NOT LISTED FOR SALE

588 S 10th St Unit 4 Newark, NJ 07103

West Side Neighborhood

Estimated Value: $617,905 - $676,000

-- Bed
4 Baths
2,449 Sq Ft
$264/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $495,000 $202 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,465/month

113 Days on Market

About This Home

As of August 2022

This home is located at 588 S 10th St Unit 4, Newark, NJ 07103 since 21 December 2021 and is currently estimated at $647,476, approximately $264 per square foot. This property was built in 1918. 588 S 10th St Unit 4 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Belmont Runyon School.

Last Agent to Sell the Property

Felicia Hankerson

REAL Brokerage Phone: 908-514-4105 Listed on: 12/21/2021

REAL

Last Buyer's Agent

Felicia Hankerson

REAL Brokerage Phone: 908-514-4105 Listed on: 12/21/2021

REAL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,388

Year Built

  • Built in 1918

Lot Details

  • 30 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,388

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Year Built: 1918
  • County Name: Essex
  • Street Number Display: 588
  • I D: 5120917
  • Modified: 2023-08-09
  • Number Images: 1
  • Attribution Contact: 908-514-4105
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30.5X33
  • Total Acres: 0.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2021
Closed on
Oct 6, 2022
Sold by
588 S 10 Holdings Llc
Bought by
Tauber Dina
Seller's Agent
Felicia Hankerson
REAL
Buyer's Agent
Felicia Hankerson
REAL
List Price
$499,900
Sold Price
$495,000
Premium/Discount to List
-$4,900
-0.98%
Current Estimated Value
$647,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,476
Avg. Annual Appreciation
8.90%
Original Mortgage
$560,000
Outstanding Balance
$538,318
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$109,158

Purchase Details

Closed on
Jun 4, 2022
Sold by
Charlotte Owusu
Bought by
588 S 10 Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.1%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 19, 2013
Sold by
588 South 10Th Assoc
Bought by
Donkor Charlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,743
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2009
Sold by
Ramirez Richard and Ruiz Carolina
Bought by
588 South 10Th Associates Llc

Purchase Details

Closed on
Mar 10, 2004
Sold by
Johnson Felton
Bought by
Ramirez Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
5.56%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Tauber Dina -- Universal Title
588 S 10 Holdings Llc $490,000 Universal Title
Donkor Charlotte $235,000 --
Donkor Charlotte $235,000 --
Donkor Charlotte $235,000 --
588 South 10Th Associates Llc $33,700 None Available
Ramirez Richard $222,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tauber Dina $560,000
Previous Owner 588 S 10 Holdings Llc $450,000
Previous Owner Donkor Charlotte $230,743
Previous Owner Ramirez Richard $177,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $495,000 -1.0% $202 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $499,900 0.0% $204 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $499,900 0.0% $204 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
12/21/2021 12/21/21 For Sale $499,900 -- $204 / Sq Ft
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 $12,388 $275,000 $23,700 $251,300
2024 $12,388 $332,300 $23,700 $308,600
2022 $5,929 $158,700 $23,900 $134,800
2021 $5,926 $158,700 $23,900 $134,800
2020 $6,031 $158,700 $23,900 $134,800
2019 $5,969 $158,700 $23,900 $134,800
2018 $5,861 $158,700 $23,900 $134,800
2017 $5,650 $158,700 $23,900 $134,800
2016 $5,459 $158,700 $23,900 $134,800
2015 $5,251 $158,700 $23,900 $134,800
2014 $4,921 $158,700 $23,900 $134,800
Source: Public Records

Agents Affiliated with this Home

  • Felicia Hankerson

    Seller's Agent in 2022

    Felicia Hankerson

    REAL

    (973) 868-8076

    2 in this area

    85 Total Sales

    Felicia Hankerson
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3756540

Garden State MLS

APN: 14-00307-0000-00084

New Jersey Essex County Newark 07103 West Side

588 S 10th St Unit 4, Newark, NJ

This home is located at 588 S 10th St Unit 4, Newark, NJ 07103 since 21 December 2021 and is currently estimated at $647,476, approximately $264 per square foot. This property was built in 1918. 588 S 10th St Unit 4 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Belmont Runyon School.

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