NOT LISTED FOR SALE

Estimated Value: $576,000 - $641,000

7 Beds
2 Baths
-- Sq Ft
4,082 Sq Ft Lot

Last Sold January 19, 2024

Last sale price $557,000

Est. 8% increase in value since last sale

Current estimated payment $4,308/month

199 Days on Market

About This Home

As of January 2024

This home is located at 280-282 Pomona Ave, Newark, NJ 07112 since 05 May 2023 and is currently estimated at $602,855. This property was built in 1925. 280-282 Pomona Ave is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Peshine Avenue Elementary School.

Last Listed By

Rachele JeanLouis

HomeQuest Realty Group Listed on: 05/05/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,333

Year Built

  • 1925

Lot Details

  • 4,082

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 4,082 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00007 / 03718

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,333

Year Built

1925

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (973) 337-5170
  • MLS Status: Sold - Sold
  • Directions: Off Aldine St
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1925

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 7
  • Basement Remarks: Yes

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 4082.0

Tax Info

  • Tax Annual Amount: 11333.0
  • Tax Block: 03718
  • Tax Lot: 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jan 18, 2024
Sold by
280 Pomona Estates Llc
Bought by
Fisher Brian and Fisher Gavin
Seller's Agent
Rachele JeanLouis
HomeQuest Realty Group
Buyer's Agent
Marie Thomas
Rosa Agency Elizabeth, Inc.
List Price
$565,000
Sold Price
$557,000
Premium/Discount to List
-$8,000
-1.42%
Total Days on Market
199
Views
73
Current Estimated Value
$602,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,855
Avg. Annual Appreciation
6.43%
Original Mortgage
$549,857
Outstanding Balance
$543,239
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$59,616

Purchase Details

Closed on
Mar 30, 2023
Sold by
Schuyler Holdings Llc
Bought by
280 Pomona Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2021
Sold by
280 Pomona Estates Llc
Bought by
Schuyler Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2020
Sold by
Epps Deborah and Phillips Dorien
Bought by
280 Pomona Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 29, 2004

Purchase Details

Closed on
Aug 27, 2001
Sold by
Hud
Bought by
Home Jersey Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.06%

Purchase Details

Closed on
Dec 10, 1999
Sold by
Dch Funding
Bought by
Alleyne Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,651
Interest Rate
7.81%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 1999
Sold by
Porter Brenda
Bought by
Dch Funding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,651
Interest Rate
7.81%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 1992
Sold by
Porter Brenda
Bought by
Porter Brenda and Porter Gwynndolyn

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fisher Brian $560,000 None Listed On Document
280 Pomona Estates Llc -- None Listed On Document
Schuyler Holdings Llc -- Universal Title Llc
280 Pomona Estates Llc $285,000 American Land Ttl Assocation
-- -- --
Home Jersey Inc $50,000 --
Alleyne Norman $165,000 --
Dch Funding Llc $65,000 --
Porter Brenda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Brian $549,857
Previous Owner 280 Pomona Estates Llc $455,000
Previous Owner Schuyler Holdings Llc $675,000
Previous Owner 280 Pomona Estates Llc $260,000
Previous Owner Epps Deborah $262,500
Previous Owner Home Jersey Inc $80,000
Previous Owner Alleyne Norman $163,651
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $557,000 +2.2% --
11/20/2023 11/20/23 Pending -- -- --
09/21/2023 09/21/23 Price Changed $545,000 -3.5% --
06/27/2023 06/27/23 For Sale $565,000 0.0% --
06/27/2023 06/27/23 Price Changed $565,000 -1.7% --
05/26/2023 05/26/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $575,000 -- --
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,314 $303,500 $20,000 $283,500
2022 $11,339 $303,500 $20,000 $283,500
2021 $11,333 $303,500 $20,000 $283,500
2020 $6,243 $164,300 $20,000 $144,300
2019 $6,179 $164,300 $20,000 $144,300
2018 $6,068 $164,300 $20,000 $144,300
2017 $5,849 $164,300 $20,000 $144,300
2016 $5,652 $164,300 $20,000 $144,300
2015 $5,437 $164,300 $20,000 $144,300
2014 $5,095 $164,300 $20,000 $144,300
Source: Public Records

Agents Affiliated with this Home

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Source: New Jersey MLS

MLS Number: 23013317

New Jersey MLS

APN: 14-03718-0000-00007