NOT LISTED FOR SALE

397 S 8th St Unit 2 Newark, NJ 07103

West Side Neighborhood

Estimated Value: $835,803

3 Beds
2 Baths
2,986 Sq Ft
$280/Sq Ft Est. Value

About This Home

This home is located at 397 S 8th St Unit 2, Newark, NJ 07103 and is currently estimated at $835,803, approximately $279 per square foot. 397 S 8th St Unit 2 is a home located in Essex County with nearby schools including Harriet Tubman School, Camden Street Elementary School, and Cleveland Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2023
Sold by
Carlos Lopes Investments Limited Liabili
Current Estimated Value
$835,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,596
Outstanding Balance
$714,090
Interest Rate
7.57%
Mortgage Type
FHA
Estimated Equity
$121,713

Purchase Details

Closed on
Dec 14, 2022
Sold by
City Of Newark
Bought by
Carlos Lopes Investments Llc

Purchase Details

Closed on
May 11, 1978
Bought by
City Of Newark
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.

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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

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.

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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
-- $740,000 Fidelity National Title
Carlos Lopes Investments Llc $15,000 --
City Of Newark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $726,596
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
2025 $1,167 $438,000 $31,300 $406,700
2024 $1,167 $438,000 $31,300 $406,700
2023 $0 $31,300 $31,300 $0
2022 $0 $31,300 $31,300 $0
2021 $0 $31,300 $31,300 $0
2020 $0 $31,300 $31,300 $0
2019 $0 $31,300 $31,300 $0
2018 $0 $31,300 $31,300 $0
2017 $0 $31,300 $31,300 $0
2016 $0 $31,300 $31,300 $0
2015 -- $31,300 $31,300 $0
2014 -- $31,300 $31,300 $0
Source: Public Records

Map

New Jersey Essex County Newark 07103 West Side

397 S 8th St Unit 2, Newark, NJ

This home is located at 397 S 8th St Unit 2, Newark, NJ 07103 and is currently estimated at $835,803, approximately $279 per square foot. 397 S 8th St Unit 2 is a home located in Essex County with nearby schools including Harriet Tubman School, Camden Street Elementary School, and Cleveland Elementary School.

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