NOT LISTED FOR SALE

58 Mapes Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $620,000 - $699,000

Studio
-- Bath
-- Sq Ft
3,485 Sq Ft Lot

Last Sold February 27, 2020

Last sale price $207,000

Est. 215% increase in value since last sale

Current estimated payment $4,028/month

31 Days on Market

About This Home

As of February 2020

This home is located at 58 Mapes Ave, Newark, NJ 07112 since 16 November 2019 and is currently estimated at $652,598. This property was built in 1917. 58 Mapes Ave is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

Last Agent to Sell the Property

Nicholas Verdi

KELLER WILLIAMS CITY VIEWS REALTY Brokerage Phone: 973-623-1001 Listed on: 11/16/2019

KELLER WILLIAMS CITY VIEWS REALTY

Last Buyer's Agent

Nicholas Verdi

KELLER WILLIAMS CITY VIEWS REALTY Brokerage Phone: 973-623-1001 Listed on: 11/16/2019

KELLER WILLIAMS CITY VIEWS REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1917

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Year Built: 1917
  • County Name: Essex
  • I D: 4945696
  • Attribution Contact: 973-623-1001
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 35X100
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2019
Closed on
Jan 13, 2020
Sold by
Us Bank Trust Na
Bought by
Skf Management Llc
Seller's Agent
Nicholas Verdi
KELLER WILLIAMS CITY VIEWS REALTY
Buyer's Agent
Nicholas Verdi
KELLER WILLIAMS CITY VIEWS REALTY
List Price
$159,900
Sold Price
$207,000
Premium/Discount to List
$47,100
29.46%
Current Estimated Value
$652,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,598
Avg. Annual Appreciation
21.57%

Purchase Details

Closed on
May 7, 1996
Sold by
Vet Affairs
Bought by
Hinds Neville

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
8.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Skf Management Llc $205,000 Coastal Title Agency
Hinds Neville $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hinds Neville $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2020 02/27/20 Sold $207,000 +29.5% --
12/17/2019 12/17/19 Pending -- -- --
11/16/2019 11/16/19 For Sale $159,900 -- --
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 $7,396 $267,500 $18,800 $248,700
2024 $7,396 $198,400 $18,800 $179,600
2022 $7,412 $198,400 $18,800 $179,600
2021 $7,408 $198,400 $18,800 $179,600
2020 $7,539 $198,400 $18,800 $179,600
2019 $7,462 $198,400 $18,800 $179,600
2018 $7,327 $198,400 $18,800 $179,600
2017 $7,063 $198,400 $18,800 $179,600
2016 $6,825 $198,400 $18,800 $179,600
2015 $6,565 $198,400 $18,800 $179,600
2014 $6,152 $198,400 $18,800 $179,600
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Verdi

    Seller's Agent in 2020

    Nicholas Verdi

    KELLER WILLIAMS CITY VIEWS REALTY

    (973) 769-1009

    2 in this area

    158 Total Sales

    Nicholas Verdi
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Map

Source: Garden State MLS

MLS Number: 3601469

Garden State MLS

APN: 14-03643-0000-00030

New Jersey Essex County Newark 07112 Weequahic

58 Mapes Ave, Newark, NJ

Not Listed for Sale

MultiFamily

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