NOT LISTED FOR SALE

57 Cedar Ave Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $396,000 - $721,347

-- Bed
-- Bath
3,172 Sq Ft
$189/Sq Ft Est. Value

Last Sold July 23, 2012

Last sale price $111,000 $35 Per Sq Ft

Est. 441% increase in value since last sale

Current estimated payment $3,509/month

About This Home

As of July 2012

This home is located at 57 Cedar Ave, Newark, NJ 07106 since 23 July 2012 and is currently estimated at $600,337, approximately $189 per square foot. 57 Cedar Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

Donna Dickson

COLDWELL BANKER REALTY Brokerage Phone: 973-378-8300 Listed on: 07/23/2012

COLDWELL BANKER REALTY

Last Buyer's Agent

Donna Dickson

COLDWELL BANKER REALTY Brokerage Phone: 973-378-8300 Listed on: 07/23/2012

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,914

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,914

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 57
  • I D: 4234851
  • Modified: 2013-07-24
  • Number Images: 1
  • Attribution Contact: 973-378-8300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Mb Newark Llc
Bought by
57 Cedar Nj Llc
Current Estimated Value
$600,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Outstanding Balance
$498,683
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$69,263

Purchase Details

Closed on
Jun 13, 2022
Sold by
116 Broad Holdings Llc
Bought by
Mb Newark Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Closed on
May 12, 2022
Sold by
10 Pckg Llc
Bought by
116 Broad 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
$465,000
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 1, 2013
Sold by
Gtbs Properties Llc
Bought by
57 Cedar Avenue Llc

Purchase Details

Listed on
Jul 23, 2012
Closed on
Jul 23, 2012
Sold by
Jp Morgan Chase Bank Na
Bought by
Gtbs Properties Llc
Seller's Agent
Donna Dickson
COLDWELL BANKER REALTY
Buyer's Agent
Donna Dickson
COLDWELL BANKER REALTY
Sold Price
$111,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%

Purchase Details

Closed on
Oct 18, 2010
Sold by
Federal National Mortgage Association
Bought by
Jp Morgan Chase Bank Na

Purchase Details

Closed on
Jun 7, 2010
Sold by
Mills Shawnette
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 24, 2008
Sold by
Blu Financial Group Inc
Bought by
Mills Shawnette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,600
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2007
Sold by
Us Bank Na
Bought by
Blu Financial Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.63%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 14, 2005
Sold by
Nkomo Emerald
Bought by
Whyte Rohan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,360
Interest Rate
5.74%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 17, 1998
Sold by
Born Asiatic Inc
Bought by
Parker Jarvis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,546
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 1998
Sold by
Andrew M Cuomo Sec Of Housing
Bought by
Born Asiatic Inc

Purchase Details

Closed on
Nov 6, 1989
Sold by
Lambert Ferdinand and Lambert Loxley
Bought by
Lambert Lesaline
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
57 Cedar Nj Llc $650,000 None Listed On Document
Mb Newark Llc $620,000 Cross Bridge Title
116 Broad Holdings Llc $100,000 None Listed On Document
57 Cedar Avenue Llc -- --
57 Cedar Avenue Llc -- --
Gtbs Properties Llc $111,000 Old Republic National Title
Jp Morgan Chase Bank Na -- First Amer Lenders Advantage
Federal National Mortgage Association -- None Available
Mills Shawnette $495,000 Royal Title Service Inc
Blu Financial Group Inc $205,000 None Available
Whyte Rohan $369,200 --
Parker Jarvis $180,000 --
Born Asiatic Inc $20,000 --
Lambert Lesaline -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 57 Cedar Nj Llc $512,000
Previous Owner Mills Shawnette $435,600
Previous Owner Blu Financial Group Inc $250,000
Previous Owner Whyte Rohan $295,360
Previous Owner Parker Jarvis $172,546
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2012 07/23/12 Sold $111,000 -- $35 / 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 $3,914 $105,000 $11,300 $93,700
2024 $3,914 $105,000 $11,300 $93,700
2023 $3,923 $105,000 $11,300 $93,700
2022 $3,923 $105,000 $11,300 $93,700
2021 $3,921 $105,000 $11,300 $93,700
2020 $3,990 $105,000 $11,300 $93,700
2019 $3,949 $105,000 $11,300 $93,700
2018 $3,878 $105,000 $11,300 $93,700
2017 $3,738 $105,000 $11,300 $93,700
2016 $3,612 $105,000 $11,300 $93,700
2015 $3,474 $105,000 $11,300 $93,700
2014 $3,256 $105,000 $11,300 $93,700
Source: Public Records

Agents Affiliated with this Home

  • Donna Dickson

    Seller's Agent in 2012

    Donna Dickson

    COLDWELL BANKER REALTY

    (201) 978-0430

    37 Total Sales

    Donna Dickson
    Section Image
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Map

Source: Garden State MLS

MLS Number: 2942433

Garden State MLS

APN: 14-04209-0000-00012

New Jersey Essex County Newark 07106 Lower Vailsburg

57 Cedar Ave, Newark, NJ

This home is located at 57 Cedar Ave, Newark, NJ 07106 since 23 July 2012 and is currently estimated at $600,337, approximately $189 per square foot. 57 Cedar Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

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