NOT LISTED FOR SALE

15 N 5th St Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $479,000 - $520,000

-- Bed
-- Bath
2,386 Sq Ft
$211/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $300,000 $126 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,456/month

185 Days on Market

About This Home

As of May 2021

This home is located at 15 N 5th St, Newark, NJ 07107 since 16 October 2020 and is currently estimated at $502,538, approximately $210 per square foot. This property was built in 1910. 15 N 5th St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.

Last Agent to Sell the Property

BLOSSOM VERNON

BHHS JORDAN BARIS REALTY Brokerage Phone: 973-736-1600 Listed on: 10/16/2020

Last Buyer's Agent

Mordy Abelesz

EXP REALTY, LLC

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,618

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,618

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • County Name: Essex
  • I D: 5025414
  • Attribution Contact: 973-736-1600
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X96
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
May 5, 2021
Sold by
Malcolm Shabbaz Urben Renewal P4 Llc
Bought by
15 N 5 Llc
Seller's Agent
BLOSSOM VERNON
BHHS JORDAN BARIS REALTY
Buyer's Agent
Mordy Abelesz
EXP REALTY, LLC
List Price
$369,000
Sold Price
$300,000
Premium/Discount to List
-$69,000
-18.7%
Current Estimated Value
$502,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,538
Avg. Annual Appreciation
12.03%
Original Mortgage
$225,000
Outstanding Balance
$203,587
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$298,951

Purchase Details

Closed on
May 17, 2013
Sold by
15 North 5Th Llc
Bought by
Malcolm Shabbaz Urb

Purchase Details

Closed on
May 24, 2011
Sold by
Bayview Loan Servicing Llc
Bought by
15 North 5Th Llc

Purchase Details

Closed on
Feb 17, 2011
Sold by
Mallon Timothy
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Aug 29, 2007
Sold by
Herzka David
Bought by
Mallon Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,410
Interest Rate
10.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2002
Sold by
Hatzlucha Houses Llc
Bought by
Herzka David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.34%

Purchase Details

Closed on
Mar 27, 1989
Sold by
Scott William
Bought by
Scott William and Scott Carr,Pearl J

Purchase Details

Closed on
Feb 17, 1989
Sold by
Scott William and Scott Carr,Pearl J
Bought by
Scott William
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
15 N 5 Llc $300,000 Chicago Title
Malcolm Shabbaz Urb $145,000 --
Urb Malcolm Shabbaz $145,000 --
15 North 5Th Llc $40,000 None Available
Bayview Loan Servicing Llc -- None Available
Mallon Timothy $274,900 New Jersey Land Title
Herzka David $180,000 --
Scott William -- --
Scott William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 15 N 5 Llc $225,000
Previous Owner Mallon Timothy $247,410
Previous Owner Herzka David $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2024 09/04/24 For Rent $2,100 0.0% --
05/10/2021 05/10/21 Sold $300,000 -14.0% $126 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
11/12/2020 11/12/20 Price Changed $349,000 -5.4% $146 / Sq Ft
10/16/2020 10/16/20 For Sale $369,000 -- $155 / Sq Ft
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 $9,618 $170,800 $20,800 $150,000
2024 $9,618 $170,800 $20,800 $150,000
2022 $9,639 $258,000 $20,800 $237,200
2021 $3,723 $99,700 $20,800 $78,900
2020 $3,789 $99,700 $20,800 $78,900
2019 $3,750 $99,700 $20,800 $78,900
2018 $3,682 $99,700 $20,800 $78,900
2017 $3,549 $99,700 $20,800 $78,900
2016 $3,430 $99,700 $20,800 $78,900
2015 $3,299 $99,700 $20,800 $78,900
2014 $3,092 $99,700 $20,800 $78,900
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    BLOSSOM VERNON

    BHHS JORDAN BARIS REALTY

  • M

    Buyer's Agent in 2021

    Mordy Abelesz

    EXP REALTY, LLC

    (347) 243-7060

    2 in this area

    94 Total Sales

    Mordy Abelesz
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Map

Source: Garden State MLS

MLS Number: 3672565

Garden State MLS

APN: 14-01849-0000-00031

New Jersey Essex County Newark 07107 Fairmount

15 N 5th St, Newark, NJ

Not Listed for Sale

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