NOT LISTED FOR SALE

57 Shephard Ave Unit 59 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $632,000 - $718,000

6 Beds
2 Baths
2,412 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $532,000 $221 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,684/month

7 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Den
  • Eat-In Kitchen

About This Home

As of June 2022

Welcome to this massively renovated 2400+ sq. ft. colonial located in the Weequahic section of Newark. Boasting 6 bedrooms, 2 baths, a newly renovated kitchen with granite counter tops, soft close cabinetry, a master bedroom with a walk in closet and much more. Additional features include an expansive front porch, full unfinished basement waiting for your imagination, and a large backyard.

Last Agent to Sell the Property

Fernando Leyva

REAL Listed on: 03/03/2022

REAL

Co-Listed By

Peter Tlatelpa

REAL

Last Buyer's Agent

DORTHY LAGUERRE

SIGNATURE REALTY NJ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,683

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 4,792

Parking

  • 4 Parking Spaces

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,412 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Mock Fireplace
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • 4,792 Sq Ft Lot
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 1614-03640-0000-00066-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,683

Year Built

Built in 1910 | Remodeled

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1910
  • Year Built Description: Approximate, Renovated
  • County Name: Essex
  • Exclusions: Owners Belongings
  • Renovated Year: 2022
  • Street Number Display: 57
  • Directions: Bergen St to Shephard Ave
  • I D: 5133109
  • Modified: 2023-06-08
  • Number Images: 26
  • First Name: FERNANDO
  • First Name2: PETER
  • First Name3: DORTHY
  • Last Name: LEYVA
  • Last Name2: TLATELPA
  • Last Name3: LAGUERRE
  • Office Phone: 855-450-0442
  • Office Phone2: 000-000-0000
  • Attribution Contact: null
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Imitation
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Walk-In Closet
  • Number Rooms: 11
  • Bedrooms: 6
  • Master Bedroom Desc: Walk-In Closet
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Level 1 Rooms: Bath(s) Other, Den, Dining Room, Foyer, Kitchen, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath(s) Other
  • Level 3 Rooms: 3 Bedrooms
  • Estimated Sq Ft: 2412

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Ceiling Fan
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Lot Info

  • Lot Size: 50X100
  • Assessed Improvement Value: 129700
  • Assessed Land Value: 22500
  • Assessment: 152200
  • Easement: Unknown
  • Lot Identifier: 66
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5683
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-03640-0000-00066-0000-
  • 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
Mar 3, 2022
Closed on
Jun 7, 2022
Sold by
57 Shepard Ave Newark Llc
Bought by
Auguste Marie Carmelle and Auguste Henry
Seller's Agent
Fernando Leyva
REAL
Buyer's Agent
DORTHY LAGUERRE
SIGNATURE REALTY NJ
List Price
$448,888
Sold Price
$532,000
Premium/Discount to List
$83,112
18.52%
Current Estimated Value
$667,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,297
Avg. Annual Appreciation
7.09%
Original Mortgage
$511,537
Outstanding Balance
$483,304
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$183,993

Purchase Details

Listed on
Apr 5, 2021
Closed on
Jun 15, 2021
Sold by
Alexander Frances
Bought by
57 Shepard Ave Newark Llc
Seller's Agent
Peter Tlatelpa
REAL
Buyer's Agent
Fernando Leyva
REAL
List Price
$279,000
Sold Price
$270,000
Premium/Discount to List
-$9,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
99.78%
Original Mortgage
$316,250
Interest Rate
2.9%
Mortgage Type
Construction
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
Auguste Marie Carmelle $532,000 American Land Title
57 Shepard Ave Newark Llc $270,000 Grandview Ttl Agcy Of Bregen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Auguste Marie Carmelle $511,537
Previous Owner 57 Shepard Ave Newark Llc $316,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $532,000 +18.5% $221 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $448,888 +66.3% $186 / Sq Ft
06/16/2021 06/16/21 Sold $270,000 -3.2% --
04/27/2021 04/27/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $279,000 -- --
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 $13,756 $225,800 $22,500 $203,300
2024 $13,756 $369,000 $22,500 $346,500
2022 $6,448 $172,600 $22,500 $150,100
2021 $5,683 $152,200 $22,500 $129,700
2020 $5,784 $152,200 $22,500 $129,700
2019 $5,724 $152,200 $22,500 $129,700
2018 $5,621 $152,200 $22,500 $129,700
2017 $5,418 $152,200 $22,500 $129,700
2016 $5,236 $152,200 $22,500 $129,700
2015 $5,036 $152,200 $22,500 $129,700
2014 $4,720 $152,200 $22,500 $129,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3766999

Garden State MLS

APN: 14-03640-0000-00066