54 3rd St Newark, NJ 07107
Fairmount NeighborhoodEstimated Value: $621,120 - $718,000
8
Beds
3
Baths
3,226
Sq Ft
$213/Sq Ft
Est. Value
Highlights
- Views to the South
- Rectangular Lot
- 4-minute walk to Liberty Park
- Property is near a park
About This Home
As of February 2021Recently renovated 3 Family. All units are in great condition, newer windows, forced hot air.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,975
Lot Details
- 2,374 Sq Ft Lot
- Rectangular Lot
Home Design
- Built between 1900 - 1939
- Vinyl Construction Material
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Location
- Property is near a park
- Property is near public transit
- Property is near schools
- Property is near shops
Utilities
- Heating System Uses Gas
- Separate Meters
Additional Features
- Views to the South
- Basement Fills Entire Space Under The House
Listing and Financial Details
- Assessor Parcel Number 071401877 00014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2020
Closed on
Jan 29, 2021
Sold by
The Merrill Atkins Group Llc
Bought by
Marlowe Sahar M
Seller's Agent
Antonio Semiao
Century 21 Semiao & 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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,030
Avg. Annual Appreciation
11.09%
Original Mortgage
$360,000
Outstanding Balance
$325,634
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$371,708
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
Similar Home in Newark, NJ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marlowe Sahar M | $450,000 | Title Guarantee Inc | |
| 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 | 113 S Mnn Avenue Llc | $500,000 | |
| Previous Owner | 113 S Munn Avenue Llc | $0 | |
| 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 | -- | -- | -- |
| 08/22/2020 08/22/20 | For Sale | $449,000 | 0.0% | $139 / Sq Ft |
| 06/26/2020 06/26/20 | Pending | -- | -- | -- |
| 04/11/2020 04/11/20 | 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: New Jersey MLS
Tax History Compared to Growth
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 | $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
-
Antonio Semiao
Seller's Agent in 2021
Antonio Semiao
Century 21 Semiao & Associates
(201) 679-1594
1 in this area
39 Total Sales
-
Naeem Boucher
Buyer's Agent in 2021
Naeem Boucher
EXP Realty, LLC
(973) 405-0095
4 in this area
109 Total Sales
-
B
Seller's Agent in 2019
BRANDON PEART
EXP REALTY, LLC
Map
Source: New Jersey MLS
MLS Number: 20013495
APN: 14-01877-0000-00014
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
Nearby Homes