NOT LISTED FOR SALE

29 Jacob St Unit 31 Newark, NJ 07103

West Side Neighborhood

Estimated Value: $431,000 - $566,000

-- Bed
-- Bath
-- Sq Ft
3,700 Sq Ft Lot

Last Sold November 05, 2024

Last sale price $518,000

Current estimated payment $3,264/month

96 Days on Market

About This Home

As of November 2024

This home is located at 29 Jacob St Unit 31, Newark, NJ 07103 since 19 April 2024 and is currently estimated at $495,963. This property was built in 1999. 29 Jacob St Unit 31 is a home located in Essex County with nearby schools including Harriet Tubman School, Camden Street Elementary School, and Cleveland Elementary School.

Last Agent to Sell the Property

MEENAKSHI SHARMA

REALTY OF AMERICA Brokerage Phone: 908-751-7721 Listed on: 04/19/2024

Last Buyer's Agent

ANDREA GOMEZCOELLO

UNITED REAL ESTATE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1999

Lot Details

  • 3,700 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Year Built: 1999
  • County Name: Essex
  • I D: 5265129
  • Attribution Contact: 908-751-7721
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 3700 SF
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Nov 4, 2024
Sold by
23 Grove Llc
Bought by
Mendez Andison Jose and Infante Jose Luis
Seller's Agent
MEENAKSHI SHARMA
REALTY OF AMERICA
Buyer's Agent
ANDREA GOMEZCOELLO
UNITED REAL ESTATE
List Price
$550,000
Sold Price
$518,000
Premium/Discount to List
-$32,000
-5.82%
Views
13
Current Estimated Value
$520,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,460
Avg. Annual Appreciation
-3.84%
Original Mortgage
$508,617
Outstanding Balance
$503,741
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
-$7,778

Purchase Details

Closed on
Sep 3, 2021
Sold by
29 Jacob St Llc
Bought by
23 Grove Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,004,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2019
Sold by
Newark 101 Llc
Bought by
29 Jacob St Llc

Purchase Details

Closed on
Nov 30, 2017
Sold by
Velez Tracy
Bought by
Newark 101 Llc

Purchase Details

Closed on
Nov 27, 2017
Sold by
Holton Michael
Bought by
Velez Tracy

Purchase Details

Closed on
Jul 9, 2003
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Mendez Andison Jose $505,000 Title Guarantee
Mendez Andison Jose $505,000 Title Guarantee
23 Grove Llc -- None Listed On Document
29 Jacob St Llc $211,000 Madison Title Agency, Llc
Newark 101 Llc $115,000 --
Velez Tracy -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendez Andison Jose $508,617
Closed Mendez Andison Jose $508,617
Previous Owner 23 Grove Llc $1,004,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2024 11/05/24 Sold $518,000 +3.6% --
07/24/2024 07/24/24 Pending -- -- --
06/19/2024 06/19/24 Price Changed $499,999 -9.1% --
04/19/2024 04/19/24 For Sale $550,000 -- --
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 $6,315 $169,400 $32,800 $136,600
2024 $6,315 $169,400 $32,800 $136,600
2022 $6,329 $169,400 $32,800 $136,600
2021 $6,325 $169,400 $32,800 $136,600
2020 $5,487 $144,400 $32,800 $111,600
2019 $5,431 $144,400 $32,800 $111,600
2018 $5,333 $144,400 $32,800 $111,600
2017 $5,141 $144,400 $32,800 $111,600
2016 $4,967 $144,400 $32,800 $111,600
2015 $4,778 $144,400 $32,800 $111,600
2014 $4,478 $144,400 $32,800 $111,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    MEENAKSHI SHARMA

    REALTY OF AMERICA

  • A

    Buyer's Agent in 2024

    ANDREA GOMEZCOELLO

    UNITED REAL ESTATE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3897222

Garden State MLS

APN: 14-00303-0000-00006-02

New Jersey Essex County Newark 07103 West Side

29 Jacob St Unit 31, Newark, NJ

Not Listed for Sale

MultiFamily

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