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118 3rd Avenue

118 3rd Avenue, Newark, NJ 07104
Sold Oct 20, 2006
$487,000
Buyer
Seller
$389,600 by East Coast Mtg Corp
Mortgage
Sold Jun 15, 2004
$350,000
Buyer
Seller
$255,000 by Option One Mtg Corp
Mortgage
Local assessors in Newark, NJ have categorized 118 3rd Avenue as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 2,500 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 250 ft. If we look only at the heated or air conditioned part of the building, then 118 3rd Avenue has a total of 2,558 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The property was last sold in Sep 14, 2006 for $487,000. That's $190.38 per sqft. Prior to that sales transaction, the property was also sold in Apr 30, 2004 for $350,000. 118 3rd Avenue was last assessed in 2022. The total value of the property was assessed at $258,400. Specifically, the land the property is located on was valued at $37,500. While improvements on the property were assessed at a total of $220,900. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $9,654. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • 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: 2,558
  • Building Area: 2,558
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,558
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.057
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SANTOS RAMON
  • Previous Owner : RIVERA PEDRO
  • Owner Before Previous Owner: RIVERA JORGE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 008700

Geography

  • Assessors Map Reference: TAX MAP 23
  • District: 14
  • Parcel: 14 00527-0000-00037
  • Block: 527
  • Lot: 37
  • Municipality: NEWARK CITY
  • Latitude: 40.7596
  • Longitude: -74.1719

    Address

  • Full Address: 118 3rd Ave
  • Address - House Number: 118
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Newark
  • Carrier Code: C023
  • 4-Digit Zip Code: 3339
  • Zip Code: 07104

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,654

    Appraisal Valuation

  • Standard Deviation: 0.223
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 69
  • Final Value: 570,617
  • High Value: 697,920
  • Low Value: 443,313

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $389,600
  • First Open Lien Mortgage Lender: EAST COAST MTG CORP
  • First Open Lien Mortgage Recording Date: Oct 20, 2006
  • First Open Lien Mortgage Loan Amount: $389,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $258,400
  • Market Land Value: $37,500
  • Market Improvement Value: $220,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $258,400
  • Assessed Land Value: $37,500
  • Assessed Improvements Value: $220,900

    Sales

  • Current Sale Contract Date: Sep 14, 2006
  • Current Sale Recording Date: Oct 20, 2006
  • Current Sale Transaction ID: 11475808723
  • Current Sale Price: $487,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 15, 2004
  • Previous Sale Contract Date: Apr 30, 2004
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST COAST MTG CORP
  • First Mortgage Transaction Date: Oct 20, 2006
  • First Mortgage Loan Amount: $389,600

    Previous Mortgages

  • Previous Mortgage Lender: OPTION ONE MTG CORP
  • Previous Mortgage Transaction Date: Jun 15, 2004
  • Previous Mortgage Loan Amount: $255,000

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Frequently Asked Questions

What neighborhood is 118 3rd Avenue located in?
The 118 3rd Avenue is a located in the neighborhood of Mount Pleasant - Lower Broadway in Mount Pleasant - Lower Broadway, Newark.
What is the average sales price for listings in 118 3rd Avenue?
The average sales price for units in 118 3rd Avenue is $0 currently.

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