NOT LISTED FOR SALE

46 Cortland St Unit 4 Newark, NJ 07105

Ironbound Neighborhood

Estimated Value: $818,480 - $1,021,000

10 Beds
4 Baths
-- Sq Ft
43 Sq Ft Lot

Last Sold August 12, 2020

Last sale price $520,000

Est. 78% increase in value since last sale

Current estimated payment $6,452/month

About This Home

As of August 2020

This home is located at 46 Cortland St Unit 4, Newark, NJ 07105 since 28 May 2020 and is currently estimated at $926,620. This property was built in 1920. 46 Cortland St Unit 4 is a home located in Essex County with nearby schools including Hawkins Street Elementary School, Lafayette Street Elementary School, and Oliver Street School.

Last Agent to Sell the Property

Christian Cobo

BHGRE ELITE Brokerage Phone: 908-316-8530 Listed on: 05/28/2020

BHGRE ELITE

Last Buyer's Agent

Christian Cobo

BHGRE ELITE Brokerage Phone: 908-316-8530 Listed on: 05/28/2020

BHGRE ELITE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,248

Year Built

  • 1920

Lot Details

  • 43 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,248

Year Built

1920

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 46
  • I D: 4979751
  • Modified: 2021-08-13
  • Number Images: 1
  • Attribution Contact: 908-316-8530
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Lot Info

  • Lot Size: 43.9X79.2
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2024
Sold by
X Properties Investments Limited Liabili
Bought by
Carmel Properties Llc
Total Days on Market
0
Current Estimated Value
$926,620

Purchase Details

Listed on
May 28, 2020
Closed on
Jul 28, 2020
Sold by
Jess Realty Group Llc
Bought by
X Properties Investments Llc
Seller's Agent
Christian Cobo
BHGRE ELITE
Buyer's Agent
Christian Cobo
BHGRE ELITE
List Price
$550,000
Sold Price
$520,000
Premium/Discount to List
-$30,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%
Original Mortgage
$557,000
Interest Rate
3%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 2, 2010
Sold by
Allen Mary
Bought by
Margaca Fernando J and Cancela Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,693
Interest Rate
5.5%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Carmel Properties Llc $930,000 First American Title
X Properties Investments Llc $520,000 New Horizon Abstract
Margaca Fernando J $293,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carmel Properties Llc $511,500
Previous Owner X Properties Investments Llc $500,500
Previous Owner X Properties Investments Llc $557,000
Previous Owner Margaca Fernando J $285,917
Previous Owner Margaca Fernando J $287,693
Previous Owner Allen Richard $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2020 08/12/20 Sold $520,000 -5.5% --
05/28/2020 05/28/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $550,000 -- --
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
2024 $15,248 $409,000 $68,500 $340,500
2022 $15,280 $409,000 $68,500 $340,500
2021 $15,272 $409,000 $68,500 $340,500
2020 $9,781 $257,400 $68,500 $188,900
2019 $9,681 $257,400 $68,500 $188,900
2018 $9,506 $257,400 $68,500 $188,900
2017 $9,163 $257,400 $68,500 $188,900
2016 $8,855 $257,400 $68,500 $188,900
2015 $8,517 $257,400 $68,500 $188,900
2014 $7,982 $257,400 $68,500 $188,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3635826

Garden State MLS

APN: 14-02482-0000-00023