$600,000
SOLD OCT 24, 2025
0 Acre
-- Price per Acre
0 Sq Ft Lot

Recently Sold

8% Below List Price

59 Days on Market

About This Lot

As of October 2025

Approved 22-Unit Apartment Complex in Newark's Thriving South Ward! This unique, approved development offers an exceptional opportunity in Newark's rapidly developing South Ward. The mid-rise multifamily building is designed to include: 20 Residential Units: A mix of spacious layouts across five floors. Floors 2-5: Each feature four 2-bedroom dwelling units. Sixth Floor: Comprises two 2-bedroom units and two 1-bedroom units. In-Unit Laundry: Every apartment includes a dedicated laundry room for convenience. 2 Ground-Floor Commercial Spaces: Ideal for businesses looking to establish a presence in a bustling area. Resident Amenities: Spacious Gym: A dedicated fitness area for residents. Large Common Area: Perfect for social gatherings and relaxation. Elevator Access: Ensures easy navigation throughout the building. Architectural Features: A distinctive frontal deck enhances the building's aesthetic appeal. Surrounding Development: Benefit from being in an area with numerous approved and ongoing construction projects. Excellent Transportation: Convenient access to major transportation hubs, including NJ Transit and Penn Station. Won't Last!!

Last Agent to Sell the Property

Cherise Raymond

Jersey Blue Estates Listed on: 06/06/2025

Last Buyer's Agent

Cherise Raymond

Jersey Blue Estates Listed on: 06/06/2025

Property Details

Property Type

  • Land

Listing and Financial Details

  • Legal Lot and Block 52,54 / 2620

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Co List Office Phone: 201-564-5466
  • MLS Status: Sold - Sold
  • Directions: Springfield Avenue to S. 14th Street
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: None
  • Disclosures: Seller's Agent
  • Lot Improvements: O/See Remk

Lot Info

  • Zoning Description: Residential

Tax Info

  • Tax Block: 2620
  • Tax Lot: 52,54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2025
Closed on
Sep 30, 2025
Sold by
698 S 14 Llc
Bought by
Iqbal Falaknaz and Khan Aslam
Seller's Agent
Cherise Raymond
Jersey Blue Estates
Buyer's Agent
Cherise Raymond
Jersey Blue Estates
List Price
$649,999
Sold Price
$600,000
Premium/Discount to List
-$49,999
-7.69%
Views
21
Current Estimated Value
$593,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,000
Avg. Annual Appreciation
-4.41%

Purchase Details

Closed on
May 31, 2021
Sold by
Ali Samy
Bought by
698 S 14 Llc
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $600,000 Land Rush Title
Bargain Sale Deed $60,000 Amtrust Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2025 10/24/25 Sold $600,000 -7.7% --
08/04/2025 08/04/25 Pending -- -- --
07/02/2025 07/02/25 For Sale $649,999 0.0% --
06/25/2025 06/25/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $649,999 -- --
Source: New Jersey MLS

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 $1,208 $32,400 $32,400 --
2024 $1,208 $32,400 $32,400 --
2022 $1,210 $32,400 $32,400 $0
2021 $1,210 $32,400 $32,400 $0
2020 $1,231 $32,400 $32,400 $0
2019 $1,219 $32,400 $32,400 $0
2018 $1,197 $32,400 $32,400 $0
2017 $1,153 $32,400 $32,400 $0
2016 $0 $32,400 $32,400 $0
2015 -- $32,400 $32,400 $0
2014 -- $32,400 $32,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 25019574

New Jersey MLS

APN: 14-02620-0000-00054