NOT LISTED FOR SALE

494 S 18th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $667,000 - $1,231,000

3 Beds
1 Bath
1,000 Sq Ft
$1,022/Sq Ft Est. Value

About This Home

APARTMENT FOR RENT!

Reasonable price
Well-maintained apartment
Maximized sunlight and fresh air
Ready to use kitchen appliances
Near to the city's amenities and transportation
Minimum of 1-year lease contract
Requires credit and background check upon applying
Ideal for small families, professionals, and students
No broker fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2022
Sold by
494 S 18Th St Llc
Bought by
494 South 18 Llc
Current Estimated Value
$1,022,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$571,000
Outstanding Balance
$547,496
Interest Rate
5.54%
Mortgage Type
Construction
Estimated Equity
$463,581

Purchase Details

Closed on
Jan 25, 2021
Sold by
City Of Newark
Bought by
494 S 18Th 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
$488,000
Interest Rate
2.6%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 27, 2014
Sold by
Newark City Of
Bought by
Octavia Homes Llc

Purchase Details

Closed on
Jun 27, 1997
Sold by
Newark
Bought by
Williams Kingsley
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
494 South 18 Llc $952,000 --
494 S 18Th St Llc $300,100 Successful Abstract
Octavia Homes Llc $5,000 --
Octavia Homes Llc $5,000 --
Williams Kingsley $4,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 494 South 18 Llc $571,000
Previous Owner 494 S 18Th St Llc $488,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $2,150 -- --
09/23/2024 09/23/24 Price Changed $2,150 -4.4% $2 / Sq Ft
08/06/2024 08/06/24 For Rent $2,250 -- --

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 $1,540 $41,300 $31,300 $10,000
2024 $1,540 $41,300 $31,300 $10,000
2023 $1,543 $41,300 $31,300 $10,000
2022 $1,543 $41,300 $31,300 $10,000
2021 $1,542 $41,300 $31,300 $10,000
2020 $0 $41,300 $31,300 $10,000
2019 $0 $41,300 $31,300 $10,000
2018 $0 $41,300 $31,300 $10,000
2017 $1,449 $41,300 $31,300 $10,000
2016 $1,421 $41,300 $31,300 $10,000
2015 $1,367 $41,300 $31,300 $10,000
2014 -- $41,300 $31,300 $10,000
Source: Public Records

Map

New Jersey Essex County Newark 07103 West Side

494 S 18th St, Newark, NJ

This home is located at 494 S 18th St, Newark, NJ 07103 and is currently estimated at $1,022,000, approximately $1,022 per square foot. 494 S 18th St 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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