NOT LISTED FOR SALE

62 Arlington Ave Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $577,000 - $691,000

-- Bed
-- Bath
-- Sq Ft
27 Sq Ft Lot

Last Sold February 27, 2017

Last sale price $165,000

Est. 288% increase in value since last sale

Current estimated payment $4,174/month

About This Home

As of February 2017

This home is located at 62 Arlington Ave, Newark, NJ 07104 since 25 October 2016 and is currently estimated at $640,089. This property was built in 1920. 62 Arlington Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Elliott Street Elementary School, and Ridge Street Elementary School.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,652

Year Built

  • Built in 1920

Lot Details

  • 27 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,652

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Essex
  • I D: 4667007
  • Attribution Contact: 888-501-6953
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 27.8X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2016
Closed on
Feb 27, 2017
Sold by
Villegas Jorge
Bought by
Cosme Miguel
List Price
$110,000
Sold Price
$165,000
Premium/Discount to List
$55,000
50%
Current Estimated Value
$640,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,089
Avg. Annual Appreciation
16.74%
Original Mortgage
$177,500
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2007
Sold by
Villegas Jorge and Villegas Martin
Bought by
Villegas Jorge

Purchase Details

Closed on
Dec 27, 2005
Sold by
Ruiz Johnny
Bought by
Villegas Jorge and Villegas Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 1999
Sold by
Velez Luis
Bought by
Ruiz Johnny and Ruiz Libia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,857
Interest Rate
7.85%
Mortgage Type
FHA
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
Cosme Miguel $165,000 None Available
Villegas Jorge -- None Available
Villegas Jorge $375,000 --
Ruiz Johnny $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cosme Miguel $177,500
Previous Owner Villegas Jorge $300,000
Previous Owner Ruiz Johnny $129,857
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2017 02/27/17 Sold $165,000 +50.0% --
10/25/2016 10/25/16 Pending -- -- --
10/25/2016 10/25/16 For Sale $110,000 -- --
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 $9,652 $258,900 $22,500 $236,400
2024 $9,652 $258,900 $22,500 $236,400
2022 $9,673 $258,900 $22,500 $236,400
2021 $9,667 $258,900 $22,500 $236,400
2020 $9,838 $258,900 $22,500 $236,400
2019 $6,431 $171,000 $22,500 $148,500
2018 $6,315 $171,000 $22,500 $148,500
2017 $6,088 $171,000 $22,500 $148,500
2016 $5,882 $171,000 $22,500 $148,500
2015 $5,658 $171,000 $22,500 $148,500
2014 $5,303 $171,000 $22,500 $148,500
Source: Public Records

Map

Source: Garden State MLS

MLS Number: 3344997

Garden State MLS

APN: 14-00626-01-00026

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

62 Arlington Ave, Newark, NJ

Not Listed for Sale

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