$138,000
SOLD MAY 30, 2025

87-89 Pine Grove Terrace Newark, NJ 07106

Lower Vailsburg Neighborhood
4 Beds
2 Baths
-- Sq Ft
3,293 Sq Ft Lot

Recently Sold

54% Below List Price

19 Days on Market

About This Home

As of May 2025

This home is located at 87-89 Pine Grove Terrace, Newark, NJ 07106 and is currently priced at $138,000. 87-89 Pine Grove Terrace 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

George CancioBello

Lifestyle International Realty Brokerage Phone: (201) 559-5770 Listed on: 05/15/2024

Lifestyle International Realty

Last Buyer's Agent

Davis Marte

Keller Williams City Views Realty

Keller Williams City Views Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,522

Lot Details

  • 3,293 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00044 / 04053

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,522

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Attribution Contact: (201) 559-5770
  • Co List Office Phone: 201-559-5770
  • MLS Status: Sold - Sold
  • Directions: No offers without showing
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Disclosures: Seller's Agent

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 3293.0

Tax Info

  • Tax Annual Amount: 4522.0
  • Tax Block: 04053
  • Tax Lot: 00044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 15, 2025
Sold by
Bkm 21 Llc
Bought by
Oscar Enterprises Llc
Seller's Agent
George CancioBello
Lifestyle International Realty
Buyer's Agent
Davis Marte
Keller Williams City Views Realty
List Price
$299,999
Sold Price
$138,000
Premium/Discount to List
-$161,999
-54%
Views
15
Current Estimated Value
$177,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,992
Avg. Annual Appreciation
127.26%
Original Mortgage
$294,000
Outstanding Balance
$270,255
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
-$92,263

Purchase Details

Listed on
May 15, 2024
Closed on
May 28, 2025
Sold by
Hill Sallie and Hill Trinale
Bought by
Bkm 21 Llc
Seller's Agent
George CancioBello
Lifestyle International Realty
Buyer's Agent
Davis Marte
Keller Williams City Views Realty
List Price
$299,999
Sold Price
$138,000
Premium/Discount to List
-$161,999
-54%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Outstanding Balance
$270,255
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
-$92,263

Purchase Details

Closed on
Nov 8, 1972
Bought by
Hill Sallie D
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $230,000 Fortuna Title
Deed $138,000 None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $294,000 Construction
Previous Owner $285,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $175,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $138,000 -54.0% --
06/03/2024 06/03/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $299,999 -- --
Source: New Jersey 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 $4,272 $121,300 $16,100 $105,200
2024 $4,272 $121,300 $16,100 $105,200
2022 $4,282 $121,300 $16,100 $105,200
2021 $4,279 $121,300 $16,100 $105,200
2020 $4,359 $121,300 $16,100 $105,200
2019 $4,312 $121,300 $16,100 $105,200
2018 $4,230 $121,300 $16,100 $105,200
2017 $4,068 $121,300 $16,100 $105,200
2016 $3,923 $121,300 $16,100 $105,200
2015 $3,764 $121,300 $16,100 $105,200
2014 $3,512 $121,300 $16,100 $105,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24029058

New Jersey MLS

APN: 14-04053-0000-00044