NOT LISTED FOR SALE

115 Polk St Newark, NJ 07105

Five Corners Neighborhood

Estimated Value: $558,000 - $621,000

4 Beds
2 Baths
-- Sq Ft
2,548 Sq Ft Lot

Last Sold December 19, 2024

Last sale price $580,000

Est. 1% increase in value since last sale

Current estimated payment $3,773/month

67 Days on Market

About This Home

As of December 2024

Discover 115 Polk St., a cozy duplex nestled in Newark's Ironbound district. Renovated in 2002, this home presents a prime prospect for investors or those eager to personalize a cherished space. Each unit boasts 2 bedrooms and 1 bath, ideal for multi-family living or rental income. While retaining functionality, some modern updates could elevate its allure. Highlighted by a private driveway, coveted off-street parking awaits residents and guests. An added bonus is the studio in the rear, offering flexibility as a home office, artist's haven, or guest retreat. With some renovations, this property holds immense potential for the imaginative. Situated in a sought-after locale, 115 Polk St. provides easy access to local conveniences like shops, eateries, parks, and schools. Commuters will appreciate its proximity to highways and public transit, ensuring effortless travel. Seize the opportunity to shape this property into your ideal haven or investment venture.

Last Listed By

Ryan Oliveira

Vylla Home Listed on: 07/20/2024

Vylla Home

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,162

Year Built

  • 1907

Lot Details

  • 2,548 Sq Ft Lot
  • Lot Dimensions are 25x102

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00015 / 01992

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,162

Year Built

1907

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 856-206-0413
  • MLS Status: Sold - Sold
  • Directions: Ferry st turn right on Polk st.
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Renovated,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1907

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Remarks: PARTIALLY FINISHED

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected

Lot Info

  • Lot Dimensions: 25X102
  • Lot Size Sq Ft: 2548.0

Tax Info

  • Tax Annual Amount: 6162.0
  • Tax Block: 01992
  • Tax Lot: 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2024
Closed on
Dec 4, 2024
Sold by
Anzalone Ashley
Bought by
Dehombre Rene and Cedeno Reinaldo
Seller's Agent
Ryan Oliveira
Vylla Home
Buyer's Agent
Nataly Mendez
Coldwell Banker, Fort Lee
List Price
$629,000
Sold Price
$580,000
Premium/Discount to List
-$49,000
-7.79%
Total Days on Market
67
Views
42
Current Estimated Value
$585,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,012
Avg. Annual Appreciation
2.42%
Original Mortgage
$435,000
Outstanding Balance
$433,414
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$151,598

Purchase Details

Closed on
Aug 23, 2021
Sold by
Resende Holdings Llc
Bought by
Anzalone Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2018
Sold by
Silva Maristane
Bought by
Resende 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
$127,500
Interest Rate
4.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 19, 2007
Sold by
Santos Cleuza
Bought by
Silva Maristane

Purchase Details

Closed on
Aug 23, 2001
Sold by
Estate Of Elizabeth Rzepka
Bought by
Santos Cleuza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,300
Interest Rate
6.99%
Mortgage Type
FHA

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
Dehombre Rene $580,000 Westcor Land Title
Anzalone Ashley -- Old Republic National
Resende Holdings Llc $125,000 --
Silva Maristane -- New Jersey Title Ins Co
Santos Cleuza $216,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dehombre Rene $435,000
Previous Owner Anzalone Ashley $350,000
Previous Owner Resende Holdings Llc $295,400
Previous Owner Resende Holdings Llc $127,500
Previous Owner Silva Maristane $100,000
Previous Owner Santos Cleuza $214,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Sold $580,000 -7.8% --
09/25/2024 09/25/24 Pending -- -- --
07/20/2024 07/20/24 For Sale $629,000 -- --
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 $6,162 $165,300 $70,000 $95,300
2022 $6,176 $165,300 $70,000 $95,300
2021 $6,172 $165,300 $70,000 $95,300
2020 $6,281 $165,300 $70,000 $95,300
2019 $6,217 $165,300 $70,000 $95,300
2018 $6,105 $165,300 $70,000 $95,300
2017 $5,885 $165,300 $70,000 $95,300
2016 $5,686 $165,300 $70,000 $95,300
2015 $5,470 $165,300 $70,000 $95,300
2014 $5,126 $165,300 $70,000 $95,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Ryan Oliveira

    Vylla Home

    (201) 694-1224

    1 in this area

    5 Total Sales

    Ryan Oliveira
    Section Image
  • Nataly Mendez

    Buyer's Agent in 2024

    Nataly Mendez

    Coldwell Banker, Fort Lee

    (201) 461-5000

    1 in this area

    59 Total Sales

    Nataly Mendez
    Section Image
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Map

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Source: New Jersey MLS

MLS Number: 24023367

New Jersey MLS

APN: 14-01992-0000-00015

New Jersey Essex County Newark 07105 Five Corners

115 Polk St, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 115 Polk St, Newark, NJ 07105 since 20 July 2024 and is currently estimated at $585,012. This property was built in 1907. 115 Polk St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Hawkins Street Elementary School, and Oliver Street School.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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