NOT LISTED FOR SALE

316 S 7th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $423,000 - $536,000

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

Last Sold February 22, 2019

Last sale price $249,900

Est. 93% increase in value since last sale

Current estimated payment $3,108/month

73 Days on Market

About This Home

As of February 2019

This home is located at 316 S 7th St, Newark, NJ 07103 since 29 October 2018 and is currently estimated at $482,950. This property was built in 1907. 316 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.

Last Agent to Sell the Property

YOE LOPEZ

HOWARD HANNA RAND REALTY Brokerage Phone: 201-945-7484 Listed on: 10/29/2018

Last Buyer's Agent

TAJ HAIRSTON

WEICHERT REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,580

Year Built

  • Built in 1907

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,580

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Year Built: 1907
  • County Name: Essex
  • Street Number Display: 316
  • I D: 4848730
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 201-945-7484
  • 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
Oct 29, 2018
Closed on
Feb 20, 2019
Sold by
Gateway City Management
Bought by
Francios Wildenson
Seller's Agent
YOE LOPEZ
HOWARD HANNA RAND REALTY
Buyer's Agent
TAJ HAIRSTON
WEICHERT REALTORS
List Price
$265,000
Sold Price
$249,900
Premium/Discount to List
-$15,100
-5.7%
Current Estimated Value
$482,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,050
Avg. Annual Appreciation
12.01%

Purchase Details

Listed on
Nov 21, 2016
Closed on
Jan 24, 2017
Sold by
Gathara Francis K
Bought by
Gateway City Management Llc
Seller's Agent
CLAIRE LAWRENCE
FRANKO REALTY LLC
Buyer's Agent
CLAIRE LAWRENCE
FRANKO REALTY LLC
List Price
$125,000
Sold Price
$57,000
Premium/Discount to List
-$68,000
-54.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.52%
Original Mortgage
$134,000
Interest Rate
4.15%
Mortgage Type
Construction

Purchase Details

Closed on
May 31, 2013
Sold by
Murigu Eric
Bought by
Gathara Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2012
Sold by
Mcduffie Wilbert
Bought by
Murigu Eric
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Francios Wildenson $249,900 American Land Title Affiliat
Gateway City Management Llc $57,000 None Available
Gathara Francis $220,000 --
Gathara Francis $220,000 --
Gathara Francis $220,000 --
Murigu Eric $30,500 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gathara Francis $216,015
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2019 02/22/19 Sold $249,900 -5.7% --
01/10/2019 01/10/19 Pending -- -- --
10/29/2018 10/29/18 For Sale $265,000 +364.9% --
01/24/2017 01/24/17 Sold $57,000 -54.4% --
01/12/2017 01/12/17 Pending -- -- --
11/21/2016 11/21/16 For Sale $125,000 -- --
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 $6,580 $176,500 $31,300 $145,200
2024 $6,580 $176,500 $31,300 $145,200
2022 $6,594 $176,500 $31,300 $145,200
2021 $6,591 $176,500 $31,300 $145,200
2020 $6,707 $176,500 $31,300 $145,200
2019 $4,427 $117,700 $31,300 $86,400
2018 $4,347 $117,700 $31,300 $86,400
2017 $4,190 $117,700 $31,300 $86,400
2016 $4,049 $117,700 $31,300 $86,400
2015 $3,895 $117,700 $31,300 $86,400
2014 $3,650 $117,700 $31,300 $86,400
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2019

    YOE LOPEZ

    Rand Realty

  • T

    Buyer's Agent in 2019

    TAJ HAIRSTON

    WEICHERT REALTORS

  • C

    Seller's Agent in 2017

    CLAIRE LAWRENCE

    FRANKO REALTY LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3512168

Garden State MLS

APN: 14-00279-0000-00036

New Jersey Essex County Newark 07103 West Side

316 S 7th St, Newark, NJ

This home is located at 316 S 7th St, Newark, NJ 07103 since 29 October 2018 and is currently estimated at $482,950. This property was built in 1907. 316 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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes