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68 Milford Avenue

68 Milford Avenue, Newark, NJ 07108
Sold Apr 04, 2005
$320,000
$256,000 by Countrywide Home Loans Inc
Mortgage Due Apr 01, 2035
68 Milford Avenue has been categorized by the local assessors in Newark, NJ as a residential type of property. The building on the property was first built in 2005 and is 19 years old. In addition, 68 Milford Avenue has 2,500 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,977 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. 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, 68 Milford Avenue sold most recently in Mar 31, 2005 for a total of $320,000. If you work out the math, that's approximately a cost of $128.00 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 $8,163 in taxes each year. 68 Milford Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $218,500. If we break it down further, the land itself was valued at $22,300. Improvements to the property, however, were assessed at a total of $196,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,977
  • Total Building Area: 2,500
  • Building Area: 2,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,500
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.091
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ARAUJO ELIA
  • Previous Owner : PROCIDA REALTY & CONSTRUCTION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 022700

Geography

  • Assessors Map Reference: TAX MAP 96
  • District: 14
  • Parcel: 14 02672-0000-00036- 07
  • Block: 2672
  • Lot: 36.07
  • Municipality: NEWARK CITY
  • Latitude: 40.7201
  • Longitude: -74.19

    Address

  • Full Address: 68 Milford Ave
  • Address - House Number: 68
  • Address - Street Name: Milford
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Newark
  • Carrier Code: C011
  • 4-Digit Zip Code: 2816
  • Zip Code: 07108

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,163

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 481,313
  • High Value: 584,541
  • Low Value: 378,085

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $256,000
  • First Open Lien Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Apr 04, 2005
  • First Open Lien Mortgage Loan Amount: $256,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2035

    Market Valuation

  • Market Total Value: $218,500
  • Market Land Value: $22,300
  • Market Improvement Value: $196,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $218,500
  • Assessed Land Value: $22,300
  • Assessed Improvements Value: $196,200

    Sales

  • Current Sale Contract Date: Mar 31, 2005
  • Current Sale Recording Date: Apr 04, 2005
  • Current Sale Transaction ID: 1122172343
  • Current Sale Price: $320,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • First Mortgage Transaction Date: Apr 04, 2005
  • First Mortgage Loan Amount: $256,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2035

About South Broad Street



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Frequently Asked Questions

What neighborhood is 68 Milford Avenue located in?
The 68 Milford Avenue is a located in the neighborhood of South Broad Street in South Broad Street, Newark.
What is the average sales price for listings in 68 Milford Avenue?
The average sales price for units in 68 Milford Avenue is $0 currently.

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