NOT LISTED FOR SALE

53 Sunset Ave Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $736,728 - $863,000

Studio
-- Bath
-- Sq Ft
2,950 Sq Ft Lot

Last Sold September 23, 2021

Last sale price $480,000

Est. 63% increase in value since last sale

Current estimated payment $5,015/month

20 Days on Market

About This Home

As of September 2021

This home is located at 53 Sunset Ave, Newark, NJ 07106 since 24 June 2021 and is currently estimated at $780,182. 53 Sunset 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

RICARDO SOSA

FLOROSTONE REALTY INC. Brokerage Phone: 908-445-5339 Listed on: 06/24/2021

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,950 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 5083400
  • Attribution Contact: 908-445-5339
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 2950 SF
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Sep 9, 2021
Sold by
Dream Work Properties Llc
Bought by
Chuqui Luis Sergio Quiri and Quiridumbay Blanca Azucena
Seller's Agent
RICARDO SOSA
FLOROSTONE REALTY INC.
List Price
$475,000
Sold Price
$480,000
Premium/Discount to List
$5,000
1.05%
Current Estimated Value
$780,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,182
Avg. Annual Appreciation
11.99%
Original Mortgage
$461,487
Outstanding Balance
$419,919
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$360,263

Purchase Details

Closed on
Sep 19, 2019
Sold by
53 Sunset Ave Llc
Bought by
Dreamwork Properties Llc

Purchase Details

Closed on
Mar 30, 2006
Sold by
Vilsaint Melanie
Bought by
Sunshine Development Grp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,250
Interest Rate
6.4%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 17, 1998
Sold by
City Of Newark
Bought by
Vilsaint Melanie

Purchase Details

Closed on
Aug 9, 1995
Sold by
Intile Helen
Bought by
Petronchak John and Petronchak Joann

Purchase Details

Closed on
Jul 15, 1991
Sold by
Senatore Susan
Bought by
Senatore Senatore S and Senatore Dove,P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Chuqui Luis Sergio Quiri $480,000 Fidelity National Title
Dreamwork Properties Llc -- --
Sunshine Development Grp Llc $117,500 --
Vilsaint Melanie $9,000 --
Petronchak John $138,000 --
Senatore Senatore S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chuqui Luis Sergio Quiri $461,487
Previous Owner Sunshine Development Grp Llc $287,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2021 09/23/21 Sold $480,000 +1.1% --
07/14/2021 07/14/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $475,000 -- --
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 $11,214 $300,800 $16,800 $284,000
2024 $11,214 $300,800 $16,800 $284,000
2022 $8,156 $218,300 $16,800 $201,500
2021 $8,151 $218,300 $16,800 $201,500
2020 $8,295 $218,300 $16,800 $201,500
2019 $8,210 $218,300 $16,800 $201,500
2018 $8,062 $218,300 $16,800 $201,500
2017 $7,771 $218,300 $16,800 $201,500
2016 $7,510 $218,300 $16,800 $201,500
2015 $7,224 $218,300 $16,800 $201,500
2014 $6,769 $218,300 $16,800 $201,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    RICARDO SOSA

    FLOROSTONE REALTY INC.

See All Agents

Map

Source: Garden State MLS

MLS Number: 3722898

Garden State MLS

APN: 14-04061-0000-00119

New Jersey Essex County Newark 07106 Lower Vailsburg

53 Sunset Ave, Newark, NJ

Not Listed for Sale

MultiFamily

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