NOT LISTED FOR SALE

Estimated Value: $337,000 - $599,000

-- Bed
-- Bath
2,975 Sq Ft
$167/Sq Ft Est. Value

Last Sold January 10, 2019

Last sale price $375,000 $126 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,492/month

181 Days on Market

About This Home

As of January 2019

This home is located at 50 Vermont Ave, Newark, NJ 07106 since 24 May 2018 and is currently estimated at $498,049, approximately $167 per square foot. This property was built in 1910. 50 Vermont Ave 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

JOHN LEWIS

EXP REALTY, LLC Brokerage Phone: 908-444-4066 Listed on: 05/24/2018

Last Buyer's Agent

JOHN LEWIS

EXP REALTY, LLC Brokerage Phone: 908-444-4066 Listed on: 05/24/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,062

Year Built

  • Built in 1910

Lot Details

  • 25 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,062

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • County Name: Essex
  • Street Number Display: 50
  • I D: 4807288
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 908-444-4066
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25 X 100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2024
Sold by
Tamakloe Edline
Bought by
50Vermnew Llc
Current Estimated Value
$498,049

Purchase Details

Listed on
May 24, 2018
Closed on
Jan 9, 2019
Sold by
Villa Estates Llc
Bought by
Tamakloe Edline
Seller's Agent
JOHN LEWIS
EXP REALTY, LLC
Buyer's Agent
JOHN LEWIS
EXP REALTY, LLC
List Price
$299,000
Sold Price
$375,000
Premium/Discount to List
$76,000
25.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%

Purchase Details

Closed on
Feb 28, 2014
Sold by
My Vermont Llc
Bought by
Darby Dwayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,475
Interest Rate
4.32%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 2011
Sold by
Sussman Asher
Bought by
My Vermont Llc

Purchase Details

Closed on
Dec 22, 2010
Sold by
Us Bank National Association
Bought by
Sussman Asher

Purchase Details

Closed on
Apr 27, 2010
Sold by
Bell Harold
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 26, 2006
Sold by
Blu Financial Grp Inc
Bought by
Bell Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2006
Sold by
Deutsche Bank National Trust
Bought by
Blu Financial Grp Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100
Interest Rate
18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2004
Sold by
Sunrise Resource Corp
Bought by
Samone Vilma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
5.36%

Purchase Details

Closed on
Mar 6, 2000
Sold by
Bankers Trust Co
Bought by
Sunrise Resource Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
8.24%

Purchase Details

Closed on
Jan 29, 1990
Sold by
City Of Newark
Bought by
Darius Jean S and Darius Shirley
Source: Public Records

Range of Values:

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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
50Vermnew Llc $222,500 Dekel Abstract
Tamakloe Edline $375,000 --
Darby Dwayne -- None Available
Darby Dwayne $305,000 Champion Title
Darby Dwayne $305,000 Champion Title
My Vermont Llc -- Quick Title Search Llc
Sussman Asher $103,000 Quick Title Search Llc
U S Bank National Association -- None Available
Bell Harold $450,000 --
Blu Financial Grp Inc $165,000 --
Samone Vilma $215,000 --
Sunrise Resource Corp $52,000 --
Darius Jean S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 50Vermnew Llc $648,000
Closed 50Vermnew Llc $575,000
Previous Owner Villa Estates Llc $185,000
Previous Owner Darby Dwayne $299,475
Previous Owner Darby Dwayne $305,000
Previous Owner Bell Harold $360,000
Previous Owner Blu Financial Group Inc $2,100
Previous Owner Samone Vilma $194,750
Previous Owner Sunrise Resource Corp $81,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2019 01/10/19 Sold $375,000 -2.6% $126 / Sq Ft
11/28/2018 11/28/18 Price Changed $385,000 +37.5% $129 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
10/23/2018 10/23/18 Price Changed $280,000 -6.4% $94 / Sq Ft
05/24/2018 05/24/18 For Sale $299,000 +130.0% $101 / Sq Ft
08/31/2017 08/31/17 Sold $130,000 +160.0% $44 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $50,000 -- $17 / 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 $10,062 $269,900 $16,300 $253,600
2024 $10,062 $269,900 $16,300 $253,600
2023 $10,083 $269,900 $16,300 $253,600
2022 $10,083 $269,900 $16,300 $253,600
2021 $10,078 $269,900 $16,300 $253,600
2020 $10,256 $269,900 $16,300 $253,600
2019 $6,100 $162,200 $16,300 $145,900
2018 $5,990 $162,200 $16,300 $145,900
2017 $5,774 $162,200 $16,300 $145,900
2016 $5,580 $162,200 $16,300 $145,900
2015 $5,367 $162,200 $16,300 $145,900
2014 $5,030 $162,200 $16,300 $145,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3473589

Garden State MLS

APN: 14-04035-0000-00029