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103 3rd Avenue

103 3rd Avenue, Newark, NJ 07104
1 Units For Sale
Unit for sale at 103 3rd Avenue, Newark, NJ 07104

$649,900

  • 6 Beds
  • 4 Baths
103 3rd Avenue, Newark, NJ 07104 Listing by Felix Rosario

103 3rd Avenue in Newark, NJ was first built in 1897 and is 127 years old. This has been categorized as a unknown property type. There are a total of 3 floors. 103 3rd Avenue has 2,056 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 2,500 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with unknown control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 103 3rd Avenue sold most recently in Nov 30, 2020 for a total of $450,000. If you work out the math, that's approximately a cost of $218.87 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,613 in taxes each year. 103 3rd Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $337,600. If we break it down further, the land itself was valued at $37,500. Improvements to the property, however, were assessed at a total of $300,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220224
02/24/2022
6 Bed
4 Bath
-
$575,000
bedrooms
6 Bed
bathrooms
4 Bath
-
-
-
FELIX ROSARIO
RE/MAX PROFESSIONALS I
20210628
06/28/2021
6 Bed
4 Bath
-
$599,900
bedrooms
6 Bed
bathrooms
4 Bath
-
-
-
FELIX ROSARIO
RE/MAX PROFESSIONALS I
20201004
10/04/2020
6 Bed
3 Bath
-
$450,000
bedrooms
6 Bed
bathrooms
3 Bath
$450,000
01/19/2021
JORGE VELASQUEZ

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 1897
  • Bedroom Count: 0
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,056
  • Building Area: 2,056
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.057

Ownership

  • Current Owner : APONTE HERMAN A
  • Previous Owner : GRACIA ROLANDO R
  • Previous Owner 2: TAVARES JOSE L
  • Is Owner Occupied: unknown
  • Ownership Rights Codes: unknown
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 009200

Geography

  • Assessors Map Reference: TAX MAP 23
  • District: 14
  • Parcel: 14 00561-0000-00046
  • Block: 561
  • Lot: 46
  • Municipality: NEWARK CITY
  • Latitude: 40.7597
  • Longitude: -74.1708

    Address

  • Full Address: 103 3rd Ave
  • Address - House Number: 103
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Newark
  • Carrier Code: C036
  • 4-Digit Zip Code: 2751
  • Zip Code: 07104

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,613

    Appraisal Valuation

  • Standard Deviation: 0.1062
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 89
  • Final Value: 558,495
  • High Value: 617,837
  • Low Value: 499,153

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $441,849
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 19, 2021
  • First Open Lien Mortgage Loan Amount: $441,849
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $337,600
  • Market Land Value: $37,500
  • Market Improvement Value: $300,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $337,600
  • Assessed Land Value: $37,500
  • Assessed Improvements Value: $300,100

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Jan 19, 2021
  • Current Sale Transaction ID: 11816596553
  • Current Sale Price: $450,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2021006669
  • Previous Sale Recording Date: Dec 20, 2013
  • Previous Sale Contract Date: Dec 20, 2013
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Jan 19, 2021
  • First Mortgage Loan Amount: $441,849
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Jan 01, 2051

About Mount Pleasant - Lower Broadway




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Frequently Asked Questions

What neighborhood is 103 3rd Avenue located in?
The 103 3rd Avenue is a multifamily located in the neighborhood of Mount Pleasant - Lower Broadway in Mount Pleasant - Lower Broadway, Newark.
How many listings are currently for sale in 103 3rd Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 103 3rd Avenue?
The average sales price for units in 103 3rd Avenue is $450,000 currently.

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