$610,000
SOLD SEP 9, 2024
-- Bed
-- Bath
-- Sq Ft
3,485 Sq Ft Lot

Recently Sold

2% Above List Price

122 Days on Market

About This Home

As of September 2024

This home is located at 53 Rose Terrace, Newark, NJ 07108 and is currently priced at $610,000. 53 Rose Terrace is a home located in Essex County with nearby schools including Belmont Runyon School, Hawthorne Avenue Elementary School, and Louise A. Spencer School.

Last Agent to Sell the Property

Steven Caputi

VRI HOMES Brokerage Phone: 800-531-2885 Listed on: 03/11/2024

Last Buyer's Agent

Steven Caputi

VRI HOMES Brokerage Phone: 800-531-2885 Listed on: 03/11/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,453

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,453

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 53
  • I D: 5274557
  • Modified: 2024-09-11
  • Number Images: 1
  • Attribution Contact: 800-531-2885
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 31X113.7
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Sep 4, 2024
Sold by
Simra Properties Llc
Bought by
Lunzer Eric Philip
Seller's Agent
Steven Caputi
VRI HOMES
Buyer's Agent
Steven Caputi
VRI HOMES
List Price
$599,900
Sold Price
$610,000
Premium/Discount to List
$10,100
1.68%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$589,000
Outstanding Balance
$583,386
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$58,314

Purchase Details

Closed on
Nov 20, 2023
Sold by
Jalagam Venkata R and Madanagopal Vaijayanthimala
Bought by
Simra Properties Llc

Purchase Details

Closed on
Dec 6, 2022
Sold by
Simra Properties Llc
Bought by
Jalagam Venkata R and Madanagopal Vaijayanthimala

Purchase Details

Closed on
Jul 27, 2021
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Simra Properties Llc

Purchase Details

Closed on
Dec 21, 2006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,200
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2002
Sold by
Wells Fargo Home Of Minn
Bought by
Nj Affordable Homes Corp

Purchase Details

Closed on
Jun 25, 2001
Sold by
Richardson George
Bought by
Burton Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.2%
Source: Public Records

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Range of Values:

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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 $620,000 Safe Land Title
Deed -- None Listed On Document
Deed -- --
Deed $319,725 Fortune Title Agency Inc
Deed $305,300 --
Deed $105,100 --
Deed $130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $589,000 New Conventional
Previous Owner $244,200 New Conventional
Previous Owner $401,787 FHA
Previous Owner $104,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 For Rent $2,250 +26.1% --
09/04/2025 09/04/25 For Rent $1,785 0.0% --
09/09/2024 09/09/24 Sold $610,000 -1.6% --
07/11/2024 07/11/24 Pending -- -- --
06/17/2024 06/17/24 Price Changed $620,000 -3.1% --
05/22/2024 05/22/24 Price Changed $640,000 +6.7% --
05/18/2024 05/18/24 For Sale $599,900 0.0% --
03/27/2024 03/27/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $599,900 -- --
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 $6,453 $173,100 $26,700 $146,400
2024 $6,453 $173,100 $26,700 $146,400
2022 $6,467 $173,100 $26,700 $146,400
2021 $6,464 $173,100 $26,700 $146,400
2020 $6,578 $173,100 $26,700 $146,400
2019 $6,510 $173,100 $26,700 $146,400
2018 $6,393 $173,100 $26,700 $146,400
2017 $6,162 $173,100 $26,700 $146,400
2016 $5,955 $173,100 $26,700 $146,400
2015 $5,728 $173,100 $26,700 $146,400
2014 $5,368 $173,100 $26,700 $146,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3890139

Garden State MLS

APN: 14-02624-0000-00026