NOT LISTED FOR SALE

581-583 Hawthorne Ave Newark, NJ 07112

Clinton Hill Neighborhood

Estimated Value: $679,890 - $760,000

-- Bed
5 Baths
-- Sq Ft
33 Sq Ft Lot

Last Sold November 30, 2022

Last sale price $550,000

Est. 29% increase in value since last sale

Current estimated payment $4,655/month

35 Days on Market

About This Home

As of November 2022

This home is located at 581-583 Hawthorne Ave, Newark, NJ 07112 since 19 July 2022 and is currently estimated at $707,473. This property was built in 2005. 581-583 Hawthorne Ave 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

Michael Iferika

REALTY ONE GROUP LIFESTYLE HOMES Brokerage Phone: 908-233-9292 Listed on: 07/19/2022

REALTY ONE GROUP LIFESTYLE HOMES

Last Buyer's Agent

Michael Iferika

REALTY ONE GROUP LIFESTYLE HOMES Brokerage Phone: 908-233-9292 Listed on: 07/19/2022

REALTY ONE GROUP LIFESTYLE HOMES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,796

Year Built

  • Built in 2005

Lot Details

  • 33 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,796

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Year Built: 2005
  • County Name: Essex
  • Street Number Display: 581-583
  • I D: 5166425
  • Modified: 2023-12-01
  • Number Images: 1
  • Attribution Contact: 908-233-9292
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 33.9X100
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Dec 9, 2022
Sold by
Nwobi Arthur
Bought by
Okusanya Kate
Seller's Agent
Michael Iferika
REALTY ONE GROUP LIFESTYLE HOMES
Buyer's Agent
Michael Iferika
REALTY ONE GROUP LIFESTYLE HOMES
List Price
$570,000
Sold Price
$550,000
Premium/Discount to List
-$20,000
-3.51%
Total Days on Market
35
Views
22
Current Estimated Value
$707,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,473
Avg. Annual Appreciation
10.46%
Original Mortgage
$412,500
Outstanding Balance
$401,422
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$306,052

Purchase Details

Closed on
Jan 31, 2014
Sold by
Goodman Kingsley
Bought by
Nwobi Arthur

Purchase Details

Listed on
Jul 12, 2012
Closed on
Jul 11, 2012
Sold by
Chisholm Cliff
Bought by
Goodman Kingdsley
Sold Price
$169,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.72%

Purchase Details

Closed on
Sep 12, 2005
Sold by
A & A Construction Inc
Bought by
Chisholm Cliff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2003
Sold by
Smalls Lucy
Bought by
A And A Constructiosn Inc
Source: Public Records

Range of Values:

Collateral Analytics

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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
Okusanya Kate $550,000 --
Nwobi Arthur -- --
Goodman Kingdsley $169,000 Rms Title
Chisholm Cliff $480,000 --
A And A Constructiosn Inc $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okusanya Kate $412,500
Previous Owner Chisholm Cliff $48,000
Previous Owner Chisholm Cliff $384,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $550,000 -3.5% --
08/23/2022 08/23/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $570,000 +237.3% --
07/12/2012 07/12/12 Sold $169,000 -- --
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 $10,796 $289,600 $22,300 $267,300
2022 $10,819 $289,600 $22,300 $267,300
2021 $10,814 $289,600 $22,300 $267,300
2020 $11,005 $289,600 $22,300 $267,300
2019 $10,892 $289,600 $22,300 $267,300
2018 $10,695 $289,600 $22,300 $267,300
2017 $10,310 $289,600 $22,300 $267,300
2016 $9,962 $289,600 $22,300 $267,300
2015 $9,583 $289,600 $22,300 $267,300
2014 $8,981 $289,600 $22,300 $267,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michael Iferika

    REALTY ONE GROUP LIFESTYLE HOMES

    (908) 884-0330

    4 in this area

    12 Total Sales

    Michael Iferika
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3796928

Garden State MLS

APN: 14-03081-0000-00013

New Jersey Essex County Newark 07108 Clinton Hill

581-583 Hawthorne Ave, Newark, NJ

This home is located at 581-583 Hawthorne Ave, Newark, NJ 07112 since 19 July 2022 and is currently estimated at $707,473. This property was built in 2005. 581-583 Hawthorne Ave 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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