NOT LISTED FOR SALE

245 S 8th St Newark, NJ 07103

Fairmount Neighborhood

Estimated Value: $591,000 - $742,000

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

Last Sold January 26, 2015

Last sale price $110,000

Est. 522% increase in value since last sale

Current estimated payment $4,239/month

About This Home

As of January 2015

This home is located at 245 S 8th St, Newark, NJ 07103 since 26 January 2015 and is currently estimated at $687,844. 245 S 8th St is a home located in Essex County with nearby schools including Louise A. Spencer School, Hawthorne Avenue Elementary School, and Belmont Runyon School.

Last Agent to Sell the Property

Maria Schmidt

BHGRE ELITE Brokerage Phone: 908-662-5050 Listed on: 01/26/2015

BHGRE ELITE

Last Buyer's Agent

RALPH SARMIENTO

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

2,614 Sq Ft Lot

Listing Details

  • County Name: Essex
  • I D: 4402996
  • Attribution Contact: 908-662-5050
  • 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

Closed on
Jan 31, 2022
Sold by
Zmi Capital Limited Liability Company
Bought by
22 Vermont Llc
Current Estimated Value
$684,049

Purchase Details

Listed on
Jan 26, 2015
Closed on
Jan 26, 2015
Sold by
245 South 8Th St Llc
Bought by
Zm South 8Th Llc
Seller's Agent
Maria Schmidt
BHGRE ELITE
Buyer's Agent
RALPH SARMIENTO
COLDWELL BANKER REALTY
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.87%

Purchase Details

Closed on
May 25, 2011
Sold by
Nj Property Management Llc
Bought by
Chicas Jesus M Fuentes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,409
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 2010
Sold by
Baldessari Udan J and Desouza Marcia
Bought by
Nj Property Management Llc

Purchase Details

Closed on
Jan 24, 2006
Sold by
Gsj Investments Llc
Bought by
Baldessari Udan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,200
Interest Rate
7.15%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 23, 2004
Sold by
Mt Realty
Bought by
Chestnut Holdings
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
22 Vermont Llc -- Successful Abstract
Zm South 8Th Llc $130,000 --
Chicas Jesus M Fuentes $260,000 East Coast Title & Settlemen
Nj Property Management Llc $150,000 Multiple
Baldessari Udan $414,000 --
Chestnut Holdings $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chicas Jesus M Fuentes $253,409
Previous Owner Baldessari Udan $331,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2015 01/26/15 Sold $110,000 -- --
Source: Garden State MLS

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 $7,690 $202,200 $26,300 $175,900
2024 $7,538 $202,200 $26,300 $175,900
2022 $7,554 $202,200 $26,300 $175,900
2021 $7,550 $202,200 $26,300 $175,900
2020 $7,684 $202,200 $26,300 $175,900
2019 $7,605 $202,200 $26,300 $175,900
2018 $7,467 $202,200 $26,300 $175,900
2017 $7,198 $202,200 $26,300 $175,900
2016 $6,956 $202,200 $26,300 $175,900
2015 $6,691 $202,200 $26,300 $175,900
2014 $6,270 $202,200 $26,300 $175,900
Source: Public Records

Agents Affiliated with this Home

  • Maria Schmidt

    Seller's Agent in 2015

    Maria Schmidt

    BHGRE ELITE

    (908) 662-5050

    32 Total Sales

    Maria Schmidt
    Section Image

  • R

    Buyer's Agent in 2015

    RALPH SARMIENTO

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3099881

Garden State MLS

APN: 14-01781-0000-00010

New Jersey Essex County Newark 07103 Fairmount

245 S 8th St, Newark, NJ

Not Listed for Sale

MultiFamily

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.