NOT LISTED FOR SALE

89 Mount Vernon Place Unit 91 Newark, NJ 07106

Ivy Hill Neighborhood

Estimated Value: $684,000 - $931,000

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

Last Sold November 15, 2022

Last sale price $541,000

Est. 47% increase in value since last sale

Current estimated payment $5,476/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
$795,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,561
Avg. Annual Appreciation
13.63%
Original Mortgage
$531,201
Outstanding Balance
$515,762
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$251,118

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 Change Sq Ft Price
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

    8 Total Sales

    Section Image
  • Tukeitha Sylvers

    Buyer's Agent in 2022

    Tukeitha Sylvers

    Provident Legacy Real Estate Services

    (773) 317-0947

    2 in this area

    52 Total Sales

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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

This home is located at 89 Mount Vernon Place Unit 91, Newark, NJ 07106 since 30 March 2021 and is currently estimated at $766,880. 89 Mount Vernon Place Unit 91 is a home located in Essex County with nearby schools including Mt. Vernon School, Lincoln Elementary School, and Hawthorne Avenue Elementary School.

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.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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