NOT LISTED FOR SALE

81 Carolina Ave Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $538,000 - $744,000

-- Bed
-- Bath
-- Sq Ft
37 Sq Ft Lot

Last Sold August 15, 2022

Last sale price $500,000

Est. 27% increase in value since last sale

Current estimated payment $3,891/month

132 Days on Market

About This Home

As of August 2022

This home is located at 81 Carolina Ave, Newark, NJ 07106 since 03 December 2021 and is currently estimated at $615,733. This property was built in 1922. 81 Carolina 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

Nicholas Verdi

KELLER WILLIAMS CITY VIEWS REALTY Brokerage Phone: 973-623-1001 Listed on: 12/03/2021

KELLER WILLIAMS CITY VIEWS REALTY

Last Buyer's Agent

Catherine Duffoo

REALTY ONE GROUP LIFESTYLE HOMES

REALTY ONE GROUP LIFESTYLE HOMES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,951

Year Built

  • Built in 1922

Lot Details

  • 37 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,951

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • County Name: Essex
  • Street Number Display: 81
  • I D: 5118685
  • Modified: 2023-08-16
  • Number Images: 1
  • Attribution Contact: 973-623-1001
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 37.6X100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Aug 5, 2022
Sold by
Ideal Development Of Nj Llc
Bought by
Ortiz Mary I Sanchez and Calderon Hector Paniagua
Seller's Agent
Nicholas Verdi
KELLER WILLIAMS CITY VIEWS REALTY
Buyer's Agent
Catherine Duffoo
REALTY ONE GROUP LIFESTYLE HOMES
List Price
$449,500
Sold Price
$500,000
Premium/Discount to List
$50,500
11.23%
Current Estimated Value
$635,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,362
Avg. Annual Appreciation
7.19%
Original Mortgage
$483,312
Outstanding Balance
$462,573
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$153,160

Purchase Details

Closed on
Apr 2, 2015
Sold by
Trinity Realty Investment Llc
Bought by
Realty Associates Investm Ent Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.7%

Purchase Details

Closed on
May 7, 2014
Sold by
Capital One Na
Bought by
Trinity Realty & Inv

Purchase Details

Closed on
Jan 7, 2014
Sold by
Capital One Na and Fontoura Armando B
Bought by
Desrosiers Carl

Purchase Details

Closed on
Jul 20, 2006
Sold by
Stevens Lilian
Bought by
Desrosiers Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
8.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 12, 2000
Sold by
Hunter Gordon
Bought by
Stevens Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,950
Interest Rate
8.14%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ortiz Mary I Sanchez $500,000 Ats Title
Realty Associates Investm Ent Llc -- --
Trinity Realty & Inv $60,000 --
Desrosiers Carl -- None Available
Desrosiers Carl $285,000 --
Stevens Lillian $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Mary I Sanchez $483,312
Previous Owner Ideal Dev Of Nj Llc $200,000
Previous Owner Ideal Dev Of Nj Llc $175,000
Previous Owner Ideal Dev Of Nj Llc $175,000
Previous Owner Realty Associates Investm Ent Llc --
Previous Owner Desrosiers Carl $256,500
Previous Owner Stevens Lillian $122,950
Closed Desrosiers Carl --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $500,000 +11.2% --
04/19/2022 04/19/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $449,500 0.0% --
02/02/2022 02/02/22 Pending -- -- --
12/07/2021 12/07/21 For Sale $449,500 +649.2% --
08/14/2014 08/14/14 Sold $60,000 -- --
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 $4,951 $132,800 $17,800 $115,000
2024 $4,951 $132,800 $17,800 $115,000
2023 $4,961 $132,800 $17,800 $115,000
2022 $4,961 $132,800 $17,800 $115,000
2021 $4,959 $132,800 $17,800 $115,000
2020 $5,046 $132,800 $17,800 $115,000
2019 $4,995 $132,800 $17,800 $115,000
2018 $4,904 $132,800 $17,800 $115,000
2017 $4,728 $132,800 $17,800 $115,000
2016 $4,568 $132,800 $17,800 $115,000
2015 $4,394 $132,800 $17,800 $115,000
2014 $4,118 $132,800 $17,800 $115,000
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Verdi

    Seller's Agent in 2022

    Nicholas Verdi

    KELLER WILLIAMS CITY VIEWS REALTY

    (973) 769-1009

    4 in this area

    174 Total Sales

    Section Image

  • C

    Buyer's Agent in 2022

    Catherine Duffoo

    REALTY ONE GROUP LIFESTYLE HOMES

    (908) 305-3683

    1 in this area

    10 Total Sales

    Section Image
  • Patrick Fox

    Seller's Agent in 2014

    Patrick Fox

    AMERICAN REALTY SERVICES GROUP

    (201) 681-0508

    16 Total Sales

    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3754564

Garden State MLS

APN: 14-04043-0000-00088

New Jersey Essex County Newark 07106 Lower Vailsburg

81 Carolina Ave, Newark, NJ

This home is located at 81 Carolina Ave, Newark, NJ 07106 since 03 December 2021 and is currently estimated at $615,733. This property was built in 1922. 81 Carolina Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes