NOT LISTED FOR SALE

577 S 12th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $846,252

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

Last Sold August 24, 2023

Last sale price $750,000

Est. 13% increase in value since last sale

Current estimated payment $5,867/month

71 Days on Market

About This Home

As of August 2023

This home is located at 577 S 12th St, Newark, NJ 07103 since 03 February 2023 and is currently estimated at $846,252. This property was built in 2023. 577 S 12th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Belmont Runyon School.

Last Agent to Sell the Property

Carlie Carreira

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 02/03/2023

EXP REALTY, LLC

Last Buyer's Agent

CHRISTOPHER LUGO-MARRERO

KELLER WILLIAMS - NJ METRO GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,575

Year Built

  • Built in 2023

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,575

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Year Built: 2023
  • County Name: Essex
  • Street Number Display: 577
  • I D: 5201656
  • Modified: 2024-08-25
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: NewHome
  • 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
Feb 3, 2023
Closed on
Jul 12, 2023
Sold by
577 South 12Th Street Llc
Bought by
Liadi Hakeem F
Seller's Agent
Carlie Carreira
EXP REALTY, LLC
Buyer's Agent
CHRISTOPHER LUGO-MARRERO
KELLER WILLIAMS - NJ METRO GROUP
List Price
$699,000
Sold Price
$750,000
Premium/Discount to List
$51,000
7.3%
Views
107
Current Estimated Value
$846,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,252
Avg. Annual Appreciation
5.89%
Original Mortgage
$736,415
Interest Rate
7.63%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 2022
Sold by
Invest Newark
Bought by
577 S 12Th Street Llc

Purchase Details

Closed on
Feb 19, 2021
Sold by
City Of Newark
Bought by
Invest Newark
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
Liadi Hakeem F $750,000 True Value Title
577 S 12Th Street Llc $45,000 Simplicity Title
Invest Newark -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liadi Hakeem F $736,415
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2023 08/24/23 Sold $750,000 -1.3% --
04/19/2023 04/19/23 Pending -- -- --
04/04/2023 04/04/23 Price Changed $760,000 +8.7% --
02/06/2023 02/06/23 For Sale $699,000 -- --
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 $16,575 $444,600 $31,300 $413,300
2024 $16,575 $444,600 $31,300 $413,300
2022 $0 $31,300 $31,300 $0
2021 $0 $31,300 $31,300 $0
2020 $0 $31,300 $31,300 $0
2019 $0 $31,300 $31,300 $0
2018 $0 $31,300 $31,300 $0
2017 $0 $31,300 $31,300 $0
2016 $0 $31,300 $31,300 $0
2015 -- $31,300 $31,300 $0
2014 -- $31,300 $31,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Carlie Carreira

    Seller's Agent in 2023

    Carlie Carreira

    EXP REALTY, LLC

    (973) 583-0149

    2 in this area

    46 Total Sales

    Carlie Carreira
    Section Image

  • C

    Buyer's Agent in 2023

    CHRISTOPHER LUGO-MARRERO

    KELLER WILLIAMS - NJ METRO GROUP

See All Agents

Map

Source: Garden State MLS

MLS Number: 3827377

Garden State MLS

APN: 14-00311-0000-00011

New Jersey Essex County Newark 07103 West Side

577 S 12th St, Newark, NJ

This home is located at 577 S 12th St, Newark, NJ 07103 since 03 February 2023 and is currently estimated at $846,252. This property was built in 2023. 577 S 12th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Belmont Runyon School.

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