This home is located at 481 N 6th St, Newark, NJ 07107 since 13 July 2020 and is currently estimated at $470,043. This property was built in 1920. 481 N 6th St is a home located in Essex County with nearby schools including Dr. William H. Horton Elementary School, First Avenue Elementary School, and Franklin School.
CHRISTIAN KREITZ
WEICHERT REALTORSBrokerage Phone: 908-687-4800Listed on: 07/13/2020
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,715
Year Built
Built in 1920
Lot Details
3,485 Sq Ft Lot
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,715
Year Built
Built in 1920
Lot Details
0
Listing Details
Year Built: 1920
County Name: Essex
Street Number Display: 481
I D: 4998746
Modified: 2021-12-02
Number Images: 0
Attribution Contact: 908-687-4800
MLS Status: Sold
Special Features: None
Property Sub Type: MultiFamily
Lot Info
Lot Size: 33X100
Total Acres: 0.08
Ownership History
DateNameOwned ForOwner Type
Dec 2020 - PresentOaem Llc4 Years and 6 Months
Company
Purchase Details
Listed on
Jul 13, 2020
Closed on
Dec 1, 2020
Sold by
Perez Jose A and Perez Dolores I
Bought by
Oaem Llc
Buyer's Agent
CHRISTIAN KREITZ
WEICHERT REALTORS
List Price
$305,000
Sold Price
$310,000
Premium/Discount to List
$5,000
1.64%
Total Days on Market
133
Current Estimated Value
$470,043
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,043
Avg. Annual Appreciation
8.15%
Jun 2004 - Dec 2020Perez Jose and Perez Dolores16 Years and 6 Months
Private Individual
Purchase Details
Closed on
Jun 15, 2004
Sold by
Gonzalez Victor
Bought by
Perez Jose and Perez Dolores
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,952
Interest Rate
6.32%
Mortgage Type
FHA
Dec 1998 - Jun 2004Gonzalez Victor and Gonzalez Yolanda5 Years and 6 Months
Private Individual
Purchase Details
Closed on
Dec 17, 1998
Sold by
Rodriguez Oreelio
Bought by
Gonzalez Victor and Gonzalez Yolanda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,540
Interest Rate
6.7%
Mortgage Type
FHA
Apr 1996 - Dec 1998Rodriguez Orbelio2 Years and 8 Months
Private Individual
Purchase Details
Closed on
Apr 8, 1996
Sold by
Osborne Donald
Bought by
Rodriguez Orbelio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.39%
Jul 1995 - Apr 1996Osbourne Donald and Osbourne Valerie9 Months
Private Individual
Purchase Details
Closed on
Jul 20, 1995
Sold by
Federal National Mortgage Association
Bought by
Osbourne Donald and Osbourne Valerie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.61%
Dec 1988 - Jul 1995Hernandez Domingo and Hernandez Tania6 Years and 7 Months
This four-family property located in the bustling heart of Newark, New Jersey, offers a unique investment opportunity with substantial income potential. Each unit features two bedrooms and one bathroom, boasting spacious layouts and modern amenities. l. Conveniently situated near public transportation, local shops, and essential services, this property promises a steady rental market. The
CHRISTOPHER VELASTEGUIKeller Williams City Views Realty
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ICE
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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
Oaem Llc
$310,000
Guardian Title Services Llc
Perez Jose
$262,000
--
Gonzalez Victor
$125,000
--
Rodriguez Orbelio
$90,000
--
Osbourne Donald
$63,000
--
Hernandez Domingo
$53,000
--
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
Ort Coronel Angel Patricio
$100,000
Previous Owner
Perez Jose
$49,900
Previous Owner
Perez Jose
$257,607
Previous Owner
Perez Jose
$257,952
Previous Owner
Gonzalez Victor
$124,540
Previous Owner
Rodriguez Orbelio
$81,000
Previous Owner
Osbourne Donald
$57,000
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
12/01/202012/01/20
Sold
$310,000
+1.6%
--
11/23/202011/23/20
Pending
--
--
--
07/13/202007/13/20
For Sale
$305,000
--
--
Source: Garden State MLS
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 481 N 6th St, Newark, NJ 07107 since 13 July 2020 and is currently estimated at $470,043. This property was built in 1920. 481 N 6th St is a home located in Essex County with nearby schools including Dr. William H. Horton Elementary School, First Avenue Elementary School, and Franklin School.
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