NOT LISTED FOR SALE

72 Speedway Ave Unit 2L Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $803,000 - $879,000

2 Beds
1 Bath
3,812 Sq Ft
$219/Sq Ft Est. Value

About This Home

This home is located at 72 Speedway Ave Unit 2L, Newark, NJ 07106 and is currently estimated at $833,127, approximately $218 per square foot. 72 Speedway Ave Unit 2L is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Mt. Vernon School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2024
Sold by
7276 Speedway Llc
Bought by
Angel Property Inc
Current Estimated Value
$833,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Angel Property Inc $800,000 Abc Title Agency
7276 Speedway Llc -- None Listed On Document
Mirville Enterprise Llc $500,000 New Title Company Name
Robinson Helen Wallace $280,000 --
Grinstead Wayne $192,000 --
Asiatic Born $48,000 --
Cogdell Joseph $150,000 --
Mitchell Horace -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 7276 Speedway Llc $450,000
Previous Owner Mirville Enterprise Llc $416,250
Previous Owner Robinson Helen Wallace $277,805
Previous Owner Grinstead Wayne $182,400
Previous Owner Cogdell Joseph $112,500
Source: Public Records

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 $11,251 $301,800 $28,600 $273,200
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

Map

New Jersey Essex County Newark 07106 Lower Vailsburg

72 Speedway Ave Unit 2L, Newark, NJ

This home is located at 72 Speedway Ave Unit 2L, Newark, NJ 07106 and is currently estimated at $833,127, approximately $218 per square foot. 72 Speedway Ave Unit 2L 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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