NOT LISTED FOR SALE

72 Fabyan Place Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $505,000 - $703,000

-- Bed
-- Bath
2,152 Sq Ft
$284/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $350,000 $163 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,991/month

39 Days on Market

About This Home

As of January 2022

This home is located at 72 Fabyan Place, Newark, NJ 07108 since 08 July 2021 and is currently estimated at $611,223, approximately $284 per square foot. 72 Fabyan Place is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

Last Agent to Sell the Property

VAUGHN A. SMITH

Brokerage Phone: 973-913-5055 Listed on: 07/08/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,996

Lot Details

  • 1,742 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,996

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 72
  • I D: 5086901
  • Modified: 2023-01-25
  • Number Images: 1
  • Attribution Contact: 973-913-5055
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X67.11 AVG.
  • Total Acres: 0.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Jan 13, 2022
Sold by
Couz Restoration Llc
Bought by
Clarke Ovan Christopher
Seller's Agent
VAUGHN A. SMITH
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$611,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,223
Avg. Annual Appreciation
16.31%
Original Mortgage
$343,660
Outstanding Balance
$319,114
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$292,109

Purchase Details

Closed on
Dec 17, 2017
Sold by
Milestone Redevelopment
Bought by
Couz Restoration Llc

Purchase Details

Listed on
Jan 11, 2016
Closed on
Jun 14, 2016
Sold by
Emanuel Martin
Bought by
Milestone Redevelopment Llc
Seller's Agent
joseph burgos
BURGOS REALTY COMPANY
Buyer's Agent
joseph burgos
BURGOS REALTY COMPANY
List Price
$80,000
Sold Price
$65,000
Premium/Discount to List
-$15,000
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.58%

Purchase Details

Closed on
Aug 7, 2009
Sold by
The Westinghouse Redevelopment Act Inc
Bought by
Emanuel Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,358
Interest Rate
5.36%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 2009
Sold by
Federal National Mortgage Association
Bought by
The Westinghouse Redevelopment Act

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
18%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 4, 2007
Sold by
Bey Khayyam and Mckinnie Tisha
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 14, 2005
Sold by
Boulware Anthony
Bought by
Bey Khayyam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 19, 2003
Sold by
Cooley Sharon Lynn Raines
Bought by
Boulware Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.09%
Source: Public Records

Range of Values:

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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
Clarke Ovan Christopher $350,000 Poss Gerald
Couz Restoration Llc -- --
Milestone Redevelopment Llc $65,000 Fortune Title Agency Inc
Emanuel Martin $438,000 None Available
The Westinghouse Redevelopment Act $48,500 First American Title Ins Co
Federal National Mortgage Association -- None Available
Bey Khayyam $290,000 --
Boulware Anthony $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clarke Ovan Christopher $343,660
Previous Owner Emanuel Martin $374,358
Previous Owner Bey Khayyam $261,000
Previous Owner Boulware Anthony $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Sold $350,000 0.0% $163 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $350,000 +438.5% $163 / Sq Ft
07/21/2016 07/21/16 Sold $65,000 -18.8% $30 / Sq Ft
01/30/2016 01/30/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $80,000 -- $37 / Sq Ft
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 $8,996 $241,300 $16,600 $224,700
2024 $8,996 $241,300 $16,600 $224,700
2022 $4,648 $124,400 $16,800 $107,600
2021 $4,645 $124,400 $16,800 $107,600
2020 $4,727 $124,400 $16,800 $107,600
2019 $4,679 $124,400 $16,800 $107,600
2018 $4,594 $124,400 $16,800 $107,600
2017 $4,429 $124,400 $16,800 $107,600
2016 $4,279 $124,400 $16,800 $107,600
2015 $4,116 $124,400 $16,800 $107,600
2014 $3,858 $124,400 $16,800 $107,600
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2022

    VAUGHN A. SMITH

  • j

    Seller's Agent in 2016

    joseph burgos

    BURGOS REALTY COMPANY

    (973) 692-8607

    2 in this area

    32 Total Sales

    joseph burgos
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3726020

Garden State MLS

APN: 14-03075-0000-00004

New Jersey Essex County Newark 07108 Clinton Hill

72 Fabyan Place, Newark, NJ

This home is located at 72 Fabyan Place, Newark, NJ 07108 since 08 July 2021 and is currently estimated at $611,223, approximately $284 per square foot. 72 Fabyan Place is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

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