NOT LISTED FOR SALE

603 15th Ave Newark, NJ 07103

West Side Neighborhood

Estimated Value: $503,000 - $616,000

-- Bed
-- Bath
-- Sq Ft
1,742 Sq Ft Lot

Last Sold March 29, 2021

Last sale price $350,000

Est. 66% increase in value since last sale

Current estimated payment $3,409/month

7 Days on Market

About This Home

As of March 2021

This home is located at 603 15th Ave, Newark, NJ 07103 since 21 January 2021 and is currently estimated at $565,015. This property was built in 1919. 603 15th Ave is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Lincoln Elementary School, and Louise A. Spencer School.

Last Agent to Sell the Property

Jessica Philippe

SIGNATURE REALTY NJ Listed on: 01/21/2021

SIGNATURE REALTY NJ

Last Buyer's Agent

ETINWA-OKON EDEM

KYM REALTY GROUP LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,830

Year Built

  • Built in 1919

Lot Details

  • 1,742 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,830

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Year Built: 1919
  • County Name: Essex
  • Street Number Display: 603
  • I D: 5042823
  • Modified: 2022-03-30
  • Number Images: 0
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X68
  • Total Acres: 0.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 29, 2021
Sold by
Hamlett Management Llc
Bought by
Igbinosa Osaretin D
Seller's Agent
Jessica Philippe
SIGNATURE REALTY NJ
Buyer's Agent
ETINWA-OKON EDEM
KYM REALTY GROUP LLC
List Price
$329,000
Sold Price
$350,000
Premium/Discount to List
$21,000
6.38%
Current Estimated Value
$579,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,428
Avg. Annual Appreciation
11.55%
Original Mortgage
$343,660
Outstanding Balance
$311,199
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$253,816

Purchase Details

Closed on
May 14, 2019
Sold by
Newark City Of
Bought by
Hamlett Management Llc

Purchase Details

Closed on
Jan 29, 2015
Bought by
City Of Newark

Purchase Details

Closed on
Mar 19, 2007
Sold by
Paulino Jose
Bought by
Cayetano Fermina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.19%

Purchase Details

Closed on
Nov 16, 2005
Sold by
Casas Antonio
Bought by
Paulino Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
6.39%

Purchase Details

Closed on
May 6, 1988
Sold by
Admin Of V A
Bought by
Casas Antonio A
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
Igbinosa Osaretin D $350,000 Foundation Title Llc
Hamlett Management Llc $6,800 --
City Of Newark -- --
Cayetano Fermina $330,000 --
Paulino Jose $189,000 --
Casas Antonio A $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Igbinosa Osaretin D $343,660
Closed Igbinosa Osaretin D $343,660
Previous Owner Cayetano Fermina $264,000
Previous Owner Paulino Jose $151,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $350,000 +6.4% --
01/28/2021 01/28/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $329,000 -- --
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 $2,830 $75,900 $25,900 $270,100
2024 $2,830 $75,900 $25,900 $270,100
2022 $2,836 $75,900 $0 $0
2021 $2,834 $75,900 $25,900 $50,000
2020 $4,883 $128,500 $25,900 $102,600
2019 $4,833 $128,500 $25,900 $102,600
2018 $0 $128,500 $25,900 $102,600
2017 $0 $128,500 $25,900 $102,600
2016 $0 $128,500 $25,900 $102,600
2015 $4,252 $128,500 $25,900 $102,600
2014 $3,985 $128,500 $25,900 $102,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jessica Philippe

    SIGNATURE REALTY NJ

    (973) 508-8185

    1 in this area

    7 Total Sales

    Section Image

  • E

    Buyer's Agent in 2021

    ETINWA-OKON EDEM

    KYM REALTY GROUP LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3688464

Garden State MLS

APN: 14-00334-0000-00033

New Jersey Essex County Newark 07103 West Side

603 15th Ave, Newark, NJ

This home is located at 603 15th Ave, Newark, NJ 07103 since 21 January 2021 and is currently estimated at $565,015. This property was built in 1919. 603 15th Ave is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Lincoln Elementary School, and Louise A. Spencer School.

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