NOT LISTED FOR SALE

59 Ivy St Unit 63 Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $566,000 - $669,949

-- Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold September 28, 2023

Last sale price $628,000

Est. 3% decrease in value since last sale

Current estimated payment $3,724/month

10 Days on Market

About This Home

As of September 2023

This home is located at 59 Ivy St Unit 63, Newark, NJ 07106 since 07 July 2023 and is currently estimated at $607,487. This property was built in 1960. 59 Ivy St Unit 63 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

TOVIA LICHTMAN

KELLER WILLIAMS MID-TOWN DIRECT Brokerage Phone: 908-585-4111 Listed on: 07/07/2023

KELLER WILLIAMS MID-TOWN DIRECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,264

Year Built

  • Built in 1960

Lot Details

  • 5,227 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,264

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • County Name: Essex
  • Street Number Display: 59
  • I D: 5249786
  • Modified: 2024-09-29
  • Number Images: 1
  • Attribution Contact: 908-585-4111
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 70X75.11
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Sep 13, 2023
Sold by
New Ivy Llc
Bought by
Taylor Johnnie
Seller's Agent
TOVIA LICHTMAN
KELLER WILLIAMS MID-TOWN DIRECT
List Price
$499,000
Sold Price
$628,000
Premium/Discount to List
$129,000
25.85%
Views
61
Current Estimated Value
$607,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,513
Avg. Annual Appreciation
0.15%
Original Mortgage
$616,625
Outstanding Balance
$604,996
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
$24,777

Purchase Details

Closed on
May 9, 2023
Sold by
Renaissance Home Eqity Loan Tr and Hsbc Bank Usa Na
Bought by
New Ivy Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,190
Interest Rate
6.27%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 20, 2022
Sold by
Essex County Sheriff
Bought by
Registered Noteholders Of Renaissance Home Eq and Constance Harding

Purchase Details

Closed on
Mar 17, 1999
Sold by
Federal National Mortgage Association
Bought by
Harding Lloyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,916
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 1989
Sold by
Kaniecki Malgorzata
Bought by
Serge Jean and Serge Laguerre,Gislhaine

Purchase Details

Closed on
Nov 28, 1988
Sold by
Kaniecki Waldemar and Kaniecki Malgorzata
Bought by
Kaniecki Malgorzata
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
Taylor Johnnie $628,000 Champion Title
New Ivy Llc $273,630 None Listed On Document
Registered Noteholders Of Renaissance Home Eq $320,959 Keenan Frank J
Harding Lloyd $119,000 --
Serge Jean $160,000 --
Kaniecki Malgorzata $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Johnnie $616,625
Previous Owner New Ivy Llc $322,190
Previous Owner Harding Lloyd $232,000
Previous Owner Harding Lloyd $118,916
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $628,000 +25.9% --
07/17/2023 07/17/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $499,000 -- --
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 $5,264 $273,600 $25,000 $248,600
2024 $5,264 $273,600 $25,000 $248,600
2022 $5,275 $141,200 $25,000 $116,200
2021 $5,272 $141,200 $25,000 $116,200
2020 $5,366 $141,200 $25,000 $116,200
2019 $5,311 $141,200 $25,000 $116,200
2018 $5,215 $141,200 $25,000 $116,200
2017 $5,027 $141,200 $25,000 $116,200
2016 $4,857 $141,200 $25,000 $116,200
2015 $4,672 $141,200 $25,000 $116,200
2014 $4,379 $141,200 $25,100 $116,100
Source: Public Records

Agents Affiliated with this Home

  • TOVIA LICHTMAN

    Seller's Agent in 2023

    TOVIA LICHTMAN

    KELLER WILLIAMS MID-TOWN DIRECT

    (347) 470-6144

    5 in this area

    272 Total Sales

    TOVIA LICHTMAN
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Map

Source: Garden State MLS

MLS Number: 3869002

Garden State MLS

APN: 14-04097-0000-00077

New Jersey Essex County Newark 07106 Lower Vailsburg

59 Ivy St Unit 63, Newark, NJ

This home is located at 59 Ivy St Unit 63, Newark, NJ 07106 since 07 July 2023 and is currently estimated at $607,487. This property was built in 1960. 59 Ivy St Unit 63 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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