NOT LISTED FOR SALE

70 Sherman Ave Newark, NJ 07114

South Broad Valley Neighborhood

Estimated Value: $622,000 - $725,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold June 30, 2023

Last sale price $540,000

Est. 26% increase in value since last sale

Current estimated payment $4,293/month

19 Days on Market

About This Home

As of June 2023

This home is located at 70 Sherman Ave, Newark, NJ 07114 since 21 April 2023 and is currently estimated at $673,271. 70 Sherman Ave is a home located in Essex County with nearby schools including Louise A. Spencer School, Belmont Runyon School, and Peshine Avenue Elementary School.

Last Agent to Sell the Property

Aneta Dys

JERSEY REAL ESTATE & MANAGEMENT Brokerage Phone: 973-558-5473 Listed on: 04/21/2023

Last Buyer's Agent

Tatiana Galvan

REAL

REAL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,528

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,528

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 70
  • I D: 5213051
  • Modified: 2024-07-01
  • Number Images: 1
  • Attribution Contact: 973-558-5473
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Jun 29, 2023
Sold by
Pacdys Property Llc
Bought by
Antonio Elmy
Seller's Agent
Aneta Dys
JERSEY REAL ESTATE & MANAGEMENT
Buyer's Agent
Tatiana Galvan
REAL
List Price
$489,000
Sold Price
$540,000
Premium/Discount to List
$51,000
10.43%
Views
113
Current Estimated Value
$678,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,743
Avg. Annual Appreciation
9.95%
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:

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
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 Pacdys Property Llc $311,250
Previous Owner Rivera Anne $198,400
Previous Owner Rivera Anne $176,600
Previous Owner Rivera Anne $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $540,000 +10.4% --
05/10/2023 05/10/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $489,000 -- --
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 $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

  • A

    Seller's Agent in 2023

    Aneta Dys

    JERSEY REAL ESTATE & MANAGEMENT

    (973) 222-1403

    1 in this area

    21 Total Sales

    Section Image

  • T

    Buyer's Agent in 2023

    Tatiana Galvan

    REAL

    (201) 988-0840

    1 in this area

    11 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3839597

Garden State MLS

APN: 14-02809-0000-00007

New Jersey Essex County Newark 07114 South Broad Valley

70 Sherman Ave, Newark, NJ

This home is located at 70 Sherman Ave, Newark, NJ 07114 since 21 April 2023 and is currently estimated at $673,271. 70 Sherman Ave is a home located in Essex County with nearby schools including Louise A. Spencer School, Belmont Runyon School, and Peshine Avenue Elementary School.

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