NOT LISTED FOR SALE

Estimated Value: $528,000 - $599,000

-- Bed
-- Bath
2,640 Sq Ft
$211/Sq Ft Est. Value

Last Sold December 26, 2017

Last sale price $100,000 $38 Per Sq Ft

Est. 457% increase in value since last sale

Current estimated payment $3,765/month

314 Days on Market

About This Home

As of December 2017

This home is located at 62 N 5th St, Newark, NJ 07107 since 26 January 2017 and is currently estimated at $557,251, approximately $211 per square foot. This property was built in 1870. 62 N 5th St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.

Last Agent to Sell the Property

Jorge Velasquez

RE/MAX PROFESSIONALS I Brokerage Phone: 973-450-4000 Listed on: 01/26/2017

Last Buyer's Agent

YOHANNY MATEO

KELLER WILLIAMS CITY VIEWS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,937

Year Built

  • Built in 1870

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,937

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Year Built: 1870
  • County Name: Essex
  • Street Number Display: 62
  • I D: 4684110
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-450-4000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2017
Sold by
Wells Fargo Bank Na
Bought by
Polanco-Castillo D A
Current Estimated Value
$557,251

Purchase Details

Closed on
Jan 20, 2012
Sold by
Constantino Carlo R
Bought by
Jarrett Craig M and Jarrett Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,169
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 2010
Sold by
Rer Llc
Bought by
Constantino Carlo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,797
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2008
Sold by
Nj Rehab Iv Llc
Bought by
Nlf Funding Ii Llc

Purchase Details

Closed on
May 8, 2007
Sold by
Hawks Katherine
Bought by
Nj Rehab Iv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,700
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Polanco-Castillo D A $100,000 --
Jarrett Craig M $230,000 First American Title Ins Co
Constantino Carlo R $232,000 Ideal Title Agency
Rer Llc $72,000 Ideal Title Agency
Nlf Funding Ii Llc $5,000 None Available
Nj Rehab Iv Llc $192,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jarrett Craig M $224,169
Previous Owner Constantino Carlo R $237,225
Previous Owner Constantino Carlo R $227,797
Previous Owner Nj Rehab Iv Llc $21,716
Previous Owner Nj Rehab Iv Llc $251,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2017 12/26/17 Sold $100,000 +0.1% $38 / Sq Ft
12/06/2017 12/06/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $99,900 -- $38 / 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
2024 $7,937 $212,900 $21,300 $191,600
2022 $7,954 $212,900 $21,300 $191,600
2021 $7,950 $212,900 $21,300 $191,600
2020 $8,090 $212,900 $21,300 $191,600
2019 $8,007 $212,900 $21,300 $191,600
2018 $7,862 $212,900 $21,300 $191,600
2017 $7,579 $212,900 $21,300 $191,600
2016 $7,324 $212,900 $21,300 $191,600
2015 $7,045 $212,900 $21,300 $191,600
2014 $6,602 $212,900 $21,300 $191,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3360310

Garden State MLS

APN: 14-01875-0000-00013