NOT LISTED FOR SALE

72 Sherman Ave Newark, NJ 07114

South Broad Valley Neighborhood

Estimated Value: $710,000 - $751,000

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

Last Sold March 22, 2021

Last sale price $445,000

Est. 65% increase in value since last sale

Current estimated payment $4,761/month

31 Days on Market

About This Home

As of March 2021

This home is located at 72 Sherman Ave, Newark, NJ 07114 since 04 December 2020 and is currently estimated at $734,550. This property was built in 2004. 72 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

TARA L. HARRIS

VOX REALTY Brokerage Phone: 908-851-2121 Listed on: 12/04/2020

Last Buyer's Agent

LIDIA MANCANO

WEICHERT REALTORS - HOME CITY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,477

Year Built

  • Built in 2004

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,477

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Year Built: 2004
  • County Name: Essex
  • Street Number Display: 72
  • I D: 5036266
  • Modified: 2022-03-23
  • Number Images: 1
  • Attribution Contact: 908-851-2121
  • 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
Dec 4, 2020
Closed on
Mar 22, 2021
Sold by
Valenzuela Brunson Zully
Bought by
Gomes Joao H Leao
Seller's Agent
TARA L. HARRIS
VOX REALTY
Buyer's Agent
LIDIA MANCANO
WEICHERT REALTORS - HOME CITY
List Price
$445,000
Sold Price
$445,000
Current Estimated Value
$734,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,550
Avg. Annual Appreciation
11.60%
Original Mortgage
$430,148
Outstanding Balance
$387,974
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$338,942

Purchase Details

Listed on
Jul 19, 2012
Closed on
Jul 19, 2012
Sold by
Eminent Properties L
Bought by
Valenzuela Brunson Zully
Seller's Agent
WELLINGTON OLIVEIRA
EXP REALTY, LLC
Buyer's Agent
WELLINGTON OLIVEIRA
EXP REALTY, LLC
Sold Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%

Purchase Details

Closed on
Sep 30, 2011
Sold by
Vieira Jany and Vieira Leunir B
Bought by
Eminent Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2005
Sold by
Orellana Miguel
Bought by
Vieria Jany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.34%

Purchase Details

Closed on
Jun 26, 2003
Sold by
Vagueiro Luis
Bought by
Orellana Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,525
Interest Rate
5.46%
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
Gomes Joao H Leao $445,000 Westcor Land Title Ins Co
Valenzuela Brunson Zully $320,000 --
Eminent Properties Llc $160,000 1St Rate Title & Settlement
Vieria Jany $490,000 --
Orellana Miguel $389,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomes Joao Henrique Lea $133,990
Open Gomes Joao H Leao $430,148
Previous Owner Valenzuela Brunson Zully $47,423
Previous Owner Eminent Properties Llc $130,000
Previous Owner Vieira Jany $464,000
Previous Owner Vieira Jany $44,000
Previous Owner Vieria Jany $392,000
Previous Owner Orellana Miguel $354,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $445,000 0.0% --
01/04/2021 01/04/21 Pending -- -- --
12/04/2020 12/04/20 For Sale $445,000 +39.1% --
07/19/2012 07/19/12 Sold $320,000 -- --
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 $9,477 $254,200 $45,100 $209,100
2024 $9,477 $254,200 $45,100 $209,100
2023 $9,497 $254,200 $45,100 $209,100
2022 $9,497 $254,200 $45,100 $209,100
2021 $9,118 $244,200 $45,100 $199,100
2020 $9,280 $244,200 $45,100 $199,100
2019 $9,184 $244,200 $45,100 $199,100
2018 $9,018 $244,200 $45,100 $199,100
2017 $8,694 $244,200 $45,100 $199,100
2016 $8,400 $244,200 $45,100 $199,100
2015 $8,081 $244,200 $45,100 $199,100
2014 $7,573 $244,200 $45,100 $199,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    TARA L. HARRIS

    VOX REALTY

  • L

    Buyer's Agent in 2021

    LIDIA MANCANO

    WEICHERT REALTORS - HOME CITY

  • W

    Seller's Agent in 2012

    WELLINGTON OLIVEIRA

    EXP REALTY, LLC

    (908) 456-0537

    45 Total Sales

    WELLINGTON OLIVEIRA
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Map

Source: Garden State MLS

MLS Number: 3682047

Garden State MLS

APN: 14-02809-0000-00006

New Jersey Essex County Newark 07114 South Broad Valley

72 Sherman Ave, Newark, NJ

This home is located at 72 Sherman Ave, Newark, NJ 07114 since 04 December 2020 and is currently estimated at $734,550. This property was built in 2004. 72 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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