NOT LISTED FOR SALE

720 Bergen St Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $931,089

-- Bed
5 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold November 22, 2021

Last sale price $635,000

Est. 47% increase in value since last sale

Current estimated payment $4,883/month

101 Days on Market

About This Home

As of November 2021

This home is located at 720 Bergen St, Newark, NJ 07108 since 10 May 2021 and is currently estimated at $931,089. 720 Bergen St is a home located in Essex County with nearby schools including Belmont Runyon School, Peshine Avenue Elementary School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

Otis Johnson

ROSA AGENCY Brokerage Phone: 973-751-1000 Listed on: 05/10/2021

Last Buyer's Agent

MAUREEN DEVORE ROSA

ROSA AGENCY

Property Details

Home Type

  • Multi-Family

Lot Details

  • 5,227 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 720
  • I D: 4986537
  • Modified: 2022-11-23
  • Number Images: 1
  • Attribution Contact: 973-751-1000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Nov 19, 2021
Sold by
Lilac Development Group Llc
Bought by
Redacted Upon Request
Seller's Agent
Otis Johnson
ROSA AGENCY
Buyer's Agent
MAUREEN DEVORE ROSA
ROSA AGENCY
List Price
$625,000
Sold Price
$635,000
Premium/Discount to List
$10,000
1.6%
Current Estimated Value
$931,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,089
Avg. Annual Appreciation
10.23%
Original Mortgage
$476,250
Outstanding Balance
$437,303
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$493,786

Purchase Details

Closed on
Jun 29, 2017
Sold by
Newark City Of
Bought by
Build Newark Llp
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
Redacted Upon Request $635,000 Chicago Title
Build Newark Llp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redacted Upon Request $476,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $635,000 0.0% --
08/19/2021 08/19/21 Pending -- -- --
05/14/2021 05/14/21 Price Changed $635,000 +1.6% --
05/14/2021 05/14/21 For Sale $625,000 0.0% --
05/10/2021 05/10/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $625,000 -- --
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 -- $347,600 $21,400 $326,200
2024 -- $347,600 $21,400 $326,200
2023 $0 $347,600 $21,400 $326,200
2022 $799 $347,600 $21,400 $326,200
2021 $799 $21,400 $21,400 $0
2020 $813 $21,400 $21,400 $0
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2021

    Otis Johnson

    ROSA AGENCY

    (973) 632-0215

    8 in this area

    17 Total Sales

    Otis Johnson
    Section Image

  • M

    Buyer's Agent in 2021

    MAUREEN DEVORE ROSA

    ROSA AGENCY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3711028

Garden State MLS

APN: 14-02707-0000-00054-02

New Jersey Essex County Newark 07108 Clinton Hill

720 Bergen St, Newark, NJ

This home is located at 720 Bergen St, Newark, NJ 07108 since 10 May 2021 and is currently estimated at $931,089. 720 Bergen St is a home located in Essex County with nearby schools including Belmont Runyon School, Peshine Avenue Elementary School, and Hawthorne Avenue Elementary School.

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