NOT LISTED FOR SALE

1205 Broad St Newark, NJ 07114

South Broad Valley Neighborhood

Estimated Value: $1,764,000 - $2,138,000

1 Bed
-- Bath
500 Sq Ft
$3,902/Sq Ft Est. Value

About This Home

This home is located at 1205 Broad St, Newark, NJ 07114 and is currently estimated at $1,951,000, approximately $3,902 per square foot. 1205 Broad St is a home located in Essex County with nearby schools including Louise A. Spencer School, Belmont Runyon School, and Peshine Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2024
Sold by
1203-1205 Broad Nj Llc
Bought by
1203-1205 Broad De Llc
Current Estimated Value
$1,951,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,127,500
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2023
Sold by
1203 Broad Street Limited Liability Comp
Bought by
1203-1205 Broad Nj Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,850,000
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2014
Bought by
1203 Broad Street Llc

Purchase Details

Closed on
Mar 23, 2004
Sold by
Petrillo Thomas
Bought by
St 1205 Broad

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
1203-1205 Broad De Llc -- None Listed On Document
1203-1205 Broad Nj Llc $5,500,000 Cross Bridge Title
1203 Broad Street Llc $1,285,000 --
St 1205 Broad $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1203-1205 Broad De Llc $4,127,500
Previous Owner 1203-1205 Broad Nj Llc $3,850,000
Previous Owner 506 Route 17 Ramsey Llc $5,500,000
Previous Owner 1203 Broad Street L L C $1,325,000
Source: Public Records

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 $25,984 $697,000 $320,000 $377,000
2022 $26,040 $697,000 $320,000 $377,000
2021 $26,026 $697,000 $320,000 $377,000
2020 $26,486 $697,000 $320,000 $377,000
2019 $26,214 $697,000 $320,000 $377,000
2018 $25,740 $697,000 $320,000 $377,000
2017 $24,813 $697,000 $320,000 $377,000
2016 $28,105 $817,000 $320,000 $497,000
2015 $27,035 $817,000 $320,000 $497,000
2014 $25,335 $817,000 $320,000 $497,000
Source: Public Records

Map

New Jersey Essex County Newark 07114 South Broad Valley

1205 Broad St, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 1205 Broad St, Newark, NJ 07114 and is currently estimated at $1,951,000, approximately $3,902 per square foot. 1205 Broad St is a home located in Essex County with nearby schools including Louise A. Spencer School, Belmont Runyon School, and Peshine Avenue Elementary School.

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.