NOT LISTED FOR SALE

318 New St Newark, NJ 07103

University Heights Neighborhood

Estimated Value: $464,925 - $618,000

-- Bed
-- Bath
-- Sq Ft
3,721 Sq Ft Lot

Last Sold November 12, 2020

Last sale price $320,111

Est. 68% increase in value since last sale

Current estimated payment $3,336/month

17 Days on Market

About This Home

As of November 2020

This home is located at 318 New St, Newark, NJ 07103 since 04 September 2020 and is currently estimated at $538,981. This property was built in 2001. 318 New St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.

Last Agent to Sell the Property

EVDUZA RAMAJ

YOUR TOWN REALTY Brokerage Phone: 855-600-2465 Listed on: 09/04/2020

Co-Listed By

SALIJA KOLIC

YOUR TOWN REALTY Brokerage Phone: 855-600-2465

Last Buyer's Agent

Justo Borges

DELTA PROPERTIES USA, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,059

Year Built

  • Built in 2001

Lot Details

  • 3,721 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,059

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Year Built: 2001
  • County Name: Essex
  • Street Number Display: 318
  • I D: 5014028
  • Modified: 2021-11-13
  • Number Images: 1
  • Attribution Contact: 855-600-2465
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 3721 SF
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Nov 12, 2020
Sold by
Secretary/Housing & Urban Dev
Bought by
Jahovic Medina
Seller's Agent
EVDUZA RAMAJ
YOUR TOWN REALTY
Buyer's Agent
Justo Borges
DELTA PROPERTIES USA, LLC.
List Price
$310,000
Sold Price
$320,111
Premium/Discount to List
$10,111
3.26%
Current Estimated Value
$538,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,870
Avg. Annual Appreciation
10.68%
Original Mortgage
$256,089
Outstanding Balance
$228,920
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$293,225

Purchase Details

Closed on
Nov 19, 2015
Sold by
Carter Marco and Davis Roxanne Carter
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Dec 13, 2002
Sold by
Carter Marco
Bought by
Dept Of Nj Comm Affairs

Purchase Details

Closed on
Oct 25, 2001
Sold by
University Heights
Bought by
Carter Marco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,192
Interest Rate
6.6%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Jahovic Medina $320,111 Clear Skies Title
Secretary Of Housing & Urban Development -- None Available
Dept Of Nj Comm Affairs $117,000 --
Carter Marco $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jahovic Medina $256,089
Previous Owner Carter Marco $115,192
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $320,111 +3.3% --
09/21/2020 09/21/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $310,000 -- --
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 $5,059 $135,700 $23,000 $112,700
2024 $5,059 $135,700 $23,000 $112,700
2022 $5,070 $135,700 $23,000 $112,700
2021 $5,067 $135,700 $23,000 $112,700
2020 $5,157 $135,700 $23,000 $112,700
2019 $5,104 $135,700 $23,000 $112,700
2018 $5,011 $135,700 $23,000 $112,700
2017 $4,831 $135,700 $23,000 $112,700
2016 $4,668 $135,700 $23,000 $112,700
2015 $4,490 $135,700 $23,000 $112,700
2014 $4,208 $135,700 $23,000 $112,700
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    EVDUZA RAMAJ

    YOUR TOWN REALTY

  • S

    Seller Co-Listing Agent in 2020

    SALIJA KOLIC

    YOUR TOWN REALTY

  • J

    Buyer's Agent in 2020

    Justo Borges

    DELTA PROPERTIES USA, LLC.

    (908) 578-4489

    1 in this area

    4 Total Sales

    Justo Borges
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3661855

Garden State MLS

APN: 14-00415-0000-00021-02

New Jersey Essex County Newark 07103 University Heights

318 New St, Newark, NJ

This home is located at 318 New St, Newark, NJ 07103 since 04 September 2020 and is currently estimated at $538,981. This property was built in 2001. 318 New St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.

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