NOT LISTED FOR SALE

85 Farley Ave Unit 3 Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $612,000 - $923,000

Studio
6 Baths
2,964 Sq Ft
$264/Sq Ft Est. Value

Sale Details

Date Sold: January 23, 2025

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

Current estimated payment $5,185 / 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 $782,099, approximately $263 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 Peshine Avenue Elementary 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

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 Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2024
Closed on
Jan 23, 2025
Sold by
Bought by
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
$782,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,901
Avg. Annual Appreciation
-0.25%
Original Mortgage
$549,500
Interest Rate
0.0672%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2010
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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

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
$785,000 Old Republic National Title
$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 $163,627
Open $549,500
Source: Public Records

Property 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 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

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

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
2026 $11,229 $280,800 $12,700 $268,100
2025 $11,229 $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

    11 Total Sales

    NICHOLAS GRIMANDO
    Section Image
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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

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