NOT LISTED FOR SALE

480 S 17th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $596,000 - $1,100,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold March 12, 2015

Last sale price $183,500

Est. 325% increase in value since last sale

Current estimated payment $4,923/month

About This Home

As of March 2015

This home is located at 480 S 17th St, Newark, NJ 07103 since 12 March 2015 and is currently estimated at $780,599. 480 S 17th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Lincoln Elementary School, and Louise A. Spencer School.

Last Agent to Sell the Property

joseph burgos

BURGOS REALTY COMPANY Brokerage Phone: 973-746-4777 Listed on: 03/12/2015

Last Buyer's Agent

joseph burgos

BURGOS REALTY COMPANY Brokerage Phone: 973-746-4777 Listed on: 03/12/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,138

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,138

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 480
  • I D: 4500458
  • Modified: 2016-03-13
  • Number Images: 1
  • Attribution Contact: 973-746-4777
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2015
Closed on
Feb 21, 2015
Sold by
Okoya Abu Bakr
Bought by
Congregation Yisroel Yosef Inc
Seller's Agent
joseph burgos
BURGOS REALTY COMPANY
Buyer's Agent
joseph burgos
BURGOS REALTY COMPANY
Sold Price
$183,500
Current Estimated Value
$780,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$597,099
Avg. Annual Appreciation
13.63%

Purchase Details

Closed on
May 16, 2011
Sold by
Olsen Nancy
Bought by
Renlot Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,831
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 2011
Sold by
Balogun Shereef and Alli Nurudeen M
Bought by
Okoya Abu Bakr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,831
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2006
Sold by
Dean Ras
Bought by
Balogun Shereef and Alli Nurudeen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
7.82%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 10, 2004
Sold by
T&J Contractors Inc
Bought by
Dean Ras

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,400
Interest Rate
5.6%

Purchase Details

Closed on
Sep 22, 2003
Sold by
T&J Builders Inc
Bought by
T&J Contractors Inc

Purchase Details

Closed on
Dec 22, 1991
Sold by
Fruster Donald
Bought by
Kittrell James
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Congregation Yisroel Yosef Inc $183,500 None Available
Renlot Llc $580,000 Chicago Title Insurance Co
Okoya Abu Bakr $125,000 New Jersey Title Ins Co
Balogun Shereef $369,000 --
Dean Ras $269,900 --
T&J Contractors Inc $60,000 --
Kittrell James $500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Okoya Abu Bakr $121,831
Previous Owner Balogun Shereef $295,200
Previous Owner Dean Ras $256,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2015 03/12/15 Sold $183,500 -- --
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 $8,138 $218,300 $31,300 $187,000
2024 $8,138 $218,300 $31,300 $187,000
2022 $8,156 $218,300 $31,300 $187,000
2021 $8,151 $218,300 $31,300 $187,000
2020 $8,295 $218,300 $31,300 $187,000
2019 $8,210 $218,300 $31,300 $187,000
2018 $8,062 $218,300 $31,300 $187,000
2017 $7,771 $218,300 $31,300 $187,000
2016 $7,510 $218,300 $31,300 $187,000
2015 $7,224 $218,300 $31,300 $187,000
2014 $6,769 $218,300 $31,300 $187,000
Source: Public Records

Agents Affiliated with this Home

  • j

    Seller's Agent in 2015

    joseph burgos

    BURGOS REALTY COMPANY

    (973) 692-8607

    3 in this area

    32 Total Sales

    joseph burgos
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Map

Source: Garden State MLS

MLS Number: 3190566

Garden State MLS

APN: 14-00327-0000-00049

New Jersey Essex County Newark 07103 West Side

480 S 17th St, Newark, NJ

This home is located at 480 S 17th St, Newark, NJ 07103 since 12 March 2015 and is currently estimated at $780,599. 480 S 17th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Lincoln Elementary School, and Louise A. Spencer School.

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