NOT LISTED FOR SALE

255 S 8th St Newark, NJ 07103

Fairmount Neighborhood

Estimated Value: $383,000 - $628,317

7 Beds
4 Baths
2,074 Sq Ft
$235/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $270,000 $130 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,229/month

21 Days on Market

About This Home

As of January 2022

This home is located at 255 S 8th St, Newark, NJ 07103 since 08 June 2021 and is currently estimated at $487,079, approximately $234 per square foot. This property was built in 1887. 255 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

BRENDAN DASILVA

KELLER WILLIAMS - NJ METRO GROUP Brokerage Phone: 973-783-7400 Listed on: 06/08/2021

Last Buyer's Agent

SANDRA WILLIAMS

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,881

Year Built

  • Built in 1887

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,881

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Year Built: 1887
  • County Name: Essex
  • Street Number Display: 255
  • I D: 5078569
  • Modified: 2023-01-25
  • Number Images: 1
  • Attribution Contact: 973-783-7400
  • 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
Jun 8, 2021
Closed on
Jan 24, 2022
Sold by
Reid and Mildred
Bought by
255 S 8Th Llc
Seller's Agent
BRENDAN DASILVA
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
SANDRA WILLIAMS
EXP REALTY, LLC
List Price
$299,900
Sold Price
$270,000
Premium/Discount to List
-$29,900
-9.97%
Current Estimated Value
$487,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,079
Avg. Annual Appreciation
15.91%

Purchase Details

Closed on
Sep 21, 2010
Sold by
Reid Leslie
Bought by
Reid Leslie and Reid Mildraid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,368
Interest Rate
4.87%
Mortgage Type
FHA
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
255 S 8Th Llc $270,000 Campbell Sherwin G
Reid Leslie -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reid Leslie $130,368
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Sold $270,000 -10.0% $130 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $299,900 -- $145 / 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
2025 $7,881 $127,700 $26,300 $101,400
2024 $7,881 $127,700 $26,300 $101,400
2022 $4,771 $127,700 $26,300 $101,400
2021 $4,768 $127,700 $26,300 $101,400
2020 $4,853 $127,700 $26,300 $101,400
2019 $4,803 $127,700 $26,300 $101,400
2018 $4,716 $127,700 $26,300 $101,400
2017 $4,546 $127,700 $26,300 $101,400
2016 $4,393 $127,700 $26,300 $101,400
2015 $4,226 $127,700 $26,300 $101,400
2014 $3,960 $127,700 $26,300 $101,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    BRENDAN DASILVA

    KELLER WILLIAMS - NJ METRO GROUP

  • S

    Buyer's Agent in 2022

    SANDRA WILLIAMS

    EXP REALTY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3718479

Garden State MLS

APN: 14-01781-0000-00015

New Jersey Essex County Newark 07103 Fairmount

255 S 8th St, Newark, NJ

This home is located at 255 S 8th St, Newark, NJ 07103 since 08 June 2021 and is currently estimated at $487,079, approximately $234 per square foot. This property was built in 1887. 255 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.

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