NOT LISTED FOR SALE

120 S 7th St Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $601,242 - $792,000

8 Beds
3 Baths
4,364 Sq Ft
$153/Sq Ft Est. Value

About This Home

This home is located at 120 S 7th St, Newark, NJ 07107 and is currently estimated at $668,311, approximately $153 per square foot. 120 S 7th St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2021
Sold by
Nj Bowling Llc
Bought by
Rj Property Owner Llc
Current Estimated Value
$668,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,336,800
Outstanding Balance
$3,997,418
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$3,329,107

Purchase Details

Closed on
Mar 13, 2019
Sold by
Newark Property Owners
Bought by
Nj Bowling Llc

Purchase Details

Closed on
Jun 6, 2018
Sold by
Bayview Loan Servicing
Bought by
Newark Property Owners 2

Purchase Details

Closed on
Dec 19, 2007
Sold by
Loftin Edward B and Loftin Alberta
Bought by
Loftin Edward B and Loftin Alberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,540
Interest Rate
6.27%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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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

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Quantarium

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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
Rj Property Owner Llc -- Accommodation
Nj Bowling Llc -- --
Newark Property Owners 2 $40,000 --
Loftin Edward B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rj Property Owner Llc $4,336,800
Previous Owner Loftin Edward $239,540
Previous Owner Loftin Edward B $195,471
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
2024 $6,315 $275,800 $33,300 $242,500
2022 $6,329 $169,400 $33,300 $136,100
2021 $6,325 $169,400 $33,300 $136,100
2020 $6,437 $169,400 $33,300 $136,100
2019 $6,371 $169,400 $33,300 $136,100
2018 $6,256 $169,400 $33,300 $136,100
2017 $5,781 $169,400 $33,300 $136,100
2016 $5,577 $169,400 $33,300 $136,100
2015 $5,355 $169,400 $33,300 $136,100
2014 $5,003 $169,400 $33,300 $136,100
Source: Public Records

Map

New Jersey Essex County Newark 07107 Fairmount

120 S 7th St, Newark, NJ

This home is located at 120 S 7th St, Newark, NJ 07107 and is currently estimated at $668,311, approximately $153 per square foot. 120 S 7th St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.

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