NOT LISTED FOR SALE

661-663 Mount Prospect Ave Newark, NJ 07104

North Broadway Neighborhood

Estimated Value: $705,893

-- Bed
-- Bath
-- Sq Ft
8,276 Sq Ft Lot

About This Home

This home is located at 661-663 Mount Prospect Ave, Newark, NJ 07104 and is currently estimated at $705,893. 661-663 Mount Prospect Ave is a home located in Essex County with nearby schools including Elliott Street Elementary School, Ridge Street Elementary School, and Rafael Hernandez School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2024
Sold by
661 Mount Prospect Avenue Llc
Bought by
661-663 M Prospect Llc
Current Estimated Value
$705,893

Purchase Details

Closed on
Nov 5, 2010
Sold by
661-663 Mt Prospect Avenue Associates Ll
Bought by
661-663 Mt Prospect Ave Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 2005
Sold by
Chaviano Orfilio
Bought by
661 +663 Mt Prospect Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
5.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 14, 2000
Sold by
Independence Community Bank
Bought by
Chaviano Orfilio
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
661-663 M Prospect Llc $650,000 Madison Title
661-663 M Prospect Llc $650,000 Madison Title
661-663 Mt Prospect Ave Corp $500,000 Prestige Title Agency Inc
661 +663 Mt Prospect Llc $425,000 --
Chaviano Orfilio $185,000 --
Chaviano Orfilio $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 661-663 Mt Prospect Ave Corp $550,000
Previous Owner 661 +663 Mt Prospect Llc $318,750
Source: Public Records

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 $11,184 $300,000 $300,000 --
2024 $11,184 $300,000 $300,000 $0
2022 $11,208 $300,000 $300,000 $0
2021 $11,202 $300,000 $300,000 $0
2020 $14,904 $392,200 $225,000 $167,200
2019 $10,343 $275,000 $107,800 $167,200
2018 $10,156 $275,000 $107,800 $167,200
2017 $9,790 $275,000 $107,800 $167,200
2016 $11,228 $326,400 $107,800 $218,600
2015 $10,801 $326,400 $107,800 $218,600
2014 $10,122 $326,400 $107,800 $218,600
Source: Public Records

Map

New Jersey Essex County Newark 07104 North Broadway

661-663 Mount Prospect Ave, Newark, NJ

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