NOT LISTED FOR SALE

52 Palm St Unit 1 Newark, NJ 07106

Upper Vailsburg Neighborhood

Estimated Value: $368,000 - $492,000

3 Beds
2.5 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold September 04, 2020

Last sale price $225,000

Est. 75% increase in value since last sale

Current estimated payment $2,767/month

131 Days on Market

Highlights

  • Colonial Architecture
  • Family or Dining Combination
  • Wood Siding

About This Home

As of September 2020

Nicely renovated classical colonial home in the safe and quiet Valilsburg section.Home brings back the old world charm mixed with modern amenities. 3 bed beds and 2 full baths and 1/2 bath.

Last Agent to Sell the Property

CAROLINE C. ONYEMA

KELLER WILLIAMS MID-TOWN DIRECT Listed on: 01/22/2020

Last Buyer's Agent

FRANCIS THURMAN

EREALTY ADVISORS, INC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,700

Year Built

  • Built in 1915 | Remodeled

Lot Details

  • 2,614

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • Family or Dining Combination
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Home Security

Utilities

  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 1614-04199-0000-00102-0000-
  • Tax Block *

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,700

Year Built

Built in 1915 | Remodeled

Lot Details

0

Listing Details

  • Style: Colonial, Multi Floor Unit
  • Primary Style: Colonial
  • Subproperty Type: Condo/Coop/Townhouse
  • Year Built: 1915
  • Year Built Description: Renovated
  • County Name: Essex
  • Renovated Year: 2019
  • Street Number Display: 52
  • Directions: Btwn Sanford & Smith St
  • I D: 4956321
  • Modified: 2021-09-05
  • Number Images: 16
  • First Name: CAROLINE C.
  • First Name3: FRANCIS
  • Last Name: ONYEMA
  • Last Name3: THURMAN
  • Special Features: None
  • Property Sub Type: Condos
  • Year Renovated: 2019

Interior Features

  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator
  • Number Rooms: 8
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: LivDinRm, Bath Main, Bath(s) Other, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Phone: 973-677-0275

Exterior Features

  • Exterior Description: Aluminum Siding, Wood
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Off-Street Parking

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 25X100
  • Assessed Improvement Value: 82100
  • Assessed Land Value: 16300
  • Assessment: 98400
  • Easement: Unknown
  • Lot Identifier: 102
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.06

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 3700
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-04199-0000-00102-0000-
  • Tax Rate Amount: 3.761
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Oct 8, 2020
Sold by
52 Palm Street Llc
Bought by
Nguyen Quocotrung
Seller's Agent
CAROLINE C. ONYEMA
KELLER WILLIAMS MID-TOWN DIRECT
Buyer's Agent
FRANCIS THURMAN
EREALTY ADVISORS, INC.
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%
Current Estimated Value
$394,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,129
Avg. Annual Appreciation
13.27%
Original Mortgage
$218,250
Outstanding Balance
$194,895
Interest Rate
2.87%
Estimated Equity
$220,487

Purchase Details

Closed on
Dec 23, 1999
Sold by
Adkins Harold
Bought by
Nelson George and Whitker Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,961
Interest Rate
7.73%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 1988
Sold by
Thomas Lola
Bought by
Adkins Harold and Adkins Dellanora R
Source: Public Records

Range of Values:

Collateral Analytics

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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
Nguyen Quocotrung $225,000 --
Nelson George $70,000 --
Adkins Harold $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Quocotrung $218,250
Closed Nguyen Quocotrung --
Closed Nguyen Quoctrung $218,250
Previous Owner 52 Palm Street Llc $85,000
Previous Owner Nelson George $279,174
Previous Owner Nelson George $259,350
Previous Owner Nelson George $216,000
Previous Owner Nelson George $187,000
Previous Owner Nelson George $157,950
Previous Owner Nelson George $70,961
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $225,000 -1.7% --
06/01/2020 06/01/20 Pending -- -- --
05/16/2020 05/16/20 For Sale $229,000 -4.2% --
04/08/2020 04/08/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $239,000 -- --
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 $7,079 $189,900 $16,300 $173,600
2024 $7,079 $189,900 $16,300 $173,600
2022 $7,095 $189,900 $16,300 $173,600
2021 $7,091 $189,900 $16,300 $173,600
2020 $3,739 $98,400 $16,300 $82,100
2019 $3,701 $98,400 $16,300 $82,100
2018 $3,634 $98,400 $16,300 $82,100
2017 $3,503 $98,400 $16,300 $82,100
2016 $3,385 $98,400 $16,300 $82,100
2015 $3,256 $98,400 $16,300 $82,100
2014 $3,051 $98,400 $16,300 $82,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    CAROLINE C. ONYEMA

    KELLER WILLIAMS MID-TOWN DIRECT

  • F

    Buyer's Agent in 2020

    FRANCIS THURMAN

    EREALTY ADVISORS, INC.

See All Agents

Map

Source: Garden State MLS

MLS Number: 3611482

Garden State MLS

APN: 14-04199-0000-00102

New Jersey Essex County Newark 07106 Upper Vailsburg

52 Palm St Unit 1, Newark, NJ

This home is located at 52 Palm St Unit 1, Newark, NJ 07106 since 22 January 2020 and is currently estimated at $415,382. This property was built in 1915. 52 Palm St Unit 1 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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