NOT LISTED FOR SALE

40 S 8th St Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $343,411 - $469,000

-- Bed
-- Bath
1,559 Sq Ft
$251/Sq Ft Est. Value

About This Home

This home is located at 40 S 8th St, Newark, NJ 07107 and is currently estimated at $390,853, approximately $250 per square foot. 40 S 8th St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Harriet Tubman School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 1997
Sold by
Barber Raymond
Bought by
Farmer Ronnie
Current Estimated Value
$390,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Outstanding Balance
$7,998
Interest Rate
7.8%
Mortgage Type
FHA
Estimated Equity
$312,542
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

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.

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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
Farmer Ronnie $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farmer Ronnie $45,000
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 $4,459 $119,600 $11,100 $108,500
2022 $4,468 $119,600 $11,100 $108,500
2021 $4,466 $119,600 $11,100 $108,500
2020 $4,545 $119,600 $11,100 $108,500
2019 $4,498 $119,600 $11,100 $108,500
2018 $4,417 $119,600 $11,100 $108,500
2017 $4,258 $119,600 $11,100 $108,500
2016 $4,114 $119,600 $11,100 $108,500
2015 $3,958 $119,600 $11,100 $108,500
2014 $3,709 $119,600 $11,100 $108,500
Source: Public Records

Map

New Jersey Essex County Newark 07107 Fairmount

40 S 8th St, Newark, NJ

This home is located at 40 S 8th St, Newark, NJ 07107 and is currently estimated at $390,853, approximately $250 per square foot. 40 S 8th St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Harriet Tubman 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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