NOT LISTED FOR SALE

89 Mount Vernon Place Unit 91 Newark, NJ 07106

Ivy Hill Neighborhood

Estimated Value: $676,000 - $1,006,000

6 Beds
4 Baths
-- Sq Ft
3,999 Sq Ft Lot

Last Sold November 15, 2022

Last sale price $541,000

Est. 45% increase in value since last sale

Current estimated payment $5,225/month

14 Days on Market

About This Home

As of November 2022

First showing 4/9/2021....Tenant occupied but at closing 3 units will be delivered vacant. There are 2 units vacant, garage and and unfinished basement. Tenants pay heat, electric and hot water. 4 separate furnaces and hot water heaters.

Last Agent to Sell the Property

Earl Garcia

Elite Realtors of New Jersey Listed on: 03/30/2021

Elite Realtors of New Jersey

Last Buyer's Agent

Tukeitha Sylvers

Provident Legacy Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,264

Lot Details

  • 3,999 Sq Ft Lot

Parking

  • 3 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00001 / 04148

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,264

Lot Details

0

Parking

3

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 973-739-8008
  • MLS Status: Sold - Sold
  • Directions: Ivy Street to Eastern Parkway make a left on 3astern Parkway
  • Architectural Style: 4 Family
  • Year Built Details: 1950's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 3999.0

Tax Info

  • Tax Annual Amount: 13264.0
  • Tax Block: 04148
  • Tax Lot: 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
Nov 8, 2022
Sold by
Arrington Gilves D
Bought by
Mcdonald Davian
Seller's Agent
Earl Garcia
Elite Realtors of New Jersey
Buyer's Agent
Tukeitha Sylvers
Provident Legacy Real Estate Services
List Price
$500,000
Sold Price
$541,000
Premium/Discount to List
$41,000
8.2%
Views
1
Current Estimated Value
$785,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,931
Avg. Annual Appreciation
13.21%
Original Mortgage
$531,201
Outstanding Balance
$514,699
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$271,232

Purchase Details

Closed on
May 22, 2001
Sold by
Carter Eric L
Bought by
Arrington Gilves D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,800
Interest Rate
7.05%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Mcdonald Davian $541,000 Old Republic National Title
Arrington Gilves D $169,000 --
-- $169,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Davian $531,201
Previous Owner -- $163,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2022 11/15/22 Sold $541,000 +8.2% --
04/13/2021 04/13/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $500,000 -- --
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 $13,000 $348,700 $34,400 $314,300
2024 $13,000 $348,700 $34,400 $314,300
2022 $13,027 $348,700 $34,400 $314,300
2021 $13,020 $348,700 $34,400 $314,300
2020 $13,251 $348,700 $34,400 $314,300
2019 $13,115 $348,700 $34,400 $314,300
2018 $12,877 $348,700 $34,400 $314,300
2017 $12,414 $348,700 $34,400 $314,300
2016 $11,995 $348,700 $34,400 $314,300
2015 $11,538 $348,700 $34,400 $314,300
2014 $10,813 $348,700 $34,400 $314,300
Source: Public Records

Agents Affiliated with this Home

  • Earl Garcia

    Seller's Agent in 2022

    Earl Garcia

    Elite Realtors of New Jersey

    (973) 820-7591

    1 in this area

    9 Total Sales

    Earl Garcia
    Section Image
  • Tukeitha Sylvers

    Buyer's Agent in 2022

    Tukeitha Sylvers

    Provident Legacy Real Estate Services

    (773) 317-0947

    2 in this area

    51 Total Sales

    Tukeitha Sylvers
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 21013069

New Jersey MLS

APN: 14-04148-01-00001

New Jersey Essex County Newark 07106 Ivy Hill

89 Mount Vernon Place Unit 91, Newark, NJ

Not Listed for Sale

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