NOT LISTED FOR SALE

59 Cutler St Newark, NJ 07104

Seventh Avenue Neighborhood

Estimated Value: $385,602 - $534,000

-- Bed
-- Bath
-- Sq Ft
1,742 Sq Ft Lot

Last Sold July 21, 2021

Last sale price $291,500

Est. 61% increase in value since last sale

Current estimated payment $3,000/month

113 Days on Market

About This Home

As of July 2021

This home is located at 59 Cutler St, Newark, NJ 07104 since 21 February 2021 and is currently estimated at $469,651. This property was built in 1890. 59 Cutler St is a home located in Essex County with nearby schools including Franklin School, Rafael Hernandez School, and Dr. William H. Horton Elementary School.

Last Agent to Sell the Property

BETSY RODRIGUEZ

LIFESTYLE INTERNATIONAL REALTY Brokerage Phone: 908-282-1234 Listed on: 02/21/2021

Last Buyer's Agent

BETSY RODRIGUEZ

LIFESTYLE INTERNATIONAL REALTY Brokerage Phone: 908-282-1234 Listed on: 02/21/2021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,884

Year Built

1890

Lot Details

0

Listing Details

  • Year Built: 1890
  • County Name: Essex
  • Street Number Display: 59
  • I D: 5049633
  • Modified: 2022-07-22
  • Number Images: 1
  • Attribution Contact: 908-282-1234
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25.2X70
  • Total Acres: 0.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2021
Closed on
Jul 16, 2021
Sold by
Alfonzo Manuel and Alfonzo Cecelia
Bought by
Quinche Jorge L Penafiel
Seller's Agent
BETSY RODRIGUEZ
LIFESTYLE INTERNATIONAL REALTY
Buyer's Agent
BETSY RODRIGUEZ
LIFESTYLE INTERNATIONAL REALTY
List Price
$294,900
Sold Price
$291,500
Premium/Discount to List
-$3,400
-1.15%
Current Estimated Value
$469,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,151
Avg. Annual Appreciation
12.56%
Original Mortgage
$279,812
Outstanding Balance
$255,208
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$214,443

Purchase Details

Closed on
Jan 31, 2002
Sold by
Cruz Antonio
Bought by
Alfonzo Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,200
Interest Rate
6.85%

Purchase Details

Closed on
Jul 27, 1988
Sold by
Costa Anthony M
Bought by
Cruz Antonio
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
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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
Quinche Jorge L Penafiel $291,500 Counsellors Title Agency Inc
Alfonzo Manuel $76,000 --
Cruz Antonio $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quinche Jorge L Penafiel $279,812
Previous Owner Alfonzo Manuel $36,200
Previous Owner Alfonzo Manuel $72,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2021 07/21/21 Sold $291,500 +10.9% --
06/14/2021 06/14/21 Pending -- -- --
04/09/2021 04/09/21 Price Changed $262,900 -10.9% --
02/21/2021 02/21/21 For Sale $294,900 -- --
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 $4,884 $131,000 $20,000 $111,000
2024 $4,884 $131,000 $20,000 $111,000
2022 $4,894 $131,000 $20,000 $111,000
2021 $4,126 $110,500 $20,000 $90,500
2020 $4,199 $110,500 $20,000 $90,500
2019 $4,156 $110,500 $20,000 $90,500
2018 $4,081 $110,500 $20,000 $90,500
2017 $3,934 $110,500 $20,000 $90,500
2016 $3,801 $110,500 $20,000 $90,500
2015 $3,656 $110,500 $20,000 $90,500
2014 $3,427 $110,500 $20,000 $90,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    BETSY RODRIGUEZ

    LIFESTYLE INTERNATIONAL REALTY

  • Alina Santana

    Buyer Co-Listing Agent in 2021

    Alina Santana

    COLDWELL BANKER REALTY FLE

    (201) 232-6145

    1 in this area

    19 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3693307

Garden State MLS

APN: 14-00488-0000-00051

New Jersey Essex County Newark 07104 Seventh Avenue

59 Cutler St, Newark, NJ

This home is located at 59 Cutler St, Newark, NJ 07104 since 21 February 2021 and is currently estimated at $469,651. This property was built in 1890. 59 Cutler St is a home located in Essex County with nearby schools including Franklin School, Rafael Hernandez School, and Dr. William H. Horton Elementary School.

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