NOT LISTED FOR SALE

262 S 8th St Newark, NJ 07103

Fairmount Neighborhood

Estimated Value: $491,000 - $697,000

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

Last Sold August 06, 2021

Last sale price $464,000

Est. 26% increase in value since last sale

Current estimated payment $3,895/month

44 Days on Market

About This Home

As of August 2021

This home is located at 262 S 8th St, Newark, NJ 07103 since 24 March 2021 and is currently estimated at $604,157. This property was built in 1930. 262 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

SUSANA BANCES

THE REAL ESTATE COMPANY Brokerage Phone: 908-686-7800 Listed on: 03/24/2021

Last Buyer's Agent

Suselle Salermo

RE/MAX FIRST REALTY II

RE/MAX FIRST REALTY II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,272

Year Built

  • Built in 1930

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,272

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Year Built: 1930
  • County Name: Essex
  • Street Number Display: 262
  • I D: 5057896
  • Modified: 2022-08-07
  • Number Images: 1
  • Attribution Contact: 908-686-7800
  • 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
Mar 1, 2022
Sold by
Kerr Maxine V
Bought by
Mmm3 Estate Group Llc
Current Estimated Value
$585,596

Purchase Details

Listed on
Mar 24, 2021
Closed on
Aug 5, 2021
Sold by
Rga 3 Llc
Bought by
Kerr Maxine V
Seller's Agent
SUSANA BANCES
THE REAL ESTATE COMPANY
Buyer's Agent
Suselle Salermo
RE/MAX FIRST REALTY II
List Price
$475,000
Sold Price
$464,000
Premium/Discount to List
-$11,000
-2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$455,595
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2004
Sold by
Kerr Anthony
Bought by
Robinson Saladeen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.32%

Purchase Details

Closed on
Feb 3, 1990
Sold by
Smith James W
Bought by
Kerr Anthony W
Source: Public Records

Range of Values:

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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
Mmm3 Estate Group Llc -- Clark West Julie A
Kerr Maxine V $480,000 Foundation Title Llc
Robinson Saladeen $135,000 --
Kerr Anthony W $49,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kerr Maxine V $455,595
Previous Owner Robinson Saladeen $140,000
Previous Owner Robinson Saladeen $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $464,000 -2.3% --
05/07/2021 05/07/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $475,000 -- --
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 $8,272 $221,900 $26,300 $195,600
2024 $8,272 $221,900 $26,300 $195,600
2022 $8,290 $221,900 $26,300 $195,600
2021 $5,291 $141,700 $26,300 $115,400
2020 $5,385 $141,700 $26,300 $115,400
2019 $5,329 $141,700 $26,300 $115,400
2018 $5,233 $141,700 $26,300 $115,400
2017 $5,045 $141,700 $26,300 $115,400
2016 $4,874 $141,700 $26,300 $115,400
2015 $4,689 $141,700 $26,300 $115,400
2014 $4,394 $141,700 $26,300 $115,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    SUSANA BANCES

    THE REAL ESTATE COMPANY

  • Suselle Salermo

    Buyer's Agent in 2021

    Suselle Salermo

    RE/MAX

    (908) 418-0577

    1 in this area

    261 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3700303

Garden State MLS

APN: 14-01780-0000-00058

New Jersey Essex County Newark 07103 Fairmount

262 S 8th St, Newark, NJ

This home is located at 262 S 8th St, Newark, NJ 07103 since 24 March 2021 and is currently estimated at $604,157. This property was built in 1930. 262 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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