $557,232 - $718,000

3 Beds
4 Baths
1,808 Sq Ft
$355/Sq Ft Est. Value

Last Sold March 08, 2022

Last sale price $465,000 $257 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,246/month

85 Days on Market

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Living Room
  • Den
  • Walk-In Closet
  • 4-minute walk to Peter Francisco Park

About This Home

As of March 2022

Residential property located in the desirable section of the Ironbound, just a few blocks from Newark Penn Station. Property consists on 3 bedrooms 2 full bath and 2 half bathrooms. Driveway for 4 cars and much more.

Last Agent to Sell the Property

Michael Rosa

ROSA AGENCY Listed on: 10/28/2021

Last Buyer's Agent

Michael Rosa

ROSA AGENCY Listed on: 10/28/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,123

Year Built

  • Built in 1880

Lot Details

  • 1,742

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • 1,808 Sq Ft Home
  • Living Room
  • Family or Dining Combination
  • Den
  • Carbon Monoxide Detectors
  • Eat-In Kitchen
  • Laundry Room
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • En-Suite Primary Bedroom
  • Walk-In Closet

Parking

  • 4 Parking Spaces
  • Private Driveway

Additional Features

  • 1,742 Sq Ft Lot
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1614-00185-0000-00121-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,123

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1880
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 5
  • Directions: Off of Prospect st.
  • I D: 5112509
  • Modified: 2023-03-09
  • Number Images: 32
  • First Name: MICHAEL
  • First Name3: MICHAEL
  • Last Name: ROSA
  • Last Name3: ROSA
  • Office Phone: 9735897550
  • Office Phone3: 9735897550
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector
  • Number Rooms: 9
  • Bedrooms: 3
  • Master Bedroom Desc: Half Bath, Walk-In Closet
  • Bedroom 1 Level: Third
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Laundry Room, Living Room
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Den Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: Bath Main, Den, Kitchen, LivDinRm
  • Level 2 Rooms: 2 Bedrooms, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other
  • Estimated Sq Ft: 1808
  • Phone: 973-589-7550

Exterior Features

  • Exterior Description: Aluminum Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 4
  • Parking Driveway Description: Driveway-Exclusive

Utilities

  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 19.8X91.2
  • Assessed Improvement Value: 76400
  • Assessed Land Value: 32100
  • Assessment: 108500
  • Easement: Unknown
  • Lot Identifier: 121
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.04

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4123
  • Assessor Parcel Number: 1614-00185-0000-00121-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.800
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Mar 3, 2022
Sold by
Dominguez Noli and Dominguez Felix
Bought by
Migueis Erik and Migueis Jayson
Seller's Agent
Michael Rosa
ROSA AGENCY
Buyer's Agent
Michael Rosa
ROSA AGENCY
List Price
$499,900
Sold Price
$465,000
Premium/Discount to List
-$34,900
-6.98%
Current Estimated Value
$642,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,558
Avg. Annual Appreciation
9.45%

Purchase Details

Closed on
Jan 6, 2004
Source: Public Records

Range of Values:

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Average Value
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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
Migueis Erik $465,000 Foundation Title
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2022 03/08/22 Sold $465,000 -7.0% $257 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
10/28/2021 10/28/21 For Sale $499,900 -- $276 / Sq Ft
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 $9,916 $266,000 $30,600 $235,400
2024 $9,916 $266,000 $30,600 $235,400
2022 $4,054 $108,500 $32,100 $76,400
2021 $4,051 $108,500 $32,100 $76,400
2020 $4,123 $108,500 $32,100 $76,400
2019 $4,081 $108,500 $32,100 $76,400
2018 $4,007 $108,500 $32,100 $76,400
2017 $3,863 $108,500 $32,100 $76,400
2016 $3,732 $108,500 $32,100 $76,400
2015 $3,590 $108,500 $32,100 $76,400
2014 $3,365 $108,500 $32,100 $76,400
Source: Public Records

Agents Affiliated with this Home

  • Michael Rosa

    Seller's Agent in 2022

    Michael Rosa

    ROSA AGENCY

    (908) 289-5200

    18 in this area

    130 Total Sales

    Michael Rosa
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3749081

Garden State MLS

APN: 14-00185-0000-00121

New Jersey Essex County Newark 07105 South Ironbound

5 Prospect Row, Newark, NJ

This home is located at 5 Prospect Row, Newark, NJ 07105 since 28 October 2021 and is currently estimated at $642,558, approximately $355 per square foot. This property was built in 1880. 5 Prospect Row is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

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