NOT LISTED FOR SALE

85 Farley Ave Unit 3 Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $645,000 - $880,000

Studio
6 Baths
2,964 Sq Ft
$260/Sq Ft Est. Value

Sale Details

Date Sold: January 23, 2025

Last sale price $785,000 $265 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,002 / mo

18 Days on Market

About This Home

As of January 2025

This home is located at 85 Farley Ave Unit 3, Newark, NJ 07108 since 15 October 2024 and is currently estimated at $771,102, approximately $260 per square foot. This property was built in 2010. 85 Farley Ave Unit 3 is a home with nearby schools including Belmont Runyon School, Hawthorne Avenue Elementary School, and Louise A. Spencer School.

Co-Listed By

Tia Johnson-McClinton

EXP REALTY, LLC Brokerage Phone: 866-201-6210

EXP REALTY, LLC

Last Buyer's Agent

NICHOLAS GRIMANDO

EXP REALTY, LLC

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2010

Lot Details

  • 3,700 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 2010

Lot Details

3,700 Sq Ft Lot

Listing Details

  • Year Built: 2010
  • County Name: Essex
  • I D: 5300010
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 3700 SF
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2024
Closed on
Jan 23, 2025
Sold by
Lj Realty Limited Liability Company
Bought by
Asumadu Helen
Buyer's Agent
NICHOLAS GRIMANDO
EXP REALTY, LLC
List Price
$752,500
Sold Price
$785,000
Premium/Discount to List
$32,500
4.32%
Views
23
Current Estimated Value
$771,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,898
Avg. Annual Appreciation
-1.36%
Original Mortgage
$549,500
Outstanding Balance
$542,589
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$228,513

Purchase Details

Closed on
Mar 16, 2010
Sold by
Fast Construction Inc
Bought by
Lj Realty Limited Liability Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Asumadu Helen $785,000 Old Republic National Title
Lj Realty Limited Liability Company $150,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Asumadu Helen $549,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2025 01/23/25 Sold $785,000 +4.3% $265 / Sq Ft
11/02/2024 11/02/24 Pending -- -- --
10/15/2024 10/15/24 For Sale $752,500 -- $254 / Sq Ft
Source: Garden State MLS

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 $10,679 $280,800 $12,700 $268,100
2024 $10,468 $280,800 $12,700 $268,100
2022 $10,491 $280,800 $12,700 $268,100
2021 $10,485 $280,800 $12,700 $268,100
2020 $10,670 $280,800 $12,700 $268,100
2019 $10,561 $280,800 $12,700 $268,100
2018 $10,370 $280,800 $12,700 $268,100
2017 $9,996 $280,800 $12,700 $268,100
2016 $9,660 $280,800 $12,700 $268,100
2015 $9,292 $280,800 $12,700 $268,100
2014 $394 $280,800 $12,700 $268,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller Co-Listing Agent in 2025

    Tia Johnson-McClinton

    EXP REALTY, LLC

    (866) 201-6210

    3 in this area

    4 Total Sales

    Tia Johnson-McClinton
    Section Image

  • N

    Buyer's Agent in 2025

    NICHOLAS GRIMANDO

    EXP REALTY, LLC

    2 in this area

    10 Total Sales

    NICHOLAS GRIMANDO
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3929406

Garden State MLS

APN: 14-03002-0000-00017-02

New Jersey Essex County Newark 07108 Clinton Hill

85 Farley Ave Unit 3, Newark, NJ

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 © 2026 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
Your Personal Tour Guide

Ask me questions while you tour the home.