NOT LISTED FOR SALE

5 Elm St Newark, NJ 07102

Downtown Newark Neighborhood

Estimated Value: $827,642 - $1,029,000

Studio
-- Bath
-- Sq Ft
1,307 Sq Ft Lot

Last Sold October 07, 2025

Last sale price $900,000

Current estimated payment $5,733/month

154 Days on Market

About This Home

As of October 2025

This home is located at 5 Elm St, Newark, NJ 07102 since 10 March 2025 and is currently estimated at $902,411. This property was built in 1892. 5 Elm St is a home located in Essex County with nearby schools including Oliver Street School, Lafayette Street Elementary School, and Sir Isaac Newton Elementary School.

Last Agent to Sell the Property

Mordy Abelesz

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 03/10/2025

EXP REALTY, LLC

Last Buyer's Agent

Milton Araujo

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1892

Lot Details

  • 1,307 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1892

Lot Details

1,307 Sq Ft Lot

Listing Details

  • Year Built: 1892
  • County Name: Essex
  • I D: 5341406
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 20.3X58
  • Total Acres: 0.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2025
Closed on
Sep 18, 2025
Sold by
Lipschutz Heather and Templer Martin
Bought by
Zovak Ilyas
Seller's Agent
Mordy Abelesz
EXP REALTY, LLC
Buyer's Agent
Milton Araujo
COLDWELL BANKER REALTY
List Price
$899,000
Sold Price
$900,000
Premium/Discount to List
$1,000
0.11%
Views
79
Current Estimated Value
$902,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,411
Avg. Annual Appreciation
0.64%
Original Mortgage
$852,500
Outstanding Balance
$848,421
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$53,990

Purchase Details

Closed on
Aug 18, 2021
Sold by
S Elm Street Llc
Bought by
Lipschutz Heather and Templer Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2021
Sold by
5 Elm Realty Llc
Bought by
5 Elm Street Llc

Purchase Details

Closed on
May 14, 2021
Sold by
5 Elm Realty Llc
Bought by
5 Elm Street Llc

Purchase Details

Closed on
Mar 2, 2021
Sold by
Correia Jose Marques and Correia Conceicion
Bought by
5 Elm Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2021
Sold by
Correia Jose Marques and Correia Conceicion
Bought by
5 Elm Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 1976
Bought by
Correia Jose M and Correia Conceicion
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Zovak Ilyas $900,000 Nu World Title
Lipschutz Heather -- None Listed On Document
5 Elm Street Llc $605,000 Adar Land & Tree Abstract In
5 Elm Street Llc $605,000 New Title Company Name
5 Elm Realty Llc $500,000 None Listed On Document
5 Elm Realty Llc $500,000 Adar Land & Tree Abstract In
Correia Jose M $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zovak Ilyas $852,500
Previous Owner Lipschutz Heather $543,750
Previous Owner 5 Elm Realty Llc $425,000
Previous Owner 5 Elm Realty Llc $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2025 10/07/25 Sold $900,000 +0.1% --
08/11/2025 08/11/25 Pending -- -- --
03/10/2025 03/10/25 For Sale $899,000 -- --
Source: Garden State MLS

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 $13,063 $350,400 $28,100 $322,300
2024 $13,063 $350,400 $28,100 $322,300
2023 $13,091 $350,400 $28,100 $322,300
2022 $13,091 $350,400 $28,100 $322,300
2021 $4,780 $128,000 $28,500 $99,500
2020 $4,864 $128,000 $28,500 $99,500
2019 $4,814 $128,000 $28,500 $99,500
2018 $4,727 $128,000 $28,500 $99,500
2017 $4,557 $128,000 $28,500 $99,500
2016 $4,403 $128,000 $28,500 $99,500
2015 $4,236 $128,000 $28,500 $99,500
2014 $3,969 $128,000 $28,500 $99,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Mordy Abelesz

    EXP REALTY, LLC

    (347) 243-7060

    1 in this area

    93 Total Sales

    Mordy Abelesz
    Section Image
  • Milton Araujo

    Buyer's Agent in 2025

    Milton Araujo

    COLDWELL BANKER REALTY

    (201) 214-3350

    1 in this area

    65 Total Sales

    Milton Araujo
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3950053

Garden State MLS

APN: 14-00872-0000-00036

New Jersey Essex County Newark 07102 Downtown Newark

5 Elm St, Newark, NJ

Not Listed for Sale

MultiFamily

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