NOT LISTED FOR SALE

502 S 18th St Unit 1 Newark, NJ 07103

West Side Neighborhood

Estimated Value: $426,000 - $721,000

3 Beds
1 Bath
1,408 Sq Ft
$401/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 $565,304, approximately $401 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
$565,304

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
$443,742
Interest Rate
6.33%
Estimated Equity
$121,562

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.78%
Mortgage Type
Stand Alone First

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

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
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 Octavia Homes Llc $100,000
Previous Owner Octavia Homes Llc $35,000
Previous Owner Octavia Home Llc $200,000
Previous Owner Allen Marcellus $300,000
Previous Owner Tactical Investment Group Llc $138,900
Previous Owner Thompson Wanda $225,500
Previous Owner Thompson Wanda $209,000
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 $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

New Jersey Essex County Newark 07103 West Side

502 S 18th St Unit 1, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 502 S 18th St Unit 1, Newark, NJ 07103 and is currently estimated at $565,304, approximately $401 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.

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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