NOT LISTED FOR SALE

538 Clifton Ave Unit 540 Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $755,152 - $932,000

6 Beds
3.5 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold April 28, 2020

Last sale price $460,000

Est. 80% increase in value since last sale

Current estimated payment $5,560/month

24 Days on Market

Highlights

  • Colonial Architecture
  • Formal Dining Room
  • Eat-In Kitchen
  • Game Room
  • 1 Car Detached Garage
  • Utility Room

About This Home

As of April 2020

BEAUTIFUL COLONIAL SINGLE-FAMILY HOME, FEATURING 3 1/2 BATHS, SIX BEDROOMS, WITH IN-LAWS SUITE AND FINISHED BASEMENT & SMALL BACKYARD WITH GARAGE CONVENIENTLY LOCATED NEARBY SCHOOLS. HALF A BLOCK AWAY FROM MAJOR TRANSPORTATION AND A FEW BLOCKS FROM LIGHT RAIL STATION. FOREST HILL HISTORICAL SECTION.

Last Agent to Sell the Property

RALPH VELEZ

QUEENS REALTY Listed on: 01/28/2020

Last Buyer's Agent

ETINWA-OKON EDEM

KYM REALTY GROUP LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,594

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Historic Home

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Dining Room with Fireplace
  • Formal Dining Room
  • Game Room
  • Utility Room
  • Walk-Out Basement
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Window Unit Cooling System
  • Radiator
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 1614-00672-0000-00037-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,594

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1930
  • Year Built Description: Historical, Standing
  • County Name: Essex
  • Street Number Display: 538-540
  • Directions: MapQuest.com
  • I D: 4958671
  • Modified: 2021-09-23
  • Number Images: 21
  • First Name: RALPH
  • First Name3: ETINWA-OKON
  • Last Name: VELEZ
  • Last Name3: EDEM
  • Office Phone: 973-302-7264
  • Office Phone3: 908-486-9399
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Dining Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas
  • Number Rooms: 11
  • Bedrooms: 6
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Walkout
  • Basement Level Rooms: Family Room, GameRoom, Utility Room
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Phone: 973-302-7264

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water

Lot Info

  • Lot Size: 50X100
  • Assessed Improvement Value: 197600
  • Assessed Land Value: 57500
  • Assessment: 255100
  • Easement: Unknown
  • Lot Identifier: 37
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9594
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00672-0000-00037-0000-
  • Assessor Parcel Number: *
  • 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

Closed on
Dec 20, 2024
Sold by
Kontoh James O
Bought by
Atlantic Ocean Consulting Llc
Current Estimated Value
$828,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,250
Outstanding Balance
$637,342
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$195,946

Purchase Details

Listed on
Jan 28, 2020
Closed on
Apr 27, 2020
Sold by
Vasquez Junior and Torres Norma
Bought by
Kontoh James O
Seller's Agent
RALPH VELEZ
QUEENS REALTY
Buyer's Agent
ETINWA-OKON EDEM
KYM REALTY GROUP LLC
List Price
$474,900
Sold Price
$460,000
Premium/Discount to List
-$14,900
-3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.86%
Original Mortgage
$451,668
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 2001
Sold by
Narvaez Nelson
Bought by
Vasquez Junion and Torres Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,987
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 1996
Sold by
Federal National Mortgage Association
Bought by
Narvez Nelson and Narvez Floriza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
8.11%
Source: Public Records

Range of Values:

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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
Atlantic Ocean Consulting Llc -- None Listed On Document
Kontoh James O $460,000 Foundation Title Llc
Vasquez Junion $195,000 --
Narvez Nelson $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atlantic Ocean Consulting Llc $641,250
Previous Owner Kontoh James O $451,668
Previous Owner Vasquez Junion $191,987
Previous Owner Narvez Nelson $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2020 04/28/20 Sold $460,000 -3.1% --
02/21/2020 02/21/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $474,900 -- --
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 $13,943 $374,000 $57,500 $316,500
2024 $13,943 $374,000 $57,500 $316,500
2022 $13,973 $374,000 $57,500 $316,500
2021 $13,984 $374,500 $57,500 $317,000
2020 $9,694 $255,100 $57,500 $197,600
2019 $9,594 $255,100 $57,500 $197,600
2018 $9,421 $255,100 $57,500 $197,600
2017 $9,082 $255,100 $57,500 $197,600
2016 $8,775 $255,100 $57,500 $197,600
2015 $8,441 $255,100 $57,500 $197,600
2014 $7,911 $255,100 $57,500 $197,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    RALPH VELEZ

    QUEENS REALTY

  • E

    Buyer's Agent in 2020

    ETINWA-OKON EDEM

    KYM REALTY GROUP LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3612711

Garden State MLS

APN: 14-00672-0000-00037

New Jersey Essex County Newark 07104 Forest Hill

538 Clifton Ave Unit 540, Newark, NJ

This home is located at 538 Clifton Ave Unit 540, Newark, NJ 07104 since 28 January 2020 and is currently estimated at $833,288. This property was built in 1930. 538 Clifton Ave Unit 540 is a home located in Essex County with nearby schools including Ridge Street Elementary School, Elliott Street Elementary School, and Rafael Hernandez School.

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