NOT LISTED FOR SALE

Estimated Value: $655,751 - $774,000

-- Bed
-- Bath
3,226 Sq Ft
$223/Sq Ft Est. Value

Last Sold February 03, 2021

Last sale price $440,000 $136 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,877/month

217 Days on Market

About This Home

As of February 2021

This home is located at 54 3rd St, Newark, NJ 07107 since 22 April 2020 and is currently estimated at $718,688, approximately $222 per square foot. This property was built in 1914. 54 3rd St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.

Last Agent to Sell the Property

Antonio Semiao

C-21 SEMIAO AND ASSOCIATES Brokerage Phone: 201-460-8000 Listed on: 04/22/2020

Last Buyer's Agent

NAEEM BOUCHER

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,795

Year Built

  • Built in 1914

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,795

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Year Built: 1914
  • County Name: Essex
  • Street Number Display: 54
  • I D: 4975598
  • Modified: 2022-02-04
  • Number Images: 1
  • Attribution Contact: 201-460-8000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X95
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2020
Closed on
Jan 29, 2021
Sold by
Merrill-Atkins Group Llc
Bought by
Marlowe Sahar M
Seller's Agent
Antonio Semiao
C-21 SEMIAO AND ASSOCIATES
Buyer's Agent
NAEEM BOUCHER
EXP REALTY, LLC
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-2%
Current Estimated Value
$718,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,688
Avg. Annual Appreciation
11.13%
Original Mortgage
$360,000
Outstanding Balance
$321,980
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$396,708

Purchase Details

Closed on
Aug 31, 2015
Sold by
Km Newark Associates Llc
Bought by
Sutton Stephanie

Purchase Details

Closed on
Oct 6, 2009
Sold by
American Home Mortgage Servicing
Bought by
K M Newark Associates Llc

Purchase Details

Closed on
Jan 10, 2008
Sold by
Mogrovejo Julio
Bought by
American Home Mortgage Servicing

Purchase Details

Closed on
Sep 16, 2006
Sold by
Drosa Agency
Bought by
Mogrovejo Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,500
Interest Rate
6.16%

Purchase Details

Closed on
Dec 21, 2005
Sold by
Everett Melvin
Bought by
Drosa Agency
Source: Public Records

Range of Values:

Collateral Analytics

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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
Marlowe Sahar M $450,000 Title Guarantee
Sutton Stephanie $340,000 --
K M Newark Associates Llc $65,000 None Available
American Home Mortgage Servicing -- None Available
Mogrovejo Julio $485,000 --
Drosa Agency $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marlowe Sahar M $360,000
Previous Owner Mogrovejo Julio $436,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2021 02/03/21 Sold $440,000 -2.0% $136 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $449,000 +156.6% $139 / Sq Ft
01/28/2019 01/28/19 Sold $175,000 +25.0% $54 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
10/17/2018 10/17/18 For Sale $140,000 -- $43 / Sq Ft
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 $12,795 $343,200 $20,800 $322,400
2024 $12,795 $343,200 $20,800 $322,400
2022 $12,822 $343,200 $20,800 $322,400
2021 $6,042 $161,800 $20,800 $141,000
2020 $6,148 $161,800 $20,800 $141,000
2019 $6,085 $161,800 $20,800 $141,000
2018 $5,975 $161,800 $20,800 $141,000
2017 $5,760 $161,800 $20,800 $141,000
2016 $5,566 $161,800 $20,800 $141,000
2015 $5,354 $161,800 $20,800 $141,000
2014 $5,017 $161,800 $20,800 $141,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3628781

Garden State MLS

APN: 14-01877-0000-00014