275 S 10th St Newark, NJ 07103
Fairmount NeighborhoodEstimated Value: $407,000 - $586,190
8
Beds
4
Baths
--
Sq Ft
3,498
Sq Ft Lot
About This Home
As of February 2024This is a 2 family investment opportunity in Newark. This property has been fully sheet rocked and ready for completing your final touches. Once done; this property will have good amount of equity since renovated homes go above $600k. All new electrical and all baths have been tiled. Plans are available too! Features a 3 bed / 2 bath on the first floor & a 5 bed / 2 bath duplex on the 2nd floor. Includes an unfinished basement + private driveway with garage. Close commute to NYC, Newark airport, highways and public transportation. Won't last!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,149
Lot Details
- 3,498 Sq Ft Lot
Parking
- 1 Car Garage
Home Design
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Community Details
- No Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 00024 / 01796
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 29, 2023
Closed on
Feb 15, 2024
Sold by
275 S 10Th Llc
Bought by
New Country Investments Llc
Seller's Agent
John Lajara
EXP Realty, LLC
Buyer's Agent
Maurice Negron
Lifestyle International Realty
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Views
64
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,048
Avg. Annual Appreciation
8.67%
Original Mortgage
$497,100
Outstanding Balance
$490,777
Interest Rate
6.66%
Mortgage Type
Construction
Estimated Equity
-$11,307
Purchase Details
Closed on
Mar 13, 2023
Sold by
Balani Hindraj
Bought by
275 S 10Th Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.65%
Mortgage Type
Construction
Purchase Details
Closed on
Nov 12, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Balani Hindraj L
Purchase Details
Closed on
Jul 26, 2007
Sold by
Martinez Santos and Mortgage Electronic Registrati
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Cap Inc Trust 2006-Wm
Purchase Details
Closed on
Feb 27, 2006
Sold by
Simpkins Kelli
Bought by
Martinez Santos
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.16%
Purchase Details
Closed on
Jun 18, 2004
Sold by
Hill Kimecha
Bought by
Simpkins Kelli
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.32%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| New Country Investments Llc | $430,000 | Prestige Title | |
| 275 S 10Th Llc | $350,000 | Stewart Title | |
| Balani Hindraj L | $140,000 | First American Title Ins Co | |
| Deutsche Bank National Trust Co | -- | Land Title Svcs Of Nj Inc | |
| Martinez Santos | $275,000 | -- | |
| Simpkins Kelli | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | New Country Investments Llc | $497,100 | |
| Previous Owner | 275 S 10Th Llc | $415,000 | |
| Previous Owner | Martinez Santos | $220,000 | |
| Previous Owner | Simpkins Kelli | $184,500 | |
| Previous Owner | Simpkins Kelli | $135,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/27/2024 02/27/24 | Sold | $430,000 | -4.4% | -- |
| 12/21/2023 12/21/23 | Pending | -- | -- | -- |
| 11/29/2023 11/29/23 | For Sale | $450,000 | -- | -- |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $6,136 | $164,600 | $26,100 | $138,500 |
| 2022 | $6,149 | $164,600 | $26,100 | $138,500 |
| 2021 | $6,146 | $164,600 | $26,100 | $138,500 |
| 2020 | $6,255 | $164,600 | $26,100 | $138,500 |
| 2019 | $6,191 | $164,600 | $26,100 | $138,500 |
| 2018 | $0 | $164,600 | $26,100 | $138,500 |
| 2017 | $0 | $164,600 | $26,100 | $138,500 |
| 2016 | $0 | $164,600 | $26,100 | $138,500 |
| 2015 | -- | $164,600 | $26,100 | $138,500 |
| 2014 | -- | $164,600 | $26,100 | $138,500 |
Source: Public Records
Agents Affiliated with this Home
-
John Lajara
Seller's Agent in 2024
John Lajara
EXP Realty, LLC
(914) 643-7400
2 in this area
146 Total Sales
-
Maurice Negron
M
Buyer's Agent in 2024
Maurice Negron
Lifestyle International Realty
(908) 487-3433
2 in this area
26 Total Sales
Map
Source: New Jersey MLS
MLS Number: 23036188
APN: 14-01796-0000-00024
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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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