When was property at 123-125 Eastern Parkway built and last sold?

The property at 123-125 Eastern Parkway was built in 1950 and last sold on Jul 1, 1992 for $114,000.

How much is this home worth?

The estimated value of the home located at 123-125 Eastern Parkway is $462,075.

What are some comparable homes to 123-125 Eastern Parkway?

There are currently no comparable homes to 123-125 Eastern Parkway.

Newark

07106

Upper Vailsburg

123-125 Eastern Parkway

Listed by: Catarina Gomes, [email protected], RE/MAX Lifetime Realtors, (908) 688-2828, Listing Courtesy of NJMLS

$457,500

● House - Off Market

123-125 Eastern Parkway

Newark, NJ 07106

3 Beds

2 Baths

$2,697

Est. Monthly

5.51%

Cap Rate

About This Property

Welcome to this beautifully maintained Colonial home, nestled in the heart of Vailsburg! This charming residence boasts gleaming hardwood floors and a spacious, inviting layout perfect for modern living! As you step inside, a cozy foyer welcomes you, ideal for stowing your fall and winter essentials. The first floor offers a large living room, an elegant formal dining room, and a sleek, updated kitchen featuring stainless steel appliances, a breakfast bar, and stunning granite countertops! Upstairs, you'll find three generously sized bedrooms and a fully renovated bathroom, offering both style and comfort. The partially finished basement provides extra flexibility, complete with an additional bathroom and endless opportunities to create the space of your dreams. Outside, enjoy your own private backyard oasis perfect for entertaining along with the convenience of a driveway and a two-car garage! This gem is conveniently located near major highways, public transportation and NYC!

Unit Size

Days on Market

Land Size

Price per sqft

Property Type

House

Property Taxes

$450

HOA Dues

Year Built

1950

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (NJMLS #24033619)

Price History

Date / Event	Date	Event
Nov 27, 2024	Sold	Premium
Sold
Oct 31, 2024	In contract	-
In contract
Oct 17, 2024	Listed by RE/MAX Lifetime Realtors	$410,000
Listed by RE/MAX Lifetime Realtors

Property Highlights

Garage

Building Info

Overview

General

Year Built: 1950

Effective Year Built: 1950
Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 6
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 200
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 4
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 3,960

Lot Size Depth Feet: 1,067
Lot Size Frontage Feet: 371
Total Building Area: 1,382
Building Area: 1,382
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 1,382
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000091
Standard Land Use Code: 1001
County Land Use Code: 2

Neighborhood

School District Name: Newark City School District

Census Tract: 002300

Geography

Assessors Map Reference: TAX MAP 60

District: 14
Parcel: 14 04260-0000-00010
Block: 4260
Lot: 10
Municipality: NEWARK CITY
Latitude: 40.7389
Longitude: -74.2405

Address

Full Address: 123-125 Eastern Pkwy

Address - House Number: 123-125
Address - Street Name: Eastern
Address - Suffix Type: Pkwy
State: NJ
City Name: Newark
Zip Code: 07106

Valuation

Tax

Tax Year: 2022

Tax Amount: $541,346

Appraisal Valuation

Standard Deviation: 0.2144

Valuation Date: Mar 15, 2023
Confidence Score: 70
Final Value: 360,728
High Value: 438,093
Low Value: 283,362

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $144,900

Market Land Value: $29,300
Market Improvement Value: $115,600

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $144,900
Assessed Land Value: $29,300
Assessed Improvements Value: $115,600

Sales

Current Sale Contract Date: Jul 01, 1992

Current Sale Recording Date: Jul 10, 1992
Current Sale Price:

Premium
Current Sale Document Type: 27
Previous Sale Recording Date: Jul 01, 1992
Previous Sale Contract Date: Jul 01, 1992
Previous Sale Amount: $114,000
Previous Sale Document Type: 27

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Upper Vailsburg

Stats & Trends

Median Asking:

$592,000

Sale Price/ft²

$193

Below Asking

0.01%

Average Days on Market

Average Home Size

900 ft²

Average Home Age

100.6 years

Currently For Sale

30 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 378 Boyden Ave, Maplewood Twp., 07040-3039

$2,700 /mo

3 Beds
1 Bath

378 Boyden Ave #1, Maplewood Twp., 07040-3039 Listing by STACIE LEVY

Unit for rent at 83 Arsdale, East Orange, NJ, 07018

$2,500 /mo

3 Beds
1 Bath

83 Arsdale, East Orange, NJ, 07018 Listing by Darrell Bailey

Unit for rent at 113 3rd St, South Orange Village Twp., 07079-1858

$2,800 /mo

3 Beds
1 Bath

113 3rd St, South Orange Village Twp., 07079-1858 Listing by MARIA M. SALAZAR

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Catarina Gomes
RE/MAX Lifetime Realtors
Last Updated: 2 years ago
Data Source: NJMLS , MLS# 24033619

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 RHP Realty NJ, Inc. 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.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

123-125 Eastern Parkway

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Upper Vailsburg

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions