NOT LISTED FOR SALE

81 Marion Ave Newark, NJ 07106

Upper Vailsburg Neighborhood

Estimated Value: $539,000 - $573,000

-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold July 15, 2020

Last sale price $325,000

Est. 73% increase in value since last sale

Current estimated payment $3,764/month

23 Days on Market

About This Home

As of July 2020

This home is located at 81 Marion Ave, Newark, NJ 07106 since 09 March 2020 and is currently estimated at $555,750. This property was built in 1920. 81 Marion 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

BRENDAN DASILVA

KELLER WILLIAMS - NJ METRO GROUP Brokerage Phone: 973-783-7400 Listed on: 03/09/2020

Last Buyer's Agent

BRENDAN DASILVA

KELLER WILLIAMS - NJ METRO GROUP Brokerage Phone: 973-783-7400 Listed on: 03/09/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,414

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,414

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Essex
  • Street Number Display: 81
  • I D: 4969618
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-783-7400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 31X100
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Jul 15, 2020
Sold by
Savage Bernard W and Harrison Savage Velma
Bought by
Defreitas Darryl
Seller's Agent
BRENDAN DASILVA
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
BRENDAN DASILVA
KELLER WILLIAMS - NJ METRO GROUP
List Price
$299,900
Sold Price
$325,000
Premium/Discount to List
$25,100
8.37%
Current Estimated Value
$562,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,034
Avg. Annual Appreciation
11.12%
Original Mortgage
$319,113
Outstanding Balance
$284,227
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$271,523

Purchase Details

Closed on
Jan 31, 1995
Sold by
Savage Bernard
Bought by
Savage B
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Defreitas Darryl $325,000 Chicago Title Insurance Co
Savage B $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Defreitas Darryl $319,113
Previous Owner Savage Bernard William $164,435
Previous Owner Savage Bernard William $175,000
Previous Owner Savage Bernard William $69,943
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $325,000 +8.4% --
04/01/2020 04/01/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $299,900 -- --
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 $8,414 $225,700 $22,800 $202,900
2024 $8,414 $225,700 $22,800 $202,900
2022 $8,432 $225,700 $22,800 $202,900
2021 $9,174 $245,700 $22,800 $222,900
2020 $5,160 $135,800 $22,800 $113,000
2019 $5,107 $135,800 $22,800 $113,000
2018 $5,015 $135,800 $22,800 $113,000
2017 $4,834 $135,800 $22,800 $113,000
2016 $4,672 $135,800 $22,800 $113,000
2015 $4,494 $135,800 $22,800 $113,000
2014 $4,211 $135,800 $22,800 $113,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    BRENDAN DASILVA

    KELLER WILLIAMS - NJ METRO GROUP

See All Agents

Map

Source: Garden State MLS

MLS Number: 3622251

Garden State MLS

APN: 14-04186-0000-00023

New Jersey Essex County Newark 07079 Upper Vailsburg

81 Marion Ave, Newark, NJ

This home is located at 81 Marion Ave, Newark, NJ 07106 since 09 March 2020 and is currently estimated at $555,750. This property was built in 1920. 81 Marion Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

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