NOT LISTED FOR SALE

Estimated Value: $617,000 - $696,000

-- Bed
-- Bath
3,660 Sq Ft
$176/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $383,000 $105 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,399/month

18 Days on Market

About This Home

As of October 2020

This home is located at 29 N 7th St, Newark, NJ 07107 since 22 June 2020 and is currently estimated at $644,619, approximately $176 per square foot. This property was built in 1907. 29 N 7th St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.

Last Agent to Sell the Property

WILSON MERCHAN

MERCHAN TEAM REALTY LLC. Brokerage Phone: 973-783-7400 Listed on: 06/22/2020

Last Buyer's Agent

David Giron

EXP REALTY, LLC

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,090

Year Built

  • Built in 1907

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,090

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Year Built: 1907
  • County Name: Essex
  • I D: 4992494
  • 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 22, 2020
Closed on
Oct 23, 2020
Sold by
Capital Investment Group 29 Llc
Bought by
Capstone Home Solutions Llc
Seller's Agent
WILSON MERCHAN
MERCHAN TEAM REALTY LLC.
Buyer's Agent
David Giron
EXP REALTY, LLC
List Price
$388,900
Sold Price
$383,000
Premium/Discount to List
-$5,900
-1.52%
Current Estimated Value
$644,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,619
Avg. Annual Appreciation
10.93%
Original Mortgage
$306,400
Outstanding Balance
$272,030
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$372,589

Purchase Details

Closed on
Jun 2, 2010
Sold by
U S Bank National Association
Bought by
Capital Investments Group 29 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 16, 2009
Sold by
Langford Monique
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 28, 2006
Sold by
Blu Financial Group Inc
Bought by
Langford Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.32%

Purchase Details

Closed on
Nov 30, 2005
Sold by
Wachovia Bank Na
Bought by
Blu Financial Group Inc

Purchase Details

Closed on
Jul 30, 2004
Sold by
Salcedo Freddy
Bought by
Adames Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,800
Interest Rate
5.78%

Purchase Details

Closed on
Oct 12, 2001
Sold by
Bankers Trust
Bought by
Essex Inv

Purchase Details

Closed on
Sep 13, 1997
Sold by
Gravina Vincent
Bought by
Jackson Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.41%

Purchase Details

Closed on
Jul 29, 1997
Sold by
H U D
Bought by
Gravina Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.41%

Purchase Details

Closed on
Oct 17, 1989
Sold by
Crawford Clarence and Crawford Elvera
Bought by
Bonilla Cesar and Bonilla Juana
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
Capstone Home Solutions Llc $383,000 Hometown Title Ins Agcy Llc
Capital Investments Group 29 Llc $60,000 First American Title Ins Co
Us Bank National Association -- None Available
Langford Monique $495,000 --
Blu Financial Group Inc $233,000 --
Adames Daniel $340,000 --
Essex Inv $65,000 --
Jackson Rodney $100,000 --
Gravina Vincent $29,900 --
Bonilla Cesar $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capstone Home Solutions Llc $306,400
Previous Owner Capital Investments Group 29 Llc $100,000
Previous Owner Langford Monique $396,000
Previous Owner Adames Daniel $329,800
Previous Owner Jackson Rodney $75,000
Previous Owner Gravina Vincent $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $383,000 -1.5% $105 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $388,900 -- $106 / 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 $12,090 $324,300 $21,300 $303,000
2024 $12,090 $324,300 $21,300 $303,000
2022 $12,116 $324,300 $21,300 $303,000
2021 $12,109 $324,300 $21,300 $303,000
2020 $3,800 $100,000 $21,300 $78,700
2019 $5,642 $150,000 $21,300 $128,700
2018 $6,858 $185,700 $21,300 $164,400
2017 $6,611 $185,700 $21,300 $164,400
2016 $6,388 $185,700 $21,300 $164,400
2015 $6,145 $185,700 $21,300 $164,400
2014 $5,759 $185,700 $21,300 $164,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3642516

Garden State MLS

APN: 14-01874-0000-00038