NOT LISTED FOR SALE

288 11th Ave Newark, NJ 07103

Fairmount Neighborhood

Estimated Value: $507,000 - $603,020

-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold March 30, 2017

Last sale price $97,000

Est. 482% increase in value since last sale

Current estimated payment $3,554/month

15 Days on Market

About This Home

As of March 2017

This home is located at 288 11th Ave, Newark, NJ 07103 since 03 January 2017 and is currently estimated at $564,505. This property was built in 1937. 288 11th Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Louise A. Spencer School.

Last Agent to Sell the Property

LARRY SHARPE

SHARPE REALTY INC./MAPLEWOOD Listed on: 01/03/2017

Last Buyer's Agent

MADISON FRAZIER

MADISON REALTY AND ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,120

Year Built

  • Built in 1937

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,120

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Year Built: 1937
  • County Name: Essex
  • Street Number Display: 288
  • I D: 4679182
  • Modified: 2021-09-23
  • Number Images: 0
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 29X100
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2024
Sold by
South 11 Capital Limited Liability Compa
Bought by
288 11Th Ave Llc
Current Estimated Value
$564,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Outstanding Balance
$582,049
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
-$17,544

Purchase Details

Closed on
Jan 1, 2023
Sold by
Moh 288 Llc
Bought by
South 11 Capital Limited Liability Company

Purchase Details

Listed on
Jan 3, 2017
Closed on
Mar 30, 2017
Sold by
Aldine Capital Llc
Bought by
Moh 288 Llc
Seller's Agent
LARRY SHARPE
SHARPE REALTY INC./MAPLEWOOD
Buyer's Agent
MADISON FRAZIER
MADISON REALTY AND ASSOCIATES
List Price
$63,900
Sold Price
$97,000
Premium/Discount to List
$33,100
51.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.76%

Purchase Details

Listed on
Jan 3, 2017
Closed on
Mar 23, 2017
Sold by
Citimortgage Inc
Bought by
Aldine Capital Llc
Seller's Agent
LARRY SHARPE
SHARPE REALTY INC./MAPLEWOOD
Buyer's Agent
MADISON FRAZIER
MADISON REALTY AND ASSOCIATES
List Price
$63,900
Sold Price
$97,000
Premium/Discount to List
$33,100
51.8%

Purchase Details

Closed on
Jan 27, 1995
Sold by
Stewart James
Bought by
Barnes William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
9.17%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 1992
Sold by
Wardest Of Willie Et Als
Bought by
Stewart James C and Stewart Ruth A
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
288 11Th Ave Llc -- Cross Bridge Title
South 11 Capital Limited Liability Company -- Cross Bridge Title
Moh 288 Llc $97,000 Chicago Title Insurance
Aldine Capital Llc $97,000 Chicago Title Insurance
Barnes William $120,000 --
Stewart James C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 288 11Th Ave Llc $592,500
Previous Owner Barnes William $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2017 03/30/17 Sold $97,000 +51.8% --
01/18/2017 01/18/17 Pending -- -- --
01/03/2017 01/03/17 For Sale $63,900 -- --
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 $7,120 $191,000 $20,800 $170,200
2024 $7,120 $191,000 $20,800 $170,200
2022 $7,136 $191,000 $20,800 $170,200
2021 $7,132 $191,000 $20,800 $170,200
2020 $7,258 $191,000 $20,800 $170,200
2019 $7,184 $191,000 $20,800 $170,200
2018 $7,054 $191,000 $20,800 $170,200
2017 $6,800 $191,000 $20,800 $170,200
2016 $6,570 $191,000 $20,800 $170,200
2015 $6,320 $191,000 $20,800 $170,200
2014 $5,923 $191,000 $20,800 $170,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    LARRY SHARPE

    SHARPE REALTY INC./MAPLEWOOD

  • M

    Buyer's Agent in 2017

    MADISON FRAZIER

    MADISON REALTY AND ASSOCIATES

See All Agents

Map

Source: Garden State MLS

MLS Number: 3356124

Garden State MLS

APN: 14-01817-0000-00002

New Jersey Essex County Newark 07018 Fairmount

288 11th Ave, Newark, NJ

This home is located at 288 11th Ave, Newark, NJ 07103 since 03 January 2017 and is currently estimated at $564,505. This property was built in 1937. 288 11th Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Louise A. Spencer School.

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