NOT LISTED FOR SALE

70 Sherman Ave Unit 3 Newark, NJ 07114

South Broad Valley Neighborhood

Estimated Value: $633,107 - $792,000

2 Beds
1 Bath
-- Sq Ft
2,483 Sq Ft Lot

About This Home

As of October 2023

Discover a splendidly renovated 2-bed, 1-bath abode, boasting airy rooms, exuding a sense of space. The interior features stylish finishes, an open layout, and abundant natural light. With its roomy bedrooms and thoughtfully designed bathroom, it offers a comfortable haven. The modern kitchen is equipped with top-notch appliances, making cooking a delight. Located in a sought-after neighborhood, this apartment is a dream come true for those seeking a spacious, contemporary living space.

Last Agent to Rent the Property

Ismael Rodriguez

Real Listed on: 08/06/2023

Real

Co-Listed By

Tatiana Galvan

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Last Renter's Agent

Tatiana Galvan

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • 2,483

Home Design

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas

Community Details

Amenities

  • No Laundry Facilities

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: None
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Water
  • Reso Association Amenities: None
  • Reso Pets Allowed: Pets Conditional
  • Co List Office Phone: (866) 201-6210
  • MLS Status: Leased - Leased
  • Directions: 70 Sherman Ave
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Primary Bathroom: No

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Gas
  • Heating: Natural Gas

Lot Info

  • Lot: 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2023
Sold by
Pacdys Property Llc
Bought by
Antonio Elmy
Current Estimated Value
$703,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,219
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2007
Sold by
Rivera Anne
Bought by
Rivera Anne and Rivera Analisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,600
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 1993
Sold by
Morejon Eusebia
Bought by
Rivera Anne

Purchase Details

Closed on
May 3, 1991
Sold by
Morejon Miguel
Bought by
Moreson Eusebia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Antonio Elmy $540,000 Nu World Title
Rivera Anne -- None Available
Rivera Anne $70,000 --
Moreson Eusebia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Antonio Elmy $530,219
Previous Owner Rivera Anne $176,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2023 10/05/23 Rented $1,600 0.0% --
09/27/2023 09/27/23 Price Changed $1,600 -15.8% --
08/25/2023 08/25/23 Price Changed $1,900 -9.5% --
08/06/2023 08/06/23 For Rent $2,100 -- --
Source: New Jersey 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 $6,528 $420,300 $45,100 $375,200
2024 $6,528 $420,300 $45,100 $375,200
2022 $6,542 $175,100 $45,100 $130,000
2021 $6,538 $175,100 $45,100 $130,000
2020 $6,654 $175,100 $45,100 $130,000
2019 $6,586 $175,100 $45,100 $130,000
2018 $6,466 $175,100 $45,100 $130,000
2017 $6,234 $175,100 $45,100 $130,000
2016 $6,023 $175,100 $45,100 $130,000
2015 $5,794 $175,100 $45,100 $130,000
2014 $5,430 $175,100 $45,100 $130,000
Source: Public Records

Agents Affiliated with this Home

  • I

    Landlord's Agent in 2023

    Ismael Rodriguez

    Real

    (973) 955-3215

    24 Total Sales

    Ismael Rodriguez
    Section Image

  • T

    Landlord's Co-Listing Agent in 2023

    Tatiana Galvan

    Real

    (201) 988-0840

    1 in this area

    13 Total Sales

    Tatiana Galvan
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23024388

New Jersey MLS

APN: 14-02809-0000-00007

New Jersey Essex County Newark 07114 South Broad Valley

70 Sherman Ave Unit 3, Newark, NJ

Not Listed for Sale

MultiFamily

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