NOT LISTED FOR SALE

Estimated Value: $586,910

Studio
-- Bath
-- Sq Ft
29 Sq Ft Lot

Sale Details

Date Sold: January 18, 2017

Last sale price $33,500

Est. 1,652% increase in value since last sale

Current estimated payment $3,633 / mo

39 Days on Market

About This Home

As of January 2017

This home is located at 116 S 7th St, Newark, NJ 07107 since 11 April 2016 and is currently priced at $586,910. This property was built in 1903. 116 S 7th St is a home located in Essex County.

Last Agent to Sell the Property

JOSE DE OLIVEIRA

VYLLA HOME Brokerage Phone: 973-577-4448 Listed on: 04/11/2016

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 29 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

29 Sq Ft Lot

Listing Details

  • Year Built: 1903
  • County Name: Essex
  • I D: 4616734
  • Attribution Contact: 973-577-4448
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 29 X 113.9
  • Total Acres: 0.08

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2024
Sold by
Bought by
Current Estimated Value
$586,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Outstanding Balance
$504,200
Interest Rate
7.03%
Mortgage Type
Construction
Estimated Equity
$82,710

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jan 23, 2017
Sold by
Bought by
Seller's Agent
JOSE DE OLIVEIRA
VYLLA HOME
List Price
$15,000
Sold Price
$33,500
Premium/Discount to List
$18,500
123.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.96%

Purchase Details

Closed on
Oct 27, 2016
Sold by
Bought by

Purchase Details

Closed on
Apr 21, 2015
Sold by
Bought by

Purchase Details

Closed on
Nov 10, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.82%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 5, 2002
Sold by
Bought by

Purchase Details

Closed on
Dec 23, 1999
Sold by
Bought by

Purchase Details

Closed on
Nov 17, 1999
Sold by
Bought by

Purchase Details

Closed on
Apr 6, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$620,000 Cross Bridge Title
$33,500 None Available
$33,500 None Available
$338,369 None Available
$280,000 --
$140,000 --
$110,000 --
$61,000 --
$45,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $518,000
Previous Owner $224,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/18/2017 01/18/17 Sold $33,500 +123.3% --
05/20/2016 05/20/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $15,000 -- --
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,222 $155,600 $33,000 $122,600
2025 $6,222 $155,600 $33,000 $122,600
2024 $5,801 $155,600 $33,000 $122,600
2022 $5,813 $155,600 $33,000 $122,600
2021 $5,810 $155,600 $33,000 $122,600
2020 $5,913 $155,600 $33,000 $122,600
2019 $5,852 $155,600 $33,000 $122,600
2018 $5,746 $155,600 $33,000 $122,600
2017 $5,539 $155,600 $33,000 $122,600
2016 $5,353 $155,600 $33,000 $122,600
2015 $5,149 $155,600 $33,000 $122,600
2014 $4,825 $155,600 $33,000 $122,600
Source: Public Records

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Map

Source: Garden State MLS

MLS Number: 3297818

Garden State MLS

APN: 14-01810-0000-00049

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