NOT LISTED FOR SALE

331 New St Newark, NJ 07103

University Heights Neighborhood

Estimated Value: $468,000 - $703,000

-- Bed
-- Bath
-- Sq Ft
3,311 Sq Ft Lot

Last Sold August 06, 2022

Last sale price $480,000

Est. 26% increase in value since last sale

Current estimated payment $3,622/month

32 Days on Market

About This Home

As of August 2022

This home is located at 331 New St, Newark, NJ 07103 since 25 April 2022 and is currently estimated at $603,048. This property was built in 1895. 331 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

Ralph Harvey

LIST WITH FREEDOM.COM Brokerage Phone: 855-456-4945 Listed on: 04/25/2022

LIST WITH FREEDOM.COM

Last Buyer's Agent

Pei-Chun Tang

REALTYMARK SELECT

REALTYMARK SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,947

Year Built

  • Built in 1895

Lot Details

  • 3,311

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,947

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Year Built: 1895
  • County Name: Essex
  • Street Number Display: 331
  • I D: 5145477
  • Modified: 2023-08-07
  • Number Images: 1
  • Attribution Contact: 855-456-4945
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 24.6X135.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jul 14, 2022
Sold by
331 New Street Llc
Bought by
Chan Joanne
Seller's Agent
Ralph Harvey
LIST WITH FREEDOM.COM
Buyer's Agent
Pei-Chun Tang
REALTYMARK SELECT
List Price
$489,000
Sold Price
$480,000
Premium/Discount to List
-$9,000
-1.84%
Current Estimated Value
$603,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,048
Avg. Annual Appreciation
7.46%
Original Mortgage
$408,000
Outstanding Balance
$390,476
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$212,572

Purchase Details

Closed on
Feb 22, 2012
Sold by
Russo Matthew
Bought by
331 New Street Llc

Purchase Details

Closed on
Mar 24, 2009
Sold by
Wilson Maggie and Cooper Alma
Bought by
Russo Matthew
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chan Joanne $480,000 Tartini Michael J
331 New Street Llc -- None Available
Russo Matthew $102,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Joanne $408,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2022 08/06/22 Sold $480,000 0.0% --
08/06/2022 08/06/22 Sold $480,000 -1.8% -- View Prior Sale
05/28/2022 05/28/22 Pending -- -- --
05/27/2022 05/27/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $489,000 0.0% --
03/04/2022 03/04/22 For Sale $489,000 -- --
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 $4,947 $132,700 $23,400 $109,300
2024 $4,947 $132,700 $23,400 $109,300
2022 $4,958 $132,700 $23,400 $109,300
2021 $4,955 $132,700 $23,400 $109,300
2020 $5,043 $132,700 $23,400 $109,300
2019 $4,991 $132,700 $23,400 $109,300
2018 $4,901 $132,700 $23,400 $109,300
2017 $4,724 $132,700 $23,400 $109,300
2016 $4,565 $132,700 $23,400 $109,300
2015 $4,391 $132,700 $23,400 $109,300
2014 $4,115 $132,700 $23,400 $109,300
Source: Public Records

Agents Affiliated with this Home

  • Ralph Harvey

    Seller's Agent in 2022

    Ralph Harvey

    LIST WITH FREEDOM.COM

    (855) 456-4945

    2 in this area

    10,877 Total Sales

    Ralph Harvey
    Section Image

  • P

    Buyer's Agent in 2022

    Pei-Chun Tang

    REALTYMARK SELECT

    (855) 877-7600

    1 in this area

    10 Total Sales

    Pei-Chun Tang
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3777589

Garden State MLS

APN: 14-00414-0000-00051

New Jersey Essex County Newark 07103 University Heights

331 New St, Newark, NJ

This home is located at 331 New St, Newark, NJ 07103 since 25 April 2022 and is currently estimated at $603,048. This property was built in 1895. 331 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes