NOT LISTED FOR SALE

581 N 5th St Newark, NJ 07107

Upper Roseville Neighborhood

Estimated Value: $602,000 - $787,000

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

Last Sold October 12, 2018

Last sale price $200,000

Est. 233% increase in value since last sale

Current estimated payment $4,583/month

6 Days on Market

About This Home

As of October 2018

This home is located at 581 N 5th St, Newark, NJ 07107 since 01 May 2018 and is currently estimated at $658,572. 581 N 5th St 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 Agent to Sell the Property

ERICA CAMPBELL

EXIT PLATINUM REALTY Brokerage Phone: 973-746-4777 Listed on: 05/01/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,247

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,247

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 581
  • I D: 4800960
  • Modified: 2019-10-13
  • Number Images: 1
  • Attribution Contact: 973-746-4777
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 24.11X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2022
Sold by
581 N 5Th St Llc
Bought by
114 West End Ave Llc
Current Estimated Value
$665,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,864,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2021
Sold by
581 N5th Llc
Bought by
581 N 5Th St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 13, 2020
Sold by
Trill Thomas
Bought by
581 N 5Th Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 10, 2005
Sold by
Ventola Samuel
Bought by
Merritt Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,944
Interest Rate
5.67%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 19, 2004
Sold by
Gateway Reo Of Ny & Nj
Bought by
Ventola Samuel

Purchase Details

Closed on
Jun 12, 2003
Sold by
Great Plains Capital Corp
Bought by
Gateway Reo

Purchase Details

Closed on
Jul 10, 1989
Sold by
Debrito Juvenildo and Debrito Serra,Jorge
Bought by
Munoz Luis and Munoz Rosaida
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
114 West End Ave Llc -- None Listed On Document
581 N 5Th St Llc $400,000 Dekel Abstract Llc
581 N 5Th Llc -- Misc Company
Merritt Larry $385,000 --
Ventola Samuel $157,900 --
Gateway Reo $90,000 --
Munoz Luis $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 114 West End Ave Llc $1,864,000
Previous Owner 581 N 5Th St Llc $378,000
Previous Owner 581 N 5Th Llc $262,500
Previous Owner Merritt Larry $370,982
Previous Owner Merritt Larry $381,944
Previous Owner Ventola Samuel $229,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2018 10/12/18 Sold $200,000 -4.8% --
05/07/2018 05/07/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $210,000 -- --
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 $11,247 $301,700 $44,700 $257,000
2024 $11,247 $301,700 $44,700 $257,000
2022 $11,272 $301,700 $44,700 $257,000
2021 $7,617 $204,000 $44,700 $159,300
2020 $7,752 $204,000 $44,700 $159,300
2019 $7,672 $204,000 $44,700 $159,300
2018 $7,534 $204,000 $44,700 $159,300
2017 $7,262 $204,000 $44,700 $159,300
2016 $7,018 $204,000 $44,700 $159,300
2015 $6,750 $204,000 $44,700 $159,300
2014 $6,326 $204,000 $44,700 $159,300
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    ERICA CAMPBELL

    EXIT PLATINUM REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3467770

Garden State MLS

APN: 14-00599-0000-00042

New Jersey Essex County Newark 07107 Upper Roseville

581 N 5th St, Newark, NJ

This home is located at 581 N 5th St, Newark, NJ 07107 since 01 May 2018 and is currently estimated at $658,572. 581 N 5th St 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.

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes