NOT LISTED FOR SALE

74 Sherman Ave Newark, NJ 07114

South Broad Valley Neighborhood

Estimated Value: $646,000 - $853,000

-- Bed
-- Bath
-- Sq Ft
40 Sq Ft Lot

Last Sold July 25, 2017

Last sale price $119,000

Est. 529% increase in value since last sale

Current estimated payment $4,910/month

135 Days on Market

About This Home

As of July 2017

This home is located at 74 Sherman Ave, Newark, NJ 07114 since 09 May 2016 and is currently estimated at $748,944. This property was built in 2003. 74 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 Listed By

LEONEL LOPES

NEW AND MODERN GROUP Brokerage Phone: 973-856-6900 Listed on: 05/09/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,093

Year Built

  • 2003

Lot Details

  • 40 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,093

Year Built

2003

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 74
  • I D: 4623734
  • Modified: 2018-07-26
  • Number Images: 1
  • Attribution Contact: 973-856-6900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 2003

Lot Info

  • Lot Size: 40.3x25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2017
Sold by
Cura Rafael
Bought by
Cura Rafael and Rezende Ana
Total Days on Market
135
Current Estimated Value
$748,944

Purchase Details

Listed on
May 9, 2016
Closed on
Jul 25, 2017
Sold by
Caracitas Carla D and Lopes Leonel F
Bought by
Cura Rafael
Seller's Agent
LEONEL LOPES
NEW AND MODERN GROUP
Buyer's Agent
LEONEL LOPES
NEW AND MODERN GROUP
List Price
$389,000
Sold Price
$119,000
Premium/Discount to List
-$270,000
-69.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.31%

Purchase Details

Closed on
Jul 22, 2005
Sold by
Demoraes Samara De
Bought by
Caracitas Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,600
Interest Rate
7.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 30, 2003
Sold by
Vagueiro Luis
Bought by
Demoraes Samara De

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,050
Interest Rate
6.05%

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
Cura Rafael -- --
Cura Rafael $119,000 None Available
Caracitas Carla $472,000 --
Demoraes Samara De $399,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caracitas Carla $377,600
Previous Owner Demoraes Samara De $379,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2017 07/25/17 Sold $119,000 -69.4% --
09/21/2016 09/21/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $389,000 -- --
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
2024 $9,093 $243,900 $46,900 $197,000
2022 $9,112 $243,900 $46,900 $197,000
2021 $9,107 $243,900 $46,900 $197,000
2020 $9,268 $243,900 $46,900 $197,000
2019 $9,173 $243,900 $46,900 $197,000
2018 $9,007 $243,900 $46,900 $197,000
2017 $8,683 $243,900 $46,900 $197,000
2016 $8,390 $243,900 $46,900 $197,000
2015 $8,071 $243,900 $46,900 $197,000
2014 $7,563 $243,900 $46,900 $197,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    LEONEL LOPES

    NEW AND MODERN GROUP

See All Agents

Map

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Source: Garden State MLS

MLS Number: 3304890

Garden State MLS

APN: 14-02809-0000-00005

New Jersey Essex County Newark 07114 South Broad Valley

74 Sherman Ave, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 74 Sherman Ave, Newark, NJ 07114 since 09 May 2016 and is currently estimated at $748,944. This property was built in 2003. 74 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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