NOT LISTED FOR SALE

254 S 11th St Unit 2 Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $402,000 - $419,000

2 Beds
1 Bath
1,549 Sq Ft
$265/Sq Ft Est. Value

About This Home

This home is located at 254 S 11th St Unit 2, Newark, NJ 07107 and is currently estimated at $411,220, approximately $265 per square foot. 254 S 11th St Unit 2 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Lincoln Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2023
Sold by
Gbadamosi Rakiat and Gbadamosi Oluwaseun
Bought by
Mena Grace and Selvia Shafik Selvia
Current Estimated Value
$411,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$233,512
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$177,708

Purchase Details

Closed on
Dec 4, 2020
Sold by
Aupont Nicolas S
Bought by
Gbadamosi Rakiat and Adeyemi Oluwaseun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,146
Interest Rate
2.65%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 2018
Sold by
Us Bank Na
Bought by
Nj Homes Now Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,500
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2018
Sold by
Pnc Bank Na
Bought by
Pnc Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,500
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2007
Sold by
National City Bank
Bought by
Pineda John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,891
Interest Rate
6.17%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 10, 2005
Sold by
Aartar Llc
Bought by
Ricks Willie Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
5.64%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 2004
Sold by
Capital Asset Group Inc
Bought by
Aartar Llc

Purchase Details

Closed on
Aug 3, 2004
Sold by
Allen Milton
Bought by
Capital Asset Grp Inc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Mena Grace $320,000 Onpoint Title
Gbadamosi Rakiat $280,000 Title Experts Nj
Nj Homes Now Llc $95,500 Residential Commercial Title
Pnc Bank Na -- --
Pineda John $63,500 Fortune Title Agency Inc
Ricks Willie Ruth $190,000 --
Aartar Llc $80,000 --
Capital Asset Grp Inc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mena Grace $240,000
Previous Owner Gbadamosi Rakiat $270,146
Previous Owner Nj Homes Now Llc $105,500
Previous Owner Pineda John $144,891
Previous Owner Ricks Willie Ruth $207,000
Source: Public Records

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 $8,604 $230,800 $24,700 $206,100
2022 $8,623 $230,800 $24,700 $206,100
2021 $5,384 $144,200 $24,700 $119,500
2020 $5,480 $144,200 $24,700 $119,500
2019 $4,107 $109,200 $24,700 $84,500
2018 $4,033 $109,200 $24,700 $84,500
2017 $3,888 $109,200 $24,700 $84,500
2016 $3,756 $109,200 $24,700 $84,500
2015 $3,613 $109,200 $24,700 $84,500
2014 $3,386 $109,200 $24,700 $84,500
Source: Public Records

Map

New Jersey Essex County Newark 07107 Fairmount

254 S 11th St Unit 2, Newark, NJ

This home is located at 254 S 11th St Unit 2, Newark, NJ 07107 and is currently estimated at $411,220, approximately $265 per square foot. 254 S 11th St Unit 2 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer 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.

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