NOT LISTED FOR SALE

Estimated Value: $506,255 - $549,000

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

Last Sold December 21, 2023

Last sale price $490,000

Est. 8% increase in value since last sale

Current estimated payment $3,420/month

70 Days on Market

About This Home

As of December 2023

This home is located at 579 N 5th St Unit 2, Newark, NJ 07107 since 01 September 2023 and is currently estimated at $527,314. This property was built in 1910. 579 N 5th St Unit 2 is a home located in Essex County with nearby schools including First Avenue Elementary School, Dr. William H. Horton Elementary School, and Rafael Hernandez School.

Last Listed By

Marcia Franco

EXIT REALTY LUCKY ASSOCIATES Brokerage Phone: 973-817-7700 Listed on: 09/01/2023

EXIT REALTY LUCKY ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,950

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,950

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • County Name: Essex
  • Street Number Display: 579
  • I D: 5242356
  • Modified: 2024-12-22
  • Number Images: 1
  • Attribution Contact: 973-817-7700
  • 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
Sep 1, 2023
Closed on
Dec 19, 2023
Sold by
Carreiro Maria
Bought by
Munoz Digna T Ramos and Cevallos Pedro D
Seller's Agent
Marcia Franco
EXIT REALTY LUCKY ASSOCIATES
Buyer's Agent
Marcia Franco
EXIT REALTY LUCKY ASSOCIATES
List Price
$450,000
Sold Price
$490,000
Premium/Discount to List
$40,000
8.89%
Total Days on Market
70
Views
104
Current Estimated Value
$527,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,314
Avg. Annual Appreciation
-0.70%
Original Mortgage
$343,000
Outstanding Balance
$339,523
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$145,712

Purchase Details

Closed on
Jul 1, 1986
Bought by
Carreiro Maria

Range of Values:

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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
Munoz Digna T Ramos $490,000 Ats Title
Carreiro Maria $15,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munoz Digna T Ramos $343,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $490,000 +8.9% --
11/10/2023 11/10/23 Pending -- -- --
11/06/2023 11/06/23 For Sale $450,000 0.0% --
10/30/2023 10/30/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $450,000 -- --
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
2024 $5,950 $166,300 $45,100 $121,200
2022 $5,963 $166,300 $45,100 $121,200
2021 $5,960 $166,300 $45,100 $121,200
2020 $6,069 $166,300 $45,100 $121,200
2019 $6,005 $166,300 $45,100 $121,200
2018 $5,891 $166,300 $45,100 $121,200
2017 $5,670 $166,300 $45,100 $121,200
2016 $5,471 $166,300 $45,100 $121,200
2015 $5,253 $166,300 $45,100 $121,200
2014 $4,907 $166,300 $45,100 $121,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3862525

Garden State MLS

APN: 14-00599-0000-00041