This home is located at 243 N 11th St Unit 3, Newark, NJ 07107 since 24 February 2014 and is currently estimated at $530,266. This property was built in 1903. 243 N 11th St Unit 3 is a home located in Essex County with nearby schools including Dr. William H. Horton Elementary School, First Avenue Elementary School, and Franklin School.
Last Agent to Sell the Property
WILSON MERCHAN
MERCHAN TEAM REALTY LLC.Listed on: 02/24/2014
Last Buyer's Agent
WILSON MERCHAN
MERCHAN TEAM REALTY LLC.Listed on: 02/24/2014
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,204
Year Built
1903
Lot Details
3,049 Sq Ft Lot
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,204
Year Built
1903
Lot Details
0
Listing Details
County Name: Essex
Street Number Display: 243
I D: 4396440
Modified: 2021-09-23
Number Images: 0
MLS Status: Sold
Special Features: None
Property Sub Type: MultiFamily
Year Built (Public Record): 1903
Lot Info
Lot Size: 30X100
Total Acres: 0.07
Ownership History
DateNameOwned ForOwner Type
Mar 2025 - PresentLandsberg Michael3 Months
Private Individual
Purchase Details
Closed on
Mar 20, 2025
Sold by
243 North 11Th Street Associates Llc
Bought by
Landsberg Michael
Total Days on Market
0
Current Estimated Value
$530,266
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$472,094
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$53,507
Mar 2015 - Mar 2025243 N 11Th Street Association Llc10 Years
Company
Purchase Details
Closed on
Mar 30, 2015
Sold by
Landsberg Michael
Bought by
243 N 11Th Street Association Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
3.15%
Mortgage Type
Purchase Money Mortgage
Feb 2015 - Mar 2015Landsberg Michael1 Month
Private Individual
Purchase Details
Closed on
Feb 2, 2015
Sold by
243 N 11Th Street Associates Llc
Bought by
Landsberg Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
3.15%
Mortgage Type
Purchase Money Mortgage
Feb 2014 - Feb 2015Landsberg Michael1 Year
Private Individual
Purchase Details
Listed on
Feb 24, 2014
Closed on
Feb 21, 2014
Sold by
Lall Mahase
Bought by
Landsberg Michael
Seller's Agent
WILSON MERCHAN
MERCHAN TEAM REALTY LLC.
Buyer's Agent
WILSON MERCHAN
MERCHAN TEAM REALTY LLC.
Sold Price
$56,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.96%
Original Mortgage
$56,000
Interest Rate
4.39%
Sep 2005 - Feb 2014Lall Mahase and Narinedhat Nalini8 Years and 5 Months
Private Individual
Purchase Details
Closed on
Sep 29, 2005
Sold by
Siguencia Claudio
Bought by
Lall Mahase and Narinedhat Nalini
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
5.78%
Aug 2001 - Sep 2005Siguencia Claudio4 Years and 1 Month
Private Individual
Purchase Details
Closed on
Aug 27, 2001
Sold by
Hud
Bought by
Siguencia Claudio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,300
Interest Rate
6.89%
May 1996 - Aug 2001Land Bruce5 Years and 3 Months
Private Individual
Purchase Details
Closed on
May 9, 1996
Sold by
Venero Reinald
Bought by
Land Bruce
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
This four-family property located in the bustling heart of Newark, New Jersey, offers a unique investment opportunity with substantial income potential. Each unit features two bedrooms and one bathroom, boasting spacious layouts and modern amenities. l. Conveniently situated near public transportation, local shops, and essential services, this property promises a steady rental market. The
CHRISTOPHER VELASTEGUIKeller Williams City Views Realty
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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
Landsberg Michael
--
None Listed On Document
243 N 11Th Street Association Llc
--
None Available
Landsberg Michael
--
None Available
Landsberg Michael
--
None Available
Lall Mahase
$390,000
--
Siguencia Claudio
$141,363
--
Land Bruce
$127,500
--
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
Landsberg Michael
$472,500
Previous Owner
Landsberg Michael
$161,000
Previous Owner
Landsberg Michael
$56,000
Previous Owner
Lall Mahase
$360,000
Previous Owner
Lall Mahase
$351,000
Previous Owner
Siguencia Claudio
$113,300
Previous Owner
Land Bruce
$125,000
Closed
243 N 11Th Street Association Llc
--
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
02/24/201402/24/14
Sold
$56,000
--
--
Source: Garden State MLS
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 243 N 11th St Unit 3, Newark, NJ 07107 since 24 February 2014 and is currently estimated at $530,266. This property was built in 1903. 243 N 11th St Unit 3 is a home located in Essex County with nearby schools including Dr. William H. Horton Elementary School, First Avenue Elementary School, and Franklin School.
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