NOT LISTED FOR SALE

260 S 12th St Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $637,000 - $762,000

-- Bed
-- Bath
-- Sq Ft
31 Sq Ft Lot

Last Sold June 24, 2021

Last sale price $475,000

Est. 52% increase in value since last sale

Current estimated payment $4,990/month

289 Days on Market

About This Home

As of June 2021

This home is located at 260 S 12th St, Newark, NJ 07107 since 26 May 2020 and is currently estimated at $724,213. This property was built in 2006. 260 S 12th 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

Joaquim Ferreira

CORNERSTONE REALTY ASSOCIATES Brokerage Phone: 973-856-6900 Listed on: 05/26/2020

Last Buyer's Agent

ROZIANE FELIPE

ROSA AGENCY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,522

Year Built

  • Built in 2006

Lot Details

  • 31 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,522

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Year Built: 2006
  • County Name: Essex
  • Street Number Display: 260
  • I D: 4964659
  • Modified: 2022-06-25
  • Number Images: 1
  • Attribution Contact: 973-856-6900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30.8 X 90
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Jun 24, 2021
Sold by
Antes Antos Finance Llc
Bought by
Olatunji James
Seller's Agent
Joaquim Ferreira
CORNERSTONE REALTY ASSOCIATES
Buyer's Agent
ROZIANE FELIPE
ROSA AGENCY
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$724,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,213
Avg. Annual Appreciation
10.70%
Original Mortgage
$466,396
Outstanding Balance
$424,098
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$300,115

Purchase Details

Closed on
Feb 9, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Antes Antos Financial Llc

Purchase Details

Closed on
Feb 29, 2008
Sold by
Desena Luis and Canellas Anne
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
May 19, 2006
Sold by
Rodrigues Manuel
Bought by
Desena Luis and Camellas Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,200
Interest Rate
8.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 14, 2004
Sold by
Hud
Bought by
Rodrigues Manuel

Purchase Details

Closed on
Apr 12, 2000
Sold by
New Fences
Bought by
Campbell Oweens

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,150
Interest Rate
8.21%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 2000
Sold by
Reed Louis
Bought by
New Fences

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,150
Interest Rate
8.21%
Mortgage Type
FHA
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
Olatunji James $475,000 Nu World Title Llc
Antes Antos Financial Llc $140,000 Multiple
Deutsche Bank National Trust Co -- None Available
Desena Luis $459,000 --
Rodrigues Manuel $95,500 --
Campbell Oweens $100,000 --
New Fences $55,000 --
New Fences $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olatunji James $466,396
Previous Owner Desena Luis $367,200
Previous Owner Campbell Oweens $99,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2021 06/24/21 Sold $475,000 0.0% --
03/11/2021 03/11/21 Pending -- -- --
08/13/2020 08/13/20 For Sale $475,000 0.0% --
07/22/2020 07/22/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $475,000 -- --
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 $12,522 $335,900 $29,600 $306,300
2024 $12,522 $335,900 $29,600 $306,300
2022 $7,834 $209,700 $29,600 $180,100
2021 $7,830 $209,700 $29,600 $180,100
2020 $9,109 $239,700 $29,600 $210,100
2019 $9,015 $239,700 $29,600 $210,100
2018 $8,852 $239,700 $29,600 $210,100
2017 $8,533 $239,700 $29,600 $210,100
2016 $8,246 $239,700 $29,600 $210,100
2015 $7,932 $239,700 $29,600 $210,100
2014 $7,433 $239,700 $29,600 $210,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joaquim Ferreira

    CORNERSTONE REALTY ASSOCIATES

    (973) 819-7126

    5 in this area

    61 Total Sales

    Section Image

  • R

    Buyer's Agent in 2021

    ROZIANE FELIPE

    ROSA AGENCY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3635043

Garden State MLS

APN: 14-01815-0000-00076

New Jersey Essex County Newark 07103 Fairmount

260 S 12th St, Newark, NJ

This home is located at 260 S 12th St, Newark, NJ 07107 since 26 May 2020 and is currently estimated at $724,213. This property was built in 2006. 260 S 12th 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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