NOT LISTED FOR SALE

199 S 11th St Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $619,000 - $661,000

9 Beds
3 Baths
-- Sq Ft
2,500 Sq Ft Lot

Last Sold April 06, 2023

Last sale price $605,000

Est. 6% increase in value since last sale

Current estimated payment $4,136/month

8 Days on Market

About This Home

As of April 2023

Fantastic investment opportunity to own a FULLY RENOVATED 3-family home in the heart of University Heights, a block from Central Ave. Minutes to downtown and commute to Penn Station. Two occupied units & one vacant. Great tenants on month-to-month leases with a potential total monthly rent of $5,400. Hardwood floors throughout, all S/S apps, granite countertops, new furnaces & hot water heaters, washer/dryer hookups & so much more! This one really checks all the boxes! Come see it today and don't miss out on this amazing income-producing property!

Last Agent to Sell the Property

Yaritza Bonasio

United Real Estate Listed on: 02/14/2023

United Real Estate

Last Buyer's Agent

Rosa Casacci

RE/MAX SELECT - Westfield

RE/MAX SELECT - Westfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,705

Year Built

  • 1900

Lot Details

  • 2,500

Home Design

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 2,500 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00032 / 01825

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,705

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, Hook Ups
  • Co List Office Phone: 888-501-6953
  • MLS Status: Sold - Sold
  • Directions: 11th Ave into S 11th St
  • Architectural Style: 3 Family
  • Year Built Details: 1980's,2020's,Renovated,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1900

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Basement Remarks: Full,Walkout

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 8705.0
  • Tax Block: 01825
  • Tax Lot: 00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2023
Closed on
Apr 5, 2023
Sold by
199 South I Lth Street Newark
Bought by
Sanni Olamide Victor
Seller's Agent
Yaritza Bonasio
United Real Estate
Buyer's Agent
Rosa Casacci
RE/MAX SELECT - Westfield
List Price
$550,000
Sold Price
$605,000
Premium/Discount to List
$55,000
10%
Total Days on Market
8
Views
119
Current Estimated Value
$642,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,979
Avg. Annual Appreciation
2.85%
Original Mortgage
$584,808
Outstanding Balance
$571,081
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
$71,898

Purchase Details

Closed on
Jan 25, 2021
Sold by
Bonasio Lucas
Bought by
199 South 11Th Street Newark Llc

Purchase Details

Closed on
Sep 22, 2020
Sold by
199 South 11Th Street Newark Llc
Bought by
Bonasio Lucas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2015
Sold by
Zm 30-32 Vine Limited Liability Company and Zm 30-32 Vine Llc
Bought by
Rodriguez Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,022
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2014
Closed on
Aug 25, 2014
Sold by
Kestenbaum Yoel
Bought by
Zm 30-32 Vine Llc
Seller's Agent
Joaquim Ferreira
CORNERSTONE REALTY ASSOCIATES
Buyer's Agent
Jacqueline Balza
INSPIRED DREAM REAL ESTATE
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.97%
Original Mortgage
$125,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2005
Sold by
Mater Home Inc
Bought by
Kestenbaum Yoel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
6.15%

Purchase Details

Closed on
Nov 26, 2003
Sold by
Francis Vivian
Bought by
Y And G Well Done Corp

Purchase Details

Closed on
Aug 20, 1996
Sold by
Johnson Shirley
Bought by
Francis Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.4%
Source: Public Records

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Range of Values:

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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
Sanni Olamide Victor $605,000 First American Title
199 South 11Th Street Newark Llc -- Primary Title Services Llc
Bonasio Lucas -- Primary Title Services
Rodriguez Ricardo $330,000 Land Title
Zm 30-32 Vine Llc $35,000 --
Zm 30-32 Vine Llc $35,000 --
Zm 30-32 Vine Llc $35,000 --
Kestenbaum Yoel $278,000 --
Y And G Well Done Corp $8,110 --
Francis Vivian $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanni Olamide Victor $584,808
Previous Owner Bonasio Lucas $306,500
Previous Owner Rodriguez Ricardo $324,022
Previous Owner Zm 30-32 Vine Llc $125,000
Previous Owner Kestenbaum Yoel $52,150
Previous Owner Kestenbaum Yoel $262,500
Previous Owner Kestenbaum Yoel $222,400
Previous Owner Francis Vivian $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $605,000 +10.0% --
02/22/2023 02/22/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $550,000 +323.1% --
12/20/2018 12/20/18 Sold $130,000 0.0% --
08/24/2018 08/24/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $130,000 +271.4% --
08/25/2014 08/25/14 Sold $35,000 -- --
Source: New Jersey 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
2024 $8,686 $233,000 $31,300 $201,700
2022 $8,705 $233,000 $31,300 $201,700
2021 $8,700 $233,000 $31,300 $201,700
2020 $3,523 $92,700 $31,300 $61,400
2019 $3,486 $92,700 $31,300 $61,400
2018 $3,423 $92,700 $31,300 $61,400
2017 $3,300 $92,700 $31,300 $61,400
2016 $3,189 $92,700 $31,300 $61,400
2015 $3,067 $92,700 $31,300 $61,400
2014 $2,875 $92,700 $31,300 $61,400
Source: Public Records

Agents Affiliated with this Home

  • Yaritza Bonasio

    Seller's Agent in 2023

    Yaritza Bonasio

    United Real Estate

    (201) 212-3335

    3 in this area

    17 Total Sales

    Yaritza Bonasio
    Section Image
  • Rosa Casacci

    Buyer's Agent in 2023

    Rosa Casacci

    RE/MAX

    (716) 913-2521

    1 in this area

    73 Total Sales

    Rosa Casacci
    Section Image
  • Adel Metri

    Seller's Agent in 2018

    Adel Metri

    AMERICAS ELITE GROUP LLC

    (201) 993-2805

    82 Total Sales

    Adel Metri
    Section Image
  • whitney dasilva

    Buyer's Agent in 2018

    whitney dasilva

    ESSENTIAL REAL ESTATE LLC

    (201) 885-0858

    74 Total Sales

    whitney dasilva
    Section Image

  • J

    Seller's Agent in 2014

    Joaquim Ferreira

    CORNERSTONE REALTY ASSOCIATES

    (973) 819-7126

    4 in this area

    60 Total Sales

    Joaquim Ferreira
    Section Image
  • Jacqueline Balza

    Seller Co-Listing Agent in 2014

    Jacqueline Balza

    INSPIRED DREAM REAL ESTATE

    (973) 220-7475

    48 Total Sales

    Jacqueline Balza
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23004305

New Jersey MLS

APN: 14-01825-0000-00032

New Jersey Essex County Newark 07107 Fairmount

199 S 11th St, Newark, NJ

This home is located at 199 S 11th St, Newark, NJ 07107 since 14 February 2023 and is currently estimated at $642,979. This property was built in 1900. 199 S 11th St is a home located in Essex County with nearby schools including Louise A. Spencer School, Hawthorne Avenue Elementary School, and Lincoln Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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