NOT LISTED FOR SALE

132 S 7th St Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $523,000 - $637,017

9 Beds
3 Baths
-- Sq Ft
3,354 Sq Ft Lot

Last Sold May 30, 2019

Last sale price $94,000

Est. 521% increase in value since last sale

Current estimated payment $3,579/month

1 Day on Market

Highlights

  • Cooling Available
  • Level Lot
  • Heating System Uses Natural Gas

About This Home

As of May 2019

Property sold as-is Buyer responsible for obtaining all city requirements. Seller prefers that properties receive a minimum of 10 days exposure to the market before considering purchase offers. However, this is not a requirement and purchase offers may be accepted anytime by the Seller.

Last Agent to Sell the Property

Salvador Oliveira

B. Quest Realty , LLC Listed on: 02/11/2019

Last Buyer's Agent

Salvador Oliveira

All Jersey Realty License #0679796

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,869

Lot Details

  • 3,354

Parking

  • No Garage

Home Design

  • Triplex
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Additional Features

  • 3-Story Property
  • Level Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for hot water, gas, electricity
  • Assessor Parcel Number 1614-01810-0000-00041-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,869

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • ResoLotFeatures: Other, See Remarks, Level
  • ResoPoolFeatures: See Remarks
  • Subdivision Name: None
  • Reso Accessibility Features: Other - See Remarks
  • Reso Flooring: See Remarks, Other
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • SidingAluminum: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Cooling No Heat2: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Other, Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Stories: 3
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • BasementOther: Yes

Exterior Features

  • Roof: Other - See Remarks, Shingle
  • Waterfront Features: Other - See Remarks
  • Waterfront: No
  • Exclusions: N/A
  • Construction Type: Aluminum Siding
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None, See Remarks, Other, No Parking
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other, See Remarks
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Parcel #: 1614-01810-0000-00041-0000-
  • Zoning Description: Multi-Family

Rental Info

  • Tenant Pays: See Remarks, Hot Water, Gas, Electricity
  • Owner Pays: See Remarks

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2020
Sold by
The Ssmb Group 1 Llc
Bought by
Berger Moshe and Schwimmer Shaye
Current Estimated Value
$583,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Outstanding Balance
$299,529
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$280,785

Purchase Details

Listed on
Feb 11, 2019
Closed on
Apr 29, 2019
Sold by
Usa Hud
Bought by
National City Mortgage
Seller's Agent
Salvador Oliveira
B. Quest Realty , LLC
Buyer's Agent
Salvador Oliveira
All Jersey Realty
Sold Price
$94,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.68%

Purchase Details

Closed on
Sep 5, 2018
Sold by
Pnc Bank Na
Bought by
Ssmb Group 1 Llc

Purchase Details

Closed on
Jul 13, 2015
Sold by
Fontoura Armando B
Bought by
Usa Hud

Purchase Details

Closed on
Nov 13, 2007
Sold by
Mirabelli Frank
Bought by
Robinson John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,237
Interest Rate
6.1%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 2003
Sold by
Jackson Alphonso
Bought by
Young Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500
Interest Rate
6.01%

Purchase Details

Closed on
Jun 19, 2001
Sold by
Iannuzzi Albert
Bought by
Guzman Wilfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,350
Interest Rate
7.2%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2000
Sold by
M & A Property Management Inc
Bought by
Iannuzzi Albert

Purchase Details

Closed on
May 21, 1993
Sold by
Amos James
Bought by
M & A Property Mtg

Purchase Details

Closed on
Oct 3, 1991
Sold by
Amos James E and Amos Lucy
Bought by
Amos James E

Purchase Details

Closed on
Jan 18, 1989
Sold by
City Of Newark Plaintiff
Bought by
Amos James and Lucy Defendants
Source: Public Records

Range of Values:

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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
Berger Moshe -- Old Republic Natl Ttl Ins Co
National City Mortgage -- --
Ssmb Group 1 Llc $94,000 --
Usa Hud -- --
Robinson John F $425,000 First American Title Ins Co
Young Linda $70,132 --
Guzman Wilfredo $40,000 --
Iannuzzi Albert $18,000 --
Iannuzzi Albert $18,000 --
M & A Property Mtg $45,000 --
Amos James E -- --
Amos James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berger Moshe $336,000
Previous Owner Robinson John F $388,237
Previous Owner Mirabelli Frank $280,000
Previous Owner Young Linda $7,500
Previous Owner Guzman Wilfredo $119,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $94,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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
2025 $4,869 $130,600 $33,300 $97,300
2024 $4,869 $130,600 $33,300 $97,300
2022 $4,879 $130,600 $33,300 $97,300
2021 $4,877 $130,600 $33,300 $97,300
2020 $4,963 $130,600 $33,300 $97,300
2019 $4,912 $130,600 $33,300 $97,300
2018 $4,823 $130,600 $33,300 $97,300
2017 $4,649 $130,600 $33,300 $97,300
2016 $4,493 $130,600 $33,300 $97,300
2015 $4,322 $130,600 $33,300 $97,300
2014 $4,050 $130,600 $33,300 $97,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Salvador Oliveira

    B. Quest Realty , LLC

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21905626

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 14-01810-0000-00041

New Jersey Essex County Newark 07107 Fairmount

132 S 7th St, Newark, NJ

This home is located at 132 S 7th St, Newark, NJ 07107 since 11 February 2019 and is currently estimated at $583,504. 132 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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