NOT LISTED FOR SALE

491 S 17th St Unit 2 Newark, NJ 07103

West Side Neighborhood

Estimated Value: $286,887 - $657,000

3 Beds
1 Bath
1,726 Sq Ft
$256/Sq Ft Est. Value

About This Home

This home is located at 491 S 17th St Unit 2, Newark, NJ 07103 and is currently estimated at $441,472, approximately $255 per square foot. 491 S 17th St Unit 2 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Lincoln Elementary School, and Louise A. Spencer School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2021
Sold by
Cmrb Properties Llc
Bought by
Hcs Property Group Llc
Current Estimated Value
$441,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,834,125
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2020
Sold by
Newark Property Owner 2 Llc
Bought by
Cmrb 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
$4,696,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 2019
Sold by
Ali Jabbar
Bought by
Newark Property Owner 2

Purchase Details

Closed on
Nov 22, 2005
Sold by
Bowman Kenyon
Bought by
Ali Jabbar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
7.1%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 2, 2005
Sold by
Mohammed Rahmat
Bought by
Bowman Kenyon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.47%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Hcs Property Group Llc -- Ofori Kwaku D
Cmrb Properties Llc -- Os National Resware
Newark Property Owner 2 $70,000 --
Ali Jabbar $243,000 --
Bowman Kenyon $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hcs Property Group Llc $5,834,125
Previous Owner Cmrb Properties Llc $4,696,000
Previous Owner Ali Jabbar $194,400
Previous Owner Bowman Kenyon $180,000
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 $1,696 $45,500 $31,300 $14,200
2022 $1,700 $45,500 $31,300 $14,200
2021 $1,699 $45,500 $31,300 $14,200
2020 $1,729 $45,500 $31,300 $14,200
2019 $1,711 $45,500 $31,300 $14,200
2018 $1,680 $45,500 $31,300 $14,200
2017 $1,620 $45,500 $31,300 $14,200
2016 $1,565 $45,500 $31,300 $14,200
2015 $1,506 $45,500 $31,300 $14,200
2014 $1,411 $45,500 $31,300 $14,200
Source: Public Records

Map

New Jersey Essex County Newark 07103 West Side

491 S 17th St Unit 2, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 491 S 17th St Unit 2, Newark, NJ 07103 and is currently estimated at $441,472, approximately $255 per square foot. 491 S 17th St Unit 2 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Lincoln Elementary School, and Louise A. Spencer 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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