NOT LISTED FOR SALE

123 S 7th St Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $270,000 - $591,000

-- Bed
-- Bath
2,992 Sq Ft
$165/Sq Ft Est. Value

Last Sold December 11, 2018

Last sale price $132,301 $44 Per Sq Ft

Est. 274% increase in value since last sale

Current estimated payment $3,329/month

38 Days on Market

About This Home

As of December 2018

This home is located at 123 S 7th St, Newark, NJ 07107 since 15 August 2018 and is currently estimated at $495,167, approximately $165 per square foot. This property was built in 1947. 123 S 7th St is a home located in Essex County with nearby schools including Louise A. Spencer School, Belmont Runyon School, and Hawthorne Avenue Elementary School.

Last Listed By

MANUEL ROSA JR

ROSA AGENCY Brokerage Phone: 973-751-1000 Listed on: 08/15/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,407

Year Built

  • 1947

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,407

Year Built

1947

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 123
  • I D: 4830539
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-751-1000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1947

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2019
Sold by
Gold Chana
Bought by
123 South 7Th St Llc
Total Days on Market
38
Current Estimated Value
$495,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2019
Sold by
123 South 7Th St Llc
Bought by
Gold Chana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2018
Closed on
Nov 20, 2018
Sold by
Bank Of America Na
Bought by
123 South 7Th St Llc
Seller's Agent
MANUEL ROSA JR
ROSA AGENCY
List Price
$127,900
Sold Price
$132,301
Premium/Discount to List
$4,401
3.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.51%
Original Mortgage
$105,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2010
Sold by
Johnson Anthony
Bought by
Hill Romerio E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,290
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 2009
Sold by
Us Bank National Association
Bought by
Johnson Anthony

Purchase Details

Closed on
Jul 18, 2008
Sold by
Dietrich Sky
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Jul 28, 2006
Sold by
Hewitt Adam
Bought by
Sky Dietrich

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
8.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 3, 2006
Sold by
Crawford Doris
Bought by
Hewitt Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
10.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Average Value
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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
123 South 7Th St Llc -- None Available
Gold Chana -- --
123 South 7Th St Llc $132,301 --
Hill Romerio E $260,000 Multiple
Johnson Anthony $61,000 Coastal Title Agency Inc
Lasalle Bank Na -- None Available
Sky Dietrich $355,000 --
Hewitt Adam $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gold Chana $273,000
Previous Owner 123 South 7Th St Llc $105,000
Previous Owner Hill Romerio E $255,290
Previous Owner Tonic Clara $109,746
Previous Owner Dietrich Sky $58,645
Previous Owner Sky Dietrich $284,000
Previous Owner Hewitt Adam $259,000
Previous Owner Hewitt Adam $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2018 12/11/18 Sold $132,301 +3.4% $44 / Sq Ft
09/22/2018 09/22/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $127,900 -- $43 / Sq Ft
Source: Garden State MLS

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 $8,407 $225,500 $31,300 $194,200
2022 $8,425 $225,500 $31,300 $194,200
2021 $5,646 $151,200 $31,300 $119,900
2020 $5,746 $151,200 $31,300 $119,900
2019 $5,687 $151,200 $31,300 $119,900
2018 $5,584 $151,200 $31,300 $119,900
2017 $5,383 $151,200 $31,300 $119,900
2016 $5,201 $151,200 $31,300 $119,900
2015 $5,003 $151,200 $31,300 $119,900
2014 $4,689 $151,200 $31,300 $119,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    MANUEL ROSA JR

    ROSA AGENCY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3495180

Garden State MLS

APN: 14-01811-0000-00023

New Jersey Essex County Newark 07107 Fairmount

123 S 7th St, Newark, NJ

This home is located at 123 S 7th St, Newark, NJ 07107 since 15 August 2018 and is currently estimated at $495,167, approximately $165 per square foot. This property was built in 1947. 123 S 7th St is a home located in Essex County with nearby schools including Louise A. Spencer School, Belmont Runyon School, and Hawthorne Avenue Elementary School.

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