NOT LISTED FOR SALE

261 N 6th St Newark, NJ 07107

Lower Roseville Neighborhood

Estimated Value: $475,000 - $664,000

-- Bed
-- Bath
1,951 Sq Ft
$277/Sq Ft Est. Value

Last Sold February 25, 2019

Last sale price $335,000 $172 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,617/month

136 Days on Market

About This Home

As of February 2019

This home is located at 261 N 6th St, Newark, NJ 07107 since 14 July 2018 and is currently estimated at $540,994, approximately $277 per square foot. 261 N 6th 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

joseph burgos

BURGOS REALTY COMPANY Brokerage Phone: 973-746-4777 Listed on: 07/14/2018

Last Buyer's Agent

joseph burgos

BURGOS REALTY COMPANY Brokerage Phone: 973-746-4777 Listed on: 07/14/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,992

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,992

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 261
  • I D: 4820699
  • Modified: 2020-02-26
  • Number Images: 1
  • Attribution Contact: 973-746-4777
  • 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

Closed on
May 1, 2024
Sold by
Cruz Reyna L and Tejada Anibal
Bought by
Ramirez Richal L Cruz
Current Estimated Value
$540,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,740
Outstanding Balance
$329,007
Interest Rate
6.82%
Mortgage Type
FHA
Estimated Equity
$211,987

Purchase Details

Listed on
Jul 14, 2018
Closed on
Jan 6, 2019
Sold by
8 Street Llc
Bought by
Cruz Reyna L and Tejada Anibal
Seller's Agent
joseph burgos
BURGOS REALTY COMPANY
Buyer's Agent
joseph burgos
BURGOS REALTY COMPANY
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Mar 7, 2012
Sold by
261 North 6Th Llc
Bought by
Hull William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,090
Interest Rate
3.35%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2011
Sold by
Federal National Mortgage Association
Bought by
261 North 6Th Llc

Purchase Details

Closed on
Aug 4, 2010
Sold by
Marshall Marshall Hal Hal
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 14, 2007
Sold by
261 N 6Th Associates Llc
Bought by
Marshall Hal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2003
Sold by
Thompson Charles
Bought by
Smith Dwayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.81%

Purchase Details

Closed on
Oct 29, 1991
Sold by
Thompson Dorothy K
Bought by
Thompson Dorothy and Thompson Smith,Harold
Source: Public Records

Range of Values:

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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
Ramirez Richal L Cruz $420,000 Elite Title
Cruz Reyna L $335,000 --
Hull William $226,000 None Available
261 North 6Th Llc $80,000 First American Title Ins Co
Federal National Mortgage Association -- None Available
Marshall Hal $410,000 None Available
Smith Dwayne $202,500 --
Thompson Dorothy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Richal L Cruz $333,740
Previous Owner Hull William $218,090
Previous Owner Marshall Hal $369,000
Previous Owner Smith Dwayne $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2019 02/25/19 Sold $335,000 -4.3% $172 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
07/14/2018 07/14/18 For Sale $350,000 +218.2% $179 / Sq Ft
02/28/2018 02/28/18 Sold $110,000 +22.2% $56 / Sq Ft
11/16/2016 11/16/16 Pending -- -- --
11/12/2016 11/12/16 For Sale $90,000 -- $46 / Sq Ft
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 $8,992 $241,200 $18,800 $222,400
2024 $8,992 $241,200 $18,800 $222,400
2022 $9,011 $241,200 $18,800 $222,400
2021 $9,006 $241,200 $18,800 $222,400
2020 $9,166 $241,200 $18,800 $222,400
2019 $4,844 $128,800 $18,800 $110,000
2018 $4,757 $128,800 $18,800 $110,000
2017 $4,585 $128,800 $18,800 $110,000
2016 $4,431 $128,800 $18,800 $110,000
2015 $4,262 $128,800 $18,800 $110,000
2014 $3,994 $128,800 $18,800 $110,000
Source: Public Records

Agents Affiliated with this Home

  • j

    Seller's Agent in 2019

    joseph burgos

    BURGOS REALTY COMPANY

    (973) 692-8607

    32 Total Sales

    joseph burgos
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Map

Source: Garden State MLS

MLS Number: 3487126

Garden State MLS

APN: 14-01931-0000-00043

New Jersey Essex County Newark 07107 Lower Roseville

261 N 6th St, Newark, NJ

This home is located at 261 N 6th St, Newark, NJ 07107 since 14 July 2018 and is currently estimated at $540,994, approximately $277 per square foot. 261 N 6th 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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