N
Seller's Agent in 2023
Nyisha Clark
Weichert Realtors, West Orange
78-80 Grand Ave Newark, NJ 07106
Lower Vailsburg NeighborhoodEstimated Value: $647,000 - $786,000
6
Beds
4
Baths
--
Sq Ft
5,001
Sq Ft Lot
About This Home
As of June 2023Amazing fourplex that has 4 spacious apts. There is a driveway with plenty of parking and fenced in yard for your enjoyment. 4 Family investment property, waiting for your touch. Live in one unit while earning passive income in this well-maintained fourplex. Basement full unfinished. This Four family is owner occupied for many years and it offers a vacant unit on the ground floor, as well, and on the 2nd floor. Near major highways and public transportation. There is a driveway with plenty of parking. Property needs some TLC but it does offer all separate utilities plus a driveway with a three car garage and a full basement. Located just minutes from all major highways to NYC and other towns in NJ. Minutes to both Newark Penn Station and Newark International Airport.
Last Agent to Sell the Property
Nyisha Clark
Weichert Realtors, West Orange Listed on: 09/15/2022
Last Buyer's Agent
Nyisha Clark
Weichert Realtors, West Orange Listed on: 09/15/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,991
Lot Details
- 5,001
Parking
- 3 Car Garage
Home Design
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Additional Features
- Laundry in Basement
- 5,001 Sq Ft Lot
Listing and Financial Details
- Legal Lot and Block 00051 / 04215
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 15, 2022
Closed on
Jun 9, 2023
Sold by
Gilmore Willie T
Bought by
78 Grand Realty Llc
Seller's Agent
Nyisha Clark
Weichert Realtors, West Orange
Buyer's Agent
Nyisha Clark
Weichert Realtors, West Orange
List Price
$520,000
Sold Price
$570,000
Premium/Discount to List
$50,000
9.62%
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,983
Avg. Annual Appreciation
10.80%
Original Mortgage
$543,000
Interest Rate
6.35%
Mortgage Type
Construction
Purchase Details
Closed on
Dec 9, 1992
Sold by
Walker Terence and Walker Valerie
Bought by
Gilmore William T
Purchase Details
Closed on
Jul 21, 1989
Sold by
Johnson Daryl S
Bought by
Walker Terrence
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 78 Grand Realty Llc | $570,000 | None Listed On Document | |
| Gilmore William T | $155,000 | -- | |
| Gilmore Willie | $155,000 | -- | |
| Walker Terrence | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 78 Grand Realty Llc | $693,750 | |
| Closed | 78 Grand Realty Llc | $543,000 | |
| Previous Owner | Gilmore Willie T | $191,532 | |
| Previous Owner | Gilmore Willie T | $210,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2023 06/21/23 | Sold | $570,000 | +9.6% | -- |
| 12/01/2022 12/01/22 | Pending | -- | -- | -- |
| 09/15/2022 09/15/22 | For Sale | $520,000 | -- | -- |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $8,977 | $240,800 | $14,500 | $226,300 |
| 2024 | $8,977 | $240,800 | $14,500 | $226,300 |
| 2022 | $8,996 | $240,800 | $14,500 | $226,300 |
| 2021 | $8,991 | $240,800 | $14,500 | $226,300 |
| 2020 | $9,150 | $240,800 | $14,500 | $226,300 |
| 2019 | $9,056 | $240,800 | $14,500 | $226,300 |
| 2018 | $8,893 | $240,800 | $14,500 | $226,300 |
| 2017 | $8,572 | $240,800 | $14,500 | $226,300 |
| 2016 | $8,284 | $240,800 | $14,500 | $226,300 |
| 2015 | $7,968 | $240,800 | $14,500 | $226,300 |
| 2014 | $7,467 | $240,800 | $14,500 | $226,300 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: New Jersey MLS
MLS Number: 22034190
APN: 14-04215-0000-00051
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
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