NOT LISTED FOR SALE

50 Shaw Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $593,000 - $703,000

-- Bed
-- Bath
-- Sq Ft
31 Sq Ft Lot

Last Sold October 03, 2022

Last sale price $589,000

Est. 10% increase in value since last sale

Current estimated payment $4,755/month

26 Days on Market

About This Home

As of October 2022

This home is located at 50 Shaw Ave, Newark, NJ 07112 since 11 May 2022 and is currently estimated at $645,597. This property was built in 1922. 50 Shaw Ave is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Belmont Runyon School.

Last Agent to Sell the Property

TOVIA LICHTMAN

KELLER WILLIAMS MID-TOWN DIRECT Brokerage Phone: 908-585-4111 Listed on: 05/11/2022

Last Buyer's Agent

Vinnell Josephs

EXP REALTY, LLC

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,771

Year Built

  • 1922

Lot Details

  • 31 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,771

Year Built

1922

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 50
  • I D: 5150122
  • Modified: 2023-10-04
  • Number Images: 30
  • Attribution Contact: 908-585-4111
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1922

Lot Info

  • Lot Size: 31.11X100
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2022
Sold by
50 Shaw Capital Llc
Bought by
Peters Josephine
Total Days on Market
26
Current Estimated Value
$645,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,520
Interest Rate
5.55%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2021
Sold by
Pelham Properties Management Llc
Bought by
50 Shaw Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,950
Interest Rate
3.11%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 18, 2021
Sold by
Atlf Properties Llc
Bought by
Pelham Properties Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
2.8%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 9, 2004
Sold by
Hud
Bought by
Thomas Sabratha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,894
Interest Rate
5.68%

Purchase Details

Closed on
May 7, 2002
Sold by
Richads Vernon
Bought by
Hatcher Natasha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,914
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2001
Sold by
Thomas William
Bought by
Richards Vernon and Richards Antia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,850
Interest Rate
6.93%
Source: Public Records

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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
Peters Josephine $589,000 --
50 Shaw Capital Llc $215,000 Ctl Title Insurance Agcy Inc
Pelham Properties Management Llc $63,000 Amtrust Title Insurance Co
Thomas Sabratha $151,468 --
-- $151,500 --
Hatcher Natasha $135,000 --
Richards Vernon $106,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Josephine $56,997
Closed Peters Josephine $20,922
Previous Owner Peters Josephine $553,520
Previous Owner 50 Shaw Capital Llc $284,950
Previous Owner Pelham Properties Management Llc $63,000
Previous Owner Thomas Sabratha $248,000
Previous Owner Thomas Sabratha $46,500
Previous Owner Thomas Sabratha $28,000
Previous Owner Thomas Sabratha $210,000
Previous Owner Thomas Sabratha $202,500
Previous Owner -- $143,894
Previous Owner Hatcher Natasha $132,914
Previous Owner Richards Vernon $95,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $589,000 +11.3% --
06/09/2022 06/09/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $529,000 -- --
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
2024 $13,771 $369,400 $28,000 $341,400
2023 $5,443 $369,400 $28,000 $341,400
2022 $5,443 $145,700 $28,000 $117,700
2021 $5,440 $145,700 $28,000 $117,700
2020 $5,537 $145,700 $28,000 $117,700
2019 $5,480 $145,700 $28,000 $117,700
2018 $5,381 $145,700 $28,000 $117,700
2017 $5,187 $145,700 $28,000 $117,700
2016 $5,012 $145,700 $28,000 $117,700
2015 $4,821 $145,700 $28,000 $117,700
2014 $4,518 $145,700 $28,000 $117,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    TOVIA LICHTMAN

    KELLER WILLIAMS MID-TOWN DIRECT

  • Vinnell Josephs

    Buyer's Agent in 2022

    Vinnell Josephs

    EXP REALTY, LLC

    (347) 988-8291

    16 in this area

    188 Total Sales

    Vinnell Josephs
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Map

Source: Garden State MLS

MLS Number: 3781533

Garden State MLS

APN: 14-03062-0000-00008

New Jersey Essex County Newark 07112 Weequahic

50 Shaw Ave, Newark, NJ

This home is located at 50 Shaw Ave, Newark, NJ 07112 since 11 May 2022 and is currently estimated at $645,597. This property was built in 1922. 50 Shaw Ave is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Belmont Runyon School.

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