NOT LISTED FOR SALE

586 S 12th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $769,226

6 Beds
4 Baths
-- Sq Ft
3,058 Sq Ft Lot

Last Sold February 23, 2023

Last sale price $575,000

Est. 34% increase in value since last sale

Current estimated payment $4,180/month

63 Days on Market

About This Home

As of February 2023

Newly constructed 2 family home. Great for investment or owner occupancy. Each unit consist of 3 bedrooms, 2 full baths, laundry, central ac and heat. Electric Range-oven and electric washer and dryer hook ups on both units. This property will not last..

Last Agent to Sell the Property

Jamille Hernandez

3Sixty Realty Listed on: 12/15/2022

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,228

Lot Details

  • 3,058

Home Design

  • New Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Laundry in unit
  • 3,058 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00042 / 00312

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,228

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: 888-501-6953
  • MLS Status: Sold - Sold
  • Directions: Use GPS
  • Architectural Style: 2 Family
  • Year Built Details: New Const-New Fdn
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 3058.0

Tax Info

  • Tax Annual Amount: 1228.0
  • Tax Block: 00312
  • Tax Lot: 00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2022
Closed on
Feb 21, 2023
Sold by
Urban Day Development Corp
Bought by
Gamero Garcia Raul A
Seller's Agent
Jamille Hernandez
3Sixty Realty
Buyer's Agent
Outside Agent
Outside Office
List Price
$615,000
Sold Price
$575,000
Premium/Discount to List
-$40,000
-6.5%
Views
365
Current Estimated Value
$769,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,226
Avg. Annual Appreciation
11.80%

Purchase Details

Closed on
Oct 9, 2019
Sold by
Bellantoni John A and Bellantoni Matteo
Bought by
Urban Day Development
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
Gamero Garcia Raul A $575,000 Stewart Title
Urban Day Development $45,000 Evident Title Agency Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2023 02/23/23 Sold $575,000 -6.5% --
02/16/2023 02/16/23 Pending -- -- --
12/15/2022 12/15/22 For Sale $615,000 -- --
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 $1,227 $338,500 $32,900 $305,600
2024 $1,227 $338,500 $32,900 $305,600
2022 $1,229 $32,900 $32,900 $0
2021 $1,228 $32,900 $32,900 $0
2020 $1,250 $32,900 $32,900 $0
2019 $1,237 $32,900 $32,900 $0
2018 $1,215 $32,900 $32,900 $0
2017 $1,171 $32,900 $32,900 $0
2016 $1,132 $32,900 $32,900 $0
2015 $1,089 $32,900 $32,900 $0
2014 $4,400 $141,900 $32,900 $109,000
Source: Public Records

Agents Affiliated with this Home

  • Jamille Hernandez

    Seller's Agent in 2023

    Jamille Hernandez

    3Sixty Realty

    (973) 969-3363

    2 in this area

    34 Total Sales

    Jamille Hernandez
    Section Image

  • O

    Buyer's Agent in 2023

    Outside Agent

    Outside Office

See All Agents

Map

Source: New Jersey MLS

MLS Number: 22043631

New Jersey MLS

APN: 14-00312-0000-00042

New Jersey Essex County Newark 07103 West Side

586 S 12th St, Newark, NJ

This home is located at 586 S 12th St, Newark, NJ 07103 since 15 December 2022 and is currently estimated at $769,226. 586 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.

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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