NOT LISTED FOR SALE

50 Palm St Newark, NJ 07106

Upper Vailsburg Neighborhood

Estimated Value: $512,000 - $564,000

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

Last Sold January 08, 2021

Last sale price $365,000

Est. 47% increase in value since last sale

Current estimated payment $3,922/month

129 Days on Market

About This Home

As of January 2021

This home is located at 50 Palm St, Newark, NJ 07106 since 01 September 2020 and is currently estimated at $535,073. 50 Palm St is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

Ronnie Glomb

YOUR TOWN REALTY Brokerage Phone: 855-600-2465 Listed on: 09/01/2020

Last Buyer's Agent

Vinnell Josephs

EXP REALTY, LLC

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,609

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,609

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 50
  • I D: 5012703
  • Modified: 2022-01-09
  • Number Images: 1
  • Attribution Contact: 855-600-2465
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2021
Sold by
Shante Spruill
Bought by
Sys Real Estate Ventures
Current Estimated Value
$535,073

Purchase Details

Listed on
Sep 1, 2020
Closed on
Dec 30, 2020
Sold by
Gumble Gumble Properties Llc
Bought by
Spruill Shante
Seller's Agent
Ronnie Glomb
YOUR TOWN REALTY
Buyer's Agent
Vinnell Josephs
EXP REALTY, LLC
List Price
$355,000
Sold Price
$365,000
Premium/Discount to List
$10,000
2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$358,388
Interest Rate
2.71%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 11, 2013
Bought by
Smith Mae and Simmons Carol
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
Sys Real Estate Ventures -- Mccurdy Michelle M
Spruill Shante $365,000 Sunnyside Title
Smith Mae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spruill Shante $358,388
Previous Owner Gumble Gumble Properties $132,000
Previous Owner Smith Mae S $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $365,000 +2.8% --
01/08/2021 01/08/21 Pending -- -- --
09/01/2020 09/01/20 For Sale $355,000 -- --
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 $11,609 $311,400 $16,300 $295,100
2024 $11,609 $311,400 $16,300 $295,100
2022 $11,634 $311,400 $16,300 $295,100
2021 $3,809 $102,000 $16,300 $85,700
2020 $3,876 $102,000 $16,300 $85,700
2019 $3,836 $102,000 $16,300 $85,700
2018 $3,767 $102,000 $16,300 $85,700
2017 $3,631 $102,000 $16,300 $85,700
2016 $3,509 $102,000 $16,300 $85,700
2015 $3,375 $102,000 $16,300 $85,700
2014 $3,163 $102,000 $16,300 $85,700
Source: Public Records

Agents Affiliated with this Home

  • Ronnie Glomb

    Seller's Agent in 2021

    Ronnie Glomb

    YOUR TOWN REALTY

    (855) 600-2465

    1 in this area

    860 Total Sales

    Section Image
  • Vinnell Josephs

    Buyer's Agent in 2021

    Vinnell Josephs

    EXP REALTY, LLC

    (347) 988-8291

    1 in this area

    179 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3660752

Garden State MLS

APN: 14-04199-0000-00101

New Jersey Essex County Newark 07106 Upper Vailsburg

50 Palm St, Newark, NJ

This home is located at 50 Palm St, Newark, NJ 07106 since 01 September 2020 and is currently estimated at $535,073. 50 Palm St is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

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