NOT LISTED FOR SALE

228 S 7th St Newark, NJ 07103

Fairmount Neighborhood

Estimated Value: $428,000 - $583,000

-- Bed
-- Bath
3,335 Sq Ft
$162/Sq Ft Est. Value

About This Home

This home is located at 228 S 7th St, Newark, NJ 07103 and is currently estimated at $541,114, approximately $162 per square foot. 228 S 7th St is a home located in Essex County with nearby schools including Camden Street Elementary School, Sir Isaac Newton Elementary School, and Harriet Tubman School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2023
Sold by
Valcasa Llc
Bought by
Roc Holdings Group Llc
Current Estimated Value
$541,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,500
Outstanding Balance
$543,541
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$98,397

Purchase Details

Closed on
Jan 4, 2022
Sold by
228 South 7Th Street Newark Llc
Bought by
Valcasa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,850
Interest Rate
3.92%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 25, 2021
Sold by
Gordon Edward Eugene
Bought by
228 South 7Th Newark Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.09%

Purchase Details

Closed on
Oct 11, 2021
Sold by
Gordon Edward Eugene
Bought by
228 South 7Th Newark Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.09%
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
Roc Holdings Group Llc -- --
Valcasa Llc $300,000 Old Republic National
228 South 7Th Newark Llc $204,000 Clear Skies Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roc Holdings Group Llc $552,500
Previous Owner Valcasa Llc $539,850
Previous Owner 228 South 7Th Newark Llc $289,750
Previous Owner Gordon Velma L $250,000
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
2024 $8,444 $226,500 $26,900 $199,600
2022 $4,177 $111,800 $26,900 $84,900
2021 $4,175 $111,800 $26,900 $84,900
2020 $4,248 $111,800 $26,900 $84,900
2019 $4,205 $111,800 $26,900 $84,900
2018 $4,129 $111,800 $26,900 $84,900
2017 $3,980 $111,800 $26,900 $84,900
2016 $3,846 $111,800 $26,900 $84,900
2015 $3,699 $111,800 $26,900 $84,900
2014 $3,467 $111,800 $26,900 $84,900
Source: Public Records

Map

New Jersey Essex County Newark 07103 Fairmount

228 S 7th St, Newark, NJ

This home is located at 228 S 7th St, Newark, NJ 07103 and is currently estimated at $541,114, approximately $162 per square foot. 228 S 7th St is a home located in Essex County with nearby schools including Camden Street Elementary School, Sir Isaac Newton Elementary School, and Harriet Tubman School.

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