NOT LISTED FOR SALE

18 Jay St Newark, NJ 07103

University Heights Neighborhood

Estimated Value: $562,000 - $2,315,278

1 Bed
1 Bath
-- Sq Ft
2,831 Sq Ft Lot

About This Home

This home is located at 18 Jay St, Newark, NJ 07103 and is currently estimated at $1,438,639. 18 Jay 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2020
Sold by
Jay Street Equity Llc
Bought by
18 Jay Street Velvel Llc
Current Estimated Value
$1,438,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2017
Sold by
Hdw Jay St Llc
Bought by
Jay Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 2012
Sold by
18 Jay Street Llc
Bought by
Hdw Jay St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 15, 2012
Sold by
The Bell Core Group Llc
Bought by
18 Jay Street Llc

Purchase Details

Closed on
Apr 13, 2007
Sold by
Champion Reefs Llc
Bought by
The Bell Core Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
6.27%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 6, 2004
Sold by
Stuyvesant Yale Corp
Bought by
Reefs Champion
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
18 Jay Street Velvel Llc $1,680,000 Stewart Title Guaranty Co
18 Jay Street Velvel Llc $1,680,000 Stewart Title
Jay Street Llc $975,000 Acres Land Title
Hdw Jay St Llc $425,000 East Coast Title Agency
18 Jay Street Llc $15,000 None Available
The Bell Core Group Llc $525,000 Horizon Title Agency Inc
Reefs Champion $462,765 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 18 Jay Street Velvel Llc $1,875,000
Previous Owner 18 Jay Street Velvel Llc $1,440,000
Previous Owner 18 Jay Street Velvel Llc $1,440,000
Previous Owner 18 Jay Street Velvel Llc $1,440,000
Previous Owner 18 Jay St Llc $730,000
Previous Owner 18 Jay St Llc $0
Previous Owner Jay Street Llc $730,000
Previous Owner Hdw Jay St Llc $450,000
Previous Owner The Bell Core Group Llc $525,000
Previous Owner The Bell Core Group Llc $495,000
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 $46,600 $1,250,000 $320,000 $930,000
2023 $46,700 $1,250,000 $320,000 $930,000
2022 $46,700 $1,250,000 $320,000 $930,000
2021 $41,074 $1,100,000 $320,000 $780,000
2020 $41,800 $1,100,000 $320,000 $780,000
2019 $34,541 $918,400 $320,000 $598,400
2018 $33,917 $918,400 $320,000 $598,400
2017 $32,695 $918,400 $320,000 $598,400
2016 $31,593 $918,400 $320,000 $598,400
2015 $30,390 $918,400 $320,000 $598,400
2014 $28,480 $918,400 $320,000 $598,400
Source: Public Records

Map

New Jersey Essex County Newark 07103 University Heights

18 Jay St, Newark, NJ

This home is located at 18 Jay St, Newark, NJ 07103 and is currently estimated at $1,438,639. 18 Jay 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.

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