NOT LISTED FOR SALE

75 Tremont Ave Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $400,000 - $505,000

5 Beds
1 Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold April 29, 2019

Last sale price $86,500

Est. 416% increase in value since last sale

Current estimated payment $2,828/month

33 Days on Market

About This Home

As of April 2019

This home is located at 75 Tremont Ave, Newark, NJ 07106 since 14 February 2019 and is currently estimated at $446,124. This property was built in 1915. 75 Tremont Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

Manuel Couto

NENO-ROSA AGENCY Listed on: 02/14/2019

Last Buyer's Agent

Manuel Couto

NENO-ROSA AGENCY Listed on: 02/14/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,324

Year Built

  • Built in 1915

Lot Details

  • 2,614

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Additional Features

  • Eat-In Kitchen
  • Basement Fills Entire Space Under The House
  • 2,614 Sq Ft Lot
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 1614-04220-0000-00016-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,324

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1915
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 75
  • Directions: off maybaum
  • I D: 4871099
  • Modified: 2020-04-30
  • Number Images: 15
  • First Name: MANUEL
  • First Name3: MANUEL
  • Last Name: COUTO
  • Last Name3: COUTO
  • Office Phone: 201.997.7860x116
  • Office Phone3: 201.997.7860x116
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Rooms: 9
  • Bedrooms: 5
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Phone: 201-997-7860

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: On-Street Parking
  • Parking Driveway Description: On-Street Parking

Utilities

  • Fuel Type: Gas-Natural
  • Sewer: Public Available
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 25X100
  • Assessed Improvement Value: 105800
  • Assessed Land Value: 11300
  • Assessment: 117100
  • Lot Identifier: 16
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.06

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4324
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-04220-0000-00016-0000-
  • Tax Rate Amount: 3.693
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2021
Sold by
Cmrb Properties Llc
Bought by
Hcs Property Group Llc
Current Estimated Value
$446,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,834,125
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2020
Sold by
Newark Property Owner 2 Llc
Bought by
Cmrb 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
$4,696,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 14, 2019
Closed on
Apr 29, 2019
Sold by
Fnma
Bought by
Newark Property Owner Llc
Seller's Agent
Manuel Couto
NENO-ROSA AGENCY
Buyer's Agent
Manuel Couto
NENO-ROSA AGENCY
List Price
$85,600
Sold Price
$86,500
Premium/Discount to List
$900
1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.44%

Purchase Details

Closed on
Feb 17, 2018
Sold by
Ferrell Stephen and Ferrell Sharona
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 12, 2006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 1995
Sold by
F G B Realty
Bought by
Ferrell Stephen and Ferrell Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
7.71%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
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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
Hcs Property Group Llc -- Ofori Kwaku D
Cmrb Properties Llc -- Os National Resware
Newark Property Owner Llc $86,500 --
Federal National Mortgage Association -- --
-- -- --
Ferrell Stephen $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hcs Property Group Llc $5,834,125
Previous Owner Cmrb Properties Llc $4,696,000
Previous Owner Ferrell Stephen $83,000
Previous Owner Ferrell Stephen $15,500
Previous Owner Ferrell Stephen $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2019 04/29/19 Sold $86,500 +1.1% --
03/19/2019 03/19/19 Pending -- -- --
02/14/2019 02/14/19 For Sale $85,600 -- --
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 $4,365 $117,100 $11,300 $105,800
2024 $4,365 $117,100 $11,300 $105,800
2022 $4,375 $117,100 $11,300 $105,800
2021 $4,373 $117,100 $11,300 $105,800
2020 $4,450 $117,100 $11,300 $105,800
2019 $4,404 $117,100 $11,300 $105,800
2018 $4,325 $117,100 $11,300 $105,800
2017 $4,169 $117,100 $11,300 $105,800
2016 $4,028 $117,100 $11,300 $105,800
2015 $3,875 $117,100 $11,300 $105,800
2014 $3,631 $117,100 $11,300 $105,800
Source: Public Records

Agents Affiliated with this Home

  • Manuel Couto

    Seller's Agent in 2019

    Manuel Couto

    NENO-ROSA AGENCY

    (908) 490-0534

    2 in this area

    72 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3532316

Garden State MLS

APN: 14-04220-0000-00016

New Jersey Essex County Newark 07106 Lower Vailsburg

75 Tremont Ave, Newark, NJ

This home is located at 75 Tremont Ave, Newark, NJ 07106 since 14 February 2019 and is currently estimated at $446,124. This property was built in 1915. 75 Tremont Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

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