NOT LISTED FOR SALE

62 Mapes Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $493,000 - $819,000

-- Bed
-- Bath
3,314 Sq Ft
$196/Sq Ft Est. Value

Last Sold August 19, 2016

Last sale price $55,000 $17 Per Sq Ft

Est. 1,082% increase in value since last sale

Current estimated payment $4,463/month

5 Days on Market

About This Home

As of August 2016

This home is located at 62 Mapes Ave, Newark, NJ 07112 since 23 April 2016 and is currently estimated at $650,341, approximately $196 per square foot. This property was built in 1915. 62 Mapes Ave is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,946

Year Built

  • Built in 1915

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,946

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Year Built: 1915
  • County Name: Essex
  • Street Number Display: 62
  • I D: 4619602
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 908-603-6242
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 35X100
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2021
Sold by
Benjamin Spitzer
Bought by
Shefa Mapes Llc
Total Days on Market
5
Current Estimated Value
$650,341

Purchase Details

Closed on
Jul 12, 2021
Sold by
Shefa Mapes Llc
Bought by
Spitzer Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2020
Sold by
Manasse Joy
Bought by
Shafa Mapes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2015
Sold by
Fontoura Armando B
Bought by
Champion Mortgage Co and Odom Helen R

Purchase Details

Closed on
Aug 6, 2009
Sold by
Odom Cedric and Odom Helen R
Bought by
Odom Helen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
5.36%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

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Range of Values:

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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
Shefa Mapes Llc -- Universal Title
Spitzer Benjamin $450,000 Universal Title Llc
Shafa Mapes Llc $230,000 Universal Title Llc
Champion Mortgage Co $233,155 None Available
Odom Helen R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spitzer Benjamin $360,000
Previous Owner Shafa Mapes Llc $266,000
Previous Owner Odom Helen R $292,500
Closed Champion Mortgage Co --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2016 08/19/16 Sold $55,000 0.0% $17 / Sq Ft
04/28/2016 04/28/16 Pending -- -- --
04/23/2016 04/23/16 For Sale $55,000 -- $17 / Sq Ft
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 $9,946 $266,800 $18,800 $248,000
2023 $9,968 $266,800 $18,800 $248,000
2022 $9,968 $266,800 $18,800 $248,000
2021 $6,288 $168,400 $18,800 $149,600
2020 $6,399 $168,400 $18,800 $149,600
2019 $6,334 $168,400 $18,800 $149,600
2018 $6,219 $168,400 $18,800 $149,600
2017 $5,995 $168,400 $18,800 $149,600
2016 $5,793 $168,400 $18,800 $149,600
2015 $5,572 $168,400 $18,800 $149,600
2014 $5,222 $168,400 $18,800 $149,600
Source: Public Records

Map

Source: Garden State MLS

MLS Number: 3300553

Garden State MLS

APN: 14-03643-0000-00032

New Jersey Essex County Newark 07112 Weequahic

62 Mapes Ave, Newark, NJ

This home is located at 62 Mapes Ave, Newark, NJ 07112 since 23 April 2016 and is currently estimated at $650,341, approximately $196 per square foot. This property was built in 1915. 62 Mapes Ave is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

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