$300,000
SOLD MAR 31, 2025
-- Bed
-- Bath
-- Sq Ft
25 Sq Ft Lot

Recently Sold

50% Below List Price

196 Days on Market

About This Home

As of March 2025

This home is located at 48 Elm Rd, Newark, NJ 07105 and is currently priced at $300,000. 48 Elm Rd is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

Last Agent to Sell the Property

Carlos Beltran

COMPASS NEW JERSEY LLC Brokerage Phone: 551-212-3870 Listed on: 09/11/2024

COMPASS NEW JERSEY LLC

Last Buyer's Agent

Carlos Beltran

COMPASS NEW JERSEY LLC Brokerage Phone: 551-212-3870 Listed on: 09/11/2024

COMPASS NEW JERSEY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,708

Lot Details

  • 25 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,708

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 48
  • I D: 5312779
  • Modified: 2025-03-31
  • Number Images: 0
  • Attribution Contact: 551-212-3870
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25.5X123
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2021
Sold by
48 Elm Road Llc
Bought by
Demelo Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 18, 2013
Closed on
Apr 25, 2013
Sold by
Lockmann Rocha Dilson and Lockmann Rocha Qachel
Bought by
48 Elm Road Llc
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.96%

Purchase Details

Listed on
Mar 18, 2013
Closed on
Mar 18, 2013
Sold by
Bolognini Lindy
Bought by
Rocha Dilson Lockma and Rocha Rachel
Sold Price
$125,000

Purchase Details

Closed on
Apr 3, 2001
Sold by
Serratelli John
Bought by
Barbosa Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
6.9%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Deed $390,000 Ats Title Agency Inc
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $125,000 --
Deed $195,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $390,000 New Conventional
Closed $370,000 Purchase Money Mortgage
Previous Owner $288,000 Commercial
Previous Owner $18,000 Future Advance Clause Open End Mortgage
Previous Owner $185,250 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $300,000 -50.0% --
03/26/2025 03/26/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $600,000 0.0% --
02/03/2025 02/03/25 Off Market $600,000 -- --
09/11/2024 09/11/24 For Sale $600,000 +380.0% --
03/18/2013 03/18/13 Sold $125,000 -- --
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 $9,708 $260,400 $74,700 $185,700
2022 $6,202 $166,000 $72,300 $93,700
2021 $6,198 $166,000 $72,300 $93,700
2020 $6,308 $166,000 $72,300 $93,700
2019 $6,243 $166,000 $72,300 $93,700
2018 $6,130 $166,000 $72,300 $93,700
2017 $5,910 $166,000 $72,300 $93,700
2016 $5,710 $166,000 $72,300 $93,700
2015 $5,493 $166,000 $72,300 $93,700
2014 $5,148 $166,000 $72,300 $93,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3923989

Garden State MLS

APN: 14-00995-0000-00029