NOT LISTED FOR SALE

403 S 8th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $550,548 - $636,000

-- Bed
-- Bath
-- Sq Ft
41 Sq Ft Lot

Last Sold January 27, 2021

Last sale price $345,000

Est. 74% increase in value since last sale

Current estimated payment $3,760/month

76 Days on Market

About This Home

As of January 2021

This home is located at 403 S 8th St, Newark, NJ 07103 since 12 August 2020 and is currently estimated at $600,387. 403 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

BLOSSOM VERNON

BHHS JORDAN BARIS REALTY Brokerage Phone: 973-763-7700 Listed on: 08/12/2020

Last Buyer's Agent

Krya Harrison

NORTH STAR ELITE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,872

Lot Details

  • 41 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,872

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 403
  • I D: 5007430
  • Modified: 2022-01-28
  • Number Images: 1
  • Attribution Contact: 973-763-7700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 41.60X100
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Jan 27, 2021
Sold by
Pmg 403 Llc
Bought by
Harrison Rodney
Seller's Agent
BLOSSOM VERNON
BHHS JORDAN BARIS REALTY
Buyer's Agent
Krya Harrison
NORTH STAR ELITE REALTY
List Price
$369,000
Sold Price
$345,000
Premium/Discount to List
-$24,000
-6.5%
Current Estimated Value
$600,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,387
Avg. Annual Appreciation
12.12%
Original Mortgage
$338,751
Outstanding Balance
$303,408
Interest Rate
2.65%
Mortgage Type
FHA
Estimated Equity
$279,215

Purchase Details

Closed on
Sep 27, 2019
Sold by
Schneid Family Foundation
Bought by
Pmg 403 Llc

Purchase Details

Closed on
Aug 14, 2019
Sold by
Zambrano Natalio and Zambrano Leonor
Bought by
Schmid Family Foundation

Purchase Details

Closed on
Nov 22, 1994
Sold by
Jp Affordable
Bought by
Zambrano Natalio and Zambrano Lenor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
9%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Harrison Rodney $345,000 Trident Abstract Ttl Agcy Ll
Pmg 403 Llc $133,000 Belmont Title & Settlement S
Schmid Family Foundation -- New Title Company Name
Zambrano Natalio $78,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrison Rodney $61,194
Open Harrison Rodney $338,751
Previous Owner Pmg 403 Llc $249,000
Previous Owner Zambrano Natalio $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $345,000 -6.5% --
10/27/2020 10/27/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $369,000 -- --
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 $5,872 $157,500 $33,400 $124,100
2024 $5,872 $157,500 $33,400 $124,100
2022 $9,826 $263,000 $33,400 $229,600
2021 $5,877 $157,400 $33,400 $124,000
2020 $5,981 $157,400 $33,400 $124,000
2019 $5,920 $157,400 $33,400 $124,000
2018 $5,813 $157,400 $33,400 $124,000
2017 $5,603 $157,400 $33,400 $124,000
2016 $5,415 $157,400 $33,400 $124,000
2015 $5,208 $157,400 $33,400 $124,000
2014 $4,881 $157,400 $33,400 $124,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    BLOSSOM VERNON

    BHHS JORDAN BARIS REALTY

  • Krya Harrison

    Buyer's Agent in 2021

    Krya Harrison

    NORTH STAR ELITE REALTY

    (908) 267-8169

    3 in this area

    44 Total Sales

    Krya Harrison
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Map

Source: Garden State MLS

MLS Number: 3655872

Garden State MLS

APN: 14-00290-0000-00020-01

New Jersey Essex County Newark 07103 West Side

403 S 8th St, Newark, NJ

This home is located at 403 S 8th St, Newark, NJ 07103 since 12 August 2020 and is currently estimated at $600,387. 403 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.

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