$710,000
SOLD APR 2, 2025
6 Beds
4 Baths
-- Sq Ft
3,999 Sq Ft Lot

Recently Sold

13% Above List Price

45 Days on Market

About This Home

As of April 2025

This home is located at 53 Monticello Ave, Newark, NJ 07106 and is currently priced at $710,000. This property was built in 1932. 53 Monticello 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

Mackenson Bonnet

Weichert Realtors, Summit Listed on: 12/30/2024

Weichert Realtors, Summit

Last Buyer's Agent

Roberto Alexandre

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,762

Year Built

  • 1932

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry in Basement
  • 3,999 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 23 / 4184

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,762

Year Built

1932

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (908) 277-1200
  • MLS Status: Sold - Sold
  • Directions: South Orange Ave to Monticello Ave.
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1932

Interior Features

  • Total Bedrooms: 6
  • Basement Remarks: Finished

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 3999.0

Tax Info

  • Tax Annual Amount: 7762.0
  • Tax Block: 4184
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2024
Closed on
Mar 29, 2025
Sold by
Desir Martine and Desir Francky
Bought by
Prince Raymonde and Dacius Juna
Seller's Agent
Mackenson Bonnet
Weichert Realtors, Summit
Buyer's Agent
Roberto Alexandre
EXP Realty, LLC
List Price
$630,000
Sold Price
$710,000
Premium/Discount to List
$80,000
12.7%
Total Days on Market
45
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-22.77%
Original Mortgage
$697,140
Outstanding Balance
$696,541
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$18,807

Purchase Details

Closed on
Jan 11, 2007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,600
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2004
Sold by
Adisson Carmen
Bought by
Desir Franky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 1991
Sold by
Adisson Leclerc and Adisson Carmen
Bought by
Adisson Carmen
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 Type Sale Price Title Company
Deed $710,000 Chicago Title
Quit Claim Deed -- --
Deed $190,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $697,140 New Conventional
Previous Owner $313,600 New Conventional
Previous Owner $225,000 Adjustable Rate Mortgage/ARM
Previous Owner $0 New Conventional
Previous Owner $9,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Off Market $710,000 -- --
04/02/2025 04/02/25 Sold $710,000 +12.7% --
02/13/2025 02/13/25 Pending -- -- --
02/12/2025 02/12/25 Off Market $630,000 -- --
01/22/2025 01/22/25 Pending -- -- --
12/30/2024 12/30/24 For Sale $630,000 -- --
Source: New Jersey 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 $7,609 $204,100 $24,400 $179,700
2022 $7,625 $204,100 $24,400 $179,700
2021 $7,621 $204,100 $24,400 $179,700
2020 $7,756 $204,100 $24,400 $179,700
2019 $7,676 $204,100 $24,400 $179,700
2018 $7,537 $204,100 $24,400 $179,700
2017 $7,266 $204,100 $24,400 $179,700
2016 $7,021 $204,100 $24,400 $179,700
2015 $6,754 $204,100 $24,400 $179,700
2014 $6,329 $204,100 $24,400 $179,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24050983

New Jersey MLS

APN: 14-04184-0000-00023