NOT LISTED FOR SALE

743 S 12th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $754,000 - $907,000

-- Bed
-- Bath
3,573 Sq Ft
$225/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $600,000 $168 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,594/month

45 Days on Market

About This Home

As of September 2021

This home is located at 743 S 12th St, Newark, NJ 07103 since 17 May 2021 and is currently estimated at $802,987, approximately $224 per square foot. This property was built in 1917. 743 S 12th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

Last Agent to Sell the Property

Jorge Velasquez

RE/MAX PROFESSIONALS I Brokerage Phone: 973-450-4000 Listed on: 05/17/2021

Last Buyer's Agent

TAMER MASOUD

REALTY ONE GROUP LEGEND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,629

Year Built

  • Built in 1917

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,629

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Year Built: 1917
  • County Name: Essex
  • Street Number Display: 743
  • I D: 5071439
  • Modified: 2022-09-14
  • 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

Listed on
May 17, 2021
Closed on
Sep 12, 2021
Sold by
Jerry Monique L
Bought by
Montes Yokairis and Montes Yomairis
Seller's Agent
Jorge Velasquez
RE/MAX PROFESSIONALS I
Buyer's Agent
TAMER MASOUD
REALTY ONE GROUP LEGEND
List Price
$589,900
Sold Price
$600,000
Premium/Discount to List
$10,100
1.71%
Current Estimated Value
$802,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,987
Avg. Annual Appreciation
7.59%
Original Mortgage
$589,132
Outstanding Balance
$537,628
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$263,294

Purchase Details

Closed on
Dec 14, 2017
Sold by
Merrill Atkins Group Llc
Bought by
Layik Ali A and Atlas Fazil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,950
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 4, 2016
Closed on
Nov 23, 2016
Sold by
Bank Association Trust
Bought by
The Merrill-Atkins Group Llc
Seller's Agent
Jorge Velasquez
RE/MAX PROFESSIONALS I
Buyer's Agent
ASCENSAO H. GUTIERREZ
RE/MAX PROFESSIONALS I
List Price
$199,900
Sold Price
$174,900
Premium/Discount to List
-$25,000
-12.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.28%
Original Mortgage
$190,000
Interest Rate
4.13%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 13, 2010
Sold by
Tjf Consulting Llc
Bought by
Wilson Samiayah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,026
Interest Rate
4.77%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 2009
Sold by
Freeman Thomas J
Bought by
Tjf Consulting Llc

Purchase Details

Closed on
Jan 12, 2009
Sold by
Us Bank National Association
Bought by
Freeman Thomas J

Purchase Details

Closed on
Mar 3, 2005
Sold by
Ccb Inc
Bought by
Ccb Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 1997
Sold by
Ccb Inc
Bought by
Osazuwa Efosa

Purchase Details

Closed on
Mar 30, 1992
Sold by
New Jersey Housing & Mortgage
Bought by
C C B Inc

Purchase Details

Closed on
Dec 12, 1990
Sold by
Dalessio Thomas J Sheriff
Bought by
Nj Housing & Mtge Finance Agency
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
Montes Yokairis $600,000 Chicago Title Insurance Co
Layik Ali A $360,000 --
The Merrill-Atkins Group Llc $174,900 None Available
Wilson Samiayah A $385,000 Fidelity Natl Title Ins Co
Tjf Consulting Llc -- Multiple
Freeman Thomas J $36,000 Title Works Inc
Ccb Inc $180,000 --
Osazuwa Efosa $77,000 --
C C B Inc $20,000 --
Nj Housing & Mtge Finance Agency $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montes Yokairis $589,132
Previous Owner Layik Ali A $345,950
Previous Owner The Merrill-Atkins Group Llc $190,000
Previous Owner The Merrill Atkins Group Llc $190,000
Previous Owner The Merrill-Atkins Group Llc $190,000
Previous Owner Wilson Samiayah A $378,026
Previous Owner Lieneck Harold $378,000
Previous Owner Ccb Inc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Sold $600,000 +1.7% $168 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $589,900 +237.3% $165 / Sq Ft
01/06/2017 01/06/17 Sold $174,900 -12.5% $49 / Sq Ft
01/04/2017 01/04/17 Pending -- -- --
08/04/2016 08/04/16 For Sale $199,900 -- $56 / 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
2025 $14,629 $392,400 $29,700 $362,700
2024 $14,629 $392,400 $29,700 $362,700
2022 $12,284 $328,800 $29,700 $299,100
2021 $12,277 $328,800 $29,700 $299,100
2020 $9,549 $251,300 $29,700 $221,600
2019 $9,451 $251,300 $29,700 $221,600
2018 $6,677 $180,800 $29,700 $151,100
2017 $6,436 $180,800 $29,700 $151,100
2016 $6,220 $180,800 $29,700 $151,100
2015 $5,983 $180,800 $29,700 $151,100
2014 $5,607 $180,800 $29,700 $151,100
Source: Public Records

Agents Affiliated with this Home

  • Jorge Velasquez

    Seller's Agent in 2021

    Jorge Velasquez

    RE/MAX

    (973) 418-0425

    13 in this area

    225 Total Sales

    Jorge Velasquez
    Section Image

  • T

    Buyer's Agent in 2021

    TAMER MASOUD

    REALTY ONE GROUP LEGEND

  • A

    Buyer's Agent in 2017

    ASCENSAO H. GUTIERREZ

    RE/MAX

See All Agents

Map

Source: Garden State MLS

MLS Number: 3713163

Garden State MLS

APN: 14-02632-0000-00018

New Jersey Essex County Newark 07103 West Side

743 S 12th St, Newark, NJ

This home is located at 743 S 12th St, Newark, NJ 07103 since 17 May 2021 and is currently estimated at $802,987, approximately $224 per square foot. This property was built in 1917. 743 S 12th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

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