261 S 8th St Newark, NJ 07103
Fairmount NeighborhoodEstimated Value: $607,763 - $874,000
4
Beds
1
Bath
--
Sq Ft
3,311
Sq Ft Lot
About This Home
This home is located at 261 S 8th St, Newark, NJ 07103 and is currently estimated at $711,691. 261 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 2, 2022
Sold by
Norvell and Zaneta
Bought by
261 Realty Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$343,025
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$347,109
Purchase Details
Closed on
May 27, 2014
Sold by
Norvell Artice and Norvell Bryan
Bought by
Norvell Artice
Purchase Details
Closed on
Sep 23, 1996
Sold by
Vet Affiars
Bought by
Norvell Cloria
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
261 Realty Llc | $410,000 | None Listed On Document | |
Norvell Artice | -- | -- | |
Norvell Cloria | $17,490 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | 261 Realty Llc | $360,000 | |
Previous Owner | Norvell Artice K | $172,975 | |
Previous Owner | Norvell Artice | $100,000 |
Source: Public Records
Tax History Compared to Growth
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 | $12,504 | $335,400 | $27,300 | $308,100 |
2024 | $12,504 | $335,400 | $27,300 | $308,100 |
2022 | $7,730 | $206,900 | $27,300 | $179,600 |
2021 | $7,726 | $206,900 | $27,300 | $179,600 |
2020 | $7,862 | $206,900 | $27,300 | $179,600 |
2019 | $7,782 | $206,900 | $27,300 | $179,600 |
2018 | $7,641 | $206,900 | $27,300 | $179,600 |
2017 | $7,366 | $206,900 | $27,300 | $179,600 |
2016 | $7,117 | $206,900 | $27,300 | $179,600 |
2015 | $6,846 | $206,900 | $27,300 | $179,600 |
2014 | $6,416 | $206,900 | $27,300 | $179,600 |
Source: Public Records
Map
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