Seller's Agent in 2024
Jorge Velasquez
RE/MAX
(973) 418-0425
9 in this area
225 Total Sales
531 13th Ave Unit 533 Newark, NJ 07103
Fairmount Neighborhood
12
Beds
6
Baths
--
Sq Ft
5,001
Sq Ft Lot
About This Home
As of February 2024Amazing Investment Opportunity. Come see this wonderful four-family property with two VACANT units and great rental potential. Units 1R and 2R are fully occupied and features living room, kitchen, three bedrooms. Unit (1) has 1 bath, Unit (2) has 2 baths. Unit 1L and 2 L are Vacant and featuring - living room, kitchen, three bedrooms. Unit (1) has 1 bath, Unit (2) has 2 baths. All units have separate utilities. Unfinished basement is great for storage. Close to Parks, restaurants, shopping, public transportation, major highways and NYC. To preview this property, please call Ascensao Gutierrez at 973-207-0956
Last Buyer's Agent
Outside Agent
Outside Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,771
Lot Details
- 5,001 Sq Ft Lot
Home Design
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
Community Details
- No Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 00029 / 01793
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2023
Closed on
Feb 12, 2024
Sold by
Mho Bsd Capital De 3 Llc
Bought by
Johnson Margaret
Seller's Agent
Jorge Velasquez
RE/MAX Professionals 1
Buyer's Agent
Outside Agent
Outside Office
List Price
$765,000
Sold Price
$780,000
Premium/Discount to List
$15,000
1.96%
Views
130
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,271
Avg. Annual Appreciation
-3.42%
Original Mortgage
$675,213
Outstanding Balance
$664,397
Interest Rate
7.13%
Mortgage Type
FHA
Estimated Equity
$72,332
Purchase Details
Closed on
Nov 13, 2019
Sold by
Web Investments Llc
Bought by
Mho Bsd Capital De 3 Llc
Purchase Details
Closed on
May 4, 2015
Sold by
Ber Mue Llc
Bought by
Web Investments Llc
Purchase Details
Listed on
Aug 13, 2011
Closed on
Apr 30, 2012
Sold by
Berstone Equities Llc
Bought by
Ber Mue Limited Liability Company
Seller's Agent
Michele Gorman
Buy This House*
Buyer's Agent
Michele Gorman
Buy This House*
List Price
$50,000
Sold Price
$90,000
Premium/Discount to List
$40,000
80%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.82%
Purchase Details
Listed on
Aug 13, 2011
Closed on
Mar 28, 2012
Sold by
Butler Dalton and Dalton Michelle P
Bought by
Berstone Equities Llc
Seller's Agent
Michele Gorman
Buy This House*
Buyer's Agent
Michele Gorman
Buy This House*
List Price
$50,000
Sold Price
$90,000
Premium/Discount to List
$40,000
80%
Purchase Details
Closed on
Jan 31, 2005
Sold by
531 533 13Th Ave Corp
Bought by
Dalton Butler and Dalton Michelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.77%
Purchase Details
Closed on
Jul 25, 2003
Sold by
Reo1 Tcif
Bought by
Irvington Physical Therapy
Purchase Details
Closed on
May 21, 2001
Sold by
Adu Dorothy
Bought by
Sampson Stephen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
7.09%
Purchase Details
Closed on
Nov 16, 2000
Sold by
Kingdom Investments Llc
Bought by
Adu Dorothy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,250
Interest Rate
7.76%
Purchase Details
Closed on
Feb 29, 2000
Sold by
Beneficial Mortgage Corp
Bought by
Kingdom Investment 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $780,000 | Fidelity National Title | |
| Deed | -- | Madison Title Agency, Llc | |
| Deed | $250,000 | None Available | |
| Deed | -- | Quick Title Search Llc | |
| Deed | $90,000 | Quick Title Search Llc | |
| Deed | $300,000 | -- | |
| Deed | $120,887 | -- | |
| Deed | $155,000 | -- | |
| Deed | $145,000 | -- | |
| Deed | $69,900 | -- | |
| Deed | $69,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $675,213 | FHA | |
| Previous Owner | $270,000 | No Value Available | |
| Previous Owner | $139,500 | No Value Available | |
| Previous Owner | $123,250 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/13/2024 02/13/24 | Sold | $780,000 | +2.0% | -- |
| 09/15/2023 09/15/23 | Pending | -- | -- | -- |
| 07/03/2023 07/03/23 | For Sale | $765,000 | +750.0% | -- |
| 03/28/2012 03/28/12 | Sold | $90,000 | +80.0% | -- |
| 02/22/2012 02/22/12 | Price Changed | $50,000 | 0.0% | -- |
| 02/21/2012 02/21/12 | Pending | -- | -- | -- |
| 12/21/2011 12/21/11 | Pending | -- | -- | -- |
| 08/13/2011 08/13/11 | For Sale | $50,000 | -- | -- |
Source: New Jersey MLS
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 | $7,754 | $208,000 | $25,000 | $183,000 |
| 2024 | $7,754 | $208,000 | $25,000 | $183,000 |
| 2022 | $7,771 | $208,000 | $25,000 | $183,000 |
| 2021 | $7,767 | $208,000 | $25,000 | $183,000 |
| 2020 | $7,904 | $208,000 | $25,000 | $183,000 |
| 2019 | $7,823 | $208,000 | $25,000 | $183,000 |
| 2018 | $7,681 | $208,000 | $25,000 | $183,000 |
| 2017 | $7,405 | $208,000 | $25,000 | $183,000 |
| 2016 | $7,155 | $208,000 | $25,000 | $183,000 |
| 2015 | $6,883 | $208,000 | $25,000 | $183,000 |
| 2014 | $6,450 | $208,000 | $25,000 | $183,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jorge Velasquez
-
O
Buyer's Agent in 2024
Outside Agent
Outside Office
-
M
Seller's Agent in 2012
Michele Gorman
Buy This House*
Map
Source: New Jersey MLS
MLS Number: 23020437
APN: 14-01793-0000-00029
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.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
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