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729 South 15th Street

729 South 15th Street, Newark, NJ 07103
Property in West Side
Sold Nov 23, 2020
$300,000
$352,500 by American Financial Network Inc
Mortgage Due Jan 01, 2051
Sold Nov 26, 2013
$100
729 South 15th Street has been categorized by the local assessors in Newark, NJ as a residential type of property. The building on the property was first built in 1897 and is 127 years old. The building has a total of 3 stories. In addition, 729 South 15th Street has 2,976 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,500 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Nov 1, 2020 for $300,000. That's $100.81 per sqft. Prior to that sales transaction, the property was also sold in Nov 25, 2013 for $100. 729 South 15th Street was last assessed in 2022. The total value of the property was assessed at $280,000. Specifically, the land the property is located on was valued at $31,300. While improvements on the property were assessed at a total of $248,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $10,461. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 1897
  • 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: 2,976
  • Building Area: 2,976
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,976
  • 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 : 22 SHAW AVE LLC
  • Previous Owner : 729 NEWARK PROPERTY LLC
  • Owner Before Previous Owner: COMMERCIAL REALTY AD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 003700

Geography

  • Assessors Map Reference: TAX MAP 82
  • District: 14
  • Parcel: 14 02635-0000-00006
  • Block: 2635
  • Lot: 6
  • Municipality: NEWARK CITY
  • Latitude: 40.7291
  • Longitude: -74.2101

    Address

  • Full Address: 729 S 15th St
  • Address - House Number: 729
  • Street Direction: S
  • Address - Street Name: 15th
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Newark
  • Carrier Code: C068
  • 4-Digit Zip Code: 1471
  • Zip Code: 07103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,461

    Appraisal Valuation

  • Standard Deviation: 0.1894
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 62
  • Final Value: 378,176
  • High Value: 449,806
  • Low Value: 306,545

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $352,500
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: Jan 13, 2021
  • First Open Lien Mortgage Loan Amount: $352,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $31,300
  • Market Improvement Value: $248,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $280,000
  • Assessed Land Value: $31,300
  • Assessed Improvements Value: $248,700

    Sales

  • Current Sale Contract Date: Nov 01, 2020
  • Current Sale Recording Date: Nov 23, 2020
  • Current Sale Transaction ID: 11812071702
  • Current Sale Price: $300,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020117427
  • Previous Sale Recording Date: Nov 26, 2013
  • Previous Sale Contract Date: Nov 25, 2013
  • Previous Sale Amount: $100
  • Previous Sale Document Type: Quit Claim Deed

About West Side



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Frequently Asked Questions

What neighborhood is 729 South 15th Street located in?
The 729 South 15th Street is a located in the neighborhood of West Side in West Side, Newark.
What is the average sales price for listings in 729 South 15th Street?
The average sales price for units in 729 South 15th Street is $0 currently.

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