NOT LISTED FOR SALE

253 S 7th St Unit 2 Newark, NJ 07103

Fairmount Neighborhood

Estimated Value: $441,000 - $605,000

4 Beds
2 Baths
2,236 Sq Ft
$225/Sq Ft Est. Value

About This Home

This home is located at 253 S 7th St Unit 2, Newark, NJ 07103 and is currently estimated at $504,161, approximately $225 per square foot. 253 S 7th St Unit 2 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
Aug 26, 2019
Sold by
Harness Homes Borrower
Bought by
Major Properties Llc
Current Estimated Value
$504,161

Purchase Details

Closed on
Apr 14, 2016
Sold by
Stephen Edwin and Stephen Marie
Bought by
Harness Homes Group Llc

Purchase Details

Closed on
Mar 7, 2007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
8.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 31, 2003
Sold by
Lee Jaison
Bought by
Stephen Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,275
Interest Rate
6.01%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2001
Sold by
Scott Michele
Bought by
Muhammad Ibrahim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,875
Interest Rate
7.03%

Purchase Details

Closed on
Jan 12, 1994
Sold by
Howell Samuel
Bought by
Howell Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
7.22%
Source: Public Records

Range of Values:

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
Major Properties Llc -- --
Major Properties Llc -- None Available
Harness Homes Group Llc $47,000 None Available
-- -- --
Stephen Marie $145,000 --
Muhammad Ibrahim $77,500 --
Howell Michele $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stephen Marie $264,000
Previous Owner Stephen Marie $14,275
Previous Owner Muhammad Ibrahim $65,875
Previous Owner Howell Michele $62,000
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 $4,981 $133,600 $26,300 $107,300
2024 $4,981 $133,600 $26,300 $107,300
2022 $4,991 $133,600 $26,300 $107,300
2021 $4,989 $133,600 $26,300 $107,300
2020 $5,077 $133,600 $26,300 $107,300
2019 $5,025 $133,600 $26,300 $107,300
2018 $4,934 $133,600 $26,300 $107,300
2017 $4,756 $133,600 $26,300 $107,300
2016 $4,596 $133,600 $26,300 $107,300
2015 $4,421 $133,600 $26,300 $107,300
2014 $4,143 $133,600 $26,300 $107,300
Source: Public Records

Map

New Jersey Essex County Newark 07103 Fairmount

253 S 7th St Unit 2, Newark, NJ

This home is located at 253 S 7th St Unit 2, Newark, NJ 07103 and is currently estimated at $504,161, approximately $225 per square foot. 253 S 7th St Unit 2 is a home located in Essex County with nearby schools including Camden Street Elementary School, Sir Isaac Newton Elementary School, and Harriet Tubman 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.

Nearby Homes