NOT LISTED FOR SALE

254 S 11th St Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $421,000 - $472,000

-- Bed
-- Bath
-- Sq Ft
25 Sq Ft Lot

Last Sold February 15, 2023

Last sale price $320,000

Est. 37% increase in value since last sale

Current estimated payment $3,033/month

10 Days on Market

About This Home

As of February 2023

This home is located at 254 S 11th St, Newark, NJ 07107 since 03 January 2023 and is currently estimated at $436,808. This property was built in 1907. 254 S 11th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Lincoln Elementary School.

Last Agent to Sell the Property

Sayeeda Moore

RE/MAX FIRST REALTY II Brokerage Phone: 908-664-1500 Listed on: 01/03/2023

RE/MAX FIRST REALTY II

Last Buyer's Agent

Sayeeda Moore

RE/MAX FIRST REALTY II Brokerage Phone: 908-664-1500 Listed on: 01/03/2023

RE/MAX FIRST REALTY II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,604

Year Built

  • Built in 1907

Lot Details

  • 25 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,604

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Year Built: 1907
  • County Name: Essex
  • Street Number Display: 254
  • I D: 5196619
  • Modified: 2024-02-16
  • Number Images: 1
  • Attribution Contact: 908-664-1500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25.2 X63.5
  • Total Acres: 0.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Feb 13, 2023
Sold by
Gbadamosi Rakiat and Gbadamosi Oluwaseun
Bought by
Mena Grace and Selvia Shafik Selvia
Seller's Agent
Sayeeda Moore
RE/MAX FIRST REALTY II
Buyer's Agent
Sayeeda Moore
RE/MAX FIRST REALTY II
List Price
$320,000
Sold Price
$320,000
Views
61
Current Estimated Value
$436,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,808
Avg. Annual Appreciation
12.04%
Original Mortgage
$240,000
Outstanding Balance
$232,993
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$197,576

Purchase Details

Listed on
Aug 21, 2020
Closed on
Dec 4, 2020
Sold by
Aupont Nicolas S
Bought by
Gbadamosi Rakiat and Adeyemi Oluwaseun
Seller's Agent
PATRICIA LOUIS
KELLER WILLIAMS MID-TOWN DIRECT
Buyer's Agent
Tajudeen Ajadi
LARA REALTY CORP
List Price
$300,000
Sold Price
$280,000
Premium/Discount to List
-$20,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
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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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

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold $320,000 0.0% --
01/13/2023 01/13/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $320,000 +14.3% --
12/21/2020 12/21/20 Sold $280,000 -6.7% --
10/16/2020 10/16/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $300,000 +41.2% --
07/08/2019 07/08/19 Sold $212,500 -3.4% --
03/07/2019 03/07/19 Pending -- -- --
01/21/2019 01/21/19 For Sale $219,900 -- --
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 $8,604 $200,000 $24,700 $175,300
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

Agents Affiliated with this Home

  • Sayeeda Moore

    Seller's Agent in 2023

    Sayeeda Moore

    RE/MAX

    1 in this area

    31 Total Sales

    Sayeeda Moore
    Section Image

  • P

    Seller's Agent in 2020

    PATRICIA LOUIS

    KELLER WILLIAMS MID-TOWN DIRECT

  • Tajudeen Ajadi

    Buyer's Agent in 2020

    Tajudeen Ajadi

    LARA REALTY CORP

    (973) 220-5963

    2 in this area

    28 Total Sales

    Tajudeen Ajadi
    Section Image

  • S

    Seller's Agent in 2019

    SHAWN CHACONAS

    COMPASS NEW JERSEY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3822907

Garden State MLS

APN: 14-01814-0000-00038

New Jersey Essex County Newark 07107 Fairmount

254 S 11th St, Newark, NJ

This home is located at 254 S 11th St, Newark, NJ 07107 since 03 January 2023 and is currently estimated at $436,808. This property was built in 1907. 254 S 11th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Lincoln Elementary School.

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