NOT LISTED FOR SALE

881 S 18th St Unit 883 Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $509,000 - $596,000

-- Bed
-- Bath
-- Sq Ft
33 Sq Ft Lot

Last Sold October 26, 2022

Last sale price $400,000

Est. 38% increase in value since last sale

Current estimated payment $3,770/month

48 Days on Market

About This Home

As of October 2022

This home is located at 881 S 18th St Unit 883, Newark, NJ 07108 since 12 July 2022 and is currently estimated at $551,564. This property was built in 1917. 881 S 18th St Unit 883 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

NAEEM BOUCHER

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 07/12/2022

Last Buyer's Agent

NAEEM BOUCHER

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 07/12/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,289

Year Built

  • Built in 1917

Lot Details

  • 33 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,289

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Year Built: 1917
  • County Name: Essex
  • Street Number Display: 881 S
  • I D: 5165649
  • Modified: 2023-10-27
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 33.4X100
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2024
Sold by
881 S 18 Llc
Bought by
881-883 S 18 Ave 4118 Newark Llc
Current Estimated Value
$551,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$591,587
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
-$40,023

Purchase Details

Closed on
Feb 9, 2023
Sold by
Landau Abraham Shiya
Bought by
881 S 18 Llc

Purchase Details

Listed on
Jul 12, 2022
Closed on
Nov 30, 2022
Sold by
881 S 18 Llc
Bought by
Landau Abraham Shiya
Seller's Agent
NAEEM BOUCHER
EXP REALTY, LLC
Buyer's Agent
NAEEM BOUCHER
EXP REALTY, LLC
List Price
$449,000
Sold Price
$400,000
Premium/Discount to List
-$49,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%
Original Mortgage
$502,500
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2022
Closed on
Oct 24, 2022
Sold by
Gatyas Kyle
Bought by
881 S 18 Llc
Seller's Agent
NAEEM BOUCHER
EXP REALTY, LLC
Buyer's Agent
NAEEM BOUCHER
EXP REALTY, LLC
List Price
$449,000
Sold Price
$400,000
Premium/Discount to List
-$49,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,500
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2020
Sold by
883 South 18Th Street Development Llc
Bought by
Gatyas Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 2020
Sold by
Hankins Jerry
Bought by
883 South 18Th Development Llc

Purchase Details

Closed on
Aug 23, 2004
Sold by
Mcguire Ozie
Bought by
Hankins Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,064
Interest Rate
6.08%
Mortgage Type
FHA
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
881-883 S 18 Ave 4118 Newark Llc -- None Listed On Document
881 S 18 Llc -- None Listed On Document
Landau Abraham Shiya -- --
881 S 18 Llc $400,000 None Listed On Document
Gatyas Kyle $350,000 Stewart Title
883 South 18Th Development Llc $105,000 Opal Title Services Llc
Hankins Jerry $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 881-883 S 18 Ave 4118 Newark Llc $600,000
Previous Owner 881 S 18 Llc $63,000
Previous Owner Landau Abraham Shiya $502,500
Previous Owner Gatyas Kyle $343,660
Previous Owner Hankins Jerry $187,064
Closed 883 South 18Th Development Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $400,000 +0.3% --
08/29/2022 08/29/22 Pending -- -- --
07/27/2022 07/27/22 Price Changed $399,000 -11.1% --
07/12/2022 07/12/22 For Sale $449,000 -- --
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 $10,289 $276,000 $12,300 $263,700
2024 $10,289 $276,000 $12,300 $263,700
2023 $10,311 $276,000 $12,300 $263,700
2022 $10,311 $276,000 $12,300 $263,700
2021 $10,306 $276,000 $12,300 $263,700
2020 $5,833 $153,500 $12,300 $141,200
2019 $5,773 $153,500 $12,300 $141,200
2018 $5,669 $153,500 $12,300 $141,200
2017 $5,465 $153,500 $12,300 $141,200
2016 $5,280 $153,500 $12,300 $141,200
2015 $5,079 $153,500 $12,300 $141,200
2014 $4,760 $153,500 $12,300 $141,200
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    NAEEM BOUCHER

    EXP REALTY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3795518

Garden State MLS

APN: 14-03014-0000-00022

New Jersey Essex County Newark 07108 Clinton Hill

881 S 18th St Unit 883, Newark, NJ

This home is located at 881 S 18th St Unit 883, Newark, NJ 07108 since 12 July 2022 and is currently estimated at $551,564. This property was built in 1917. 881 S 18th St Unit 883 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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