NOT LISTED FOR SALE

391 S 11th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $648,698

Studio
-- Baths
3,220 Sq Ft
$201/Sq Ft Est. Value

Sale Details

Date Sold: November 16, 2021

Last sale price $406,000 $126 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,569 / mo

187 Days on Market

Highlights

  • Property is near public transit and shops
  • Porch
  • Utility Room
  • Private Yard
  • Forced Air Heating System
  • Carpet

About This Home

As of November 2021

3 Unit Multi-Family turn key income producing property. 1st FL 4 Bed 2 Bath, 2nd FL 5 Bed 2 Bath, 3rd FL 2 Bed 2 Bath. Below market rent. Money Making Machine. Fully rented. Large rooms. Great investment opportunity.

Last Agent to Sell the Property

MOHAMMAD KHAN

BEST REALTY Listed on: 04/13/2021

Co-Listed By

Bruce Parker

BEST REALTY

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,783

Year Built

  • Built in 1903

Lot Details

  • 2,174 Sq Ft Lot
  • Lot Dimensions are 87.00 x 25.00
  • Private Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Asphalt Roof

Interior Spaces

  • 3,220 Sq Ft Home
  • Utility Room
  • Carpet
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Porch
  • Property is near public transit and shops

Community Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(water), unit 2 owner pays(water), unit 3 owner pays(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,783

Year Built

Built in 1903

Lot Details

2,174 Sq Ft Lot

Listing Details

  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0499
  • Lot Size: 87.00 x 25.00
  • Co List Office Mls Id: BEST01
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1903
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator), Unit 3(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water), Unit 3 Owner Pays(Water)
  • Has Basement: Full, Utility Room
  • Flooring: Unit 1 Carpet, Unit 2 Carpet, Unit 3 Carpet
  • Interior Amenities: Unit 1(4 Bedrooms,Kitchen,Living Room,2+ Baths), Unit 2(Kitchen,5+ Bedrooms,Living Room,2+ Baths), Unit 3(2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 3220

Exterior Features

  • Lot Features: Near Shopping, Near Public Transit
  • Exterior Features: Porch(es) - Open, Sidewalk, Yard
  • Patio And Porch Features: Porch(es) - Open
  • Roof: Asphalt, Flat

Garage/Parking

  • Parking Features: On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 2174

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 6783
  • Tax Year: 2020

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
Nov 6, 2021
Sold by
Nasim Mohammad A
Bought by
Seller's Agent
MOHAMMAD KHAN
BEST REALTY
List Price
$406,000
Sold Price
$406,000
Current Estimated Value
$648,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,698
Avg. Annual Appreciation
10.17%
Original Mortgage
$304,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 28, 2013
Closed on
Dec 12, 2013
Sold by
391 S 11Th Street Llc
Bought by
Nasim Mohammad A
Seller's Agent
DOREEN PALL LEFKANDINOS
HOMELAND REALTY
Buyer's Agent
DOREEN PALL LEFKANDINOS
HOMELAND REALTY
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.47%

Purchase Details

Listed on
Dec 28, 2013
Closed on
Nov 29, 2013
Bought by
Nasim Mohammad
Seller's Agent
DOREEN PALL LEFKANDINOS
HOMELAND REALTY
Buyer's Agent
DOREEN PALL LEFKANDINOS
HOMELAND REALTY
Sold Price
$335,000

Purchase Details

Closed on
Jan 31, 2013
Sold by
Solomon Builders Llc
Bought by
391 S 11Th Street Llc

Purchase Details

Closed on
Jul 23, 2010
Sold by
Vogel Amy
Bought by
Solomon Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
4.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 3, 2008
Sold by
Bank Of America National Association
Bought by
Vogel Amy

Purchase Details

Closed on
Jan 6, 2006
Sold by
Fernandez Adolfo
Bought by
Gordon Glen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,400
Interest Rate
6.31%

Purchase Details

Closed on
Feb 17, 2004
Sold by
R F Leslie Investments
Bought by
Fernandez Adolfo
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in West Side, NJ

  • Carol Rowe-Mair Real Estate Agent - RE/MAX FIRST REALTY, INC.

    Carol Rowe-Mair

    Responds Quickly

    RE/MAX FIRST REALTY, INC.

    (908) 460-8204

    58 Total Sales

    2 in West Side

    $550,000 Price Range

    Carol Rowe-Mair
     Section Image
  • Jamel Driver Real Estate Agent - EXP Realty, LLC

    Jamel Driver

    EXP Realty, LLC

    (866) 792-3606

    22 Total Sales

    4 in West Side

    $280K - $420K Price Range

    Jamel Driver
     Section Image
  • Mitchel Lafortune Real Estate Agent - Essential Real Estate

    Mitchel Lafortune

    Essential Real Estate

    (908) 676-6244

    16 Total Sales

    1 in West Side

    $307,000 Price

    Mitchel Lafortune
     Section Image
  • Gretchen Jones Real Estate Agent - Weichert Realtors, Wayne

    Gretchen Jones

    Weichert Realtors, Wayne

    (973) 348-6122

    1 Total Sale

    1 in West Side

    $605,000 Price

    Gretchen Jones
     Section Image
  • Carlos Alex Jesus Real Estate Agent - CENTURY 21 VENTURE REAL ESTATE

    Carlos Alex Jesus

    Responds Quickly

    CENTURY 21 VENTURE REAL ESTATE

    (862) 352-7762

    69 Total Sales

    2 in West Side

    $278,000 Price Range

    Carlos Alex Jesus
     Section Image
  • William Liederman Real Estate Agent - COLDWELL BANKER REALTY

    William Liederman

    COLDWELL BANKER REALTY

    (862) 225-6943

    100 Total Sales

    4 in West Side

    $260K - $625K Price Range

    William Liederman
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$406,000 New Title Company Name
Nasim Mohammad A $335,000 --
Nasim Mohammad $335,000 --
Nasim Mohammad $335,000 --
391 S 11Th Street Llc $135,000 Elite Title Group Llc
Solomon Builders Llc -- Commonwealth Land Title Insu
Vogel Amy $89,300 Multiple
Gordon Glen $363,000 --
Fernandez Adolfo $272,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $304,500
Previous Owner Solomon Builders Llc $555,000
Previous Owner Gordon Glen $290,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2022 02/15/22 Off Market $406,000 -- --
11/16/2021 11/16/21 Sold $406,000 0.0% $126 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $406,000 +21.2% $126 / Sq Ft
12/28/2013 12/28/13 Sold $335,000 -- -- View Prior Sale
Source: All Jersey MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,673 $291,900 $29,000 $262,900
2025 $11,673 $291,900 $29,000 $262,900
2024 $10,882 $291,900 $29,000 $262,900
2022 $6,669 $178,500 $29,400 $149,100
2021 $6,665 $178,500 $29,400 $149,100
2020 $6,783 $178,500 $29,400 $149,100
2019 $6,713 $178,500 $29,400 $149,100
2018 $6,592 $178,500 $29,400 $149,100
2017 $6,355 $178,500 $29,400 $149,100
2016 $6,140 $178,500 $29,400 $149,100
2015 $5,907 $178,500 $29,400 $149,100
2014 $5,535 $178,500 $29,400 $149,100
Source: Public Records

Agents Affiliated with this Home

  • MK

    Seller's Agent in 2021

    MOHAMMAD KHAN

    RE/MAX

    (856) 505-9916

    1 in this area

    1 Total Sale

    MOHAMMAD KHAN
    Section Image
  • Bruce Parker Real Estate Agent - RE/MAX

    Seller Co-Listing Agent in 2021

    Bruce Parker

    RE/MAX

    (908) 202-5738

    1 in this area

    162 Total Sales

    Bruce Parker
    Section Image

  • DP

    Seller's Agent in 2013

    DOREEN PALL LEFKANDINOS

    HOMELAND REALTY

See All Agents

Map

Source: All Jersey MLS

MLS Number: 2115301R

All Jersey MLS

APN: 14-00265-0000-00011

New Jersey Essex County Newark 07103 West Side

391 S 11th St, Newark, NJ

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