NOT LISTED FOR SALE

Estimated Value: $710,000 - $905,000

-- Bed
6 Baths
-- Sq Ft
4,050 Sq Ft Lot

Last Sold February 28, 2019

Last sale price $465,000

Est. 73% increase in value since last sale

Current estimated payment $5,400/month

74 Days on Market

About This Home

As of February 2019

This home is located at 162 S 7th St, Newark, NJ 07103 since 13 December 2018 and is currently estimated at $804,128. This property was built in 2006. 162 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 Buyer's Agent

April Nicole Blount

BHHS FOX & ROACH

BHHS FOX & ROACH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,978

Year Built

  • Built in 2006

Lot Details

  • 4,050 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,978

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Year Built: 2006
  • County Name: Essex
  • Street Number Display: 162
  • I D: 4857420
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 973-450-4000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 4050 SF
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2022
Sold by
Essex County Sheriff
Bought by
Caliber Home Loans Inc
Current Estimated Value
$804,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 13, 2018
Closed on
Feb 25, 2019
Sold by
1692 South 7Th Llc
Bought by
Bradford Laquan B
Buyer's Agent
April Nicole Blount
BHHS FOX & ROACH
List Price
$478,800
Sold Price
$465,000
Premium/Discount to List
-$13,800
-2.88%

Purchase Details

Closed on
Dec 10, 2015
Sold by
Sheriff Of The County Of Essex
Bought by
Pennymac Corp

Purchase Details

Closed on
Jun 16, 2015
Sold by
Fontoura Armando B
Bought by
Pennymac Corp and Nimaga Anna

Purchase Details

Closed on
Nov 20, 2006
Sold by
A&A Construction Inc
Bought by
Nimaga Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,400
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 1996
Sold by
Newark
Bought by
Rodriguez Modesto
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
Caliber Home Loans Inc $517,600 --
Bradford Laquan B $465,000 Title Authority Llc
Pennymac Corp $553,738 None Listed On Document
Pennymac Corp $553,738 None Available
Nimaga Anna $520,000 --
Rodriguez Modesto $1,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caliber Home Loans Inc $570,000
Previous Owner 162 South 7 Llc $250,000
Previous Owner Nimaga Anna $504,400
Closed Pennymac Corp --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $465,000 -2.9% --
02/25/2019 02/25/19 Pending -- -- --
12/13/2018 12/13/18 For Sale $478,800 +57.0% --
04/09/2018 04/09/18 Sold $305,000 +8.9% --
02/01/2018 02/01/18 Pending -- -- --
12/19/2017 12/19/17 For Sale $280,000 -- --
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
2025 $11,978 $321,300 $28,400 $292,900
2024 $11,978 $321,300 $28,400 $292,900
2022 $12,004 $321,300 $28,400 $292,900
2021 $11,997 $321,300 $28,400 $292,900
2020 $12,209 $321,300 $28,400 $292,900
2019 $11,076 $294,500 $28,400 $266,100
2018 $10,876 $294,500 $28,400 $266,100
2017 $10,484 $294,500 $28,400 $266,100
2016 $10,131 $294,500 $28,400 $266,100
2015 $9,745 $294,500 $28,400 $266,100
2014 $9,132 $294,500 $28,400 $266,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3520546

Garden State MLS

APN: 14-01800-0000-00059-01