Seller's Agent in 2023
SHANTELL LUCAS
New and Modern Group
(973) 474-0238
1 in this area
25 Total Sales
67 S 9th St Newark, NJ 07107
Fairmount NeighborhoodEstimated Value: $534,000 - $639,000
9
Beds
3
Baths
3,756
Sq Ft
$156/Sq Ft
Est. Value
About This Home
As of March 2023INVEST IN NEWARK!! Take advantage of this legal three family home with great income potential. This well maintained multi-family home offers you three apartments with a living room, kitchen, three bedrooms, and one full bath in each unit. Separate utilities, hardwood floors, a large backyard that can be accessed by all three apartments, and LOW TAXES. Located minutes from Rutgers New Jersey Medical School, Rutgers School of Dental Medicine, University Hospital, NJIT, Essex County College and Rutgers University Newark. Conveniently located close to shopping, schools, all major highways, and public transportation. Currently fully occupied. First floor tenants will be moving out 4/30. Third floor is M2M and rent is currently below market. This is the turnkey real estate investment opportunity that you've been looking for, with room for growth.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,098
Lot Details
- 2,500 Sq Ft Lot
Home Design
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Listing and Financial Details
- Legal Lot and Block 00023 / 01856
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 6, 2024
Sold by
S & K S 9Th St Llc
Bought by
67 Bsd Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Outstanding Balance
$626,387
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$39,072
Purchase Details
Closed on
Dec 6, 2023
Sold by
Knopfler Yitzchok
Bought by
S & K S 9Th St Llc
Purchase Details
Listed on
Jan 2, 2023
Closed on
Mar 17, 2023
Sold by
Mcquillar Malcolm A
Bought by
Knopfler Yitzchok
Seller's Agent
SHANTELL LUCAS
New and Modern Group
Buyer's Agent
SHANTELL LUCAS
New and Modern Group
List Price
$575,000
Sold Price
$455,000
Premium/Discount to List
-$120,000
-20.87%
Views
119
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%
Purchase Details
Closed on
Sep 29, 2016
Sold by
Eisenbach Yakov
Bought by
Mcquillar Malcolm A
Purchase Details
Closed on
Jan 1, 2010
Bought by
67 Bessad Llc
Purchase Details
Closed on
Jul 2, 2007
Sold by
Tri State Equities Llc
Bought by
Schwartz Saul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.48%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 9, 2005
Sold by
Fields Mattie
Bought by
Tri State Equities Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 67 Bsd Llc | -- | None Listed On Document | |
| S & K S 9Th St Llc | -- | None Listed On Document | |
| Knopfler Yitzchok | $455,000 | None Listed On Document | |
| Mcquillar Malcolm A | $340,000 | None Available | |
| 67 Bessad Llc | $100 | -- | |
| 67 Bessad Llc | -- | None Available | |
| Schwartz Saul | $340,000 | Ny Land Title Agency | |
| Tri State Equities Llc | $111,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 67 Bsd Llc | $632,000 | |
| Previous Owner | Schwartz Saul | $340,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/22/2023 03/22/23 | Sold | $455,000 | -8.8% | $121 / Sq Ft |
| 02/22/2023 02/22/23 | Pending | -- | -- | -- |
| 01/11/2023 01/11/23 | Price Changed | $499,000 | -13.2% | $133 / Sq Ft |
| 01/02/2023 01/02/23 | For Sale | $575,000 | -- | $153 / Sq Ft |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $7,083 | $190,000 | $21,300 | $168,700 |
| 2024 | $7,083 | $190,000 | $21,300 | $168,700 |
| 2022 | $7,098 | $190,000 | $21,300 | $168,700 |
| 2021 | $7,095 | $190,000 | $21,300 | $168,700 |
| 2020 | $7,220 | $190,000 | $21,300 | $168,700 |
| 2019 | $7,146 | $190,000 | $21,300 | $168,700 |
| 2018 | $7,017 | $190,000 | $21,300 | $168,700 |
| 2017 | $6,764 | $190,000 | $21,300 | $168,700 |
| 2016 | $6,536 | $190,000 | $21,300 | $168,700 |
| 2015 | $6,287 | $190,000 | $21,300 | $168,700 |
| 2014 | $5,892 | $190,000 | $21,300 | $168,700 |
Source: Public Records
Agents Affiliated with this Home
-
SHANTELL LUCAS
Map
Source: New Jersey MLS
MLS Number: 23000416
APN: 14-01856-0000-00023
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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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