NOT LISTED FOR SALE

19 Merchant Place Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $420,141 - $548,000

-- Bed
-- Bath
-- Sq Ft
1,596 Sq Ft Lot

Last Sold August 17, 2016

Last sale price $250,000

Est. 96% increase in value since last sale

Current estimated payment $2,985/month

87 Days on Market

About This Home

As of August 2016

This home is located at 19 Merchant Place, Newark, NJ 07105 since 11 May 2016 and is currently estimated at $490,535. 19 Merchant Place 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

Michael Rosa

ROSA AGENCY Brokerage Phone: 973-589-7550 Listed on: 05/11/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,731

Lot Details

  • 1,596 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,731

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 19
  • I D: 4625071
  • Modified: 2017-08-18
  • Number Images: 1
  • Attribution Contact: 973-589-7550
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 1596 SF

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
Aug 15, 2016
Sold by
Rodrigues Joao and Rodrigues Adosinha
Bought by
Jardlm Orlando S and Plta Maria P S
Seller's Agent
Michael Rosa
ROSA AGENCY
List Price
$274,900
Sold Price
$250,000
Premium/Discount to List
-$24,900
-9.06%
Current Estimated Value
$490,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,535
Avg. Annual Appreciation
7.15%

Purchase Details

Closed on
Jun 16, 1997
Sold by
Mcduffie Vivian
Bought by
Rodrigues Joao and Rodrigues Adosinha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.81%
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
Jardlm Orlando S $250,000 None Available
Rodrigues Joao $126,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodrigues Joao $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2016 08/17/16 Sold $250,000 -9.1% --
08/06/2016 08/06/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $274,900 -- --
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 $4,731 $126,900 $56,700 $70,200
2024 $4,731 $126,900 $56,700 $70,200
2022 $4,741 $126,900 $56,700 $70,200
2021 $4,992 $133,700 $56,700 $77,000
2020 $5,081 $133,700 $56,700 $77,000
2019 $5,028 $133,700 $56,700 $77,000
2018 $4,938 $133,700 $56,700 $77,000
2017 $4,760 $133,700 $56,700 $77,000
2016 $4,599 $133,700 $56,700 $77,000
2015 $4,424 $133,700 $56,700 $77,000
2014 $4,146 $133,700 $56,700 $77,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Rosa

    Seller's Agent in 2016

    Michael Rosa

    ROSA AGENCY

    (908) 289-5200

    17 in this area

    129 Total Sales

    Michael Rosa
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Map

Source: Garden State MLS

MLS Number: 3305585

Garden State MLS

APN: 14-01981-0000-00058-02

New Jersey Essex County Newark 07105 South Ironbound

19 Merchant Place, Newark, NJ

This home is located at 19 Merchant Place, Newark, NJ 07105 since 11 May 2016 and is currently estimated at $490,535. 19 Merchant Place 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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