NOT LISTED FOR SALE

518 3rd St Newark, NJ 07107

Upper Roseville Neighborhood

Estimated Value: $558,248 - $661,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold April 14, 2021

Last sale price $395,000

Est. 53% increase in value since last sale

Current estimated payment $4,084/month

47 Days on Market

About This Home

As of April 2021

This home is located at 518 3rd St, Newark, NJ 07107 since 27 October 2020 and is currently estimated at $602,812. This property was built in 1907. 518 3rd St is a home located in Essex County with nearby schools including First Avenue Elementary School, Dr. William H. Horton School, and Rafael Hernandez School.

Last Agent to Sell the Property

Augusto Verissimo

WEICHERT REALTORS - HOME CITY Brokerage Phone: 973-741-3000 Listed on: 10/27/2020

WEICHERT REALTORS - HOME CITY

Last Buyer's Agent

Jacqueline Balza

INSPIRED DREAM REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,811

Year Built

  • Built in 1907

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,811

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Year Built: 1907
  • County Name: Essex
  • Street Number Display: 518
  • I D: 5028133
  • Modified: 2022-04-15
  • Number Images: 1
  • Attribution Contact: 973-741-3000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2020
Closed on
Mar 31, 2021
Sold by
Debarros Jose De and Debarros Rosa De
Bought by
Martinez Maycol
Seller's Agent
Augusto Verissimo
WEICHERT REALTORS - HOME CITY
Buyer's Agent
Jacqueline Balza
INSPIRED DREAM REAL ESTATE
List Price
$369,900
Sold Price
$395,000
Premium/Discount to List
$25,100
6.79%
Total Days on Market
47
Current Estimated Value
$602,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,812
Avg. Annual Appreciation
10.91%
Original Mortgage
$387,845
Outstanding Balance
$351,484
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$274,678

Purchase Details

Closed on
Oct 5, 1977
Bought by
Debarros Jose and Debarros Rosa
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Martinez Maycol $395,000 Stewart Title Guaranty Co
Debarros Jose $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Maycol $387,845
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2021 04/14/21 Sold $395,000 +6.8% --
11/23/2020 11/23/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $369,900 -- --
Source: Garden State MLS

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 $10,811 $290,000 $27,500 $262,500
2024 $10,811 $290,000 $27,500 $262,500
2022 $10,834 $290,000 $27,500 $262,500
2021 $4,858 $130,100 $27,500 $102,600
2020 $4,944 $130,100 $27,500 $102,600
2019 $4,893 $130,100 $27,500 $102,600
2018 $4,805 $130,100 $27,500 $102,600
2017 $4,632 $130,100 $27,500 $102,600
2016 $4,475 $130,100 $27,500 $102,600
2015 $4,305 $130,100 $27,500 $102,600
2014 $4,034 $130,100 $27,500 $102,600
Source: Public Records

Agents Affiliated with this Home

  • Augusto Verissimo

    Seller's Agent in 2021

    Augusto Verissimo

    WEICHERT REALTORS - HOME CITY

    (973) 420-5317

    3 in this area

    208 Total Sales

    Augusto Verissimo
    Section Image
  • Jacqueline Balza

    Buyer's Agent in 2021

    Jacqueline Balza

    INSPIRED DREAM REAL ESTATE

    (973) 220-7475

    1 in this area

    43 Total Sales

    Jacqueline Balza
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3674764

Garden State MLS

APN: 14-01951-0000-00015

New Jersey Essex County Newark 07107 Upper Roseville

518 3rd St, Newark, NJ

This home is located at 518 3rd St, Newark, NJ 07107 since 27 October 2020 and is currently estimated at $602,812. This property was built in 1907. 518 3rd St is a home located in Essex County with nearby schools including First Avenue Elementary School, Dr. William H. Horton School, and Rafael Hernandez School.

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