NOT LISTED FOR SALE

857 S 18th St Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $661,000 - $764,153

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold May 09, 2024

Last sale price $765,000

Est. 7% decrease in value since last sale

Current estimated payment $3,799/month

11 Days on Market

About This Home

As of May 2024

This home is located at 857 S 18th St, Newark, NJ 07108 since 09 February 2024 and is currently estimated at $712,577. This property was built in 2024. 857 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

Joaquim Ferreira

CORNERSTONE REALTY ASSOCIATES Brokerage Phone: 973-856-6900 Listed on: 02/09/2024

Last Buyer's Agent

CHRISTOPHER CLARK

CORNERSTONE REALTY ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $432

Year Built

  • Built in 2024

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$432

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Year Built: 2024
  • County Name: Essex
  • Street Number Display: 857
  • I D: 5127952
  • Modified: 2025-05-10
  • Number Images: 1
  • Attribution Contact: 973-856-6900
  • MLS Status: Sold
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Lot Info

  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
May 7, 2024
Sold by
Gem Stone Development Llc
Bought by
Joseph Khanya Starr and Henry Shervan Jesye
Seller's Agent
Joaquim Ferreira
CORNERSTONE REALTY ASSOCIATES
Buyer's Agent
CHRISTOPHER CLARK
CORNERSTONE REALTY ASSOCIATES
List Price
$799,900
Sold Price
$765,000
Premium/Discount to List
-$34,900
-4.36%
Views
16
Current Estimated Value
$712,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,423
Avg. Annual Appreciation
-5.05%
Original Mortgage
$755,000
Outstanding Balance
$744,231
Interest Rate
6.79%
Mortgage Type
VA
Estimated Equity
-$31,654

Purchase Details

Closed on
Nov 2, 2021
Sold by
G & W 875 S 18 Llc
Bought by
Gem Stone Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,644,750
Interest Rate
2.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 2020
Sold by
H Newark Llc
Bought by
G & W 857 S 18 Llc

Purchase Details

Closed on
Jun 29, 2012
Sold by
Sar I Inc
Bought by
H Newark Llc

Purchase Details

Closed on
Feb 8, 2012
Sold by
Summit Real Estate Developers Llc
Bought by
Sar 1 Inc
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
Joseph Khanya Starr $765,000 None Listed On Document
Gem Stone Development Llc $130,000 Westcor Land Title Ins Co
G & W 857 S 18 Llc $62,500 Madison Title
H Newark Llc $175,000 None Available
Sar 1 Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Khanya Starr $755,000
Previous Owner Gem Stone Development Llc $419,141
Previous Owner Gem Stone Development Llc $18,644,750
Previous Owner Summit Real Estate Developers Llc $750,000
Previous Owner Summit Real Estate Developers Llc $11,040,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $765,000 -4.4% --
02/20/2024 02/20/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $799,900 -- --
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 $432 $425,600 $11,600 $414,000
2024 $432 $11,600 $11,600 $0
2023 $433 $11,600 $11,600 $0
2022 $433 $11,600 $11,600 $0
2021 $433 $11,600 $11,600 $0
2020 $441 $11,600 $11,600 $0
2019 $436 $11,600 $11,600 $0
2018 $428 $11,600 $11,600 $0
2017 $413 $11,600 $11,600 $0
2016 $399 $11,600 $11,600 $0
2015 $384 $11,600 $11,600 $0
2014 $360 $11,600 $11,600 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Joaquim Ferreira

    CORNERSTONE REALTY ASSOCIATES

    (973) 819-7126

    11 in this area

    60 Total Sales

    Joaquim Ferreira
    Section Image

  • C

    Buyer's Agent in 2024

    CHRISTOPHER CLARK

    CORNERSTONE REALTY ASSOCIATES

See All Agents

Map

Source: Garden State MLS

MLS Number: 3885464

Garden State MLS

APN: 14-03014-0000-00009

New Jersey Essex County Newark 07108 Clinton Hill

857 S 18th St, Newark, NJ

This home is located at 857 S 18th St, Newark, NJ 07108 since 09 February 2024 and is currently estimated at $712,577. This property was built in 2024. 857 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.

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