NOT LISTED FOR SALE

18 Speedway Ave Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $469,000 - $563,000

-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold April 25, 2023

Last sale price $230,000

Est. 129% increase in value since last sale

Current estimated payment $3,561/month

21 Days on Market

About This Home

As of April 2023

This home is located at 18 Speedway Ave, Newark, NJ 07106 since 07 March 2023 and is currently estimated at $527,195. This property was built in 1910. 18 Speedway Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Mt. Vernon School.

Last Agent to Sell the Property

QUEENELLA GIBSON-DELPHIN

WEICHERT REALTORS Brokerage Phone: 973-378-8300 Listed on: 03/07/2023

WEICHERT REALTORS

Last Buyer's Agent

QUEENELLA GIBSON-DELPHIN

WEICHERT REALTORS Brokerage Phone: 973-378-8300 Listed on: 03/07/2023

WEICHERT REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,518

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,518

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • County Name: Essex
  • Street Number Display: 18
  • I D: 5206870
  • Modified: 2024-04-26
  • Number Images: 1
  • Attribution Contact: 973-378-8300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 31X100
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2023
Sold by
Salzberg Solomon
Bought by
18 Speedway Holdings Llc
Current Estimated Value
$527,195

Purchase Details

Closed on
Jul 5, 2023
Sold by
18 Speedway Holdings Llc
Bought by
Salzberg Solomon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2023
Closed on
Jun 1, 2023
Sold by
Villa Estates Llc
Bought by
18 Speedway Holdings Llc
Seller's Agent
QUEENELLA GIBSON-DELPHIN
WEICHERT REALTORS
Buyer's Agent
QUEENELLA GIBSON-DELPHIN
WEICHERT REALTORS
List Price
$230,000
Sold Price
$230,000
Views
203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.70%
Original Mortgage
$525,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2023
Closed on
Apr 28, 2023
Sold by
Speedway Investment Llc
Bought by
Villa Estates Llc
Seller's Agent
QUEENELLA GIBSON-DELPHIN
WEICHERT REALTORS
Buyer's Agent
QUEENELLA GIBSON-DELPHIN
WEICHERT REALTORS
List Price
$230,000
Sold Price
$230,000
Views
203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,650
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2018
Sold by
18 Speedway Ave Llc
Bought by
Ellis Nicole S and Greene Aaron D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2018
Sold by
Parch Of Land Leaning Llc
Bought by
18 Speedway Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2014
Sold by
Shaw Cedric
Bought by
18 Speedway Llc

Purchase Details

Closed on
Apr 21, 2008
Sold by
Shaw Rosalie
Bought by
Shaw Cedric
Source: Public Records

Range of Values:

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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 Speedway Holdings Llc -- None Listed On Document
Salzberg Solomon -- None Listed On Document
18 Speedway Holdings Llc $375,000 None Listed On Document
Villa Estates Llc -- Abc Title
Ellis Nicole S $363,000 --
18 Speedway Ave Llc $185,000 --
18 Speedway Llc $75,000 --
18 Speedway Llc $75,000 --
Shaw Cedric $180,000 The Title Professionals Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 18 Speedway Holdings Llc $551,250
Previous Owner Salzberg Solomon $525,000
Previous Owner Villa Estate Llc $311,650
Previous Owner Ellis Nicole S $356,425
Previous Owner Ellis Nicole S $375,000
Previous Owner 18 Speedway Ave Llc $175,000
Previous Owner Shaw Cedric $100,000
Previous Owner Shaw Rosalie $52,048
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Sold $230,000 0.0% --
03/28/2023 03/28/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $230,000 +41.1% --
03/29/2018 03/29/18 Sold $163,000 -14.2% --
11/10/2017 11/10/17 Pending -- -- --
08/03/2017 08/03/17 For Sale $190,000 -- --
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 $8,518 $228,500 $21,700 $206,800
2024 $8,518 $228,500 $21,700 $206,800
2023 $8,537 $228,500 $21,700 $206,800
2022 $8,537 $228,500 $21,700 $206,800
2021 $8,532 $228,500 $21,700 $206,800
2020 $8,683 $228,500 $21,700 $206,800
2019 $5,032 $133,800 $21,700 $112,100
2018 $4,941 $133,800 $21,700 $112,100
2017 $4,763 $133,800 $21,700 $112,100
2016 $4,603 $133,800 $21,700 $112,100
2015 $4,427 $133,800 $21,700 $112,100
2014 $4,149 $133,800 $21,700 $112,100
Source: Public Records

Agents Affiliated with this Home

  • Q

    Seller's Agent in 2023

    QUEENELLA GIBSON-DELPHIN

    WEICHERT REALTORS

    (973) 234-7789

    1 in this area

    40 Total Sales

    QUEENELLA GIBSON-DELPHIN
    Section Image
  • Nicholas Verdi

    Seller's Agent in 2018

    Nicholas Verdi

    KELLER WILLIAMS CITY VIEWS REALTY

    (973) 769-1009

    4 in this area

    169 Total Sales

    Nicholas Verdi
    Section Image
  • William Helfricht

    Buyer's Agent in 2018

    William Helfricht

    UNITED REAL ESTATE

    (888) 501-6953

    47 Total Sales

    William Helfricht
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3831980

Garden State MLS

APN: 14-04004-0000-00012

New Jersey Essex County Newark 07106 Lower Vailsburg

18 Speedway Ave, Newark, NJ

This home is located at 18 Speedway Ave, Newark, NJ 07106 since 07 March 2023 and is currently estimated at $527,195. This property was built in 1910. 18 Speedway Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Mt. Vernon School.

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