NOT LISTED FOR SALE

261 S 18th St Newark, NJ 07103

Fairmount Neighborhood

Estimated Value: $369,000 - $409,000

-- Bed
-- Bath
996 Sq Ft
$395/Sq Ft Est. Value

About This Home

This home is located at 261 S 18th St, Newark, NJ 07103 and is currently estimated at $393,580, approximately $395 per square foot. 261 S 18th St is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Louise A. Spencer School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2021
Sold by
Megally Arsany
Bought by
Adebiyi Folashade and Adebiyi Ajibola
Current Estimated Value
$393,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Outstanding Balance
$213,097
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$180,031

Purchase Details

Closed on
Nov 1, 2016
Sold by
Fv-1 Inc In Trust
Bought by
Megally Arsany

Purchase Details

Closed on
Sep 16, 2015
Sold by
Fontoura Armando B
Bought by
Fv 1 Inc and Lewis Jeff

Purchase Details

Closed on
Feb 12, 2004
Sold by
Gills Properties Assoc
Bought by
Lewis Margie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.36%

Purchase Details

Closed on
Jan 7, 2003
Sold by
Sovereign Bank
Bought by
Gill Properties Assoc Llc

Purchase Details

Closed on
Dec 9, 2000
Sold by
Evans Jacqueline
Bought by
Bowens Lewis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
7.69%
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
Adebiyi Folashade $245,000 Chicago Title Insurance Co
Megally Arsany $18,000 None Available
Fv 1 Inc $186,239 None Available
Lewis Margie $145,000 --
Gill Properties Assoc Llc $55,000 --
Bowens Lewis $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adebyi Ajibola $232,750
Closed Adebiyi Folashade $232,750
Previous Owner Megally Arshany $115,500
Previous Owner Lewis Margie $172,000
Previous Owner Lewis Margie $32,250
Previous Owner Lewis Margie $164,800
Previous Owner Kassama Alagie $151,200
Previous Owner Lewis Margie $140,600
Previous Owner Lewis Margie $116,000
Previous Owner Bowens Lewis $71,250
Closed Fv 1 Inc --
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 $6,271 $168,200 $19,000 $149,200
2023 $3,336 $168,200 $19,000 $149,200
2022 $3,336 $89,300 $19,000 $70,300
2021 $3,334 $89,300 $19,000 $70,300
2020 $3,393 $89,300 $19,000 $70,300
2019 $3,359 $89,300 $19,000 $70,300
2018 $3,298 $89,300 $19,000 $70,300
2017 $3,179 $89,300 $19,000 $70,300
2016 $3,072 $89,300 $19,000 $70,300
2015 $2,955 $89,300 $19,000 $70,300
2014 $2,769 $89,300 $19,000 $70,300
Source: Public Records

Map

New Jersey Essex County Newark 07103 Fairmount

261 S 18th St, Newark, NJ

This home is located at 261 S 18th St, Newark, NJ 07103 and is currently estimated at $393,580, approximately $395 per square foot. 261 S 18th St is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Louise A. Spencer 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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