NOT LISTED FOR SALE

Estimated Value: $554,000 - $719,000

-- Bed
-- Bath
2,006 Sq Ft
$301/Sq Ft Est. Value

Last Sold February 17, 2021

Last sale price $400,000 $199 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,313/month

138 Days on Market

About This Home

As of February 2021

This home is located at 76 Mount Prospect Ave, Newark, NJ 07104 since 17 September 2020 and is currently estimated at $603,568, approximately $300 per square foot. This property was built in 1887. 76 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

Fernanda Silva

NEW AND MODERN GROUP Brokerage Phone: 973-921-1111 Listed on: 09/17/2020

Co-Listed By

Kerlly Bochicchio

SIGNATURE REALTY NJ Brokerage Phone: 973-921-1111

Last Buyer's Agent

Samuel Haber

EXP REALTY, LLC

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,604

Year Built

  • Built in 1887

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,604

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Year Built: 1887
  • County Name: Essex
  • Street Number Display: 76
  • I D: 5017558
  • Modified: 2022-02-18
  • Number Images: 12
  • Attribution Contact: 973-921-1111
  • 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
Sep 17, 2020
Closed on
Feb 16, 2021
Sold by
143 Seymore G Llc
Bought by
Hooks Russell
Seller's Agent
Fernanda Silva
NEW AND MODERN GROUP
Buyer's Agent
Samuel Haber
EXP REALTY, LLC
List Price
$429,900
Sold Price
$400,000
Premium/Discount to List
-$29,900
-6.96%
Current Estimated Value
$603,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,568
Avg. Annual Appreciation
9.51%
Original Mortgage
$392,220
Outstanding Balance
$352,395
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$251,173

Purchase Details

Closed on
Jul 3, 2020
Sold by
Kina Development Llc
Bought by
143 Seymore G Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
3.1%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 18, 2020
Sold by
U S Bank Trust Na
Bought by
Kina Development Llc

Purchase Details

Closed on
Mar 31, 2011
Sold by
Gomes Pedro
Bought by
Rodriguez Julio Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,701
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 7, 2010
Sold by
John Galt Enterprises Llc
Bought by
Gomes Pedro

Purchase Details

Closed on
May 27, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
John Galt Enterprises Llc

Purchase Details

Closed on
Dec 4, 2008
Sold by
Morrobel Jose and Morrobel Breto
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 22, 2005
Sold by
Tejada Antonia
Bought by
Morrobel Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,750
Interest Rate
8.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 18, 1998
Sold by
Almanzar Alberto
Bought by
Tejada Rafael

Purchase Details

Closed on
Sep 9, 1997
Sold by
Harbourton Mortgage
Bought by
Almanzar Alberto

Purchase Details

Closed on
Dec 27, 1989
Sold by
Arce Hector and Arce Barbara
Bought by
Arce Hector

Purchase Details

Closed on
Sep 14, 1989
Sold by
Drocz Katherine and Drocz Edmund
Bought by
Arce Hector and Arce Barbara
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
Hooks Russell $400,000 Guardian Title Services Llc
143 Seymore G Llc $210,800 Investors First Title Agency
Kina Development Llc $205,800 Investors First Title Agency
Rodriguez Julio Angel $209,000 1St Rate Title & Settlement
Gomes Pedro $37,500 Multiple
John Galt Enterprises Llc $19,601 1St Rate Title & Settlement
Deutsche Bank National Trust Company -- None Available
Morrobel Jose $362,000 --
Tejada Rafael $3,012,200 --
Almanzar Alberto $40,000 --
Arce Hector -- --
Arce Hector $115,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hooks Russell $48,648
Open Hooks Russell $392,220
Previous Owner 143 Seymore G Llc $227,500
Previous Owner Rodriguez Julio Angel $203,701
Previous Owner Morrobel Jose $284,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $400,000 -2.4% $199 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
10/23/2020 10/23/20 Price Changed $409,900 -4.7% $204 / Sq Ft
10/19/2020 10/19/20 For Sale $429,900 0.0% $214 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $429,900 -- $214 / 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 $12,604 $338,100 $21,300 $316,800
2024 $12,604 $338,100 $21,300 $316,800
2022 $12,631 $338,100 $21,300 $316,800
2021 $12,625 $338,100 $21,300 $316,800
2020 $5,179 $136,300 $21,300 $115,000
2019 $5,126 $136,300 $21,300 $115,000
2018 $5,787 $156,700 $21,300 $135,400
2017 $5,579 $156,700 $21,300 $135,400
2016 $5,390 $156,700 $21,300 $135,400
2015 $5,185 $156,700 $21,300 $135,400
2014 $4,859 $156,700 $21,300 $135,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3665067

Garden State MLS

APN: 14-00491-0000-00032