$800,000
SOLD DEC 9, 2024

72-76 Speedway Ave Newark, NJ 07106

Lower Vailsburg Neighborhood
-- Bed
-- Bath
-- Sq Ft
73 Sq Ft Lot

Recently Sold

2% Below List Price

46 Days on Market

About This Home

As of December 2024

This home is located at 72-76 Speedway Ave, Newark, NJ 07106 and is currently priced at $800,000. 72-76 Speedway Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Mt. Vernon School.

Last Agent to Sell the Property

Jean H. Delva

ARC REAL ESTATE Brokerage Phone: 609-731-4265 Listed on: 10/24/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,251

Lot Details

  • 73 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,251

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 72-76
  • I D: 5319516
  • Modified: 2025-01-27
  • Number Images: 0
  • Attribution Contact: 609-731-4265
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 73.9X100
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Dec 10, 2024
Sold by
7276 Speedway Llc
Bought by
Angel Property Inc
Seller's Agent
Jean H. Delva
ARC REAL ESTATE
List Price
$820,000
Sold Price
$800,000
Premium/Discount to List
-$20,000
-2.44%
Views
33
Current Estimated Value
$796,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,710
Avg. Annual Appreciation
-0.76%
Original Mortgage
$525,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2023
Sold by
Mirville Enterprise Llc
Bought by
7276 Speedway Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2021
Sold by
Robinson Raphael L and Wallace Robinson Helen
Bought by
Mirville Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 17, 2003
Sold by
Grisntead Wayne
Bought by
Robinson Helen Wallace and Robinson Raphael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,805
Interest Rate
6.43%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2001
Sold by
Asiatic Born
Bought by
Grinstead Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
7.06%

Purchase Details

Closed on
Jun 20, 2001
Sold by
Relocation Tiger
Bought by
Asiatic Born

Purchase Details

Closed on
Jan 21, 1999
Sold by
Williams Kevin
Bought by
Cogdell Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.78%

Purchase Details

Closed on
Nov 19, 1991
Sold by
Newark City Of
Bought by
Mitchell Horace and Mitchell Thomas
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 Type Sale Price Title Company
Deed $800,000 Abc Title Agency
Deed -- None Listed On Document
Bargain Sale Deed $500,000 Nu World Title Llc
Deed $280,000 --
Deed $192,000 --
Deed $48,000 --
Deed $150,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $525,000 New Conventional
Previous Owner $450,000 New Conventional
Previous Owner $416,250 Construction
Previous Owner $416,250 Construction
Previous Owner $277,805 FHA
Previous Owner $182,400 No Value Available
Previous Owner $112,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Sold $800,000 -2.4% --
10/24/2024 10/24/24 For Sale $820,000 -- --
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
2024 $11,251 $301,800 $28,600 $273,200
2023 $8,402 $301,800 $28,600 $273,200
2022 $8,402 $224,900 $28,600 $196,300
2021 $8,398 $224,900 $28,600 $196,300
2020 $8,546 $224,900 $28,600 $196,300
2019 $8,458 $224,900 $28,600 $196,300
2018 $8,306 $224,900 $28,600 $196,300
2017 $8,006 $224,900 $28,600 $196,300
2016 $7,737 $224,900 $28,600 $196,300
2015 $7,442 $224,900 $28,600 $196,300
2014 $6,974 $224,900 $28,600 $196,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jean H. Delva

    ARC REAL ESTATE

    (212) 757-8268

    1 in this area

    1 Total Sale

    Jean H. Delva
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Map

Source: Garden State MLS

MLS Number: 3931073

Garden State MLS

APN: 14-04006-0000-00009

New Jersey Essex County Newark 07106 Lower Vailsburg

72-76 Speedway Ave, Newark, NJ

This home is located at 72-76 Speedway Ave, Newark, NJ 07106 and is currently priced at $800,000. 72-76 Speedway Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Mt. Vernon School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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