NOT LISTED FOR SALE

540 S 10th St Unit 542 Newark, NJ 07103

West Side Neighborhood

Estimated Value: $270,000 - $677,000

-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold May 04, 2021

Last sale price $170,000

Est. 206% increase in value since last sale

Current estimated payment $3,299/month

5 Days on Market

Highlights

  • 0.15 Acre Lot
  • Cooling Available
  • Heating Available

About This Home

As of May 2021

Two family house. Priced to sell.

Last Agent to Sell the Property

Gennaro Pagano

Keller Williams Realty West Monmouth License #0124697 Listed on: 03/02/2021

Keller Williams Realty West Monmouth

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,669

Year Built

  • Built in 1915

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 58 x 111.4

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 14-00307-01-00045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,669

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Flooring: See Remarks, Other
  • Year Built: 1915
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 58 x 111.4
  • WaterSewer Public Water: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Stories: 2
  • BasementOther: Yes

Exterior Features

  • Acres: 0.15
  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other, See Remarks
  • HeatingYN: Yes
  • Water Source: Public

Lot Info

  • Lot Dimensions: 58 x 111.4
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 14-00307-01-00045
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6669.0
  • Tax Other Annual Assessment Amount: 175500.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Mar 25, 2021
Sold by
Bank Of America Na
Bought by
Awesome Flippers Llc
Seller's Agent
Gennaro Pagano
Keller Williams Realty West Monmouth
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$125,000
Sold Price
$170,000
Premium/Discount to List
$45,000
36%
Current Estimated Value
$519,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,463
Avg. Annual Appreciation
28.75%
Original Mortgage
$236,250
Interest Rate
3.1%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 8, 2020
Sold by
Essex County Sheriff and Murchison Ruth
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 7, 2006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6.88%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

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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
Awesome Flippers Llc $170,000 Fortune Title
Bank Of America Na $213,262 None Listed On Document
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Awesome Flippers Llc $236,250
Previous Owner -- $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $170,000 +36.0% --
03/08/2021 03/08/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $125,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $6,543 $175,500 $36,800 $138,700
2024 $6,543 $175,500 $36,800 $138,700
2023 $6,557 $175,500 $36,800 $138,700
2022 $6,557 $175,500 $36,800 $138,700
2021 $6,553 $175,500 $36,800 $138,700
2020 $6,669 $175,500 $36,800 $138,700
2019 $6,601 $175,500 $36,800 $138,700
2018 $6,481 $175,500 $36,800 $138,700
2017 $6,248 $175,500 $36,800 $138,700
2016 $6,037 $175,500 $36,800 $138,700
2015 $5,807 $175,500 $36,800 $138,700
2014 $5,442 $175,500 $36,800 $138,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22105976

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 14-00307-01-00045