NOT LISTED FOR SALE

751 Mount Prospect Ave Unit 755 Newark, NJ 07104

North Broadway Neighborhood

Estimated Value: $555,000 - $840,000

4 Beds
4 Baths
-- Sq Ft
8,303 Sq Ft Lot

Last Sold December 17, 2021

Last sale price $540,000

Est. 35% increase in value since last sale

Current estimated payment $4,826/month

19 Days on Market

About This Home

As of December 2021

WELCOME TO THIS RARE OPPORTUNITY!!!! This beautiful two-family has everything you are looking for and is sitting on one of the large lots in Forest Hill with five-car garages. Located in the sought-after historic district of the Forest Hill section of Newark, just a few blocks from Branch Brook Park "The Ballantine Gates" Cherry Blossom Center, Branch Brook Park Light Rail Station with "EASY NYC COMMUTE, First-floor three-room Apartment, Second floor six rooms connect with attic finished basement, Driveway with extra parking in the rear Great for someone looking for an Extra large lot with garages

Last Agent to Sell the Property

Augusto Verissimo

Weichert Home City Realty Listed on: 10/20/2021

Weichert Home City Realty

Last Buyer's Agent

Claudia Forster

Century 21 Semiao & Associates/Kearny

Century 21 Semiao & Associates/Kearny

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,333

Lot Details

  • 8,303

Parking

  • 5 Car Garage

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 8,303 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00008 / 00778

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,333

Lot Details

0

Parking

5

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (973) 741-3000
  • MLS Status: Sold - Sold
  • Directions: From Grafton Ave to Mt Prospect
  • Architectural Style: 2 Family
  • Year Built Details: 1980's,Build Prior to 1978
  • PropertySubTypeAdditional: Mixedflr
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 5.0

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 8303.0

Tax Info

  • Tax Annual Amount: 7333.0
  • Tax Block: 00778
  • Tax Lot: 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Dec 14, 2021
Sold by
Noel Cermeno Arnulfo and Noel Rosa
Bought by
Ruiz Jennifer
Seller's Agent
Augusto Verissimo
Weichert Home City Realty
Buyer's Agent
Claudia Forster
Century 21 Semiao & Associates/Kearny
List Price
$549,900
Sold Price
$540,000
Premium/Discount to List
-$9,900
-1.8%
Current Estimated Value
$731,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,455
Avg. Annual Appreciation
7.65%
Original Mortgage
$530,219
Interest Rate
3.05%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 2002
Sold by
Alfonso Juan
Bought by
Cermeno Arnulfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,850
Interest Rate
6.03%

Purchase Details

Closed on
Nov 27, 1996
Sold by
Corporale Frank
Bought by
Gonzalez Marilyn and Oliveras Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Ruiz Jennifer $540,000 Trident Abstract Title
Cermeno Arnulfo $183,000 --
Gonzalez Marilyn $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Jennifer $530,219
Closed Ruiz Jennifer $22,138
Closed Ruiz Jennifer $24,325
Closed Ruiz Jennifer $530,219
Previous Owner Cermeno Arnulfo Noel $285,000
Previous Owner Cermeno Arnulfo $173,850
Previous Owner Gonzalez Marilyn $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $540,000 -1.8% --
11/08/2021 11/08/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $549,900 -- --
Source: New Jersey 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 $10,095 $277,900 $30,400 $247,500
2024 $10,095 $277,900 $30,400 $247,500
2022 $7,285 $195,000 $30,400 $164,600
2021 $7,281 $195,000 $30,400 $164,600
2020 $7,410 $195,000 $30,400 $164,600
2019 $7,334 $195,000 $30,400 $164,600
2018 $7,201 $195,000 $30,400 $164,600
2017 $6,942 $195,000 $30,400 $164,600
2016 $6,708 $195,000 $30,400 $164,600
2015 $5,675 $171,500 $30,400 $141,100
2014 $5,318 $171,500 $30,400 $141,100
Source: Public Records

Agents Affiliated with this Home

  • Augusto Verissimo

    Seller's Agent in 2021

    Augusto Verissimo

    Weichert Home City Realty

    (973) 420-5317

    11 in this area

    207 Total Sales

    Section Image

  • C

    Buyer's Agent in 2021

    Claudia Forster

    Century 21 Semiao & Associates/Kearny

    (201) 618-1775

    2 in this area

    15 Total Sales

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Map

Source: New Jersey MLS

MLS Number: 21042280

New Jersey MLS

APN: 14-00778-0000-00008

New Jersey Essex County Newark 07104 North Broadway

751 Mount Prospect Ave Unit 755, Newark, NJ

This home is located at 751 Mount Prospect Ave Unit 755, Newark, NJ 07104 since 20 October 2021 and is currently estimated at $708,378. 751 Mount Prospect Ave Unit 755 is a home located in Essex County with nearby schools including Elliott Street Elementary School, Ridge Street Elementary School, and Rafael Hernandez School.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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