NOT LISTED FOR SALE

549 Hawthorne Ave Unit 551 Newark, NJ 07112

Clinton Hill Neighborhood

Estimated Value: $762,000 - $825,000

-- Bed
-- Bath
-- Sq Ft
3,300 Sq Ft Lot

Last Sold December 23, 2022

Last sale price $640,000

Est. 24% increase in value since last sale

Current estimated payment $5,212/month

23 Days on Market

About This Home

As of December 2022

This home is located at 549 Hawthorne Ave Unit 551, Newark, NJ 07112 since 05 October 2022 and is currently estimated at $792,123. This property was built in 2004. 549 Hawthorne Ave Unit 551 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

Last Agent to Sell the Property

Madeline Guerrero

CENTURY 21 A.G. REALTY GROUP Brokerage Phone: 973-928-3330 Listed on: 10/05/2022

CENTURY 21 A.G. REALTY GROUP

Last Buyer's Agent

KATIMA OYIBO

REALTY ONE GROUP LIVING

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,165

Year Built

  • Built in 2004

Lot Details

  • 3,300 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,165

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Year Built: 2004
  • County Name: Essex
  • Street Number Display: 549
  • I D: 5182660
  • Modified: 2023-12-24
  • Number Images: 1
  • Attribution Contact: 973-928-3330
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 3300 SF
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2025
Sold by
Akanbi Samusudeen G and Akanbi Halimat S
Bought by
Halimat S Akanbi And Samusudeen G Akanbi Trus and Akanbi
Current Estimated Value
$792,123

Purchase Details

Listed on
Oct 5, 2022
Closed on
Dec 12, 2022
Sold by
Solano Andres and Solano Guadalupe
Bought by
Akanbi Samusudeen Ganiyu
Seller's Agent
Madeline Guerrero
CENTURY 21 A.G. REALTY GROUP
Buyer's Agent
KATIMA OYIBO
REALTY ONE GROUP LIVING
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Original Mortgage
$480,000
Interest Rate
6.58%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 27, 2006

Purchase Details

Closed on
Feb 23, 2004
Sold by
A & A Construction Inc
Bought by
Solano Andres and Solano Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,601
Interest Rate
5.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Halimat S Akanbi And Samusudeen G Akanbi Trus -- None Listed On Document
Akanbi Samusudeen Ganiyu $640,000 Stewart Title
-- -- --
Solano Andres $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Akanbi Samusudeen Ganiyu $480,000
Previous Owner Solano Andrwa A $82,700
Previous Owner Solano Andres $419,601
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2022 12/23/22 Sold $640,000 -1.5% --
11/01/2022 11/01/22 Pending -- -- --
10/08/2022 10/08/22 For Sale $650,000 -- --
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
2025 $11,165 $299,500 $22,100 $277,400
2024 $11,165 $299,500 $22,100 $277,400
2022 $11,189 $299,500 $22,100 $277,400
2021 $11,183 $299,500 $22,100 $277,400
2020 $11,381 $299,500 $22,100 $277,400
2019 $11,264 $299,500 $22,100 $277,400
2018 $11,061 $299,500 $22,100 $277,400
2017 $10,662 $299,500 $22,100 $277,400
2016 $10,303 $299,500 $22,100 $277,400
2015 $9,910 $299,500 $22,100 $277,400
2014 $9,288 $299,500 $22,100 $277,400
Source: Public Records

Agents Affiliated with this Home

  • Madeline Guerrero

    Seller's Agent in 2022

    Madeline Guerrero

    CENTURY 21 A.G. REALTY GROUP

    (973) 771-4404

    3 in this area

    48 Total Sales

    Madeline Guerrero
    Section Image

  • K

    Buyer's Agent in 2022

    KATIMA OYIBO

    REALTY ONE GROUP LIVING

See All Agents

Map

Source: Garden State MLS

MLS Number: 3811139

Garden State MLS

APN: 14-03075-0000-00007-04

New Jersey Essex County Newark 07108 Clinton Hill

549 Hawthorne Ave Unit 551, Newark, NJ

This home is located at 549 Hawthorne Ave Unit 551, Newark, NJ 07112 since 05 October 2022 and is currently estimated at $792,123. This property was built in 2004. 549 Hawthorne Ave Unit 551 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

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