Seller's Agent in 2024
Carmen Jimenez
RE/MAX
(201) 919-2878
22 in this area
108 Total Sales
601 Lake St Unit 603 Newark, NJ 07104
Forest Hill NeighborhoodEstimated Value: $520,606 - $614,000
3
Beds
1.5
Baths
--
Sq Ft
5,201
Sq Ft Lot
About This Home
As of April 2024Spacious Colonial located in the Historic Forest Hill with a view to the breathtaking beauty of Branch Brook Park. This home offers a living room, dining room, kitchen, den, 3 bedrooms, 1.5 bathrooms, hardwood floors, partial finished basement recreation room or an office. Easy commute to NYC, walking distance to light rail to Newark Penn Station, public transportation and mayor highway. Home is being sold "As Is" condition, no repair will be made. Stove and microwave oven sold as is condition
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,351
Lot Details
- 5,201 Sq Ft Lot
- Lot Dimensions are 52 x 100
- Rectangular Lot
Parking
- 1 Car Garage
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 00040 / 00687
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 18, 2024
Closed on
Apr 13, 2024
Sold by
Cabezas Elvira and Brown Lourdes E
Bought by
Alvarado Erwin W and Visnay Sonia E
Seller's Agent
Carmen Jimenez
RE/MAX Professionals 1
Buyer's Agent
Marlin Ortez
Century 21 Realty Group
List Price
$469,900
Sold Price
$507,000
Premium/Discount to List
$37,100
7.9%
Views
120
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,652
Avg. Annual Appreciation
6.30%
Original Mortgage
$430,950
Outstanding Balance
$424,338
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$131,314
Purchase Details
Closed on
May 3, 2022
Sold by
Elvira Cabezas Living Trust
Bought by
Cabezas Elvira
Purchase Details
Closed on
Nov 16, 2002
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alvarado Erwin W | $507,000 | Prestige Title | |
| Cabezas Elvira | -- | Gabriele Sandra E | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alvarado Erwin W | $430,950 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/16/2024 04/16/24 | Sold | $507,000 | +7.9% | -- |
| 03/15/2024 03/15/24 | Pending | -- | -- | -- |
| 02/18/2024 02/18/24 | For Sale | $469,900 | -- | -- |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $6,338 | $170,000 | $58,300 | $111,700 |
| 2024 | $6,338 | $170,000 | $58,300 | $111,700 |
| 2022 | $6,351 | $170,000 | $58,300 | $111,700 |
| 2021 | $6,348 | $170,000 | $58,300 | $111,700 |
| 2020 | $6,460 | $170,000 | $58,300 | $111,700 |
| 2019 | $6,394 | $170,000 | $58,300 | $111,700 |
| 2018 | $6,278 | $170,000 | $58,300 | $111,700 |
| 2017 | $6,052 | $170,000 | $58,300 | $111,700 |
| 2016 | $5,848 | $170,000 | $58,300 | $111,700 |
| 2015 | $5,625 | $170,000 | $58,300 | $111,700 |
| 2014 | $5,272 | $170,000 | $58,300 | $111,700 |
Source: Public Records
Agents Affiliated with this Home
-
Carmen Jimenez
-
Marlin Ortez
Buyer's Agent in 2024
Marlin Ortez
Century 21 Realty Group
(201) 993-6377
1 in this area
80 Total Sales
Map
Source: New Jersey MLS
MLS Number: 24004881
APN: 14-00687-0000-00040
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
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