NOT LISTED FOR SALE

550 N 5th St Unit 2 Newark, NJ 07107

Upper Roseville Neighborhood

Estimated Value: $552,000 - $874,000

-- Bed
3 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold October 21, 2019

Last sale price $457,000

Est. 44% increase in value since last sale

Current estimated payment $4,266/month

49 Days on Market

About This Home

As of October 2019

This home is located at 550 N 5th St Unit 2, Newark, NJ 07107 since 01 May 2019 and is currently estimated at $658,627. 550 N 5th St Unit 2 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

Esther Guerra

DIAS & ASSOCIATES REALTY Brokerage Phone: 973-751-1552 Listed on: 05/01/2019

Last Buyer's Agent

Andres Crespo

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,443

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,443

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 550
  • I D: 4893812
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-751-1552
  • 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
May 1, 2019
Closed on
Oct 21, 2019
Sold by
Reinoso Segundo and Reinoso Narcisa
Bought by
Lema and Calle German P
Seller's Agent
Esther Guerra
DIAS & ASSOCIATES REALTY
Buyer's Agent
Andres Crespo
COLDWELL BANKER REALTY
List Price
$449,900
Sold Price
$457,000
Premium/Discount to List
$7,100
1.58%
Current Estimated Value
$658,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,627
Avg. Annual Appreciation
6.31%
Original Mortgage
$432,437
Outstanding Balance
$379,113
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$277,660

Purchase Details

Closed on
Apr 5, 2002
Sold by
Diedalis Drew
Bought by
Molina Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
7.13%

Purchase Details

Closed on
Dec 30, 1997
Sold by
Vargas Ulsemer
Bought by
Reinoso Segundo and Tran Nghia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7.11%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lema $457,000 --
Molina Carlos $290,000 --
Reinoso Segundo $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lema $432,437
Previous Owner Molina Carlos $275,500
Previous Owner Reinoso Segundo $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2019 10/21/19 Sold $457,000 +1.6% --
06/19/2019 06/19/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $449,900 -- --
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 $9,443 $253,300 $27,500 $225,800
2024 $9,443 $253,300 $27,500 $225,800
2022 $9,463 $253,300 $27,500 $225,800
2021 $9,458 $253,300 $27,500 $225,800
2020 $9,625 $253,300 $27,500 $225,800
2019 $5,412 $143,900 $27,500 $116,400
2018 $5,314 $143,900 $27,500 $116,400
2017 $5,123 $143,900 $27,500 $116,400
2016 $4,950 $143,900 $27,500 $116,400
2015 $4,762 $143,900 $27,500 $116,400
2014 $4,462 $143,900 $27,500 $116,400
Source: Public Records

Agents Affiliated with this Home

  • Esther Guerra

    Seller's Agent in 2019

    Esther Guerra

    DIAS & ASSOCIATES REALTY

    (973) 592-4393

    7 in this area

    77 Total Sales

    Esther Guerra
    Section Image

  • A

    Buyer's Agent in 2019

    Andres Crespo

    COLDWELL BANKER REALTY

    (862) 881-0774

    23 Total Sales

    Andres Crespo
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3553309

Garden State MLS

APN: 14-01969-0000-00009

New Jersey Essex County Newark 07107 Upper Roseville

550 N 5th St Unit 2, Newark, NJ

This home is located at 550 N 5th St Unit 2, Newark, NJ 07107 since 01 May 2019 and is currently estimated at $658,627. 550 N 5th St Unit 2 is a home located in Essex County with nearby schools including First Avenue Elementary School, Dr. William H. Horton School, and Rafael Hernandez 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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes