NOT LISTED FOR SALE

Estimated Value: $388,000 - $585,522

8 Beds
3 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold July 06, 2021

Last sale price $240,000

Est. 120% increase in value since last sale

Current estimated payment $3,435/month

6 Days on Market

About This Home

As of July 2021

This home is located at 220 N 5th St, Newark, NJ 07107 since 19 May 2021 and is currently estimated at $526,881. 220 N 5th St is a home located in Essex County with nearby schools including Dr. William H. Horton Elementary School, Franklin School, and First Avenue Elementary School.

Last Agent to Sell the Property

EYAL LEVY

KELLER WILLIAMS PARK VIEWS Brokerage Phone: 973-705-5561 Listed on: 05/19/2021

Last Buyer's Agent

EYAL LEVY

KELLER WILLIAMS PARK VIEWS Brokerage Phone: 973-705-5561 Listed on: 05/19/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,669

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,669

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 220
  • I D: 5073339
  • Modified: 2022-07-07
  • Number Images: 1
  • Attribution Contact: 973-705-5561
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2022
Sold by
220 N 5Th Holdings Llc
Bought by
220 N 5Th Realty Llc
Current Estimated Value
$526,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$462,094
Interest Rate
5.55%
Mortgage Type
Construction
Estimated Equity
$64,787

Purchase Details

Listed on
May 19, 2021
Closed on
Jun 29, 2021
Sold by
Major Properties Llc
Bought by
220 N 5Th Holdings Llc
Seller's Agent
EYAL LEVY
KELLER WILLIAMS PARK VIEWS
Buyer's Agent
EYAL LEVY
KELLER WILLIAMS PARK VIEWS
List Price
$220,000
Sold Price
$240,000
Premium/Discount to List
$20,000
9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.97%
Original Mortgage
$55,000
Interest Rate
2.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 22, 2016
Sold by
Fannie Mae
Bought by
Harness Homes Group Llc

Purchase Details

Closed on
Aug 21, 2015
Sold by
Ocwen Loan Servicingllc
Bought by
Federal National Mortgage Assoc

Purchase Details

Closed on
Apr 15, 2015
Sold by
King Allison
Bought by
Ocwen Loan Servicing

Purchase Details

Closed on
Dec 2, 2005
Sold by
220 North 5Th Street Trust
Bought by
King Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 1996
Sold by
Urban Resource
Bought by
Colon Edwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.83%
Source: Public Records

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Range of Values:

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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
220 N 5Th Realty Llc -- --
220 N 5Th Holdings Llc $240,000 Dekel Abstract Llc
Harness Homes Group Llc $78,500 None Available
Federal National Mortgage Assoc -- --
Ocwen Loan Servicing -- --
King Allison $325,000 --
Colon Edwin $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 220 N 5Th Realty Llc $480,000
Previous Owner 220 N5th Holdings Llc $55,000
Previous Owner 220 N 5Th Holdings Llc $375,000
Previous Owner 220 N 5Th Holdings Llc $375,000
Previous Owner King Allison $57,000
Previous Owner King Allison $299,200
Previous Owner King Allison $260,000
Previous Owner Colon Edwin $124,000
Closed Harness Homes Group Llc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 Sold $240,000 +9.1% --
05/25/2021 05/25/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $220,000 -- --
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
2024 $7,669 $205,700 $18,800 $186,900
2023 $7,685 $205,700 $18,800 $186,900
2022 $7,685 $205,700 $18,800 $186,900
2021 $4,817 $129,000 $18,800 $110,200
2020 $4,902 $129,000 $18,800 $110,200
2019 $4,852 $129,000 $18,800 $110,200
2018 $4,764 $129,000 $18,800 $110,200
2017 $4,592 $129,000 $18,800 $110,200
2016 $4,438 $129,000 $18,800 $110,200
2015 $4,269 $129,000 $18,800 $110,200
2014 $4,000 $129,000 $18,800 $110,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3714129

Garden State MLS

APN: 14-01916-0000-00021