NOT LISTED FOR SALE

587 Bergen St Unit 2 Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $406,000 - $799,000

4 Beds
3 Baths
2,764 Sq Ft
$239/Sq Ft Est. Value

About This Home

This home is located at 587 Bergen St Unit 2, Newark, NJ 07108 and is currently estimated at $660,608, approximately $239 per square foot. 587 Bergen St Unit 2 is a home located in Essex County with nearby schools including Belmont Runyon School, Louise A. Spencer School, and Peshine Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2022
Sold by
Invest Newark
Bought by
Hobbs Patricia T
Current Estimated Value
$660,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Outstanding Balance
$176,254
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$484,354

Purchase Details

Closed on
Sep 28, 2012
Sold by
Lanzon Iii Llc
Bought by
Krishnan Siddarth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2005
Sold by
City Of Newark
Bought by
Lanzon Iii Llc

Purchase Details

Closed on
Jun 30, 1989
Sold by
City Of Newark
Bought by
Baccaro Leonard J
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Hobbs Patricia T $190,000 Intact Title
Krishnan Siddarth $175,000 None Available
Lanzon Iii Llc $305,592 --
Baccaro Leonard J $8,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobbs Patricia T $190,000
Previous Owner Krishnan Siddarth $171,830
Closed Hobbs Patricia T $10,000
Source: Public Records

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 $9,018 $241,900 $10,300 $231,600
2024 $9,018 $241,900 $10,300 $231,600
2022 $9,037 $241,900 $10,300 $231,600
2021 $9,033 $241,900 $10,300 $231,600
2020 $9,192 $241,900 $10,300 $231,600
2019 $9,098 $241,900 $10,300 $231,600
2018 $8,933 $241,900 $10,300 $231,600
2017 $367 $241,900 $10,300 $231,600
2016 $354 $241,900 $10,300 $231,600
2015 $341 $241,900 $10,300 $231,600
2014 $319 $241,900 $10,300 $231,600
Source: Public Records

Map

New Jersey Essex County Newark 07108 Clinton Hill

587 Bergen St Unit 2, Newark, NJ

This home is located at 587 Bergen St Unit 2, Newark, NJ 07108 and is currently estimated at $660,608, approximately $239 per square foot. 587 Bergen St Unit 2 is a home located in Essex County with nearby schools including Belmont Runyon School, Louise A. Spencer School, and Peshine Avenue Elementary School.

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