NOT LISTED FOR SALE

573 S 18th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $774,836

6 Beds
4.5 Baths
-- Sq Ft
3,328 Sq Ft Lot

Last Sold August 19, 2022

Last sale price $625,000

Est. 24% increase in value since last sale

Current estimated payment $5,017/month

72 Days on Market

About This Home

As of August 2022

Brand New 2- family. 6 total bedrooms and 4.5 bathrooms. Oversized two-car garage. Each unit features a fully-equipped kitchen including Dishwasher. living/dining Combo. Very large bedrooms with lots of closets. Large master bedroom has two walk in closets. Central air/heating in each Unit. washer/dryer hookup provided. Property qualifies for a 5-year tax abatement and 10 year Home Owners warranty. Hardwood floors

Last Agent to Sell the Property

Dilip Luthra

Realty Mark Central Listed on: 10/04/2021

Realty Mark Central

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,227

Lot Details

  • 3,328 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms

Listing and Financial Details

  • Legal Lot and Block 00012 / 00340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,227

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: Hook Ups
  • Co List Office Phone: 609-716-8400
  • MLS Status: Sold - Sold
  • Directions: It is a one way street and located between 16th and 17th Ave, Off of Parkway into South Orange Ave, make a right onto 18th St,
  • Architectural Style: 2 Family
  • Year Built Details: 2020's,New Const-New Fdn
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 3328.0

Tax Info

  • Tax Annual Amount: 1227.0
  • Tax Block: 00340
  • Tax Lot: 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Aug 12, 2022
Sold by
Benefits Properties Llc
Bought by
Adedoyin Solomon
Seller's Agent
Dilip Luthra
Realty Mark Central
Buyer's Agent
Outside Agent
Outside Office
List Price
$610,000
Sold Price
$625,000
Premium/Discount to List
$15,000
2.46%
Current Estimated Value
$774,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,836
Avg. Annual Appreciation
7.48%
Original Mortgage
$565,984
Outstanding Balance
$541,698
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$233,138
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
Adedoyin Solomon $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adedoyin Solomon $565,984
Previous Owner Benefits Properties Llc $762,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $625,000 +2.5% --
12/15/2021 12/15/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $610,000 -- --
Source: New Jersey 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 -- $445,300 $32,300 $413,000
2024 -- $445,300 $32,300 $413,000
2022 $1,207 $32,300 $32,300 $0
2021 $1,206 $32,300 $32,300 $0
2020 $1,227 $32,300 $32,300 $0
2019 $1,215 $32,300 $32,300 $0
2018 $1,193 $32,300 $32,300 $0
2017 $1,150 $32,300 $32,300 $0
2016 $1,111 $32,300 $32,300 $0
2015 $1,069 $32,300 $32,300 $0
2014 $1,002 $32,300 $32,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Dilip Luthra

    Seller's Agent in 2022

    Dilip Luthra

    Realty Mark Central

    (609) 273-1212

    4 in this area

    59 Total Sales

    Section Image

  • O

    Buyer's Agent in 2022

    Outside Agent

    Outside Office

See All Agents

Map

Source: New Jersey MLS

MLS Number: 21039755

New Jersey MLS

APN: 14-00340-0000-00012-03

New Jersey Essex County Newark 07103 West Side

573 S 18th St, Newark, NJ

This home is located at 573 S 18th St, Newark, NJ 07103 since 04 October 2021 and is currently estimated at $774,836. 573 S 18th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Lincoln Elementary School, and Louise A. Spencer 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.

New Jersey MLS 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.

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