Seller's Agent in 2024
Raul Cabrera
CAPC Brokerage, LLC
(201) 234-2639
2 in this area
93 Total Sales
481 S 18th St Newark, NJ 07103
West Side NeighborhoodEstimated Value: $847,000 - $848,012
6
Beds
4.5
Baths
5,000
Sq Ft
$170/Sq Ft
Est. Value
About This Home
As of September 2024Welcome to your new home at 481 South 18th St in Newark, New Jersey. This newly renovated modern 2-unit home has a total of 6 bedrooms, 4 full baths and a 1/2 bath. From the moment you enter the home, the spacious floorplan and living spaces are perfect for entertaining guests. Inside you will find large living room windows and white marble kitchen countertops creating ample natural light. Each unit offers a large primary bedroom. The home boasts an attached single car garage and an additional off street parking spot. The home is even more move-in ready thanks to its spacious backyard!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,166
Lot Details
- 2,500 Sq Ft Lot
Parking
- 1 Car Garage
Home Design
Bedrooms and Bathrooms
- 6 Bedrooms
Community Details
- No Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 00014 / 00325
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2024
Closed on
Sep 6, 2024
Sold by
Rental Shop Development Llc
Bought by
Idowu Oluwakemi
Seller's Agent
Raul Cabrera
CAPC Brokerage, LLC
Buyer's Agent
Armando Pina
Monopoly Marc Realty LLC
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,506
Avg. Annual Appreciation
7.35%
Original Mortgage
$765,872
Interest Rate
6.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 28, 2022
Sold by
Rental Shop Llc
Bought by
Rental Shop Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,500
Interest Rate
4.85%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 6, 2021
Sold by
Rental Shop Llc
Bought by
Rental Shop Llc
Purchase Details
Closed on
Nov 20, 2020
Sold by
Rental Shop Llc
Bought by
Rental Shop Llc
Purchase Details
Closed on
Jul 24, 2017
Sold by
City Properties 1
Bought by
Rental Shop Llc
Purchase Details
Listed on
Dec 31, 2012
Closed on
Dec 21, 2012
Sold by
Bisumber Tashana
Bought by
City Of Properties One Llc
Seller's Agent
Douglas Ramos
CENTURY 21 ALLIANCE REALTY
Sold Price
$45,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.55%
Purchase Details
Closed on
Oct 15, 2010
Sold by
Allegiance To Excellence Llc
Bought by
Bisumber Tashana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,524
Interest Rate
4.3%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 29, 2010
Sold by
Barrett Gerard
Bought by
Allegiance To Excellence Llc
Purchase Details
Closed on
May 21, 2008
Sold by
Smith Donald and Smith Roseanna
Bought by
Barrett Gerard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.13%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 16, 1991
Sold by
Smith Evelyn
Bought by
4Smith Evelyn and 4Smith Donald
Purchase Details
Closed on
Dec 3, 1990
Sold by
Smith Evelyn and Smith Donald
Bought by
Smith Evelyn
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Idowu Oluwakemi | $780,000 | Old Republic National Title | |
| Idowu Oluwakemi | $780,000 | Old Republic National Title | |
| Rental Shop Development Llc | -- | Olde School Title Services | |
| Rental Shop Llc | -- | None Available | |
| Rental Shop Llc | -- | None Listed On Document | |
| Rental Shop Llc | -- | None Listed On Document | |
| Rental Shop Llc | $63,636 | -- | |
| City Of Properties One Llc | $45,000 | Fidelity Natl Title Ins Co | |
| Bisumber Tashana | $149,250 | Chicago Title Insurance Co | |
| Allegiance To Excellence Llc | $35,000 | Multiple | |
| Allegiance To Excellence Llc | $35,000 | Multiple | |
| Barrett Gerard | $350,000 | First American Title Ins Co | |
| 4Smith Evelyn | -- | -- | |
| Smith Evelyn | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Idowu Oluwakemi | $765,872 | |
| Previous Owner | Rental Shop Development Llc | $422,500 | |
| Previous Owner | Bisumber Tashana | $146,524 | |
| Previous Owner | Barrett Gerard | $245,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/20/2024 09/20/24 | Sold | $780,000 | -2.4% | $156 / Sq Ft | |
| 08/13/2024 08/13/24 | Pending | -- | -- | -- | |
| 07/03/2024 07/03/24 | For Sale | $799,000 | +1675.6% | $160 / Sq Ft | |
| 12/31/2012 12/31/12 | Sold | $45,000 | -- | $9 / Sq Ft | View Prior Sale |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $1,167 | $396,200 | $31,300 | $364,900 |
| 2024 | $1,167 | $31,300 | $31,300 | $0 |
| 2022 | $1,169 | $31,300 | $31,300 | $0 |
| 2021 | $5,246 | $140,500 | $34,100 | $106,400 |
| 2020 | $5,339 | $140,500 | $34,100 | $106,400 |
| 2019 | $5,284 | $140,500 | $34,100 | $106,400 |
| 2018 | $5,189 | $140,500 | $34,100 | $106,400 |
| 2017 | $5,002 | $140,500 | $34,100 | $106,400 |
| 2016 | $4,833 | $140,500 | $34,100 | $106,400 |
| 2015 | $4,649 | $140,500 | $34,100 | $106,400 |
| 2014 | $4,357 | $99,600 | $32,400 | $67,200 |
Source: Public Records
Agents Affiliated with this Home
-
Raul Cabrera
-
Armando Pina
Buyer's Agent in 2024
Armando Pina
Monopoly Marc Realty LLC
(973) 820-6330
5 in this area
73 Total Sales
-
Douglas Ramos
Seller's Agent in 2012
Douglas Ramos
CENTURY 21 ALLIANCE REALTY
(908) 494-4611
1 in this area
51 Total Sales
Map
Source: New Jersey MLS
MLS Number: 24021364
APN: 14-00325-0000-00014
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
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