NOT LISTED FOR SALE

47 3rd St Unit 2 Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $607,000 - $640,095

Studio
3 Baths
2,750 Sq Ft
$227/Sq Ft Est. Value

Sale Details

Date Sold: December 10, 2018

Last sale price $400,000 $145 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,258 / mo

13 Days on Market

About This Home

As of December 2018

This home is located at 47 3rd St Unit 2, Newark, NJ 07107 since 22 August 2018 and is currently estimated at $625,024, approximately $227 per square foot. This property was built in 1882. 47 3rd St Unit 2 is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.

Last Agent to Sell the Property

Erin Downs

COMPASS NEW JERSEY LLC Brokerage Phone: 201-433-1111 Listed on: 08/22/2018

COMPASS NEW JERSEY LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1882

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1882

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Year Built: 1882
  • County Name: Essex
  • I D: 4831842
  • Attribution Contact: 201-433-1111
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X95
  • Total Acres: 0.05

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

Closed on
Jun 26, 2025
Sold by
Bought by
Current Estimated Value
$625,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2018
Closed on
Nov 1, 2018
Sold by
Bought by
Seller's Agent
Erin Downs
COMPASS NEW JERSEY LLC
List Price
$359,000
Sold Price
$400,000
Premium/Discount to List
$41,000
11.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%

Purchase Details

Closed on
Jan 14, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,916
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 30, 2009
Sold by
Bought by
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

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
$630,000 Title Bond Agency
$380,000 --
$240,000 Crystal Title Agency
$30,000 Fidelity Natl Title Ins Co
-- None Available
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 $472,500
Previous Owner $233,916
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
12/10/2018 12/10/18 Sold $400,000 +11.4% $145 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $359,000 -- $131 / Sq Ft
Source: Garden State 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
2025 $10,466 $275,200 $20,800 $254,400
2024 $10,259 $275,200 $20,800 $254,400
2022 $10,281 $275,200 $20,800 $254,400
2021 $10,276 $275,200 $20,800 $254,400
2020 $10,458 $275,200 $20,800 $254,400
2019 $7,514 $199,800 $20,800 $179,000
2018 $7,379 $199,800 $20,800 $179,000
2017 $7,113 $199,800 $20,800 $179,000
2016 $6,873 $199,800 $20,800 $179,000
2015 $6,611 $199,800 $20,800 $179,000
2014 $6,196 $199,800 $20,800 $179,000
Source: Public Records

Agents Affiliated with this Home

  • Erin Downs

    Seller's Agent in 2018

    Erin Downs

    COMPASS NEW JERSEY LLC

    (201) 314-9444

    1 in this area

    147 Total Sales

    Erin Downs
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Map

Source: Garden State MLS

MLS Number: 3496347

Garden State MLS

APN: 14-01878-0000-00032

New Jersey Essex County Newark 07107 Fairmount

47 3rd St Unit 2, Newark, NJ

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