$799,000

3-5 Ferdinand St Newark, NJ 07103

Fairmount Neighborhood

Estimated payment $4,396/month

Total Views 32,144
0.18 Acre
$4,438,889 Price per Acre
64 Sq Ft Lot

About This Lot

Back on Market! Vacant lot located in the R-2 District, where it permits 1 - 3 family dwellings and townhouses. It also permits conditional low rise multi-family dwellings. There are multi-family buildings in the area. On the opposite corner of the block, there is a 3-story, 16-unit multi-family building that is currently under construction. This property can support a 3 story, 15-unit multi-family building. Close proximity to everything all major public transportation. BUYER MUST UNDERTAKE THE NECESSARY DUE DILIGENCE BEFORE SUBMITTING AN OFFER. THE POTENTIAL TO DEVELOP THE LAND IS WITHIN REACH! View and send offers asap!

Listing Agent

EYAL LEVY

KELLER WILLIAMS PARK VIEWS Brokerage Phone: 201-640-0487 Listed on: 06/04/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,864

Lot Details

  • 64 Sq Ft Lot
  • Corner Lot
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 1614-01789-0001-00009-0000-

Property Details

Property Type

Land

Est. Annual Taxes

$1,864

Lot Details

0

Listing Details

  • County Name: Essex
  • Development Status: Feasibility Study
  • Directions: Grove St to Ferdinand St
  • I D: 5290402
  • Attribution Contact: 201-640-0487
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Surface Description: Blacktop/Asphalt Road

Utilities

  • Sewer Info: Public Sewer in Street
  • Water Info: Public Water in Street

Lot Info

  • Lot Size: 64.4X40
  • Easement: Unknown
  • Lot Description: Corner, Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.18
  • Currently Used For: Vacant/Unimproved
  • Number of Lots: 1
  • Zoned Info: Residential Condominium/Townhouse, Residential Multi-Family

Tax Info

  • Streetname Tax: *
  • Tax Amount: 1864
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-01789-0001-00009-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.728
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Assessment Land Tax: *
  • Total Tax Assessed: *
  • Street Num Tax: *
  • Tax Year: 2023

Map

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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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

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 $2,237 $60,000 $60,000 --
2024 $2,237 $60,000 $60,000 $0
2022 $1,868 $50,000 $50,000 $0
2021 $695 $18,600 $18,600 $0
2020 $707 $18,600 $18,600 $0
2019 $700 $18,600 $18,600 $0
2018 $687 $18,600 $18,600 $0
2017 $662 $18,600 $18,600 $0
2016 $640 $18,600 $18,600 $0
2015 $615 $18,600 $18,600 $0
2014 $577 $18,600 $18,600 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2025 09/22/25 For Sale $799,000 0.0% --
05/28/2025 05/28/25 Pending -- -- --
06/04/2024 06/04/24 For Sale $799,000 +415.5% --
08/04/2021 08/04/21 Sold $155,000 0.0% -- View Prior Sale
08/03/2021 08/03/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $155,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $155,000 Madison Title Agency Llc
Bargain Sale Deed $18,000 Ctl Title Insurence Agency
Deed $1,000 None Available
Deed $335,000 --
Deed $85,000 --
Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $268,000 Purchase Money Mortgage
Source: Public Records

Source: Garden State MLS

MLS Number: 3905625

Garden State MLS

APN: 14-01789-01-00009

New Jersey Essex County Newark 07103 Fairmount

3-5 Ferdinand St, Newark, NJ

For Sale

Lots

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Listing Agent
EYAL LEVY
KELLER WILLIAMS PARK VIEWS