NOT LISTED FOR SALE

124 S 11th St Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $465,000 - $674,240

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold July 22, 2019

Last sale price $145,000

Est. 286% increase in value since last sale

Current estimated payment $3,729/month

144 Days on Market

About This Home

As of July 2019

This home is located at 124 S 11th St, Newark, NJ 07107 since 07 February 2019 and is currently estimated at $559,560. 124 S 11th St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Harriet Tubman School, and Camden Street Elementary School.

Last Agent to Sell the Property

OSCAR CASTRO

OPTION 1 REALTY GROUP, LLC Brokerage Phone: 888-501-6953 Listed on: 02/07/2019

Last Buyer's Agent

OSCAR CASTRO

OPTION 1 REALTY GROUP, LLC Brokerage Phone: 888-501-6953 Listed on: 02/07/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,650

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,650

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 124
  • I D: 4869065
  • Modified: 2020-07-23
  • Number Images: 1
  • Attribution Contact: 888-501-6953
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2019
Closed on
Jul 19, 2019
Sold by
Nwabudike Ezemuife M
Bought by
L & L Ventures Llc
Seller's Agent
OSCAR CASTRO
OPTION 1 REALTY GROUP, LLC
Buyer's Agent
OSCAR CASTRO
OPTION 1 REALTY GROUP, LLC
List Price
$185,000
Sold Price
$145,000
Premium/Discount to List
-$40,000
-21.62%
Current Estimated Value
$559,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,560
Avg. Annual Appreciation
25.10%

Purchase Details

Closed on
Feb 8, 2006
Sold by
T&J Contractors Inc
Bought by
Nwabudike Ezemuife

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
8.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 23, 2004
Sold by
Mincey Jesse Lee
Bought by
T&J Contractors Inc

Purchase Details

Closed on
Sep 29, 1998
Sold by
Lee Minnie
Bought by
Mincey Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
6.85%

Purchase Details

Closed on
Sep 19, 1998
Sold by
Lee Minnie
Bought by
Mincy Jessie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
6.85%

Purchase Details

Closed on
Mar 28, 1990
Sold by
Lee Minnie
Bought by
Lee Minnie
Source: Public Records

Range of Values:

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
L & L Ventures Llc $145,000 Fortuna Title
Nwabudike Ezemuife $410,000 --
T&J Contractors Inc $70,000 --
Mincey Jesse $25,000 --
Mincy Jessie $25,000 --
Mincy Jessie $25,000 --
Lee Minnie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open L & L Ventures Llc $400,000
Closed L & L Ventures Llc $350,000
Closed L & L Ventures Llc $317,250
Previous Owner Nwabudike Ezemuife $328,000
Previous Owner T & J Contractors Inc $1,699,300
Previous Owner Mincey Jesse $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2019 07/22/19 Sold $145,000 -21.6% --
07/01/2019 07/01/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $185,000 -- --
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 $7,650 $205,200 $21,300 $183,900
2024 $7,650 $205,200 $21,300 $183,900
2022 $7,666 $205,200 $21,300 $183,900
2021 $7,662 $205,200 $21,300 $183,900
2020 $7,798 $205,200 $21,300 $183,900
2019 $7,718 $205,200 $21,300 $183,900
2018 $7,578 $205,200 $21,300 $183,900
2017 $7,305 $205,200 $21,300 $183,900
2016 $7,059 $205,200 $21,300 $183,900
2015 $6,790 $205,200 $21,300 $183,900
2014 $6,363 $205,200 $21,300 $183,900
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2019

    OSCAR CASTRO

    OPTION 1 REALTY GROUP, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3530480

Garden State MLS

APN: 14-01857-0000-00046

New Jersey Essex County Newark 07107 Fairmount

124 S 11th St, Newark, NJ

This home is located at 124 S 11th St, Newark, NJ 07107 since 07 February 2019 and is currently estimated at $559,560. 124 S 11th St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Harriet Tubman School, and Camden Street Elementary School.

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