NOT LISTED FOR SALE

489 S 12th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $615,000 - $1,777,807

-- Bed
-- Bath
533 Sq Ft
$2,473/Sq Ft Est. Value

About This Home

This home is located at 489 S 12th St, Newark, NJ 07103 and is currently estimated at $1,317,936, approximately $2,472 per square foot. 489 S 12th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Belmont Runyon School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2022
Sold by
489 S 12Th St Llc
Bought by
Mr Rosko Llc
Current Estimated Value
$1,317,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,230,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2017
Sold by
Jra Properties Llc and Angllm James
Bought by
489 S 12Th St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2014
Sold by
Lippe Robert and Lippe Laura
Bought by
Jra Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2004
Sold by
Ejiofor Carlos
Bought by
Lippe Robert and Lippe Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.81%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 2002
Sold by
Rio Realty Co
Bought by
Ejiofor Carlos and Ejiofor Lucia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,001
Interest Rate
6.81%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Mr Rosko Llc $1,500,000 Cross Bridge Title
489 S 12Th St Llc $250,000 Stewart Title Guaranty
Jra Properties Llc $290,000 --
Jra Properties Llc $290,000 --
Jra Properties Llc $290,000 --
Lippe Robert $200,000 --
Ejiofor Carlos $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mr Rosko Llc $1,230,000
Previous Owner 489 S 12Th St Llc $412,500
Previous Owner 489 S 12Th St Llc $175,000
Previous Owner Jra Properties Llc $203,000
Previous Owner Lippe Robert $307,000
Previous Owner Lippe Robert $140,000
Previous Owner Ejiofor Carlos $900,001
Source: Public Records

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 $12,172 $426,500 $120,000 $306,500
2022 $12,198 $326,500 $120,000 $206,500
2021 $12,192 $326,500 $120,000 $206,500
2020 $12,407 $326,500 $120,000 $206,500
2019 $12,280 $326,500 $120,000 $206,500
2018 $12,058 $326,500 $120,000 $206,500
2017 $11,623 $326,500 $120,000 $206,500
2016 $11,232 $326,500 $120,000 $206,500
2015 $10,804 $326,500 $120,000 $206,500
2014 $10,125 $326,500 $120,000 $206,500
Source: Public Records

Map

New Jersey Essex County Newark 07103 West Side

489 S 12th St, Newark, NJ

This home is located at 489 S 12th St, Newark, NJ 07103 and is currently estimated at $1,317,936, approximately $2,472 per square foot. 489 S 12th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Belmont Runyon School.

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.

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