NOT LISTED FOR SALE

74 Mount Prospect Ave Newark, NJ 07104

Seventh Avenue Neighborhood

Estimated Value: $558,000 - $696,000

-- Bed
-- Bath
1,952 Sq Ft
$323/Sq Ft Est. Value

Last Sold February 19, 2018

Last sale price $300,000 $154 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,005/month

78 Days on Market

About This Home

As of February 2018

This home is located at 74 Mount Prospect Ave, Newark, NJ 07104 since 01 November 2017 and is currently estimated at $629,582, approximately $322 per square foot. 74 Mount Prospect Ave is a home located in Essex County with nearby schools including Franklin School, Dr. William H. Horton School, and Rafael Hernandez School.

Last Agent to Sell the Property

Alicia Nunez

ELITE REALTORS OF NEW JERSEY Brokerage Phone: 201-751-5409 Listed on: 11/01/2017

ELITE REALTORS OF NEW JERSEY

Last Buyer's Agent

Alicia Nunez

ELITE REALTORS OF NEW JERSEY Brokerage Phone: 201-751-5409 Listed on: 11/01/2017

ELITE REALTORS OF NEW JERSEY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,214

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,214

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 74
  • I D: 4757775
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 201-751-5409
  • 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
Oct 30, 2015
Closed on
Nov 19, 2015
Sold by
Alvarez Pablo and Hernandez Carmen Hernandez
Bought by
Rodriguez Gonzalo A
Seller's Agent
Alicia Nunez
ELITE REALTORS OF NEW JERSEY
Buyer's Agent
Alicia Nunez
ELITE REALTORS OF NEW JERSEY
Sold Price
$205,000
Current Estimated Value
$629,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,582
Avg. Annual Appreciation
12.08%
Original Mortgage
$201,286
Interest Rate
3.97%

Purchase Details

Closed on
Mar 25, 2011
Sold by
74 Mt Prospect Nwk Llc
Bought by
Lopez Carmen and Alvarez Pablo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,690
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2010
Sold by
Bukhbinder Yury
Bought by
74 Mt Prospect Nwk Llc

Purchase Details

Closed on
Dec 30, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Bukhbinder Yury

Purchase Details

Closed on
Aug 3, 2009
Sold by
Demarino Matthew
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 31, 2006
Sold by
Jag Mgmt & Realty Corp
Bought by
Demarino Mattew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
10.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Rodriguez Gonzalo A $205,000 --
Lopez Carmen $170,000 All Jersey Title Llc
74 Mt Prospect Nwk Llc -- Fidelity Natl Title Ins Co
Bukhbinder Yury $66,000 Fidelity Natl Title Ins Co
Deutsche Bank National Trust Company -- None Available
Demarino Mattew $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reinoso Julissa $225,000
Closed Rodriguez Gonzalo A $201,286
Closed Rodriguez Gonzalo A --
Previous Owner Lopez Carmen $165,690
Previous Owner Demarino Mattew $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2018 02/19/18 Sold $300,000 -8.8% $154 / Sq Ft
01/18/2018 01/18/18 Pending -- -- --
11/01/2017 11/01/17 For Sale $329,000 +60.5% $169 / Sq Ft
10/30/2015 10/30/15 Sold $205,000 -- $105 / 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 $7,214 $193,500 $20,200 $173,300
2024 $7,214 $193,500 $20,200 $173,300
2022 $7,229 $193,500 $20,200 $173,300
2021 $7,225 $193,500 $20,200 $173,300
2020 $7,353 $193,500 $20,200 $173,300
2019 $7,278 $193,500 $20,200 $173,300
2018 $5,067 $137,200 $20,200 $117,000
2017 $4,884 $137,200 $20,200 $117,000
2016 $4,720 $137,200 $20,200 $117,000
2015 $4,540 $137,200 $20,200 $117,000
2014 $4,255 $137,200 $20,200 $117,000
Source: Public Records

Agents Affiliated with this Home

  • Alicia Nunez

    Seller's Agent in 2018

    Alicia Nunez

    ELITE REALTORS OF NEW JERSEY

    (201) 726-0466

    1 in this area

    15 Total Sales

    Alicia Nunez
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Map

Source: Garden State MLS

MLS Number: 3428563

Garden State MLS

APN: 14-00491-0000-00033

New Jersey Essex County Newark 07104 Seventh Avenue

74 Mount Prospect Ave, Newark, NJ

This home is located at 74 Mount Prospect Ave, Newark, NJ 07104 since 01 November 2017 and is currently estimated at $629,582, approximately $322 per square foot. 74 Mount Prospect Ave is a home located in Essex County with nearby schools including Franklin School, Dr. William H. Horton School, and Rafael Hernandez School.

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