NOT LISTED FOR SALE

204-206 N 7th St Newark, NJ 07107

Lower Roseville Neighborhood

Estimated Value: $1,004,000 - $1,365,000

-- Bed
-- Bath
4,152 Sq Ft
$283/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $812,000 $196 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $8,580/month

29 Days on Market

About This Home

As of September 2021

This home is located at 204-206 N 7th St, Newark, NJ 07107 since 20 June 2021 and is currently estimated at $1,175,679, approximately $283 per square foot. This property was built in 2005. 204-206 N 7th St is a home located in Essex County with nearby schools including Dr. William H. Horton Elementary School, First Avenue Elementary School, and Franklin School.

Last Agent to Sell the Property

RONALD COLLINS

HOMESMART FIRST ADVANTAGE Brokerage Phone: 973-354-5000 Listed on: 06/20/2021

Co-Listed By

Cynthia Barrett-Bismuth

ALEXANDER ANDERSON REAL ESTATE Brokerage Phone: 973-354-5000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,676

Year Built

  • Built in 2005

Lot Details

  • 6,970 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,676

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Year Built: 2005
  • County Name: Essex
  • Street Number Display: 204-206
  • I D: 5079963
  • Modified: 2022-09-18
  • Number Images: 1
  • Attribution Contact: 973-354-5000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 46X147.9 AVG.
  • Total Acres: 0.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2021
Closed on
Sep 14, 2021
Sold by
Mohammed Starsha and Mohammed Jumaddean
Bought by
Leifer Ratzy
Seller's Agent
RONALD COLLINS
HOMESMART FIRST ADVANTAGE
List Price
$730,000
Sold Price
$812,000
Premium/Discount to List
$82,000
11.23%
Current Estimated Value
$1,175,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,679
Avg. Annual Appreciation
12.19%
Original Mortgage
$472,500
Outstanding Balance
$434,599
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$818,359

Purchase Details

Closed on
Sep 9, 2015
Sold by
Mohammed Starsha
Bought by
Mohammed Starsha and Mohammed Jumaddean

Purchase Details

Closed on
Apr 20, 2009
Sold by
Federal National Mortgage Association
Bought by
Mohammed Starsha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,204
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2008
Sold by
Otun Arimi and Otun Busirat
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 10, 2006
Sold by
Neno & Neno Partners Llc
Bought by
Otun Busirat and Otun Arimi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.62%

Purchase Details

Closed on
Jun 20, 2005
Sold by
Newark Redevelopment Corp
Bought by
Neno & Neno Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,500
Interest Rate
5.59%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 19, 1988
Sold by
Araujo Antonio
Bought by
Ruiz Jose L
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Leifer Ratzy $812,000 Universal Title Llc
Mohammed Starsha -- --
Mohammed Starsha $320,000 Stewart Title Guaranty Co
Federal National Mortgage Association -- None Available
Otun Busirat $615,000 --
Neno & Neno Partners Llc $255,000 --
Ruiz Jose L $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leifer Ratzy $472,500
Previous Owner Mohammed Starsha $314,204
Previous Owner Otun Busirat $492,000
Previous Owner Neno & Neno Partners Llc $347,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $812,000 +11.2% $196 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
06/20/2021 06/20/21 For Sale $730,000 -- $176 / 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 $24,676 $661,900 $30,500 $631,400
2022 $17,047 $456,300 $30,500 $425,800
2021 $9,342 $250,200 $30,500 $219,700
2020 $9,508 $250,200 $30,500 $219,700
2019 $9,410 $250,200 $30,500 $219,700
2018 $9,240 $250,200 $30,500 $219,700
2017 $8,907 $250,200 $30,500 $219,700
2016 $8,607 $250,200 $30,500 $219,700
2015 $8,279 $250,200 $30,500 $219,700
2014 $7,759 $250,200 $30,500 $219,700
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    RONALD COLLINS

    HOMESMART FIRST ADVANTAGE

  • Cynthia Barrett-Bismuth

    Seller Co-Listing Agent in 2021

    Cynthia Barrett-Bismuth

    ALEXANDER ANDERSON REAL ESTATE

    (201) 343-6640

    2 in this area

    44 Total Sales

    Cynthia Barrett-Bismuth
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Map

Source: Garden State MLS

MLS Number: 3721630

Garden State MLS

APN: 14-01918-0000-00047

New Jersey Essex County Newark 07107 Lower Roseville

204-206 N 7th St, Newark, NJ

This home is located at 204-206 N 7th St, Newark, NJ 07107 since 20 June 2021 and is currently estimated at $1,175,679, approximately $283 per square foot. This property was built in 2005. 204-206 N 7th St is a home located in Essex County with nearby schools including Dr. William H. Horton Elementary School, First Avenue Elementary School, and Franklin School.

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