NOT LISTED FOR SALE

98 2nd Ave Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $845,203 - $1,242,000

-- Bed
-- Bath
-- Sq Ft
4,269 Sq Ft Lot

Last Sold December 30, 2019

Last sale price $655,000

Est. 53% increase in value since last sale

Current estimated payment $6,740/month

37 Days on Market

About This Home

As of December 2019

This home is located at 98 2nd Ave, Newark, NJ 07104 since 16 October 2019 and is currently estimated at $999,301. 98 2nd Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, First Avenue Elementary School, and Franklin School.

Last Agent to Sell the Property

JOHANNA RIVERA

REALTY EXECUTIVES PROPERTY SQUAD Brokerage Phone: 973-663-1660 Listed on: 10/16/2019

Last Buyer's Agent

JOSE RODRIGUES

ALIGN RIGHT REALTY HOMEKEY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,559

Lot Details

  • 4,269 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,559

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 98
  • I D: 4938801
  • Modified: 2020-12-31
  • Number Images: 1
  • Attribution Contact: 973-663-1660
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 4269 SF
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2019
Closed on
Dec 30, 2019
Sold by
Yunga Maria C and Tuapante Manuel
Bought by
Yunga Maria C and Tuapante Manuel
Seller's Agent
JOHANNA RIVERA
REALTY EXECUTIVES PROPERTY SQUAD
Buyer's Agent
JOSE RODRIGUES
ALIGN RIGHT REALTY HOMEKEY
List Price
$639,000
Sold Price
$655,000
Premium/Discount to List
$16,000
2.5%
Current Estimated Value
$999,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,301
Avg. Annual Appreciation
7.16%
Original Mortgage
$491,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 11, 2018
Closed on
Mar 25, 2019
Sold by
Pomaquiza Gustavo
Bought by
Nieves Omar
Seller's Agent
EDDIE GALVAN
COLDWELL BANKER REALTY
Buyer's Agent
JOHANNA RIVERA
REALTY EXECUTIVES PROPERTY SQUAD
List Price
$350,000
Sold Price
$450,000
Premium/Discount to List
$100,000
28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.83%

Purchase Details

Closed on
Aug 1, 2005
Sold by
Lanzon Ii Llc
Bought by
Pomaquiza Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
6.33%
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Yunga Maria C -- First American Title
Tunga Maria C $655,000 None Available
Nieves Omar $450,000 --
Pomaquiza Gustavo $530,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tunga Maria C $491,250
Previous Owner Pomaquiza Gustavo $424,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $655,000 +0.8% --
11/22/2019 11/22/19 Pending -- -- --
11/14/2019 11/14/19 Price Changed $649,900 +1.7% --
11/13/2019 11/13/19 For Sale $639,000 0.0% --
10/16/2019 10/16/19 Pending -- -- --
10/16/2019 10/16/19 For Sale $639,000 +42.0% --
03/25/2019 03/25/19 Sold $450,000 +28.6% --
01/10/2019 01/10/19 Pending -- -- --
12/11/2018 12/11/18 For Sale $350,000 -- --
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 $17,559 $471,000 $26,800 $444,200
2024 $17,559 $471,000 $26,800 $444,200
2022 $17,597 $471,000 $26,800 $444,200
2021 $17,587 $471,000 $26,800 $444,200
2020 $13,486 $354,900 $26,500 $328,400
2019 $13,348 $354,900 $26,500 $328,400
2018 $13,106 $354,900 $26,500 $328,400
2017 $12,634 $354,900 $26,500 $328,400
2016 $12,209 $354,900 $26,500 $328,400
2015 $11,744 $354,900 $26,500 $328,400
2014 $11,005 $354,900 $26,500 $328,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    JOHANNA RIVERA

    REALTY EXECUTIVES PROPERTY SQUAD

  • E

    Seller's Agent in 2019

    EDDIE GALVAN

    COLDWELL BANKER REALTY

  • J

    Seller Co-Listing Agent in 2019

    Justin Kiliszek

    EXP REALTY, LLC

    (973) 298-4247

    1 in this area

    227 Total Sales

    Justin Kiliszek
    Section Image

  • J

    Buyer's Agent in 2019

    JOSE RODRIGUES

    ALIGN RIGHT REALTY HOMEKEY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3595031

Garden State MLS

APN: 14-00558-0000-00068-03

New Jersey Essex County Newark 07104 Forest Hill

98 2nd Ave, Newark, NJ

This home is located at 98 2nd Ave, Newark, NJ 07104 since 16 October 2019 and is currently estimated at $999,301. 98 2nd Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, First Avenue Elementary School, and Franklin School.

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