Check Availability

194 12th Avenue

194 12th Avenue, Newark, NJ 07107
Property in Fairmount
194 12th Avenue has been categorized by the local assessors in Newark, NJ as a exempt type of property. The building on the property was first built in 1927 and is 97 years old. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,500 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Jun 14, 2021 for $750,000. Prior to that sales transaction, the property was also sold in Aug 16, 2004 for $50,000. 194 12th Avenue was last assessed in 2022. The total value of the property was assessed at $427,300. Specifically, the land the property is located on was valued at $30,000. While improvements on the property were assessed at a total of $397,300. 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 $0. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Bedroom Count: 0
  • Living Units: 1
  • 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: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Exempt
  • Land Acres: 0.057
  • Standard Land Use Code: Exempt (full or partial)
  • Legal Description 1: FACILITY NAME: FIVE YR TAX AGREEMNT

Ownership

  • Current Owner : ESTEVES JOAQUIM
  • Previous Owner : MAMA JUANITA REALTY LLC
  • Owner Before Previous Owner: KYYS HOLDINGS
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 001400

Geography

  • Assessors Map Reference: TAX MAP 46
  • District: 14
  • Parcel: 14 01799-0000-00001
  • Block: 1799
  • Lot: 1
  • Municipality: NEWARK CITY
  • Latitude: 40.744
  • Longitude: -74.1967

    Address

  • Full Address: 194 12th Ave
  • Address - House Number: 194
  • Address - Street Name: 12th
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Newark
  • Carrier Code: C009
  • 4-Digit Zip Code: 4555
  • Zip Code: 07107

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $0

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $811,531
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 06, 2021
  • First Open Lien Mortgage Loan Amount: $736,415
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Sep 19, 2023
  • Second Open Lien Mortgage Loan Amount: $75,116
  • Second Open Lien Mortgage Term: 333
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $427,300
  • Market Land Value: $30,000
  • Market Improvement Value: $397,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $427,300
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $397,300

    Sales

  • Current Sale Contract Date: Jun 14, 2021
  • Current Sale Recording Date: Jul 06, 2021
  • Current Sale Transaction ID: 11843545961
  • Current Sale Price: $750,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021081042
  • Previous Sale Recording Date: Sep 16, 2004
  • Previous Sale Contract Date: Aug 16, 2004
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Jul 06, 2021
  • First Mortgage Loan Amount: $736,415
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2051

About Fairmount



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 655 Clinton Ave, Newark City, NJ, 07108

$12,500 /mo

  • Studio
  • 3 Baths
  • 10,000 ft²
655 Clinton Ave, Newark City, NJ, 07108 Listing by Lionel Cruz

Frequently Asked Questions

What neighborhood is 194 12th Avenue located in?
The 194 12th Avenue is a located in the neighborhood of Fairmount in Fairmount, Newark.
What is the average sales price for listings in 194 12th Avenue?
The average sales price for units in 194 12th Avenue is $0 currently.

Quantcast