NOT LISTED FOR SALE

Estimated Value: $375,000 - $509,319

3 Beds
2 Baths
2,854 Sq Ft
$153/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $350,000 $123 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,024/month

43 Days on Market

About This Home

As of March 2024

This home is located at 51 2nd Ave, Newark, NJ 07104 since 03 January 2024 and is currently estimated at $436,830, approximately $153 per square foot. This property was built in 1987. 51 2nd Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and First Avenue Elementary School.

Last Listed By

Vincent Baricaua

RE/MAX OUR TOWN Brokerage Phone: 732-419-9300 Listed on: 01/03/2024

RE/MAX OUR TOWN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,949

Year Built

  • 1987

Lot Details

  • 4,116 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,949

Year Built

1987

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 51-53
  • I D: 5267976
  • Modified: 2025-03-20
  • Number Images: 1
  • Attribution Contact: 732-419-9300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 4116 SF
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2015
Sold by
Molic Ramazon
Bought by
51 2Nd Avenue Llc
Total Days on Market
43
Current Estimated Value
$436,830

Purchase Details

Closed on
Jun 29, 2010
Sold by
Zee Properties Llc
Bought by
Molic Ramazon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2009
Sold by
Molic Ramazon
Bought by
Zee Properties Llc

Purchase Details

Closed on
Sep 29, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Molic Ramazon

Purchase Details

Closed on
Jul 13, 2009
Sold by
Mota Patricia
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Feb 17, 2004
Sold by
Rosa Ralph
Bought by
Mota Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,669
Interest Rate
5.65%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 26, 2002
Sold by
Au Holdings Corp
Bought by
Rosa Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,632
Interest Rate
6.11%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 2002
Sold by
Essex Inv
Bought by
A U Holding Corp

Purchase Details

Closed on
Feb 25, 2002
Sold by
Citibank
Bought by
Essex Inv

Purchase Details

Closed on
Apr 23, 1999
Sold by
Bracero Yolanda
Bought by
Bridgelal Maysho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.92%

Purchase Details

Closed on
Aug 1, 1996
Sold by
Bayview Realty
Bought by
Bracero Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
8.18%

Purchase Details

Closed on
Jun 13, 1996
Sold by
Citicorp
Bought by
Bayview Realty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
8.18%

Purchase Details

Closed on
May 30, 1989
Sold by
Isern Juan L
Bought by
Tapia Ramon and Tapia Elsa

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
51 2Nd Avenue Llc $210,000 --
Molic Ramazon $10 --
Molic Ramazon -- None Listed On Document
Molic Ramazon -- None Listed On Document
Zee Properties Llc -- Fidelity Natl Title Ins Co
Molic Ramazon $170,000 North American Title Agency
Deutsche Bank National Trust Company -- North American Title Agency
Indymac Bank Fsb -- None Available
Mota Patricia $345,000 --
Rosa Ralph $290,000 --
A U Holding Corp $65,000 --
Essex Inv $48,000 --
Bridgelal Maysho $135,000 --
Bracero Yolanda $75,000 --
Bayview Realty $37,000 --
Tapia Ramon $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Molic Ramazon $70,000
Previous Owner Mota Patricia $356,000
Previous Owner Mota Patricia $44,500
Previous Owner Mota Patricia $339,669
Previous Owner Rosa Ralph $279,632
Previous Owner Bridgelal Maysho $121,500
Previous Owner Bracero Yolanda $73,000
Previous Owner Bayview Realty $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $350,000 +3.2% $123 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $339,000 -- $119 / 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
2024 $6,949 $186,400 $28,100 $158,300
2022 $6,964 $186,400 $28,100 $158,300
2021 $6,960 $186,400 $28,100 $158,300
2020 $7,083 $186,400 $28,100 $158,300
2019 $7,011 $186,400 $28,100 $158,300
2018 $6,884 $186,400 $28,100 $158,300
2017 $6,636 $186,400 $28,100 $158,300
2016 $6,412 $186,400 $28,100 $158,300
2015 $6,168 $186,400 $28,100 $158,300
2014 $5,780 $186,400 $28,100 $158,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3884560

Garden State MLS

APN: 14-00577-0000-00018