Seller's Agent in 2023
Edward Gelley
Weichert Home City Realty
(973) 666-1113
3 in this area
124 Total Sales
551 18th Ave Newark, NJ 07103
West Side NeighborhoodEstimated Value: $609,604 - $722,000
9
Beds
3
Baths
--
Sq Ft
2,500
Sq Ft Lot
About This Home
As of July 2023Investors Dream! 3 family renovated in 2021 seperate utilites. Each unit consisting of 3 bedrooms, 1 bath, living room, eat-in-kitchen. Structual issues being sold strictly "as is, where is " Priced to sell MUST SEE!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,628
Lot Details
- 2,500 Sq Ft Lot
Home Design
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Community Details
- No Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 00002 / 00360
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 22, 2025
Sold by
551 18Th Avenue Llc
Bought by
551 18 Ave Vmsh Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$722,500
Outstanding Balance
$721,274
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
-$68,123
Purchase Details
Closed on
Jan 11, 2023
Sold by
Sofer Herschy
Bought by
551 18Th Avenue Llc
Purchase Details
Closed on
Sep 10, 2020
Sold by
Hayes Donna and Estate Of Johnoria Hayes
Bought by
Sofer Herschy
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 551 18 Ave Vmsh Llc | -- | None Listed On Document | |
| 551 18Th Avenue Llc | -- | None Listed On Document | |
| Sofer Herschy | $185,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 551 18 Ave Vmsh Llc | $722,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/21/2023 07/21/23 | Sold | $460,000 | -7.8% | -- |
| 06/12/2023 06/12/23 | Pending | -- | -- | -- |
| 05/16/2023 05/16/23 | For Sale | $499,000 | -- | -- |
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 | $7,616 | $204,300 | $28,100 | $176,200 |
| 2024 | $7,616 | $204,300 | $28,100 | $176,200 |
| 2022 | $7,633 | $204,300 | $28,100 | $176,200 |
| 2021 | $7,629 | $204,300 | $28,100 | $176,200 |
| 2020 | $7,763 | $204,300 | $28,100 | $176,200 |
| 2019 | $7,684 | $204,300 | $28,100 | $176,200 |
| 2018 | $7,545 | $204,300 | $28,100 | $176,200 |
| 2017 | $7,273 | $204,300 | $28,100 | $176,200 |
| 2016 | $7,028 | $204,300 | $28,100 | $176,200 |
| 2015 | $6,760 | $204,300 | $28,100 | $176,200 |
| 2014 | $6,335 | $204,300 | $28,100 | $176,200 |
Source: Public Records
Agents Affiliated with this Home
-
Edward Gelley
Map
Source: New Jersey MLS
MLS Number: 23014535
APN: 14-00360-0000-00002
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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