NOT LISTED FOR SALE

35 Jacob St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $426,000 - $559,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold April 24, 2023

Last sale price $350,000

Est. 45% increase in value since last sale

Current estimated payment $3,243/month

11 Days on Market

About This Home

As of April 2023

This home is located at 35 Jacob St, Newark, NJ 07103 since 01 March 2023 and is currently estimated at $506,715. This property was built in 1880. 35 Jacob St 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

Latonya Johnson

RE/MAX FIRST REALTY II Brokerage Phone: 908-664-1500 Listed on: 03/01/2023

RE/MAX FIRST REALTY II

Last Buyer's Agent

Eliana Medina

FRANKO REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,684

Year Built

  • Built in 1880

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,684

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Year Built: 1880
  • County Name: Essex
  • Street Number Display: 35
  • I D: 5206457
  • Modified: 2024-04-25
  • Number Images: 1
  • Attribution Contact: 908-664-1500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 26X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Apr 21, 2023
Sold by
Williams Bryan M
Bought by
Elbaum David Netanel
Seller's Agent
Latonya Johnson
RE/MAX FIRST REALTY II
Buyer's Agent
Eliana Medina
FRANKO REALTY LLC
List Price
$349,000
Sold Price
$350,000
Premium/Discount to List
$1,000
0.29%
Views
111
Current Estimated Value
$506,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,715
Avg. Annual Appreciation
16.37%
Original Mortgage
$280,000
Outstanding Balance
$272,508
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$234,207

Purchase Details

Closed on
Mar 13, 2018
Sold by
35 Jacob Llc
Bought by
Williams Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Interest Rate
4.46%

Purchase Details

Listed on
Oct 17, 2016
Closed on
Apr 6, 2017
Sold by
J Team Enterprices Llc
Bought by
35 Jacob Llc
List Price
$69,900
Sold Price
$56,000
Premium/Discount to List
-$13,900
-19.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.08%
Original Mortgage
$75,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 17, 2016
Closed on
Feb 14, 2017
Sold by
Castle Llc
Bought by
J Team Enterprise Llc
List Price
$69,900
Sold Price
$56,000
Premium/Discount to List
-$13,900
-19.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2016
Sold by
Us Bank Na
Bought by
Castle 2016 Llc

Purchase Details

Closed on
Oct 29, 2015
Sold by
Stern Peter S
Bought by
U S Bank National Associa Tion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.76%

Purchase Details

Closed on
Mar 18, 2008
Sold by
35 Jacob Street Associates Llc
Bought by
Tinorgah Fareed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2007
Sold by
New Village Gate Llc
Bought by
35 Jacob St Assoc Llc

Purchase Details

Closed on
Dec 20, 2006
Sold by
Simmons Bertha
Bought by
New Village Gate Llc
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
Elbaum David Netanel $350,000 Stewart Title Guaranty Company
Williams Bryan $280,000 --
35 Jacob Llc $56,000 Maguire Title Llc
J Team Enterprise Llc $56,000 Maguire Title Llc
Castle 2016 Llc $32,500 None Available
U S Bank National Associa Tion -- --
Tinorgah Fareed $340,000 Supreme Title Agency Llc
35 Jacob St Assoc Llc $160,000 --
New Village Gate Llc $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elbaum David Netanel $280,000
Previous Owner Williams Bryan $274,928
Previous Owner Williams Bryan --
Previous Owner 35 Jacob Llc $75,000
Previous Owner U S Bank National Associa Tion --
Previous Owner Tinorgah Fareed $306,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2023 04/24/23 Sold $350,000 +0.3% --
03/17/2023 03/17/23 Pending -- -- --
03/05/2023 03/05/23 For Sale $349,000 +523.2% --
02/15/2017 02/15/17 Sold $56,000 -19.9% --
02/08/2017 02/08/17 Pending -- -- --
10/17/2016 10/17/16 For Sale $69,900 -- --
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 $6,684 $179,300 $31,300 $148,000
2024 $6,684 $179,300 $31,300 $148,000
2022 $6,699 $179,300 $31,300 $148,000
2021 $6,695 $179,300 $31,300 $148,000
2020 $6,813 $179,300 $31,300 $148,000
2019 $6,743 $179,300 $31,300 $148,000
2018 $4,882 $132,200 $31,300 $100,900
2017 $4,706 $132,200 $31,300 $100,900
2016 $4,548 $132,200 $31,300 $100,900
2015 $4,375 $132,200 $31,300 $100,900
2014 $4,100 $132,200 $31,300 $100,900
Source: Public Records

Agents Affiliated with this Home

  • Latonya Johnson

    Seller's Agent in 2023

    Latonya Johnson

    RE/MAX

    (862) 245-1944

    2 in this area

    49 Total Sales

    Latonya Johnson
    Section Image

  • E

    Buyer's Agent in 2023

    Eliana Medina

    FRANKO REALTY LLC

    (917) 330-4818

    4 in this area

    12 Total Sales

    Eliana Medina
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3831086

Garden State MLS

APN: 14-00303-0000-00005

New Jersey Essex County Newark 07103 West Side

35 Jacob St, Newark, NJ

This home is located at 35 Jacob St, Newark, NJ 07103 since 01 March 2023 and is currently estimated at $506,715. This property was built in 1880. 35 Jacob St is a home located in Essex County with nearby schools including Harriet Tubman School, Camden Street Elementary School, and Cleveland Elementary School.

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