$453,000
SOLD NOV 12, 2024
4 Beds
2 Baths
-- Sq Ft
2,614 Sq Ft Lot

Recently Sold

13% Above List Price

28 Days on Market

About This Home

As of November 2024

This home is located at 540 Hawthorne Ave, Newark, NJ 07112 and is currently priced at $453,000. This property was built in 1927. 540 Hawthorne Ave is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Chancellor Avenue School, and Peshine Avenue Elementary School.

Last Agent to Sell the Property

Suselle Salermo

RE/MAX FIRST REALTY II Brokerage Phone: 908-664-1500 Listed on: 08/08/2024

RE/MAX FIRST REALTY II

Last Buyer's Agent

Sheila Ebiaru

EXP REALTY, LLC

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,764

Year Built

  • Built in 1927

Lot Details

  • 2,614 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,764

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Year Built: 1927
  • County Name: Essex
  • Street Number Display: 540
  • I D: 5305587
  • Modified: 2024-11-12
  • Number Images: 1
  • Attribution Contact: 908-664-1500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Oct 25, 2024
Sold by
Flipping Newark 008 Llc
Bought by
Manon Giselle and Melendez Marcos
Seller's Agent
Suselle Salermo
RE/MAX FIRST REALTY II
Buyer's Agent
Sheila Ebiaru
EXP REALTY, LLC
List Price
$399,900
Sold Price
$453,000
Premium/Discount to List
$53,100
13.28%
Views
224
Current Estimated Value
$436,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,491
Avg. Annual Appreciation
-5.31%
Original Mortgage
$430,350
Outstanding Balance
$428,219
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$8,290

Purchase Details

Closed on
Mar 20, 2024
Sold by
County Of Essex Sheriffs
Bought by
Flipping Newark 008 Llc and New Jersey Housing And Mortgage Finance Agenc

Purchase Details

Closed on
Aug 31, 2005
Sold by
Bond Bernard
Bought by
Bond Gerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 20, 1991
Sold by
Administrator Of Veterans Affairs
Bought by
Bond Bernard M and Bond Sallie A
Source: Public Records

Similar Homes in Newark, NJ

  • 212-214 Nye Ave, Newark, NJ 07112

    $465,000

    • 3 Beds
    • 2 Baths
    • 212-214 Nye Ave
    • Newark, NJ

    Looking for a new home or an opportunity for a In-Law Suite. This updated home has a modern lifestyle design and much more. The open floor plan makes it easy to entertain or just relax. Completely re-done with quality workmanship. the home has been completely redone with quality workmanship. 1st floor unit is a 1 bedroom while the 2nd floor unit has two levels, kitchen with center island, large

    Russel Barling Coldwell Banker, Upper Montclair

    Section Image
  • 881 S 15th St Unit 883, Newark, NJ 07108

    $529,999

    • 6 Beds
    • 3 Baths
    • 881 S 15th St
    • Unit 883
    • Newark, NJ

    Welcome to this beautifully renovated 6-bedroom, 3-bath single-family home located in the heart of Newark! Boasting over 2,100 sq ft of living space, this spacious home features a bright traditional floor plan, a full bath on each level with modern finishes throughout. The first floor offers generous living and dining areas, a fully updated kitchen with quartz countertops, stainless steel

    Tayllor Cooper COOPER MCKELVEY REAL ESTATE CO.

    Section Image
  • 17 Grumman Ave Unit 19, Newark, NJ 07112

    $549,000

    • 4 Beds
    • 3 Baths
    • 17 Grumman Ave
    • Unit 19
    • Newark, NJ

    Welcome to 17 Grumman Avenue, a beautifully renovated Colonial-style home located in Newark?s Weequahic section. This spacious 4-bedroom, 1 full and 2 half-bath residence offers thoughtful updates and versatile living spaces. The main level features an open-concept layout with a formal dining area and a modern eat-in kitchen. Upstairs, the primary bedroom includes a bonus room that can serve as a

    TOVIA LICHTMAN KELLER WILLIAMS MID-TOWN DIRECT

    Section Image
  • 139-141 Pine Grove Terrace, Newark, NJ 07106

    $439,000

    • 4 Beds
    • 2.5 Baths
    • 139-141 Pine Grove Terrace
    • Newark, NJ

    Welcome to this stunning 4-bedroom, 2.5-bath colonial home nestled in the heart of the sought-after Vailsburg neighborhood. This home, built in 1927, exudes timeless elegance with its classic charm and an abundance of original details, offering a seamless blend of vintage appeal and modern possibilities. With 1691 square feet of living space, as you step inside, you are greeted by gleaming

    Angel Nolan Weichert Realtors, Montclair

    Section Image
  • 139 Pine Grove Terrace Unit 141, Newark, NJ 07106

    $439,000

    • 4 Beds
    • 2.5 Baths
    • 139 Pine Grove Terrace
    • Unit 141
    • Newark, NJ

    Welcome to this stunning 4-bedroom, 2.5-bath colonial home nestled in the heart of the sought-after Vailsburg neighborhood. This home, built in 1927, exudes timeless elegance with its classic charm and an abundance of original details, offering a seamless blend of vintage appeal and modern possibilities. With 1691 square feet of living space, as you step inside, you are greeted by gleaming

    Angel Nolan WEICHERT REALTORS

    Section Image
  • 68 Brunswick St, Newark, NJ 07114

    $450,000

    • 4 Beds
    • 1 Bath
    • 68 Brunswick St
    • Newark, NJ

    Attention Investors! Prime Opportunity with Approved Plans for a Two-family Conversion.Unlock the potential of this single-family home, now with approved plans for conversion into a legal two-family residence with 2 bedroom on the 1st floor and a duplex 2nd & 3rd floor! Located in a high-demand area near Iron bound area, this property is primed for maximum return on investment.With zoning

    Cynthia Barrett-Bismuth ALEXANDER ANDERSON REAL ESTATE

    Section Image
  • 47 Oakland Terrace Unit 49, Newark, NJ 07106

    $475,000

    • 3 Beds
    • 2.5 Baths
    • 47 Oakland Terrace
    • Unit 49
    • Newark, NJ

    Welcome to 47 Oakland Terrace, a spacious and newly renovated Colonial located on a quiet block in Newark?s Upper Vailsburg section. Renovated in 2025, this beautifully updated single-family home features 3 bedrooms and 2.5 bathrooms, with additional flexible spaces in the finished basement and main-floor den that can serve as extra bedrooms, office space, or guest quarters. The main level offers

    TOVIA LICHTMAN KELLER WILLIAMS MID-TOWN DIRECT

    Section Image
  • 417 Lafayette St, Newark, NJ 07105

    $365,000

    • 3 Beds
    • 1 Bath
    • 900 Sq Ft
    • 417 Lafayette St
    • Newark, NJ

    WELCOME to 417 Lafayette St!!! Charming, well-maintained Townhouse, and it is conveniently located in the heart of the Ironbound. Everything is just steps away from your door. Local restaurants, Ferry, Wilson Street Shopping stores, recreational parks, and all major highways and public transportation. Features: First-level Kitchen/Dining room with ample cabinets, access to the backyard. Spacious

    Augusto Verissimo WEICHERT REALTORS - HOME CITY

    Section Image
  • 72 Houston St, Newark, NJ 07105

    $484,500

    • 3 Beds
    • 1.5 Baths
    • 72 Houston St
    • Newark, NJ

    Welcome to 72 Houston St.!!! It is conveniently located in the sought-after Ironbound enclave of Newark. Everything is just steps away from your door. Local Restaurants & Ferry Street Shopping Stores, recreational parks, and all major Highways and Public transportation. Well-maintained, colonial home featuring a Bright, spacious kitchen with stainless steel Appliances, sliding door leading to the

    Augusto Verissimo WEICHERT REALTORS - HOME CITY

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $453,000 None Listed On Document
Deed $453,000 None Listed On Document
Sheriffs Deed $220,000 None Listed On Document
Deed $135,000 --
Quit Claim Deed $9,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $430,350 New Conventional
Closed $430,350 New Conventional
Previous Owner $130,000 Negative Amortization
Previous Owner $108,750 Adjustable Rate Mortgage/ARM
Previous Owner $75,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 Sold $453,000 +13.3% --
09/05/2024 09/05/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $399,900 +210.0% --
03/08/2018 03/08/18 Sold $129,000 -18.9% --
02/01/2018 02/01/18 Pending -- -- --
09/25/2017 09/25/17 For Sale $159,000 -- --
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
2024 $4,764 $127,800 $20,200 $107,600
2022 $4,775 $127,800 $20,200 $107,600
2021 $4,772 $127,800 $20,200 $107,600
2020 $4,856 $127,800 $20,200 $107,600
2019 $4,807 $127,800 $20,200 $107,600
2018 $4,720 $127,800 $20,200 $107,600
2017 $4,165 $117,000 $20,200 $96,800
2016 $4,025 $117,000 $20,200 $96,800
2015 $3,872 $117,000 $20,200 $96,800
2014 $3,628 $117,000 $20,200 $96,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3917923

Garden State MLS

APN: 14-03074-0000-00003