NOT LISTED FOR SALE

401 S 8th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $811,701

-- Bed
5 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold October 14, 2022

Last sale price $650,000

Est. 25% increase in value since last sale

Current estimated payment $4,520/month

87 Days on Market

About This Home

As of October 2022

This home is located at 401 S 8th St, Newark, NJ 07103 since 25 February 2022 and is currently estimated at $811,701. 401 S 8th St is a home located in Essex County with nearby schools including Harriet Tubman School, Camden Street Elementary School, and Cleveland Elementary School.

Last Agent to Sell the Property

MIMI YENG-DUARTE

MYD REALTY LLC Brokerage Phone: 908-664-1500 Listed on: 02/25/2022

Last Buyer's Agent

OLUFUNKE S AGIDI

KELLER WILLIAMS REALTY

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 401
  • I D: 5131895
  • Modified: 2023-10-15
  • Number Images: 1
  • Attribution Contact: 908-664-1500
  • 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
Feb 25, 2022
Closed on
Sep 29, 2022
Sold by
Borges Niceia
Bought by
Adeyemi Olufunmilayo Olayin
Seller's Agent
MIMI YENG-DUARTE
MYD REALTY LLC
Buyer's Agent
OLUFUNKE S AGIDI
KELLER WILLIAMS REALTY
List Price
$625,000
Sold Price
$650,000
Premium/Discount to List
$25,000
4%
Current Estimated Value
$811,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,701
Avg. Annual Appreciation
6.60%
Original Mortgage
$595,237
Outstanding Balance
$575,919
Interest Rate
6.7%
Mortgage Type
FHA
Estimated Equity
$205,016

Purchase Details

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

Range of Values:

Collateral Analytics

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ICE

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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
Adeyemi Olufunmilayo Olayin $650,000 --
Borges Niceia $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adeyemi Olufunmilayo Olayin $595,237
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $650,000 +4.0% --
05/23/2022 05/23/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $625,000 -- --
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 -- $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

Agents Affiliated with this Home

  • MIMI YENG-DUARTE

    Seller's Agent in 2022

    MIMI YENG-DUARTE

    MYD REALTY LLC

    (201) 884-0077

    3 in this area

    40 Total Sales

    MIMI YENG-DUARTE
    Section Image

  • O

    Buyer's Agent in 2022

    OLUFUNKE S AGIDI

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3765934

Garden State MLS

APN: 14-00290-0000-00019

New Jersey Essex County Newark 07103 West Side

401 S 8th St, Newark, NJ

This home is located at 401 S 8th St, Newark, NJ 07103 since 25 February 2022 and is currently estimated at $811,701. 401 S 8th St is a home located in Essex County with nearby schools including Harriet Tubman School, Camden Street Elementary School, and Cleveland 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.

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