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421 South 15th Street

421 South 15th Street, Newark, NJ 07103
Multifamily in West Side
421 South 15th Street in Newark, NJ was first built in 1920 and is 104 years old. This has been categorized as a residential property type. There are a total of 3 floors. 421 South 15th Street has 4,041 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 2,500 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 421 South 15th Street sold most recently in Sep 29, 2020 for a total of $100,000. If you work out the math, that's approximately a cost of $24.75 per sqft. Before that, the property was also sold for $100,000 in Feb 2, 2017. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $7,692 in taxes each year. The initial year of tax delinquency occurred in 2017. 421 South 15th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $205,900. If we break it down further, the land itself was valued at $31,300. Improvements to the property, however, were assessed at a total of $174,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190116
01/16/2019
9 Bed
3 Bath
-
$300,000
bedrooms
9 Bed
bathrooms
3 Bath
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 4,041
  • Building Area: 4,041
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,041
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.057
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : 421 S 15TH ST LLC
  • Previous Owner : 8679574 LLC
  • Owner Before Previous Owner: CIT BANK N A
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 001800

Geography

  • Assessors Map Reference: TAX MAP 64
  • District: 14
  • Parcel: 14 00319-0000-00042
  • Block: 319
  • Lot: 42
  • Municipality: NEWARK CITY
  • Latitude: 40.7408
  • Longitude: -74.2056

    Address

  • Full Address: 421 S 15th St
  • Address - House Number: 421
  • Street Direction: S
  • Address - Street Name: 15th
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Newark
  • Carrier Code: C067
  • 4-Digit Zip Code: 1695
  • Zip Code: 07103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,692
  • Intital Tax Deliquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.2612
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 62
  • Final Value: 483,427
  • High Value: 609,719
  • Low Value: 357,135

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $465,000
  • First Open Lien Mortgage Lender: LX SERVICES LLC
  • First Open Lien Mortgage Recording Date: Oct 21, 2021
  • First Open Lien Mortgage Loan Amount: $465,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $205,900
  • Market Land Value: $31,300
  • Market Improvement Value: $174,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $205,900
  • Assessed Land Value: $31,300
  • Assessed Improvements Value: $174,600

    Sales

  • Current Sale Contract Date: Sep 29, 2020
  • Current Sale Recording Date: Oct 15, 2020
  • Current Sale Transaction ID: 11799108409
  • Current Sale Price: $100,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020101426
  • Previous Sale Recording Date: Feb 07, 2017
  • Previous Sale Contract Date: Feb 02, 2017
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DASH REAL ESTATE GROUP LLC
  • First Mortgage Transaction Date: Oct 15, 2020
  • First Mortgage Loan Amount: $270,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Nov 01, 2021

About West Side



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 421 South 15th Street located in?
The 421 South 15th Street is a multifamily located in the neighborhood of West Side in West Side, Newark.
What is the average sales price for listings in 421 South 15th Street?
The average sales price for units in 421 South 15th Street is $0 currently.

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