NOT LISTED FOR SALE

171 Polk St Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $494,603 - $600,000

-- Bed
-- Bath
-- Sq Ft
1,742 Sq Ft Lot

Last Sold April 30, 2021

Last sale price $370,000

Est. 56% increase in value since last sale

Current estimated payment $3,989/month

31 Days on Market

About This Home

As of April 2021

This home is located at 171 Polk St, Newark, NJ 07105 since 26 December 2020 and is currently estimated at $552,901. This property was built in 1915. 171 Polk St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Hawkins Street Elementary School, and Oliver Street School.

Last Agent to Sell the Property

Wensley J. Arrieta

WEICHERT REALTORS - HOME CITY Brokerage Phone: 973-741-3000 Listed on: 12/26/2020

Last Buyer's Agent

HENRY EISENSTEIN

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,883

Year Built

  • Built in 1915

Lot Details

  • 1,742 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,883

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Year Built: 1915
  • County Name: Essex
  • Street Number Display: 171
  • I D: 5038443
  • Modified: 2022-05-01
  • Number Images: 1
  • Attribution Contact: 973-741-3000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 17.6X100
  • Total Acres: 0.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2020
Closed on
Apr 30, 2021
Sold by
Cascais Nuno Miguel
Bought by
Duffus Khareem
Seller's Agent
Wensley J. Arrieta
WEICHERT REALTORS - HOME CITY
Buyer's Agent
HENRY EISENSTEIN
EXP REALTY, LLC
List Price
$359,900
Sold Price
$370,000
Premium/Discount to List
$10,100
2.81%
Current Estimated Value
$578,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,186
Avg. Annual Appreciation
9.84%
Original Mortgage
$10,000
Outstanding Balance
$1,776
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$551,125

Purchase Details

Listed on
Nov 19, 2013
Closed on
Nov 18, 2013
Sold by
Carvalho Alfredo
Bought by
Cascais Nuno Miguel
Seller's Agent
JOSE FERREIRA
EXIT REALTY LUCKY ASSOCIATES
Buyer's Agent
Nelson Mota
VERIFIED HOMES
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.40%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Duffus Khareem $355,000 Clear Skies Title Agency
Cascais Nuno Miguel $145,000 --
Cascais Nuno Miguel $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duffus Khareem $10,000
Closed Duffus Khareem $10,000
Open Duffus Khareem $348,570
Closed Duffus Khareem $348,570
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $370,000 +2.8% --
01/26/2021 01/26/21 Pending -- -- --
12/26/2020 12/26/20 For Sale $359,900 +148.2% --
11/19/2013 11/19/13 Sold $145,000 -6.5% --
10/07/2013 10/07/13 Sold $155,000 -- --
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 $9,883 $265,100 $62,700 $202,400
2024 $9,883 $265,100 $62,700 $202,400
2022 $9,904 $265,100 $62,700 $202,400
2021 $5,635 $150,900 $62,700 $88,200
2020 $5,734 $150,900 $62,700 $88,200
2019 $5,675 $150,900 $62,700 $88,200
2018 $5,573 $150,900 $62,700 $88,200
2017 $5,372 $150,900 $62,700 $88,200
2016 $5,191 $150,900 $62,700 $88,200
2015 $4,993 $150,900 $62,700 $88,200
2014 $4,679 $150,900 $62,700 $88,200
Source: Public Records

Agents Affiliated with this Home

  • Wensley J. Arrieta

    Seller's Agent in 2021

    Wensley J. Arrieta

    WEICHERT REALTORS - HOME CITY

    (973) 902-2901

    3 in this area

    7 Total Sales

    Section Image

  • H

    Buyer's Agent in 2021

    HENRY EISENSTEIN

    EXP REALTY, LLC

  • J

    Seller's Agent in 2013

    JOSE FERREIRA

    EXIT REALTY LUCKY ASSOCIATES

  • Nelson Mota

    Buyer's Agent in 2013

    Nelson Mota

    VERIFIED HOMES

    (973) 277-1646

    8 in this area

    29 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3684388

Garden State MLS

APN: 14-01983-0000-00047

New Jersey Essex County Newark 07105 South Ironbound

171 Polk St, Newark, NJ

This home is located at 171 Polk St, Newark, NJ 07105 since 26 December 2020 and is currently estimated at $552,901. This property was built in 1915. 171 Polk St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Hawkins Street Elementary School, and Oliver Street School.

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