115 Polk St Newark, NJ 07105
Five Corners Neighborhood
4
Beds
2
Baths
--
Sq Ft
2,548
Sq Ft Lot
About This Home
As of December 2024Discover 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.
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
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
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
1.77%
Original Mortgage
$435,000
Outstanding Balance
$433,012
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$152,000
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
New Conventional
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
Similar Home in Newark, NJ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $580,000 | Westcor Land Title | |
| Deed | -- | Old Republic National | |
| Deed | $125,000 | -- | |
| Bargain Sale Deed | -- | New Jersey Title Ins Co | |
| Deed | $216,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $435,000 | New Conventional | |
| Previous Owner | $350,000 | New Conventional | |
| Previous Owner | $295,400 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $127,500 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $214,300 | FHA |
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
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
-
Ryan Oliveira
R
Seller's Agent in 2024
Ryan Oliveira
Vylla Home
(201) 694-1224
1 in this area
5 Total Sales
-
Nataly Mendez
Buyer's Agent in 2024
Nataly Mendez
Coldwell Banker, Fort Lee
(201) 461-5000
1 in this area
57 Total Sales
Map
Source: New Jersey MLS
MLS Number: 24023367
APN: 14-01992-0000-00015
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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