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869 South 15th Street

869 South 15th Street, Newark, NJ 07108
Multifamily in Upper Clinton Hill
2 Units For Sale
Unit for sale at 869 S 15Th St, Newark City, NJ 07108

$649,000

  • 9 Beds
869 S 15Th St, Newark City, NJ 07108 Listing by Lipa Brach

Unit for sale at 869-871 South 15th Street, Newark, NJ 07108

$649,000

  • 9 Beds
  • 3 Baths
869-871 South 15th Street, Newark, NJ 07108 Listing by Lipa Brach

Local assessors in Newark, NJ have categorized 869 South 15th Street as a unknown type of property. The home was built in 1912 and is 112 years old. The property's lot size has been calculated to be 2,849 square feet. The linear feet between the front and back of the lot was measured at 950 ft and the front of the lot was measured at 300 ft. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 869 South 15th Street has a total of 2,604 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with unknown 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, 869 South 15th Street sold most recently in Dec 17, 2019 for a total of $302,500. If you work out the math, that's approximately a cost of $116.17 per sqft. Before that, the property was also sold for $125,000 in Feb 23, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,481 in taxes each year. The initial year of tax delinquency occurred in 2020. 869 South 15th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $146,700. If we break it down further, the land itself was valued at $11,600. Improvements to the property, however, were assessed at a total of $135,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

Building Features

Parking

Open Parking
No Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181005
10/05/2018
6 Bed
3 Bath
-
$104,400
bedrooms
6 Bed
bathrooms
3 Bath
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Bedroom Count: 0
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,849
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,604
  • Building Area: 2,604
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,604
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.065

Ownership

  • Current Owner : ARAPI SUZANNE
  • Previous Owner : KSGC REALTY LLC
  • Owner Before Previous Owner: 869 SOUTH 14TH STREET LLC

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 004200

Geography

  • Assessors Map Reference: TAX MAP 93
  • District: 14
  • Parcel: 14 03010-0000-00031
  • Block: 3010
  • Lot: 31
  • Municipality: NEWARK CITY
  • Latitude: 40.7243
  • Longitude: -74.211

    Address

  • Full Address: 869 S 14th St
  • Address - House Number: 869
  • Street Direction: S
  • Address - Street Name: 14th
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Newark
  • Carrier Code: C017
  • 4-Digit Zip Code: 3422
  • Zip Code: 07108

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,481
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1894
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 62
  • Final Value: 130,175
  • High Value: 154,831
  • Low Value: 105,518

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $226,875
  • First Open Lien Mortgage Lender: FM HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Mar 11, 2022
  • First Open Lien Mortgage Loan Amount: $226,875
  • First Open Lien Mortgage Term: 333
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $146,700
  • Market Land Value: $11,600
  • Market Improvement Value: $135,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $146,700
  • Assessed Land Value: $11,600
  • Assessed Improvements Value: $135,100

    Sales

  • Current Sale Contract Date: Dec 17, 2019
  • Current Sale Recording Date: Mar 11, 2022
  • Current Sale Transaction ID: 11883756971
  • Current Sale Price: $302,500
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 24610
  • Previous Sale Recording Date: Mar 08, 2016
  • Previous Sale Contract Date: Feb 23, 2016
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: FM HOME LOANS LLC
  • First Mortgage Transaction Date: Mar 11, 2022
  • First Mortgage Loan Amount: $226,875
  • First Mortgage Terms: 333
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Jan 01, 2050

About Upper Clinton Hill




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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 869 South 15th Street located in?
The 869 South 15th Street is a multifamily located in the neighborhood of Upper Clinton Hill in Upper Clinton Hill, Newark.
How many listings are currently for sale in 869 South 15th Street?
There are two listings currently on the market for sale.
What is the average sales price for listings in 869 South 15th Street?
The average sales price for units in 869 South 15th Street is $649,000 currently.

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