NOT LISTED FOR SALE

7 Wakeman Ave Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $478,000 - $583,000

5 Beds
3 Baths
-- Sq Ft
1,742 Sq Ft Lot

Last Sold June 11, 2024

Last sale price $450,000

Est. 18% increase in value since last sale

Current estimated payment $3,102/month

26 Days on Market

About This Home

As of June 2024

This home is located at 7 Wakeman Ave, Newark, NJ 07104 since 13 March 2024 and is currently estimated at $531,461. This property was built in 1890. 7 Wakeman Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and First Avenue Elementary School.

Last Agent to Sell the Property

ROI VANA

IMPROOV HOMES Brokerage Phone: 973-743-9333 Listed on: 03/13/2024

Co-Listed By

Imbar Meidani

IMPROOV HOMES Brokerage Phone: 973-743-9333

Last Buyer's Agent

ASANTE BALAAM

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,545

Year Built

  • Built in 1890

Lot Details

  • 1,742 Sq Ft Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,545

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Year Built: 1890
  • County Name: Essex
  • Street Number Display: 7
  • I D: 5260875
  • Modified: 2025-06-12
  • Number Images: 1
  • Attribution Contact: 973-743-9333
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 17.7X100
  • Total Acres: 0.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Jun 10, 2024
Sold by
74 Midland Llc
Bought by
Benyi Ernest and Ansah Regina
Seller's Agent
ROI VANA
IMPROOV HOMES
Buyer's Agent
ASANTE BALAAM
EXP REALTY, LLC
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%
Views
151
Current Estimated Value
$531,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,461
Avg. Annual Appreciation
13.88%
Original Mortgage
$370,000
Outstanding Balance
$365,456
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$166,005

Purchase Details

Listed on
May 31, 2022
Closed on
Oct 20, 2022
Sold by
Rodriguez Jose A and Rodriguez Elsa
Bought by
74 Midland Llc
Seller's Agent
Paul Verdicchio
Halo Realty
Buyer's Agent
Outside Agent
Outside Office
List Price
$239,000
Sold Price
$200,000
Premium/Discount to List
-$39,000
-16.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.46%

Purchase Details

Closed on
Feb 20, 2004

Purchase Details

Closed on
Sep 10, 1999
Sold by
Hing Chin
Bought by
Rodriquez Jose and Rodgiquez Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,659
Interest Rate
8.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Benyi Ernest $450,000 None Listed On Document
74 Midland Llc $200,000 1St Rate Title & Settlement Se
-- -- --
Rodriquez Jose $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benyi Ernest $370,000
Previous Owner Rodriquez Jose $62,659
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $450,000 +0.2% --
04/08/2024 04/08/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $449,000 +124.5% --
10/25/2022 10/25/22 Sold $200,000 -10.7% --
10/04/2022 10/04/22 Pending -- -- --
09/02/2022 09/02/22 Price Changed $224,000 -6.3% --
07/13/2022 07/13/22 For Sale $239,000 0.0% --
06/25/2022 06/25/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $239,000 -- --
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 $3,545 $186,400 $23,500 $162,900
2024 $3,545 $95,100 $23,500 $71,600
2022 $3,553 $95,100 $23,500 $71,600
2021 $3,551 $95,100 $23,500 $71,600
2020 $3,614 $95,100 $23,500 $71,600
2019 $3,577 $95,100 $23,500 $71,600
2018 $3,512 $95,100 $23,500 $71,600
2017 $3,386 $95,100 $23,500 $71,600
2016 $3,271 $95,100 $23,500 $71,600
2015 $3,147 $95,100 $23,500 $71,600
2014 $2,949 $95,100 $23,500 $71,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    ROI VANA

    IMPROOV HOMES

  • I

    Seller Co-Listing Agent in 2024

    Imbar Meidani

    IMPROOV HOMES

    (347) 543-7377

    4 in this area

    29 Total Sales

    Imbar Meidani
    Section Image

  • A

    Buyer's Agent in 2024

    ASANTE BALAAM

    EXP REALTY, LLC

  • Paul Verdicchio

    Seller's Agent in 2022

    Paul Verdicchio

    Halo Realty

    (732) 910-4707

    1 in this area

    46 Total Sales

    Paul Verdicchio
    Section Image

  • O

    Buyer's Agent in 2022

    Outside Agent

    Outside Office

See All Agents

Map

Source: Garden State MLS

MLS Number: 3890656

Garden State MLS

APN: 14-00575-0000-00041

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

7 Wakeman Ave, Newark, NJ

This home is located at 7 Wakeman Ave, Newark, NJ 07104 since 13 March 2024 and is currently estimated at $531,461. This property was built in 1890. 7 Wakeman Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and First Avenue Elementary School.

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