NOT LISTED FOR SALE

84 Palm St Newark, NJ 07106

Upper Vailsburg Neighborhood

Estimated Value: $300,000 - $440,624

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold August 05, 2021

Last sale price $240,000

Est. 55% increase in value since last sale

Current estimated payment $2,352/month

42 Days on Market

About This Home

As of August 2021

This home is located at 84 Palm St, Newark, NJ 07106 since 04 May 2021 and is currently estimated at $372,906. This property was built in 1877. 84 Palm St 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

Shana Cohen

KELLER WILLIAMS TOWN LIFE Brokerage Phone: 201-894-8004 Listed on: 05/04/2021

KELLER WILLIAMS TOWN LIFE

Last Buyer's Agent

MELONIE MCPHERSON-PEETS

ARC REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,892

Year Built

  • Built in 1877

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,892

Year Built

Built in 1877

Lot Details

0

Listing Details

  • Year Built: 1877
  • County Name: Essex
  • Street Number Display: 84
  • I D: 5068296
  • Modified: 2022-08-06
  • Number Images: 1
  • Attribution Contact: 201-894-8004
  • 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

Closed on
Aug 28, 2024
Sold by
Business Community Group Management Inc
Bought by
One Eleven Realty Llc
Current Estimated Value
$372,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
6.73%
Mortgage Type
Construction

Purchase Details

Listed on
May 4, 2021
Closed on
Jul 15, 2021
Sold by
Kingsmead Asset Holding Trust and Chambers Larry A
Bought by
Business Community Group Management Inc
Seller's Agent
Shana Cohen
KELLER WILLIAMS TOWN LIFE
Buyer's Agent
MELONIE MCPHERSON-PEETS
ARC REAL ESTATE
List Price
$274,900
Sold Price
$240,000
Premium/Discount to List
-$34,900
-12.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.65%
Original Mortgage
$0
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 16, 2017
Sold by
Balogun-Osinowo Deborah
Bought by
Kingsmead Asset Hldg T

Purchase Details

Closed on
Oct 10, 2017
Sold by
Balogun-Osinowo Deborah
Bought by
Kingsmead Asset Hldg T

Purchase Details

Closed on
Aug 22, 2007
Sold by
Gbogodo John
Bought by
Balogun Osinowo Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,419
Interest Rate
6.7%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 2006
Sold by
Hud
Bought by
Gbogodo John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
11.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 3, 2001
Sold by
Jsa Management Llc
Bought by
Jackson Latasha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,050
Interest Rate
6.88%

Purchase Details

Closed on
Dec 26, 2000
Sold by
Norwest Bank Minnesota Na
Bought by
Jsa Management Llc

Purchase Details

Closed on
Oct 30, 1997
Sold by
Wilson William
Bought by
84 Palm St Assoc

Purchase Details

Closed on
Nov 14, 1992
Sold by
Reilly John and Reilly Julia M
Bought by
Wilson William S
Source: Public Records

Range of Values:

Collateral Analytics

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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
One Eleven Realty Llc $315,000 None Listed On Document
Business Community Group Management Inc $240,000 Westcor Land Title
Kingsmead Asset Hldg T -- --
Kingsmead Asset Hldg T -- --
Balogun Osinowo Deborah $167,000 Ctl Title Ins Agency Inc
Gbogodo John $95,000 --
Jackson Latasha $125,000 --
Jsa Management Llc $45,000 --
Jsa Management Llc $45,000 --
84 Palm St Assoc $7,500 --
Wilson William S $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open One Eleven Realty Llc $465,000
Closed One Eleven Realty Llc $373,500
Previous Owner Business Community Group Management Inc $0
Previous Owner Balogun Osinowo Deborah $164,328
Previous Owner Balogun Osinowo Deborah $164,419
Previous Owner Gbogodo John $90,250
Previous Owner Jackson Latasha $123,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $240,000 +0.4% --
06/15/2021 06/15/21 Pending -- -- --
05/18/2021 05/18/21 Price Changed $239,000 -13.1% --
05/04/2021 05/04/21 For Sale $274,900 -- --
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 $3,892 $104,400 $16,300 $88,100
2024 $3,892 $104,400 $16,300 $88,100
2022 $3,900 $104,400 $16,300 $88,100
2021 $3,898 $104,400 $16,300 $88,100
2020 $3,967 $104,400 $16,300 $88,100
2019 $3,926 $104,400 $16,300 $88,100
2018 $3,855 $104,400 $16,300 $88,100
2017 $3,717 $104,400 $16,300 $88,100
2016 $3,591 $104,400 $16,300 $88,100
2015 $3,455 $104,400 $16,300 $88,100
2014 $3,237 $104,400 $16,300 $88,100
Source: Public Records

Agents Affiliated with this Home

  • Shana Cohen

    Seller's Agent in 2021

    Shana Cohen

    KELLER WILLIAMS TOWN LIFE

    (201) 912-5683

    1 in this area

    241 Total Sales

    Shana Cohen
    Section Image

  • M

    Buyer's Agent in 2021

    MELONIE MCPHERSON-PEETS

    ARC REAL ESTATE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3709733

Garden State MLS

APN: 14-04199-0000-00118

New Jersey Essex County Newark 07106 Upper Vailsburg

84 Palm St, Newark, NJ

This home is located at 84 Palm St, Newark, NJ 07106 since 04 May 2021 and is currently estimated at $372,906. This property was built in 1877. 84 Palm St 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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