NOT LISTED FOR SALE

86 Peabody Place Unit 2 Newark, NJ 07104

North Broadway Neighborhood

Estimated Value: $501,312 - $584,000

-- Bed
4 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold March 08, 2021

Last sale price $335,000

Est. 62% increase in value since last sale

Current estimated payment $3,438/month

145 Days on Market

About This Home

As of March 2021

This home is located at 86 Peabody Place Unit 2, Newark, NJ 07104 since 06 September 2020 and is currently estimated at $542,328. This property was built in 1897. 86 Peabody Place Unit 2 is a home located in Essex County with nearby schools including Rafael Hernandez School, Elliott Street Elementary School, and Ridge Street Elementary School.

Last Agent to Sell the Property

MARISOL GONZALEZ

ROSA AGENCY Brokerage Phone: 973-751-1000 Listed on: 09/06/2020

Last Buyer's Agent

CLARIBEL VILLALONA

REALTY ONE GROUP PRODIGY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,610

Year Built

  • Built in 1897

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,610

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Year Built: 1897
  • County Name: Essex
  • Street Number Display: 86
  • I D: 5014841
  • Modified: 2022-03-09
  • Number Images: 0
  • Attribution Contact: 973-751-1000
  • 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

Listed on
Sep 6, 2020
Closed on
Mar 5, 2021
Sold by
Soto Gertrudis and Soto Jacquelin Mercado
Bought by
Garcia Kelvin
Seller's Agent
MARISOL GONZALEZ
ROSA AGENCY
Buyer's Agent
CLARIBEL VILLALONA
REALTY ONE GROUP PRODIGY
List Price
$359,900
Sold Price
$335,000
Premium/Discount to List
-$24,900
-6.92%
Current Estimated Value
$542,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,328
Avg. Annual Appreciation
11.07%
Original Mortgage
$284,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2004
Sold by
Gonzalez Yeti
Bought by
Soto Gertrudis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,220
Interest Rate
5.62%

Purchase Details

Closed on
Apr 18, 2000
Sold by
Pan American Bank
Bought by
Gt Properties

Purchase Details

Closed on
Nov 26, 1997
Sold by
Wurban Resource
Bought by
Johnson Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7.14%

Purchase Details

Closed on
Jul 10, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Urban Resource

Purchase Details

Closed on
Jan 3, 1990
Sold by
Velez Orlando
Bought by
Olivieri Francisco A and Olivieri Fanny

Purchase Details

Closed on
Mar 7, 1989
Sold by
Douglas Evelyn
Bought by
Velez Orlando
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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

Date Buyer Sale Price Title Company
Garcia Kelvin $335,000 Nu World Title Llc
Soto Gertrudis $226,000 --
Gt Properties $25,000 --
Gt Properties $25,000 --
Johnson Donald $155,000 --
Urban Resource $44,000 --
Olivieri Francisco A $120,900 --
Velez Orlando $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Kelvin $284,750
Previous Owner Soto Gertrudis $219,220
Previous Owner Johnson Donald $129,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2021 03/08/21 Sold $335,000 -1.5% --
01/29/2021 01/29/21 Pending -- -- --
01/14/2021 01/14/21 Price Changed $340,000 -5.5% --
12/08/2020 12/08/20 For Sale $359,900 0.0% --
09/11/2020 09/11/20 Pending -- -- --
09/06/2020 09/06/20 For Sale $359,900 -- --
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 $6,610 $177,300 $22,500 $154,800
2024 $6,610 $177,300 $22,500 $154,800
2022 $6,624 $177,300 $22,500 $154,800
2021 $5,317 $142,400 $22,500 $119,900
2020 $5,411 $142,400 $22,500 $119,900
2019 $5,356 $142,400 $22,500 $119,900
2018 $5,259 $142,400 $22,500 $119,900
2017 $5,069 $142,400 $22,500 $119,900
2016 $4,899 $142,400 $22,500 $119,900
2015 $4,712 $142,400 $22,500 $119,900
2014 $4,416 $142,400 $22,500 $119,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3662895

Garden State MLS

APN: 14-00677-0000-00024