502 S 18th St Unit 1 Newark, NJ 07103
West Side NeighborhoodEstimated Value: $471,000 - $699,000
3
Beds
1
Bath
1,408
Sq Ft
$404/Sq Ft
Est. Value
About This Home
This home is located at 502 S 18th St Unit 1, Newark, NJ 07103 and is currently estimated at $568,533, approximately $403 per square foot. 502 S 18th St Unit 1 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 9, 2022
Sold by
505 South 18Th Street Llc
Bought by
Gibbs Matthew
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,577
Outstanding Balance
$441,244
Interest Rate
6.33%
Estimated Equity
$127,289
Purchase Details
Closed on
Jul 19, 2022
Sold by
Dda Pioneer Investment Group Llc
Bought by
505 South 18Th St Llc
Purchase Details
Closed on
Nov 13, 2019
Sold by
Newark City Of
Bought by
Dda Pioneer Invest Group
Purchase Details
Closed on
Jan 29, 2015
Bought by
City Of Newark
Purchase Details
Closed on
Jul 14, 2010
Sold by
Scott George
Bought by
Homes Octavia
Purchase Details
Closed on
Jan 17, 2008
Sold by
Tactical Investment Group Llc
Bought by
Allen Marcellus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 11, 2007
Sold by
Thompson Wanda
Bought by
Tactical Investment Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,900
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 15, 2004
Sold by
Boilers R Us Llc
Bought by
Thompson Wanda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 14, 2003
Sold by
Reaves Jessie
Bought by
Boilers R Us Llc
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 |
|---|---|---|---|
| Gibbs Matthew | $465,000 | Stewart Title | |
| 505 South 18Th St Llc | $100,000 | Foundation Title | |
| Dda Pioneer Invest Group | $10,000 | Misc Company | |
| City Of Newark | -- | -- | |
| Homes Octavia | -- | Multiple | |
| Scott George | $35,000 | Multiple | |
| Allen Marcellus | $375,000 | New Jersey Title Ins Co | |
| Tactical Investment Group Llc | $110,000 | New Jersey Title Ins Co | |
| Thompson Wanda | $220,000 | -- | |
| Boilers R Us Llc | $20,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gibbs Matthew | $456,577 | |
| Previous Owner | Allen Marcellus | $300,000 | |
| Previous Owner | Tactical Investment Group Llc | $138,900 | |
| Previous Owner | Thompson Wanda | $209,000 |
Source: Public Records
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 | $5,555 | $308,400 | $29,700 | $278,700 |
| 2024 | $5,555 | $308,400 | $29,700 | $278,700 |
| 2022 | $5,567 | $149,000 | $29,700 | $119,300 |
| 2021 | $5,564 | $149,000 | $29,700 | $119,300 |
| 2020 | $0 | $149,000 | $29,700 | $119,300 |
| 2019 | $0 | $149,000 | $29,700 | $119,300 |
| 2018 | $0 | $149,000 | $29,700 | $119,300 |
| 2017 | $0 | $149,000 | $29,700 | $119,300 |
| 2016 | $0 | $149,000 | $29,700 | $119,300 |
| 2015 | $4,930 | $149,000 | $29,700 | $119,300 |
| 2014 | $4,620 | $149,000 | $29,700 | $119,300 |
Source: Public Records
Map
Nearby Homes
- 512 S 17th St
- 595 15th Ave
- 535 S 18th St
- 537 S 18th St
- 500 S 20th St Unit 502
- 502 S 20th St
- 489 15th Ave
- 550-552 S 19th St
- 369 14th Ave
- 474 S 15th St Unit 2
- 440 S 16th St
- 484 S 19th St
- 486 S 19th St
- 512 S 15th St
- 461 S 14th St
- 510 S 15th St
- 431-433 S 18th St
- 431-433 S 18th St Unit 4
- 522 S 15th St
- 407-409 S 15th St
- 500 S 18th St Unit 3
- 500 S 18th St
- 502 S 18th St
- 502 S 18th St Unit 2
- 498 S 18th St
- 496 S 18th St Unit 2
- 496 S 18th St
- 496 S 18th St
- 504-506 S 18th St
- 494 S 18th St Unit 2
- 494 S 18th St
- 495 S 17th St
- 492 S 18th St
- 497 S 17th St
- 499 S 17th St
- 504 S 18th St
- 501 S 17th St
- 490 S 18th St Unit B
- 490 S 18th St
- 505 S 18th St