NOT LISTED FOR SALE

56 S 14th St Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $587,000 - $726,382

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

Last Sold August 21, 2020

Last sale price $195,000

Est. 249% increase in value since last sale

Current estimated payment $4,646/month

4 Days on Market

About This Home

As of August 2020

This home is located at 56 S 14th St, Newark, NJ 07107 since 14 November 2019 and is currently estimated at $681,346. This property was built in 1900. 56 S 14th St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Harriet Tubman School, and Camden Street Elementary School.

Last Agent to Sell the Property

LUIS LEIVA

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 11/14/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,203

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,203

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Essex
  • Street Number Display: 56
  • I D: 4945311
  • Modified: 2021-08-22
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • 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

Closed on
May 2, 2023
Sold by
Ng Tower Llc
Bought by
56 S 14Th St Llc
Current Estimated Value
$681,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Outstanding Balance
$522,311
Interest Rate
6.42%
Mortgage Type
Construction
Estimated Equity
$143,290

Purchase Details

Closed on
Feb 3, 2021
Sold by
New 15Th Llc
Bought by
Gutman Josef

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2019
Closed on
Aug 3, 2020
Sold by
56 South 14Th Llc
Bought by
New 15Th Llc
Seller's Agent
LUIS LEIVA
EXP REALTY, LLC
List Price
$140,000
Sold Price
$195,000
Premium/Discount to List
$55,000
39.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.71%
Original Mortgage
$230,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2019
Closed on
Jul 29, 2020
Sold by
Holton Nathaniel
Bought by
56 South 14Th Llc
Seller's Agent
LUIS LEIVA
EXP REALTY, LLC
List Price
$140,000
Sold Price
$195,000
Premium/Discount to List
$55,000
39.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 29, 2016
Closed on
Dec 23, 2015
Sold by
Fannie Mae
Bought by
56 S 14 St Llc
Seller's Agent
Jose Nunes
NJ REALTY PLUS
Buyer's Agent
Jose Nunes
NJ REALTY PLUS
Sold Price
$46,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.94%

Purchase Details

Closed on
Oct 2, 2014
Sold by
Fontoura Armando Sheriff
Bought by
Federal National Mortgage Assoc
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
56 S 14Th St Llc $670,000 None Listed On Document
Gutman Josef -- Dekel Abstract Llc
New 15Th Llc -- Amtrust Title Insurance Co
56 South 14Th Llc $195,000 Dekel Abstract Llc
56 S 14 St Llc $46,500 None Available
Federal National Mortgage Assoc $100 --
Federal National Mortgage Assoc $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 56 S 14Th St Llc $536,000
Previous Owner Gutman Josef $346,000
Previous Owner New 15Th Llc $230,000
Previous Owner 56 South 14Th Llc $230,000
Previous Owner Holton Nathaniel $333,841
Previous Owner 56 S 14St Llc $238,000
Previous Owner Community Loan Fund Of New Jersey Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $195,000 +39.3% --
11/18/2019 11/18/19 Pending -- -- --
11/14/2019 11/14/19 For Sale $140,000 +201.1% --
01/29/2016 01/29/16 Sold $46,500 -- --
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 $11,203 $300,500 $20,200 $280,300
2024 $11,203 $300,500 $20,200 $280,300
2023 $8,159 $300,500 $20,200 $280,300
2022 $8,159 $218,400 $20,200 $198,200
2021 $8,155 $218,400 $20,200 $198,200
2020 $8,299 $218,400 $20,200 $198,200
2019 $8,214 $218,400 $20,200 $198,200
2018 $3,058 $82,800 $20,200 $62,600
2017 $2,948 $82,800 $20,200 $62,600
2016 $2,848 $82,800 $20,200 $62,600
2015 $2,740 $82,800 $20,200 $62,600
2014 $2,568 $82,800 $20,200 $62,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    LUIS LEIVA

    EXP REALTY, LLC

  • J

    Seller's Agent in 2016

    Jose Nunes

    NJ REALTY PLUS

    (908) 409-5000

    6 Total Sales

    Jose Nunes
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3601154

Garden State MLS

APN: 14-01866-0000-00058

New Jersey Essex County Newark 07107 Fairmount

56 S 14th St, Newark, NJ

This home is located at 56 S 14th St, Newark, NJ 07107 since 14 November 2019 and is currently estimated at $681,346. This property was built in 1900. 56 S 14th St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Harriet Tubman School, and Camden Street Elementary School.

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