NOT LISTED FOR SALE

742 S 15th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $557,000 - $710,000

-- Bed
-- Bath
-- Sq Ft
2,178 Sq Ft Lot

Last Sold June 23, 2021

Last sale price $390,000

Est. 60% increase in value since last sale

Current estimated payment $4,280/month

7 Days on Market

About This Home

As of June 2021

This home is located at 742 S 15th St, Newark, NJ 07103 since 15 March 2021 and is currently estimated at $624,804. This property was built in 2003. 742 S 15th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Louise A. Spencer School.

Last Agent to Sell the Property

Tayllor Cooper

COOPER MCKELVEY REAL ESTATE CO. Brokerage Phone: 973-623-1001 Listed on: 03/15/2021

Last Buyer's Agent

Tayllor Cooper

COOPER MCKELVEY REAL ESTATE CO. Brokerage Phone: 973-623-1001 Listed on: 03/15/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,584

Year Built

  • Built in 2003

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,584

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Year Built: 2003
  • County Name: Essex
  • Street Number Display: 742
  • I D: 5054986
  • Modified: 2022-06-24
  • Number Images: 1
  • Attribution Contact: 973-623-1001
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X95
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Jun 8, 2021
Sold by
Resilient Realty Group Inc
Bought by
Odewade Omokehinde
Seller's Agent
Tayllor Cooper
COOPER MCKELVEY REAL ESTATE CO.
Buyer's Agent
Tayllor Cooper
COOPER MCKELVEY REAL ESTATE CO.
List Price
$369,999
Sold Price
$390,000
Premium/Discount to List
$20,001
5.41%
Current Estimated Value
$624,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,804
Avg. Annual Appreciation
11.88%
Original Mortgage
$382,936
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 15, 2020
Closed on
Nov 20, 2020
Sold by
Haynes Jarrod
Bought by
Resilient Realty Group Inc
Seller's Agent
Nicholas Verdi
KELLER WILLIAMS CITY VIEWS REALTY
Buyer's Agent
JULIE FUSELLI
INVESTORS REALTY INC
List Price
$172,900
Sold Price
$247,950
Premium/Discount to List
$75,050
43.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.47%
Original Mortgage
$234,650
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 15, 2020
Closed on
Nov 10, 2020
Sold by
U S Bank National Association
Bought by
Haynes Jarrod
Seller's Agent
Nicholas Verdi
KELLER WILLIAMS CITY VIEWS REALTY
Buyer's Agent
JULIE FUSELLI
INVESTORS REALTY INC
List Price
$172,900
Sold Price
$247,950
Premium/Discount to List
$75,050
43.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,650
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 23, 2015
Sold by
Fontoura Armando B and Del Orbe Margaret
Bought by
Us Bank Na and Olatunji Lawal A

Purchase Details

Closed on
Feb 11, 2004
Sold by
Greater Refuge Redevelopment C
Bought by
Olatunji Lawal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,350
Interest Rate
5.62%
Source: Public Records

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
Odewade Omokehinde $390,000 Heritage Abstract Company
Resilient Realty Group Inc $265,000 Stewart Title
Haynes Jarrod $247,950 Title Guarantee Inc
Us Bank Na $306,960 None Available
Olatunji Lawal $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Odewade Omokehinde $382,936
Previous Owner Resilient Realty Group Inc $234,650
Previous Owner Olatunji Abayomi L $50,000
Previous Owner Olatunji Lawal A $22,540
Previous Owner Olatunji Lawal A $260,000
Previous Owner Olatunji Abayomi L $100,000
Previous Owner Olatunji Lawal A $55,992
Previous Owner Olatunji Lawal $145,350
Closed Us Bank Na --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2021 06/23/21 Sold $390,000 +5.4% --
03/26/2021 03/26/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $369,999 +49.2% --
11/20/2020 11/20/20 Sold $247,950 +43.4% --
10/12/2020 10/12/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $172,900 -- --
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 $10,584 $283,900 $30,600 $253,300
2024 $10,584 $283,900 $30,600 $253,300
2023 $10,607 $283,900 $30,600 $253,300
2022 $10,607 $283,900 $30,600 $253,300
2021 $6,284 $168,300 $30,600 $137,700
2020 $6,395 $168,300 $30,600 $137,700
2019 $6,330 $168,300 $30,600 $137,700
2018 $6,215 $168,300 $30,600 $137,700
2017 $5,991 $168,300 $30,600 $137,700
2016 $5,790 $168,300 $30,600 $137,700
2015 $5,569 $168,300 $30,600 $137,700
2014 $5,219 $168,300 $30,600 $137,700
Source: Public Records

Agents Affiliated with this Home

  • Tayllor Cooper

    Seller's Agent in 2021

    Tayllor Cooper

    COOPER MCKELVEY REAL ESTATE CO.

    (973) 424-7066

    2 in this area

    17 Total Sales

    Tayllor Cooper
    Section Image

  • T

    Buyer Co-Listing Agent in 2021

    TYRONE L. PEMBERTON

    UNITED REAL ESTATE

  • Nicholas Verdi

    Seller's Agent in 2020

    Nicholas Verdi

    KELLER WILLIAMS CITY VIEWS REALTY

    (973) 769-1009

    11 in this area

    168 Total Sales

    Nicholas Verdi
    Section Image

  • J

    Buyer's Agent in 2020

    JULIE FUSELLI

    INVESTORS REALTY INC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3697847

Garden State MLS

APN: 14-02634-0000-00049

New Jersey Essex County Newark 07103 West Side

742 S 15th St, Newark, NJ

This home is located at 742 S 15th St, Newark, NJ 07103 since 15 March 2021 and is currently estimated at $624,804. This property was built in 2003. 742 S 15th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Louise A. Spencer School.

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