NOT LISTED FOR SALE

229 N 5th St Newark, NJ 07107

Lower Roseville Neighborhood

Estimated Value: $644,848 - $763,000

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

Last Sold July 13, 2021

Last sale price $470,000

Est. 50% increase in value since last sale

Current estimated payment $4,414/month

49 Days on Market

About This Home

As of July 2021

This home is located at 229 N 5th St, Newark, NJ 07107 since 14 April 2021 and is currently estimated at $705,962. This property was built in 2004. 229 N 5th St is a home located in Essex County with nearby schools including Dr. William H. Horton School, Franklin School, and First Avenue Elementary School.

Last Agent to Sell the Property

Michele DeStefano

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 04/14/2021

EXP REALTY, LLC

Last Buyer's Agent

JEAN NOEL

GOLD STANDARD REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,052

Year Built

  • Built in 2004

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,052

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Year Built: 2004
  • County Name: Essex
  • Street Number Display: 229
  • I D: 5059955
  • Modified: 2022-07-14
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • 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
Apr 14, 2021
Closed on
Jul 7, 2021
Sold by
Plummer Desriee J
Bought by
Afolayan Oluwakemi
Seller's Agent
Michele DeStefano
EXP REALTY, LLC
Buyer's Agent
JEAN NOEL
GOLD STANDARD REALTY
List Price
$450,000
Sold Price
$470,000
Premium/Discount to List
$20,000
4.44%
Current Estimated Value
$705,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,962
Avg. Annual Appreciation
9.95%
Original Mortgage
$444,647
Outstanding Balance
$405,549
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$295,699

Purchase Details

Listed on
Mar 27, 2015
Closed on
Mar 20, 2015
Sold by
Adams Romaneo and Adams Carmen
Bought by
Plummer Desriee
Seller's Agent
Mario Freeman
KELLER WILLIAMS PARK VIEWS
Buyer's Agent
Mario Freeman
KELLER WILLIAMS PARK VIEWS
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.52%

Purchase Details

Closed on
Mar 9, 2004

Purchase Details

Closed on
Oct 24, 2000
Sold by
Jb Construction Inc
Bought by
Adams Romaneo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,800
Interest Rate
7.83%

Purchase Details

Closed on
Dec 15, 1998
Sold by
Monroe Urban
Bought by
Jb Construction

Purchase Details

Closed on
Jan 6, 1997
Sold by
Monroe Urban
Bought by
Halley Erwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000
Interest Rate
7.36%

Purchase Details

Closed on
Apr 12, 1989
Sold by
Krichman Monroe
Bought by
Monroe Urban Renewal Corp
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Afolayan Oluwakemi $460,000 Title Experts Llc
Plummer Desriee $200,000 --
-- -- --
Adams Romaneo $171,000 --
Jb Construction $22,000 --
Halley Erwin $16,000 --
Monroe Urban Renewal Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Afolayan Oluwakemi $444,647
Previous Owner Adams Romaneo $165,800
Previous Owner Halley Erwin $13,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2021 07/13/21 Sold $470,000 +4.4% --
06/07/2021 06/07/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $450,000 0.0% --
05/04/2021 05/04/21 Pending -- -- --
04/18/2021 04/18/21 For Sale $450,000 +125.0% --
03/27/2015 03/27/15 Sold $200,000 -- --
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 $8,052 $216,000 $18,800 $197,200
2024 $8,052 $216,000 $18,800 $197,200
2023 $8,070 $216,000 $18,800 $197,200
2022 $8,070 $216,000 $18,800 $197,200
2021 $6,695 $179,300 $18,800 $160,500
2020 $6,813 $179,300 $18,800 $160,500
2019 $6,743 $179,300 $18,800 $160,500
2018 $6,622 $179,300 $18,800 $160,500
2017 $6,383 $179,300 $18,800 $160,500
2016 $6,168 $179,300 $18,800 $160,500
2015 $5,933 $179,300 $18,800 $160,500
2014 $5,560 $179,300 $18,800 $160,500
Source: Public Records

Agents Affiliated with this Home

  • Michele DeStefano

    Seller's Agent in 2021

    Michele DeStefano

    EXP REALTY, LLC

    (201) 429-0399

    1 in this area

    77 Total Sales

    Michele DeStefano
    Section Image

  • J

    Buyer's Agent in 2021

    JEAN NOEL

    GOLD STANDARD REALTY

  • M

    Seller's Agent in 2015

    Mario Freeman

    KELLER WILLIAMS PARK VIEWS

    (973) 202-5078

    2 Total Sales

    Mario Freeman
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3704995

Garden State MLS

APN: 14-01915-0000-00044

New Jersey Essex County Newark 07107 Lower Roseville

229 N 5th St, Newark, NJ

This home is located at 229 N 5th St, Newark, NJ 07107 since 14 April 2021 and is currently estimated at $705,962. This property was built in 2004. 229 N 5th St is a home located in Essex County with nearby schools including Dr. William H. Horton School, Franklin School, and First Avenue Elementary School.

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