NOT LISTED FOR SALE

108 S 6th St Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $584,440 - $731,000

-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold March 02, 2022

Last sale price $285,000

Est. 128% increase in value since last sale

Current estimated payment $3,971/month

39 Days on Market

About This Home

As of March 2022

This home is located at 108 S 6th St, Newark, NJ 07107 since 18 November 2021 and is currently estimated at $649,360. 108 S 6th St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Harriet Tubman School.

Last Agent to Sell the Property

MANUEL ROSA JR

ROSA AGENCY Brokerage Phone: 973-751-1000 Listed on: 11/18/2021

Last Buyer's Agent

MANUEL ROSA JR

ROSA AGENCY Brokerage Phone: 973-751-1000 Listed on: 11/18/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,625

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,625

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 5116892
  • Attribution Contact: 973-751-1000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 24.6X120
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Mar 3, 2022
Sold by
Naftali Lipschutz
Bought by
Lipko Realty Llc
Seller's Agent
MANUEL ROSA JR
ROSA AGENCY
Buyer's Agent
MANUEL ROSA JR
ROSA AGENCY
List Price
$210,000
Sold Price
$285,000
Premium/Discount to List
$75,000
35.71%
Current Estimated Value
$649,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,360
Avg. Annual Appreciation
24.56%
Original Mortgage
$450,000
Outstanding Balance
$420,303
Interest Rate
3.89%
Mortgage Type
Construction
Estimated Equity
$229,057

Purchase Details

Listed on
Nov 18, 2021
Closed on
Jan 31, 2022
Sold by
Federal National Mortgage Assn and Mae Fannie
Bought by
Lipschutz Naftali
Seller's Agent
MANUEL ROSA JR
ROSA AGENCY
Buyer's Agent
MANUEL ROSA JR
ROSA AGENCY
List Price
$210,000
Sold Price
$285,000
Premium/Discount to List
$75,000
35.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$420,303
Interest Rate
3.89%
Mortgage Type
Construction
Estimated Equity
$229,057

Purchase Details

Closed on
Feb 20, 2020
Sold by
Taylor Christine and The Lovey Taylor Revocable Liv
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 2, 2014
Sold by
Taylor Lovey
Bought by
Taylor Lovey
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Lipko Realty Llc -- None Listed On Document
Lipschutz Naftali $285,000 None Listed On Document
Federal National Mortgage Association -- None Available
Taylor Lovey $10 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipko Realty Llc $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2022 03/02/22 Sold $285,000 +35.7% --
12/27/2021 12/27/21 Pending -- -- --
12/17/2021 12/17/21 Price Changed $210,000 0.0% --
12/17/2021 12/17/21 For Sale $210,000 -26.3% --
11/22/2021 11/22/21 Off Market $285,000 -- --
11/18/2021 11/18/21 For Sale $199,000 -- --
Source: Garden State 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
2025 $6,625 $177,700 $33,500 $144,200
2024 $6,625 $177,700 $33,500 $144,200
2022 $6,639 $177,700 $33,500 $144,200
2021 $6,635 $177,700 $33,500 $144,200
2020 $6,753 $177,700 $33,500 $144,200
2019 $6,683 $177,700 $33,500 $144,200
2018 $6,562 $177,700 $33,500 $144,200
2017 $6,326 $177,700 $33,500 $144,200
2016 $6,113 $177,700 $33,500 $144,200
2015 $5,880 $177,700 $33,500 $144,200
2014 $5,510 $177,700 $33,500 $144,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    MANUEL ROSA JR

    ROSA AGENCY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3752937

Garden State MLS

APN: 14-01807-0000-00023

New Jersey Essex County Newark 07107 Fairmount

108 S 6th St, Newark, NJ

Not Listed for Sale

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