NOT LISTED FOR SALE

481 S 11th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $621,000 - $773,000

-- Bed
-- Bath
2,204 Sq Ft
$310/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $392,000 $178 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,478/month

35 Days on Market

About This Home

As of September 2021

This home is located at 481 S 11th St, Newark, NJ 07103 since 14 July 2021 and is currently estimated at $684,191, approximately $310 per square foot. This property was built in 1910. 481 S 11th St is a home located in Essex County with nearby schools including Harriet Tubman School, Camden Street Elementary School, and Cleveland Elementary School.

Last Agent to Sell the Property

Jeanmichel Sery

JD FRANCES REALTY & G.R. Brokerage Phone: 973-744-2700 Listed on: 07/14/2021

Last Buyer's Agent

SANDRA WILLIAMS

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,500

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,500

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • County Name: Essex
  • Street Number Display: 481
  • I D: 5088322
  • Modified: 2022-10-01
  • Number Images: 1
  • Attribution Contact: 973-744-2700
  • 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
Jul 14, 2021
Closed on
Sep 16, 2021
Sold by
Leonard Bruce J
Bought by
Nunez Lisbet S
Seller's Agent
Jeanmichel Sery
JD FRANCES REALTY & G.R.
Buyer's Agent
SANDRA WILLIAMS
EXP REALTY, LLC
List Price
$392,000
Sold Price
$392,000
Current Estimated Value
$627,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,425
Avg. Annual Appreciation
15.52%
Original Mortgage
$396,191
Outstanding Balance
$362,072
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$322,119

Purchase Details

Listed on
May 27, 2017
Closed on
Jul 5, 2017
Sold by
Sharpe Jermaine and Sharpe Mary
Bought by
Leonardo Bruce J
Seller's Agent
Joseph Menza
MENZA REALTY
Buyer's Agent
Joseph Menza
MENZA REALTY
List Price
$340,000
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.41%
Original Mortgage
$333,841
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 4, 2009
Sold by
Us Bank National Association
Bought by
Sharpe Jermaine and Sharpe Mary

Purchase Details

Closed on
Aug 3, 2009
Sold by
Fratello Debra L
Bought by
Us Bank National Association

Purchase Details

Closed on
Jun 12, 2007
Sold by
Thomas Jacob
Bought by
Fratello Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2005
Sold by
481 South 11Th Assoc Llc
Bought by
Thomas Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
8.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 3, 1992
Sold by
Fontoura Armando B Sheriff
Bought by
Kelling Lizzie
Source: Public Records

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 Buyer Sale Price Title Company
Nunez Lisbet S $403,500 Foundation Title Llc
Leonardo Bruce J $340,000 New Herizon Abstract
Sharpe Jermaine $30,000 Fortune Title Agency Inc
Us Bank National Association -- None Available
Fratello Debra L $360,000 None Available
Thomas Jacob $330,000 --
Kelling Lizzie $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez Lisbet S $63,329
Open Nunez Lisbet S $396,191
Previous Owner Leonard Bruce J $327,146
Previous Owner Leonardo Bruce J $333,841
Previous Owner Fratello Debra L $306,000
Previous Owner Thomas Jacob $313,500
Previous Owner 481 S 11Th Associates Llc $8,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $392,000 0.0% $178 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $392,000 +15.3% $178 / Sq Ft
07/05/2017 07/05/17 Sold $340,000 0.0% $154 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
05/27/2017 05/27/17 For Sale $340,000 -- $154 / Sq Ft
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 $12,500 $335,300 $31,300 $304,000
2024 $12,500 $335,300 $31,300 $304,000
2022 $7,741 $207,200 $31,300 $175,900
2021 $7,737 $207,200 $31,300 $175,900
2020 $7,874 $207,200 $31,300 $175,900
2019 $7,793 $207,200 $31,300 $175,900
2018 $5,576 $151,000 $31,300 $119,700
2017 $5,376 $151,000 $31,300 $119,700
2016 $5,194 $151,000 $31,300 $119,700
2015 $4,997 $151,000 $31,300 $119,700
2014 $4,683 $151,000 $31,300 $119,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jeanmichel Sery

    JD FRANCES REALTY & G.R.

    (862) 201-9086

    14 in this area

    92 Total Sales

    Section Image

  • S

    Buyer's Agent in 2021

    SANDRA WILLIAMS

    EXP REALTY, LLC

  • Joseph Menza

    Seller's Agent in 2017

    Joseph Menza

    MENZA REALTY

    (973) 699-0222

    64 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3727292

Garden State MLS

APN: 14-00287-0000-00014

New Jersey Essex County Newark 07103 West Side

481 S 11th St, Newark, NJ

This home is located at 481 S 11th St, Newark, NJ 07103 since 14 July 2021 and is currently estimated at $684,191, approximately $310 per square foot. This property was built in 1910. 481 S 11th St is a home located in Essex County with nearby schools including Harriet Tubman School, Camden Street Elementary School, and Cleveland Elementary School.

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