NOT LISTED FOR SALE

542 S 11th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $609,423 - $834,000

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

Last Sold November 30, 2018

Last sale price $375,000

Est. 85% increase in value since last sale

Current estimated payment $4,402/month

7 Days on Market

About This Home

As of November 2018

This home is located at 542 S 11th St, Newark, NJ 07103 since 01 October 2018 and is currently estimated at $694,606. 542 S 11th St is a home located in Essex County with nearby schools including Harriet Tubman School, Camden Street Elementary School, and Cleveland Elementary School.

Last Agent to Sell the Property

NATE HAYES

UNITED REAL ESTATE Brokerage Phone: 973-746-4777 Listed on: 10/01/2018

Last Buyer's Agent

NATE HAYES

UNITED REAL ESTATE Brokerage Phone: 973-746-4777 Listed on: 10/01/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,627

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,627

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 542
  • I D: 4838880
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-746-4777
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 20X137
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2021
Sold by
Kabuga Anita
Bought by
542 S 11 Newark Llc
Current Estimated Value
$694,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$126,753
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$567,853

Purchase Details

Listed on
Oct 1, 2018
Closed on
Nov 30, 2018
Sold by
542 S 1Th St Llc
Bought by
Kabuga Auita
Seller's Agent
NATE HAYES
UNITED REAL ESTATE
Buyer's Agent
NATE HAYES
UNITED REAL ESTATE
List Price
$350,000
Sold Price
$375,000
Premium/Discount to List
$25,000
7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%
Original Mortgage
$368,207
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 2014
Sold by
73 Boylan Llc
Bought by
Wilson Sidel

Purchase Details

Listed on
Jul 3, 2013
Closed on
Jul 2, 2013
Sold by
Blackwell Theresa
Bought by
73 Boylan Llc
Seller's Agent
DELLA WALKER JR
CITY WALK REALTY
Buyer's Agent
DELLA WALKER JR
CITY WALK REALTY
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.58%
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
542 S 11 Newark Llc $400,000 Dekel Abstract Llc
Kabuga Auita $375,000 --
Wilson Sidel $345,000 --
73 Boylan Llc $62,500 --
73 Boylan Llc $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 542 S 11 Newark Llc $140,000
Previous Owner Kabuga Auita $368,207
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $375,000 +7.1% --
10/08/2018 10/08/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $350,000 +400.0% --
07/03/2013 07/03/13 Sold $70,000 -- --
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 $8,627 $231,400 $34,200 $197,200
2024 $8,627 $231,400 $34,200 $197,200
2022 $8,645 $231,400 $34,200 $197,200
2021 $10,507 $281,400 $34,200 $247,200
2020 $10,693 $281,400 $34,200 $247,200
2019 $6,653 $176,900 $34,200 $142,700
2018 $6,533 $176,900 $34,200 $142,700
2017 $6,298 $176,900 $34,200 $142,700
2016 $6,085 $176,900 $34,200 $142,700
2015 $5,854 $176,900 $34,200 $142,700
2014 $5,486 $176,900 $34,200 $142,700
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    NATE HAYES

    UNITED REAL ESTATE

  • D

    Seller's Agent in 2013

    DELLA WALKER JR

    CITY WALK REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3505624

Garden State MLS

APN: 14-00308-0000-00044

New Jersey Essex County Newark 07103 West Side

542 S 11th St, Newark, NJ

This home is located at 542 S 11th St, Newark, NJ 07103 since 01 October 2018 and is currently estimated at $694,606. 542 S 11th St is a home located in Essex County with nearby schools including Harriet Tubman School, Camden Street Elementary School, and Cleveland Elementary School.

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