NOT LISTED FOR SALE

54 Custer Ave Unit 56 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $360,000 - $566,000

4 Beds
1.5 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold March 23, 2022

Last sale price $275,000

Est. 82% increase in value since last sale

Current estimated payment $3,279/month

27 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Level Lot
  • Main Floor Bedroom
  • Eat-In Kitchen

About This Home

As of March 2022

4 Bedroom brick single family with parking located in Newark in need of repairs and updates. Close to all modes of public transportation easy commute to New York. Signed Buyers Hold Harless & release regarding covid required before to gain access. Pls use all precautions when walking through the home at all times. The buyer is responsible for all city inspections. No offers under the list price will be entertained only direct buyers no wholesalers please

Last Agent to Sell the Property

DARRELL BAILEY

RE/MAX FIRST REALTY II Listed on: 02/18/2022

RE/MAX FIRST REALTY II

Last Buyer's Agent

DARRELL BAILEY

RE/MAX FIRST REALTY II Listed on: 02/18/2022

RE/MAX FIRST REALTY II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,497

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Fixer Upper
  • Brick Exterior Construction
  • Composition Shingle Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Additional Features

  • Eat-In Kitchen
  • Standard Electricity
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 1614-03637-0000-00067-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,497

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial, Fixer Upper
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1925
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 54 -56
  • Directions: Elizabeth Ave Custer
  • I D: 5130669
  • Modified: 2023-03-24
  • Number Images: 19
  • First Name: DARRELL
  • First Name3: DARRELL
  • Last Name: BAILEY
  • Last Name3: BAILEY
  • Office Phone: 862-283-1282
  • Office Phone3: 862-283-1282
  • Attribution Contact: 908-664-1500
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Rooms: 7
  • Bedrooms: 4
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Phone: 908-664-1500

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Composition Shingle

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 50X101.4
  • Assessed Improvement Value: 178300
  • Assessed Land Value: 22500
  • Assessment: 200800
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 67
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Tax Amount: 7497
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-03637-0000-00067-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.734
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Mar 12, 2022
Sold by
Jga Development Llc
Bought by
Barrera Edwin J Amon and Guaman Sandra Vega
Seller's Agent
DARRELL BAILEY
RE/MAX FIRST REALTY II
Buyer's Agent
DARRELL BAILEY
RE/MAX FIRST REALTY II
List Price
$273,081
Sold Price
$275,000
Premium/Discount to List
$1,919
0.7%
Current Estimated Value
$500,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,884
Avg. Annual Appreciation
18.63%

Purchase Details

Closed on
Nov 1, 2021
Sold by
Anchor Assets Xviii Holdings Llc
Bought by
Jga Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,962,349
Interest Rate
3.11%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 20, 2021
Sold by
Anchor Assets Xiv Llc
Bought by
Anchor Assets Xviii Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,962,349
Interest Rate
3.11%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 10, 2021
Sold by
Nj R & R Re Holdings Llc
Bought by
Anchor Assets Xiv Llc

Purchase Details

Closed on
Jul 25, 2003
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
Barrera Edwin J Amon $275,000 Sunnyside Title
Jga Development Llc $321,287 Fortune Title
Anchor Assets Xviii Holdings Llc $714 Kapnick Eric
Anchor Assets Xiv Llc -- New Title Company Name
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jga Development Llc $4,962,349
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold $275,000 +0.7% --
03/17/2022 03/17/22 Pending -- -- --
03/15/2022 03/15/22 Price Changed $273,081 -4.2% --
03/07/2022 03/07/22 Price Changed $285,000 +4.4% --
02/18/2022 02/18/22 For Sale $273,081 -- --
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 $7,486 $200,800 $22,500 $178,300
2024 $7,486 $200,800 $22,500 $178,300
2022 $7,502 $200,800 $22,500 $178,300
2021 $7,498 $200,800 $22,500 $178,300
2020 $7,630 $200,800 $22,500 $178,300
2019 $7,552 $200,800 $22,500 $178,300
2018 $7,416 $200,800 $22,500 $178,300
2017 $7,148 $200,800 $22,500 $178,300
2016 $6,908 $200,800 $22,500 $178,300
2015 $6,644 $200,800 $22,500 $178,300
2014 $6,227 $200,800 $22,500 $178,300
Source: Public Records

Agents Affiliated with this Home

  • DARRELL BAILEY

    Seller's Agent in 2022

    DARRELL BAILEY

    RE/MAX

    (862) 254-8827

    17 in this area

    159 Total Sales

    DARRELL BAILEY
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3764746

Garden State MLS

APN: 14-03637-0000-00067

New Jersey Essex County Newark 07112 Weequahic

54 Custer Ave Unit 56, Newark, NJ

This home is located at 54 Custer Ave Unit 56, Newark, NJ 07112 since 18 February 2022 and is currently estimated at $500,884. This property was built in 1925. 54 Custer Ave Unit 56 is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Belmont Runyon School, and Hawthorne Avenue Elementary School.

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