NOT LISTED FOR SALE

15 Edwin Place Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $490,000 - $626,000

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

Last Sold January 14, 2022

Last sale price $426,000

Est. 29% increase in value since last sale

Current estimated payment $3,584/month

24 Days on Market

About This Home

As of January 2022

This home is located at 15 Edwin Place, Newark, NJ 07112 since 14 September 2021 and is currently estimated at $548,952. This property was built in 1925. 15 Edwin Place is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Chancellor Avenue School, and Peshine Avenue Elementary School.

Last Agent to Sell the Property

INGRID CASSIDY

COLDWELL BANKER REALTY Brokerage Phone: 201-798-3300 Listed on: 09/14/2021

Last Buyer's Agent

ALNISE HODGES

EXIT PLATINUM REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,224

Year Built

  • Built in 1925

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,224

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • County Name: Essex
  • Street Number Display: 15
  • I D: 5103186
  • Modified: 2023-01-15
  • Number Images: 1
  • Attribution Contact: 201-798-3300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 22.6X120.2
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Dec 16, 2021
Sold by
Cassidy Cornelius
Bought by
Chance Elexia
Seller's Agent
INGRID CASSIDY
COLDWELL BANKER REALTY
Buyer's Agent
ALNISE HODGES
EXIT PLATINUM REALTY
List Price
$425,000
Sold Price
$426,000
Premium/Discount to List
$1,000
0.24%
Current Estimated Value
$548,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,952
Avg. Annual Appreciation
7.11%
Original Mortgage
$418,284
Interest Rate
3.45%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2018
Sold by
162 Fulton Ave Llc
Bought by
Cassidy Cornelius

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
5.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 14, 2018
Closed on
Sep 12, 2018
Sold by
Mitchell Linda R
Bought by
162 Fulton Ave Llc
Seller's Agent
Rosmena DeSa
RE/MAX NEW MILLENNIUM GROUP
Buyer's Agent
Rosmena DeSa
RE/MAX NEW MILLENNIUM GROUP
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.65%

Purchase Details

Closed on
Apr 18, 1997
Sold by
Wilkins Bocker
Bought by
Mitchell Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.88%
Mortgage Type
FHA
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
Chance Elexia $426,000 Elite Title
Cassidy Cornelius -- Guardian Title
162 Fulton Ave Llc $125,000 --
Mitchell Linda $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chance Elexia $418,284
Previous Owner Cassidy Cornelius $153,000
Previous Owner Mitchell Linda R $82,500
Previous Owner Mitchell Linda R $105,000
Previous Owner Mitchell Linda R $137,000
Previous Owner Mitchell Linda $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $426,000 +0.2% --
10/08/2021 10/08/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $425,000 +240.0% --
10/04/2018 10/04/18 Sold $125,000 0.0% --
06/12/2018 06/12/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $125,000 -- --
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 $8,224 $220,600 $27,800 $192,800
2024 $8,224 $220,600 $27,800 $192,800
2022 $5,339 $142,900 $27,800 $115,100
2021 $5,336 $142,900 $27,800 $115,100
2020 $5,430 $142,900 $27,800 $115,100
2019 $5,374 $142,900 $27,800 $115,100
2018 $5,277 $142,900 $27,800 $115,100
2017 $5,087 $142,900 $27,800 $115,100
2016 $4,916 $142,900 $27,800 $115,100
2015 $4,729 $142,900 $27,800 $115,100
2014 $4,431 $142,900 $27,800 $115,100
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2022

    INGRID CASSIDY

    COLDWELL BANKER REALTY

  • A

    Buyer's Agent in 2022

    ALNISE HODGES

    EXIT PLATINUM REALTY

  • Rosmena DeSa

    Seller's Agent in 2018

    Rosmena DeSa

    RE/MAX

    (908) 456-7159

    4 in this area

    81 Total Sales

    Rosmena DeSa
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3740540

Garden State MLS

APN: 14-03053-0000-00024

New Jersey Essex County Newark 07112 Weequahic

15 Edwin Place, Newark, NJ

This home is located at 15 Edwin Place, Newark, NJ 07112 since 14 September 2021 and is currently estimated at $548,952. This property was built in 1925. 15 Edwin Place is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Chancellor Avenue School, and Peshine Avenue Elementary School.

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