NOT LISTED FOR SALE

401 S 8th St Unit 2 Newark, NJ 07103

West Side Neighborhood

Estimated Value: $837,649

3 Beds
2 Baths
3,341 Sq Ft
$251/Sq Ft Est. Value

About This Home

This home is located at 401 S 8th St Unit 2, Newark, NJ 07103 and is currently estimated at $837,649, approximately $250 per square foot. 401 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
Sep 29, 2022
Sold by
Borges Niceia
Bought by
Adeyemi Olufunmilayo Olayin
Current Estimated Value
$837,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,237
Outstanding Balance
$575,294
Interest Rate
6.7%
Mortgage Type
FHA
Estimated Equity
$262,355

Purchase Details

Closed on
Dec 16, 2005
Sold by
Harris Alberta
Bought by
Borges Niceia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Adeyemi Olufunmilayo Olayin $650,000 None Listed On Document
Borges Niceia $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adeyemi Olufunmilayo Olayin $595,237
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 -- $409,600 $31,300 $378,300
2024 -- $409,600 $31,300 $378,300
2023 $1,169 $409,600 $31,300 $378,300
2022 $1,169 $31,300 $31,300 $0
2021 $1,169 $31,300 $31,300 $0
2020 $1,189 $31,300 $31,300 $0
2019 $1,177 $31,300 $31,300 $0
2018 $1,156 $31,300 $31,300 $0
2017 $1,114 $31,300 $31,300 $0
2016 $1,077 $31,300 $31,300 $0
2015 $1,036 $31,300 $31,300 $0
2014 $971 $31,300 $31,300 $0
Source: Public Records

Map

New Jersey Essex County Newark 07103 West Side

401 S 8th St Unit 2, Newark, NJ

Not Listed for Sale

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