NOT LISTED FOR SALE

285 S 7th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $549,000 - $805,000

-- Bed
-- Bath
3,540 Sq Ft
$205/Sq Ft Est. Value

About This Home

This home is located at 285 S 7th St, Newark, NJ 07103 and is currently estimated at $724,083, approximately $204 per square foot. 285 S 7th St is a home located in Essex County with nearby schools including Camden Street Elementary School, Harriet Tubman School, and Sir Isaac Newton Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2024
Sold by
Mb7 Highland Llc
Bought by
285 S7 Nj Llc
Current Estimated Value
$724,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Outstanding Balance
$615,189
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$108,894

Purchase Details

Closed on
Nov 28, 2017
Sold by
285 South 7 St Mb Llc
Bought by
Mb 7 Highland Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2016
Sold by
City Of Newark
Bought by
285 South 7 Street Mb Llc

Purchase Details

Closed on
Dec 31, 2014
Bought by
City Of Newark
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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First American

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Quantarium

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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
285 S7 Nj Llc $775,000 Universal Title
Mb 7 Highland Llc $349,500 --
285 South 7 Street Mb Llc $75,000 Fidelity National Title
City Of Newark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 285 S7 Nj Llc $620,000
Previous Owner Mb 7 Highland Llc $1,400,000
Previous Owner Bell Daisy $214,281
Previous Owner Bell Alfred $40,000
Previous Owner Bell Alfred $122,715
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
2024 $6,893 $184,900 $29,600 $155,300
2022 $6,908 $184,900 $29,600 $155,300
2021 $6,904 $184,900 $29,600 $155,300
2020 $9,485 $249,600 $29,600 $220,000
2019 $6,954 $184,900 $29,600 $155,300
2018 $6,828 $184,900 $29,600 $155,300
2017 $6,582 $184,900 $29,600 $155,300
2016 $6,361 $184,900 $29,600 $155,300
2015 -- $184,900 $29,600 $155,300
2014 $5,484 $184,900 $29,600 $155,300
Source: Public Records

Map

New Jersey Essex County Newark 07103 West Side

285 S 7th St, Newark, NJ

This home is located at 285 S 7th St, Newark, NJ 07103 and is currently estimated at $724,083, approximately $204 per square foot. 285 S 7th St is a home located in Essex County with nearby schools including Camden Street Elementary School, Harriet Tubman School, and Sir Isaac Newton Elementary 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.

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