NOT LISTED FOR SALE

8 Wakeman Ave Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $422,000 - $554,000

3 Beds
2 Baths
1,580 Sq Ft
$294/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $230,000 $146 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,052/month

33 Days on Market

About This Home

As of March 2020

Welcome home to a recently renovated row house boasting 3 beds 2 baths, central heat/ac, formal dining area, spacious basement with so much potential. All minutes away from the vibrant downtown Newark, public transportation, major highways and NYC!

Last Agent to Sell the Property

IVAN SILVA

VERIFIED HOMES Listed on: 12/04/2019

VERIFIED HOMES

Last Buyer's Agent

JOREL MILLER

THE REAL ESTATE COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,195

Year Built

  • Built in 1882 | Remodeled

Lot Details

  • 1,307

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Walk-Out Basement
  • 1,307 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 1614-00576-0000-00031-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,195

Year Built

Built in 1882 | Remodeled

Lot Details

0

Listing Details

  • Style: Townhouse-Interior
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Single Family
  • Year Built: 1882
  • Year Built Description: Approximate, Renovated
  • County Name: Essex
  • Renovated Year: 2014
  • Street Number Display: 8
  • Directions: 2nd then turn on wakeman
  • I D: 4948572
  • Modified: 2021-09-23
  • Number Images: 19
  • First Name: IVAN
  • First Name3: JOREL
  • Last Name: SILVA
  • Last Name3: MILLER
  • Office Phone3: 908-686-7800
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2014

Interior Features

  • Appliances: Range/Oven-Gas, Dishwasher, Microwave Oven
  • Number Rooms: 8
  • Bedrooms: 3
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially, Walkout
  • Kitchen Area: Separate Dining Area
  • Phone: 908-688-2828

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Flat

Garage/Parking

  • Parking Driveway Description: On-Street Parking

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 17.7X85
  • Assessed Improvement Value: 91500
  • Assessed Land Value: 22100
  • Assessment: 113600
  • Lot Identifier: 31
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.03

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4195
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00576-0000-00031-0000-
  • 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

Listed on
Dec 4, 2019
Closed on
Mar 5, 2020
Sold by
George Latasha and George Stephan
Bought by
Cavace Jessica
Seller's Agent
IVAN SILVA
VERIFIED HOMES
Buyer's Agent
JOREL MILLER
THE REAL ESTATE COMPANY
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%
Current Estimated Value
$464,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,234
Avg. Annual Appreciation
13.44%
Original Mortgage
$20,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2014
Closed on
Apr 7, 2014
Sold by
Zalawadia Manish
Bought by
Griffin Latasha
Seller's Agent
JOSE SANTIAGO
EXP REALTY, LLC
Buyer's Agent
Alexei Volosevich
FOUNDATION REAL ESTATE LLC
Sold Price
$127,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%
Original Mortgage
$125,190
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 2011
Sold by
Palestina Joseph T
Bought by
Zalawadia Manish

Purchase Details

Closed on
Feb 7, 2011
Sold by
Palestino Dorothea
Bought by
Palestina Joseph T and Munley Susan Patricia

Purchase Details

Closed on
Dec 22, 2010
Sold by
Palestino Dorothea
Bought by
Palestina Joseph T and Munley Susan Patricia
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
Cavace Jessica $230,000 Foundation Title Llc
Griffin Latasha -- None Available
Zalawadia Manish $35,000 Multiple
Palestina Joseph T -- None Available
Palestina Joseph T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavaco Jessica $153,800
Closed Cavaco Jessica $20,000
Closed Cavace Jessica $212,000
Previous Owner George Latasha $125,190
Previous Owner Griffin Latasha $125,190
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $230,000 +2.2% $146 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
12/04/2019 12/04/19 For Sale $225,000 +76.5% $142 / Sq Ft
04/08/2014 04/08/14 Sold $127,500 +203.6% $81 / Sq Ft
07/27/2012 07/27/12 Sold $42,000 -- $27 / 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 $7,214 $193,500 $22,100 $171,400
2024 $7,214 $193,500 $22,100 $171,400
2022 $7,229 $193,500 $22,100 $171,400
2021 $7,225 $193,500 $22,100 $171,400
2020 $4,317 $113,600 $22,100 $91,500
2019 $4,273 $113,600 $22,100 $91,500
2018 $4,195 $113,600 $22,100 $91,500
2017 $4,044 $113,600 $22,100 $91,500
2016 $3,908 $113,600 $22,100 $91,500
2015 $3,759 $113,600 $22,100 $91,500
2014 $3,523 $113,600 $22,100 $91,500
Source: Public Records

Agents Affiliated with this Home

  • IVAN SILVA

    Seller's Agent in 2020

    IVAN SILVA

    VERIFIED HOMES

    24 Total Sales

    IVAN SILVA
    Section Image

  • J

    Buyer's Agent in 2020

    JOREL MILLER

    THE REAL ESTATE COMPANY

  • J

    Seller's Agent in 2014

    JOSE SANTIAGO

    EXP REALTY, LLC

  • A

    Buyer's Agent in 2014

    Alexei Volosevich

    FOUNDATION REAL ESTATE LLC

    (570) 764-6728

    3 Total Sales

    Alexei Volosevich
    Section Image

  • H

    Seller's Agent in 2012

    HUMBERTO FRAGOSO

    EXIT REALTY LUCKY ASSOCIATES

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Map

Source: Garden State MLS

MLS Number: 3604022

Garden State MLS

APN: 14-00576-0000-00031

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

8 Wakeman Ave, Newark, NJ

This home is located at 8 Wakeman Ave, Newark, NJ 07104 since 04 December 2019 and is currently estimated at $464,234, approximately $293 per square foot. This property was built in 1882. 8 Wakeman Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and First Avenue Elementary School.

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