NOT LISTED FOR SALE

885 S 15th St Unit 887 Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $612,000 - $714,473

-- Bed
-- Bath
3,176 Sq Ft
$212/Sq Ft Est. Value

About This Home

This home is located at 885 S 15th St Unit 887, Newark, NJ 07108 and is currently estimated at $674,118, approximately $212 per square foot. 885 S 15th St Unit 887 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2024
Sold by
885-887 South Fifteenth Llc
Bought by
Adekunlealade Taibat A and Alade Idris Owolabi
Current Estimated Value
$674,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$753,107
Outstanding Balance
$743,367
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$69,249

Purchase Details

Closed on
Mar 7, 2018
Sold by
Brown Sherry
Bought by
885-887 South 15Th Llc

Purchase Details

Closed on
Aug 8, 2003
Sold by
Shafer Properties
Bought by
Brown Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,987
Interest Rate
6.01%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 18, 1992
Sold by
Cates John W and Cates Ella M
Bought by
Jones Ella M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Adekunlealade Taibat A $767,000 Elite Title
885-887 South 15Th Llc $82,000 --
Brown Sherry $195,000 --
Jones Ella M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adekunlealade Taibat A $753,107
Previous Owner Brown Sherry $191,987
Source: Public Records

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 $6,625 $177,700 $13,700 $164,000
2024 $6,625 $177,700 $13,700 $164,000
2022 $6,639 $177,700 $13,700 $164,000
2021 $6,635 $177,700 $13,700 $164,000
2020 $6,753 $177,700 $13,700 $164,000
2019 $6,683 $177,700 $13,700 $164,000
2018 $6,562 $177,700 $13,700 $164,000
2017 $6,326 $177,700 $13,700 $164,000
2016 $6,113 $177,700 $13,700 $164,000
2015 $5,880 $177,700 $13,700 $164,000
2014 $5,510 $177,700 $13,700 $164,000
Source: Public Records

Map

New Jersey Essex County Newark 07108 Clinton Hill

885 S 15th St Unit 887, Newark, NJ

Not Listed for Sale

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