NOT LISTED FOR SALE

355 S 11th St Newark, NJ 07103

Fairmount Neighborhood

Estimated Value: $714,000 - $780,000

-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold November 26, 2024

Last sale price $695,000

Est. 7% increase in value since last sale

Current estimated payment $4,508/month

16 Days on Market

About This Home

As of November 2024

This home is located at 355 S 11th St, Newark, NJ 07103 since 07 October 2024 and is currently estimated at $743,759. This property was built in 1915. 355 S 11th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Lincoln Elementary School.

Last Agent to Sell the Property

EYAL LEVY

KELLER WILLIAMS PARK VIEWS Brokerage Phone: 201-939-0050 Listed on: 10/07/2024

Last Buyer's Agent

MERCEDES CRESCIMBENI

SIGNATURE REALTY NJ

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,109

Year Built

  • Built in 1915

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,109

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Year Built: 1915
  • County Name: Essex
  • I D: 5317401
  • Attribution Contact: 201-939-0050
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30X100
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2024
Closed on
Nov 21, 2024
Sold by
Rod Properties Llc
Bought by
Akinbinu Ayomilekan
Seller's Agent
EYAL LEVY
KELLER WILLIAMS PARK VIEWS
List Price
$599,000
Sold Price
$695,000
Premium/Discount to List
$96,000
16.03%
Views
21
Current Estimated Value
$743,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,759
Avg. Annual Appreciation
7.02%
Original Mortgage
$682,411
Outstanding Balance
$676,017
Interest Rate
6.44%
Mortgage Type
FHA
Estimated Equity
$67,742

Purchase Details

Closed on
Jan 31, 2020
Sold by
Newark Property Owner 2
Bought by
Rod Properties Llc

Purchase Details

Closed on
Aug 19, 2019
Sold by
Lima 1 Capital Llc
Bought by
Newark Property Owner 2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2017
Sold by
Motley Enterprises Llc
Bought by
Lima 1 Capital Llc

Purchase Details

Closed on
Jun 15, 2016
Sold by
Silver Rose Investments Llc
Bought by
Motley Enterprises Llc

Purchase Details

Listed on
Dec 9, 2014
Closed on
Dec 9, 2014
Bought by
Silver Rose Investme Llc
Seller's Agent
MIRTA L. DEL CID
DEL CID REALTY LLC
Buyer's Agent
KAREN O NEAL
THE LAKEWOOD GROUP REALTY LLC
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.50%

Purchase Details

Listed on
Dec 9, 2014
Closed on
Dec 2, 2014
Sold by
Jones Jenique
Bought by
Motley Development Llc
Seller's Agent
MIRTA L. DEL CID
DEL CID REALTY LLC
Buyer's Agent
KAREN O NEAL
THE LAKEWOOD GROUP REALTY LLC
Sold Price
$40,000

Purchase Details

Closed on
Sep 26, 2005
Sold by
Serenli Huseyin
Bought by
Jones Jenique

Purchase Details

Closed on
May 12, 2005
Sold by
Austin Joseph
Bought by
Serenli Huseyin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,400
Interest Rate
5.79%

Purchase Details

Closed on
Sep 27, 2001
Sold by
Nationwide Fin
Bought by
Alson Joseph

Purchase Details

Closed on
Jul 2, 2001
Sold by
Integrity Investments Llc
Bought by
Nationwide Financial Svc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.2%

Purchase Details

Closed on
Nov 29, 2000
Sold by
White Mountains Svc Corp
Bought by
Integrity Investments Llc

Purchase Details

Closed on
May 6, 1998
Sold by
Urban Development
Bought by
Dejesus Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.08%

Purchase Details

Closed on
May 19, 1997
Sold by
Gilley David
Bought by
Urban Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.87%

Purchase Details

Closed on
Apr 14, 1997
Sold by
Vet Affairs
Bought by
Gilley Charley and Gilley David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Akinbinu Ayomilekan $695,000 Atlantic Title & Settlement
Rod Properties Llc -- None Available
Newark Property Owner 2 $180,000 --
Lima 1 Capital Llc -- --
Motley Enterprises Llc $62,500 Opal Title Services Llc
Silver Rose Investme Llc -- --
Motley Development Llc $40,000 --
Jones Jenique $240,000 --
Serenli Huseyin $183,000 --
Alson Joseph $125,000 --
Nationwide Financial Svc $35,000 --
Integrity Investments Llc $10,000 --
Integrity Investments Llc $10,000 --
Dejesus Eric $125,000 --
Urban Development $21,000 --
Gilley Charley $9,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akinbinu Ayomilekan $682,411
Previous Owner Newark Property Owner 2 $191,250
Previous Owner Serenli Huseyin $146,400
Previous Owner Nationwide Financial Svc $35,000
Previous Owner Dejesus Eric $100,000
Previous Owner Urban Development $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/26/2024 11/26/24 Sold $695,000 +16.0% --
10/23/2024 10/23/24 Pending -- -- --
10/07/2024 10/07/24 For Sale $599,000 +1397.5% --
12/09/2014 12/09/14 Sold $40,000 -- -- View Prior Sale
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 $7,109 $190,700 $26,900 $163,800
2024 $7,109 $190,700 $26,900 $163,800
2022 $7,125 $190,700 $26,900 $163,800
2021 $7,121 $190,700 $26,900 $163,800
2020 $7,247 $190,700 $26,900 $163,800
2019 $7,172 $190,700 $26,900 $163,800
2018 $7,043 $190,700 $26,900 $163,800
2017 $6,789 $190,700 $26,900 $163,800
2016 $6,560 $190,700 $26,900 $163,800
2015 $6,310 $190,700 $26,900 $163,800
2014 $5,914 $190,700 $26,900 $163,800
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    EYAL LEVY

    KELLER WILLIAMS PARK VIEWS

  • M

    Buyer's Agent in 2024

    MERCEDES CRESCIMBENI

    SIGNATURE REALTY NJ

  • M

    Seller's Agent in 2014

    MIRTA L. DEL CID

    DEL CID REALTY LLC

  • K

    Buyer's Agent in 2014

    KAREN O NEAL

    THE LAKEWOOD GROUP REALTY LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3928111

Garden State MLS

APN: 14-01784-0000-00018

New Jersey Essex County Newark 07103 Fairmount

355 S 11th St, Newark, NJ

Not Listed for Sale

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