NOT LISTED FOR SALE

229 Elm St Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $663,459 - $774,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold November 11, 2021

Last sale price $475,000

Est. 56% increase in value since last sale

Current estimated payment $4,766/month

70 Days on Market

About This Home

As of November 2021

This home is located at 229 Elm St, Newark, NJ 07105 since 11 July 2021 and is currently estimated at $711,865. 229 Elm St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

Last Agent to Sell the Property

Tina Torres

RE/MAX LIFETIME REALTORS Brokerage Phone: 908-688-2828 Listed on: 07/11/2021

RE/MAX LIFETIME REALTORS

Last Buyer's Agent

MARIO SECA

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 5068484
  • Attribution Contact: 908-688-2828
  • 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

Listed on
Jul 11, 2021
Closed on
Nov 5, 2021
Sold by
229 Elm Street Llc
Bought by
Correia Mario
Seller's Agent
Tina Torres
RE/MAX LIFETIME REALTORS
Buyer's Agent
MARIO SECA
COLDWELL BANKER REALTY
List Price
$499,900
Sold Price
$475,000
Premium/Discount to List
-$24,900
-4.98%
Current Estimated Value
$739,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,591
Avg. Annual Appreciation
10.40%
Original Mortgage
$388,000
Outstanding Balance
$355,535
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$356,330

Purchase Details

Closed on
Jul 1, 2016
Sold by
Rebimbas Jose D
Bought by
229 Elm Street Llc

Purchase Details

Closed on
Jul 9, 1976
Bought by
Rebimbas Domingos J and Rebimbas Albertina
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Correia Mario $485,000 Acres Land Title Agency Inc
229 Elm Street Llc -- None Available
Rebimbas Domingos J $28,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correia Mario $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2021 11/11/21 Sold $475,000 -5.0% --
09/24/2021 09/24/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $499,900 -- --
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 $10,517 $282,100 $75,000 $207,100
2024 $10,517 $282,100 $75,000 $207,100
2022 $7,401 $198,100 $75,000 $123,100
2021 $7,397 $198,100 $75,000 $123,100
2020 $7,528 $198,100 $75,000 $123,100
2019 $7,451 $198,100 $75,000 $123,100
2018 $7,316 $198,100 $75,000 $123,100
2017 $7,052 $198,100 $75,000 $123,100
2016 $6,815 $198,100 $75,000 $123,100
2015 $6,555 $198,100 $75,000 $123,100
2014 $6,143 $198,100 $75,000 $123,100
Source: Public Records

Agents Affiliated with this Home

  • Tina Torres

    Seller's Agent in 2021

    Tina Torres

    RE/MAX

    (973) 332-3022

    8 in this area

    203 Total Sales

    Tina Torres
    Section Image

  • M

    Buyer's Agent in 2021

    MARIO SECA

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3726529

Garden State MLS

APN: 14-01977-0000-00021

New Jersey Essex County Newark 07105 South Ironbound

229 Elm St, Newark, NJ

Not Listed for Sale

MultiFamily

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes