NOT LISTED FOR SALE

423 18th Ave Newark, NJ 07108

West Side Neighborhood

Estimated Value: $254,000 - $573,000

-- Bed
-- Bath
-- Sq Ft
9,148 Sq Ft Lot

Last Sold March 09, 2016

Last sale price $25,000

Est. 1,732% increase in value since last sale

Current estimated payment $2,882/month

203 Days on Market

About This Home

As of March 2016

This home is located at 423 18th Ave, Newark, NJ 07108 since 29 June 2015 and is currently estimated at $460,295. This property was built in 1900. 423 18th Ave is a home located in Essex County with nearby schools including Louise A. Spencer School, Belmont Runyon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

Manuel Couto

NENO-ROSA AGENCY Brokerage Phone: 201-997-7860 Listed on: 06/29/2015

Last Buyer's Agent

Manuel Couto

NENO-ROSA AGENCY Brokerage Phone: 201-997-7860 Listed on: 06/29/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 9,148 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Essex
  • I D: 4548478
  • Attribution Contact: 201-997-7860
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25x120
  • Total Acres: 0.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2016
Sold by
Maiga Habibou
Bought by
Sow Sophie
Current Estimated Value
$458,070

Purchase Details

Listed on
Jun 29, 2015
Closed on
Mar 18, 2016
Sold by
Fannie Mae
Bought by
Maiga Habibou
Seller's Agent
Manuel Couto
NENO-ROSA AGENCY
Buyer's Agent
Manuel Couto
NENO-ROSA AGENCY
List Price
$48,500
Sold Price
$25,000
Premium/Discount to List
-$23,500
-48.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.66%

Purchase Details

Closed on
Sep 24, 2014
Sold by
Sheriff Armando Fontoura
Bought by
Federal National Mor

Purchase Details

Closed on
Jul 22, 2008
Sold by
Samnii Llc
Bought by
Mihaylov Linest

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
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2008
Sold by
Wangwe Sally
Bought by
Samnii Llc

Purchase Details

Closed on
Apr 23, 2008
Sold by
Citibank Na
Bought by
Wangwe Sally

Purchase Details

Closed on
Jan 3, 2008
Sold by
Ukaegbu Comfort
Bought by
Citibank Na

Purchase Details

Closed on
Aug 16, 2006
Sold by
Cummings Christopher
Bought by
Ukaegbu Comfort

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
8.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 13, 2005
Sold by
Ottoman Co Ltd
Bought by
Cummings Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 23, 2003
Sold by
Village Builders
Bought by
Ottoman Co

Purchase Details

Closed on
Sep 16, 2003
Sold by
Federal National Mortgage Association
Bought by
Village Builders

Purchase Details

Closed on
Jan 24, 2001
Sold by
T&J Ltd Inc
Bought by
Mcmillan Therman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
7.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sow Sophie $175,000 Prestige Title Agency Inc
Maiga Habibou $25,000 None Available
Federal National Mor $100 --
Federal National Mor $100 --
Mihaylov Linest $340,000 Supreme Title Agency Llc
Samnii Llc -- Supreme Title Agency Llc
Wangwe Sally $87,000 Supreme Title Agency Llc
Citibank Na -- None Available
Ukaegbu Comfort $285,000 --
Cummings Christopher $230,000 --
Ottoman Co $85,000 --
Village Builders $31,000 --
Mcmillan Therman $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mihaylov Linest $306,000
Previous Owner Ukaegbu Comfort $228,000
Previous Owner Cummings Christopher $184,000
Previous Owner Mcmillan Therman $82,500
Closed Maiga Habibou --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2016 03/09/16 Sold $25,000 -48.5% --
01/18/2016 01/18/16 Pending -- -- --
06/29/2015 06/29/15 For Sale $48,500 -- --
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 $5,696 $152,800 $24,200 $128,600
2024 $5,696 $152,800 $24,200 $128,600
2022 $5,709 $152,800 $24,200 $128,600
2021 $5,706 $152,800 $24,200 $128,600
2020 $5,806 $152,800 $24,200 $128,600
2019 $5,747 $152,800 $24,200 $128,600
2018 $5,643 $152,800 $24,200 $128,600
2017 $5,440 $152,800 $24,200 $128,600
2016 $5,256 $152,800 $24,200 $128,600
2015 $5,056 $152,800 $24,200 $128,600
2014 $4,738 $152,800 $24,200 $128,600
Source: Public Records

Agents Affiliated with this Home

  • Manuel Couto

    Seller's Agent in 2016

    Manuel Couto

    NENO-ROSA AGENCY

    (908) 490-0534

    4 in this area

    70 Total Sales

    Manuel Couto
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Map

Source: Garden State MLS

MLS Number: 3234979

Garden State MLS

APN: 14-02613-0000-00007

New Jersey Essex County Newark 07103 West Side

423 18th Ave, Newark, NJ

Not Listed for Sale

MultiFamily

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