NOT LISTED FOR SALE

587 Bergen St Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $456,000 - $758,000

4 Beds
3 Baths
2,764 Sq Ft
$231/Sq Ft Est. Value

Last Sold October 24, 2012

Last sale price $175,000 $63 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $4,302/month

About This Home

As of October 2012

Welcome to this beautiful apartment featuring 3 spacious bedrooms, 1 master bedroom, 2.5 baths, large rec room, laundry room, and garage space. Fresh modern appeal, with tons of space. Located close to public transportation. DON'T MISS OUT ON THIS AMAZING OPPORTUNITY.

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
$637,322

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
$178,880
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$458,442

Purchase Details

Listed on
Oct 24, 2012
Closed on
Sep 28, 2012
Sold by
Lanzon Iii Llc
Bought by
Krishnan Siddarth
Seller's Agent
Carlie Carreira
EXP REALTY, LLC
Buyer's Agent
Carlie Carreira
EXP REALTY, LLC
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%
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

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

Property History

Date Event Price Change Sq Ft Price
08/09/2023 08/09/23 Rented $2,700 0.0% --
06/15/2023 06/15/23 Price Changed $2,700 -6.9% --
05/23/2023 05/23/23 For Rent $2,900 0.0% --
10/24/2012 10/24/12 Sold $175,000 -- --

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 $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

Agents Affiliated with this Home

  • Carlie Carreira

    Seller's Agent in 2023

    Carlie Carreira

    EXP Realty, LLC

    (973) 583-0149

    1 in this area

    45 Total Sales

    Carlie Carreira
    Section Image

  • O

    Buyer's Agent in 2023

    Outside Agent

    Outside Office

See All Agents

Map

New Jersey Essex County Newark 07108 Clinton Hill

587 Bergen St, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 587 Bergen St, Newark, NJ 07108 and is currently estimated at $637,322, approximately $230 per square foot. 587 Bergen St is a home located in Essex County with nearby schools including Belmont Runyon School, Louise A. Spencer School, and Peshine Avenue Elementary 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.