NOT LISTED FOR SALE

Estimated Value: $346,000 - $729,000

6 Beds
3 Baths
-- Sq Ft
2,801 Sq Ft Lot

Last Sold September 09, 2022

Last sale price $265,000

Est. 114% increase in value since last sale

Current estimated payment $3,623/month

14 Days on Market

About This Home

As of September 2022

This home is located at 785 S 18th St, Newark, NJ 07103 since 15 July 2022 and is currently estimated at $567,316. 785 S 18th 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 1 Listed on: 07/15/2022

Last Buyer's Agent

Ascensao Gutierrez

RE/MAX Professionals 1

RE/MAX Professionals 1

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,516

Lot Details

  • 2,801 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00021 / 02638

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,516

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 973-450-4000
  • MLS Status: Sold - Sold
  • Directions: Springfield Ave to South 18th Street
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Remarks: Unfinished

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 2801.0

Tax Info

  • Tax Annual Amount: 7516.0
  • Tax Block: 02638
  • Tax Lot: 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2024
Sold by
Noya Consults Llc
Bought by
785 S 18 Llc
Current Estimated Value
$567,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
7.03%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 15, 2022
Closed on
Sep 8, 2022
Sold by
785 S 18Th Llc
Bought by
Noya Consults Llc
Seller's Agent
Jorge Velasquez
RE/MAX Professionals 1
Buyer's Agent
Ascensao Gutierrez
RE/MAX Professionals 1
List Price
$625,000
Sold Price
$265,000
Premium/Discount to List
-$360,000
-57.6%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.55%
Original Mortgage
$380,120
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 13, 2017
Closed on
Dec 18, 2017
Sold by
Fnma
Bought by
785 S 18Th Llc
Seller's Agent
Dennis Seecharan
AAA COMMUNITY REALTY
Buyer's Agent
Dennis Seecharan
AAA COMMUNITY REALTY
List Price
$89,000
Sold Price
$111,700
Premium/Discount to List
$22,700
25.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.09%

Purchase Details

Closed on
Sep 20, 2005

Purchase Details

Closed on
Nov 22, 2004
Sold by
Trsc Inc
Bought by
Dougan Elaine and Dougan Hughes Dougan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 1999
Sold by
Hamilton Elaine
Bought by
Bethea Andre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000
Interest Rate
7.65%

Purchase Details

Closed on
Sep 8, 1994
Sold by
Hall Louise
Bought by
Hamilton Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
8.38%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 1988
Sold by
Rountree Rayfue and Rountree Ozie B
Bought by
Hall Louise
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
785 S 18 Llc $20,000 None Listed On Document
785 S 18 Llc $20,000 None Listed On Document
Noya Consults Llc $265,000 American Land Title
785 S 18Th Llc $111,700 --
-- -- --
Dougan Elaine $305,000 --
Bethea Andre $90,000 --
Hamilton Elaine $55,000 --
Hall Louise -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 785 S 18 Llc $656,000
Previous Owner Noya Consults Llc $380,120
Previous Owner Bethea Andre $9,000
Previous Owner Hamilton Elaine $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $265,000 -57.6% --
07/29/2022 07/29/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $625,000 +459.5% --
12/21/2017 12/21/17 Sold $111,700 +25.5% --
11/13/2017 11/13/17 Pending -- -- --
10/13/2017 10/13/17 For Sale $89,000 -- --
Source: New Jersey 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 $7,374 $197,800 $31,600 $166,200
2024 $7,374 $197,800 $31,600 $166,200
2022 $7,390 $197,800 $31,600 $166,200
2021 $7,386 $197,800 $31,600 $166,200
2020 $7,516 $197,800 $31,600 $166,200
2019 $7,439 $197,800 $31,600 $166,200
2018 $7,305 $197,800 $31,600 $166,200
2017 $7,042 $197,800 $31,600 $166,200
2016 $6,804 $197,800 $31,600 $166,200
2015 $6,545 $197,800 $31,600 $166,200
2014 $6,134 $197,800 $31,600 $166,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22026556

New Jersey MLS

APN: 14-02638-0000-00021