NOT LISTED FOR SALE

186 S 7th St Unit 188 Newark, NJ 07103

Fairmount Neighborhood

Estimated Value: $487,000 - $845,748

6 Beds
3 Baths
2,468 Sq Ft
$253/Sq Ft Est. Value

About This Home

This home is located at 186 S 7th St Unit 188, Newark, NJ 07103 and is currently estimated at $624,687, approximately $253 per square foot. 186 S 7th St Unit 188 is a home located in Essex County with nearby schools including Louise A. Spencer School, Hawthorne Avenue Elementary School, and Belmont Runyon School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2022
Sold by
Jerez Francina V
Bought by
Salawu Rasheed A and Salawu Omolara R
Current Estimated Value
$624,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,803
Outstanding Balance
$668,484
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$24,650

Purchase Details

Closed on
Feb 12, 2020
Sold by
Ad Vargas Llc
Bought by
Jerez Francina V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 1993
Sold by
City Of Newark
Bought by
Quero Luis E
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Salawu Rasheed A $725,000 None Listed On Document
Jerez Francina V $390,000 Land Title
Quero Luis E $9,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salawu Rasheed A $700,803
Previous Owner Jerez Francina V $312,000
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
2025 $11,389 $305,500 $30,400 $275,100
2024 $11,389 $305,500 $30,400 $275,100
2022 $11,413 $305,500 $30,400 $275,100
2021 $11,407 $305,500 $30,400 $275,100
2020 $6,878 $181,000 $30,400 $150,600
2019 $6,807 $181,000 $30,400 $150,600
2018 $6,684 $181,000 $30,400 $150,600
2017 $6,444 $181,000 $30,400 $150,600
2016 $6,226 $181,000 $30,400 $150,600
2015 $5,989 $181,000 $30,400 $150,600
2014 $5,613 $181,000 $30,400 $150,600
Source: Public Records

Map

New Jersey Essex County Newark 07103 Fairmount

186 S 7th St Unit 188, Newark, NJ

This home is located at 186 S 7th St Unit 188, Newark, NJ 07103 and is currently estimated at $624,687, approximately $253 per square foot. 186 S 7th St Unit 188 is a home located in Essex County with nearby schools including Louise A. Spencer School, Hawthorne Avenue Elementary School, and Belmont Runyon 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.

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