NOT LISTED FOR SALE

318 Broadway Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $781,942

-- Bed
-- Bath
9,999 Sq Ft
$78/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $675,000 $68 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,073/month

56 Days on Market

About This Home

As of July 2022

This home is located at 318 Broadway, Newark, NJ 07104 since 14 July 2021 and is currently estimated at $781,942, approximately $78 per square foot. 318 Broadway is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and First Avenue Elementary School.

Last Agent to Sell the Property

GIANCARLO VARGAS

SKY REALTY ASSOCIATES Brokerage Phone: 973-344-8880 Listed on: 07/14/2021

Last Buyer's Agent

GIANCARLO VARGAS

SKY REALTY ASSOCIATES Brokerage Phone: 973-344-8880 Listed on: 07/14/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,048

Lot Details

  • 25 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,048

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 318
  • I D: 5089124
  • Modified: 2023-07-21
  • Number Images: 1
  • Attribution Contact: 973-344-8880
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25 X 117.6
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Jul 20, 2022
Sold by
Jbc Developers Llc
Bought by
Rasheed Oladele B and Rasheed Nofisat R
Seller's Agent
GIANCARLO VARGAS
SKY REALTY ASSOCIATES
Buyer's Agent
GIANCARLO VARGAS
SKY REALTY ASSOCIATES
List Price
$685,000
Sold Price
$675,000
Premium/Discount to List
-$10,000
-1.46%
Current Estimated Value
$781,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,942
Avg. Annual Appreciation
4.00%
Original Mortgage
$652,471
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2008
Sold by
T & J Contractors Inc
Bought by
Jbc Developers Llc

Purchase Details

Closed on
Apr 19, 2005
Sold by
Cabezas Victor
Bought by
T & J Contractors Inc

Purchase Details

Closed on
Oct 10, 1997
Sold by
Goditus Conrad
Bought by
Caeezas Victoria and Caeezas Elvira

Purchase Details

Closed on
Jul 20, 1994
Sold by
Norcia Raymond D
Bought by
Godipu Conrad

Purchase Details

Closed on
Jan 15, 1991
Sold by
City Of Newark
Bought by
Dinorcia Raymond
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Rasheed Oladele B $675,000 --
Jbc Developers Llc $10,000 Chicago Title Insurance Co
T & J Contractors Inc $110,000 --
Caeezas Victoria $5,000 --
Godipu Conrad $9,000 --
Dinorcia Raymond $2,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rasheed Oladele B $652,471
Previous Owner Jbc Developers Llc $200,000
Previous Owner T & J Contractors Inc $2,650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $675,000 -1.5% $68 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $685,000 -- $69 / Sq Ft
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 $9,048 $242,700 $26,000 $216,700
2024 $9,048 $242,700 $26,000 $216,700
2022 $9,067 $242,700 $26,000 $216,700
2021 $9,062 $242,700 $26,000 $216,700
2020 $10,678 $281,000 $26,000 $255,000
2019 $10,568 $281,000 $26,000 $255,000
2018 $10,377 $281,000 $26,000 $255,000
2017 $10,004 $281,000 $26,000 $255,000
2016 $9,666 $281,000 $26,000 $255,000
2015 $9,298 $281,000 $26,000 $255,000
2014 $8,714 $281,000 $26,000 $255,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    GIANCARLO VARGAS

    SKY REALTY ASSOCIATES

See All Agents

Map

Source: Garden State MLS

MLS Number: 3728082

Garden State MLS

APN: 14-00575-0000-00029

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

318 Broadway, Newark, NJ

This home is located at 318 Broadway, Newark, NJ 07104 since 14 July 2021 and is currently estimated at $781,942, approximately $78 per square foot. 318 Broadway is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and First Avenue Elementary School.

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