NOT LISTED FOR SALE

51 Park Ave Newark, NJ 07104

Seventh Avenue Neighborhood

Estimated Value: $480,699 - $581,000

-- Bed
-- Bath
1,812 Sq Ft
$288/Sq Ft Est. Value

Last Sold April 08, 2020

Last sale price $176,000 $97 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $3,206/month

54 Days on Market

About This Home

As of April 2020

This home is located at 51 Park Ave, Newark, NJ 07104 since 18 September 2019 and is currently estimated at $521,425, approximately $287 per square foot. This property was built in 1892. 51 Park Ave is a home located in Essex County with nearby schools including Franklin School, Rafael Hernandez School, and Dr. William H. Horton School.

Last Agent to Sell the Property

GABRIEL HENRIQUES

RE/MAX LIFETIME REALTORS Brokerage Phone: 908-688-2828 Listed on: 09/18/2019

RE/MAX LIFETIME REALTORS

Last Buyer's Agent

MICHAEL CASSO

KELLER WILLIAMS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,638

Year Built

  • Built in 1892

Lot Details

  • 871 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,638

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Year Built: 1892
  • County Name: Essex
  • Street Number Display: 51
  • I D: 4931940
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 908-688-2828
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 18.6X54.9
  • Total Acres: 0.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2019
Closed on
Mar 31, 2020
Sold by
51 Park Avenue Llc
Bought by
Francisco Victor A and Burgos Deborah
Seller's Agent
GABRIEL HENRIQUES
RE/MAX LIFETIME REALTORS
Buyer's Agent
MICHAEL CASSO
KELLER WILLIAMS REALTY
List Price
$179,900
Sold Price
$176,000
Premium/Discount to List
-$3,900
-2.17%
Current Estimated Value
$521,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,425
Avg. Annual Appreciation
22.32%
Original Mortgage
$170,126
Outstanding Balance
$152,003
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$369,422

Purchase Details

Closed on
Jan 20, 2010
Sold by
Munoz Primitivo and Munoz Carmen
Bought by
51 Park Avenue Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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
Francisco Victor A $176,000 Innovation Title Inc
51 Park Avenue Llc $130,000 Ridgeview Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francisco Victor A $170,126
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2020 04/08/20 Sold $176,000 -2.2% $97 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
09/18/2019 09/18/19 For Sale $179,900 -- $99 / 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 $4,638 $124,400 $11,800 $112,600
2024 $4,638 $124,400 $11,800 $112,600
2022 $4,648 $124,400 $11,800 $112,600
2021 $4,645 $124,400 $11,800 $112,600
2020 $3,549 $93,400 $12,300 $81,100
2019 $3,513 $93,400 $12,300 $81,100
2018 $3,449 $93,400 $12,300 $81,100
2017 $3,325 $93,400 $12,300 $81,100
2016 $3,213 $93,400 $12,300 $81,100
2015 $3,091 $93,400 $12,300 $81,100
2014 $2,896 $93,400 $12,300 $81,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Buyer's Agent in 2020

    MICHAEL CASSO

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3588628

Garden State MLS

APN: 14-00512-0000-00032

New Jersey Essex County Newark 07104 Seventh Avenue

51 Park Ave, Newark, NJ

This home is located at 51 Park Ave, Newark, NJ 07104 since 18 September 2019 and is currently estimated at $521,425, approximately $287 per square foot. This property was built in 1892. 51 Park Ave is a home located in Essex County with nearby schools including Franklin School, Rafael Hernandez School, and Dr. William H. Horton School.

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