NOT LISTED FOR SALE

Estimated Value: $500,000 - $672,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold February 20, 2020

Last sale price $298,000

Est. 93% increase in value since last sale

Current estimated payment $3,760/month

7 Days on Market

About This Home

As of February 2020

This home is located at 228 N 7th St, Newark, NJ 07107 since 02 December 2019 and is currently estimated at $575,830. 228 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

RALPH VELEZ

QUEENS REALTY Brokerage Phone: 973-302-7264 Listed on: 12/02/2019

Last Buyer's Agent

RALPH VELEZ

QUEENS REALTY Brokerage Phone: 973-302-7264 Listed on: 12/02/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,621

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,621

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 228
  • I D: 4948054
  • Modified: 2021-02-21
  • Number Images: 1
  • Attribution Contact: 973-302-7264
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2014
Closed on
Sep 24, 2014
Sold by
Fannie Mae
Bought by
Gonzalez Angel
Seller's Agent
LARRY SHARPE
SHARPE REALTY INC./MAPLEWOOD
Buyer's Agent
LARRY SHARPE
SHARPE REALTY INC./MAPLEWOOD
Sold Price
$94,900
Current Estimated Value
$575,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,930
Avg. Annual Appreciation
16.76%
Original Mortgage
$161,467
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2014
Closed on
Sep 23, 2014
Sold by
Federal National Mortgage Association and Fannie Mae
Bought by
Gonzalez Angel M
Seller's Agent
LARRY SHARPE
SHARPE REALTY INC./MAPLEWOOD
Buyer's Agent
LARRY SHARPE
SHARPE REALTY INC./MAPLEWOOD
Sold Price
$94,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,467
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2013
Sold by
Sheriff Armando Fontoura
Bought by
Federal National Mor

Purchase Details

Closed on
Apr 11, 2001
Sold by
Sanchez Adelfa
Bought by
Rodriguez Paber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,580
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 1990
Sold by
Sanchez Adelfa and Sanchez Perello,Julio
Bought by
Sanchez Adelfa
Source: Public Records

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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
Gonzalez Angel $94,900 --
Gonzalez Angel $94,900 --
Gonzalez Angel M $94,900 --
Federal National Mor $100 --
Rodriguez Paber $111,300 --
Sanchez Adelfa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Florez Kevin $19,000
Open Florez Kevin $288,919
Closed Gonzalez Angel M $203,500
Closed Gonzalez Angel M $161,467
Previous Owner Rodriguez Paber $60,000
Previous Owner Rodriguez Paber $35,000
Previous Owner Rodriguez Paber $262,800
Previous Owner Rodriguez Paber $109,580
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2020 02/20/20 Sold $298,000 +3.1% --
12/09/2019 12/09/19 Pending -- -- --
12/02/2019 12/02/19 For Sale $289,000 +204.5% --
10/01/2014 10/01/14 Sold $94,900 -- --
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 $6,621 $177,600 $18,800 $158,800
2022 $6,635 $177,600 $18,800 $158,800
2021 $6,632 $177,600 $18,800 $158,800
2020 $5,803 $152,700 $18,800 $133,900
2019 $5,743 $152,700 $18,800 $133,900
2018 $5,639 $152,700 $18,800 $133,900
2017 $5,436 $152,700 $18,800 $133,900
2016 $5,253 $152,700 $18,800 $133,900
2015 $5,053 $152,700 $18,800 $133,900
2014 $4,735 $152,700 $18,800 $133,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3603625

Garden State MLS

APN: 14-01929-0000-00028