NOT LISTED FOR SALE

405 S 8th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $574,224 - $637,000

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

Last Sold March 31, 2021

Last sale price $358,000

Est. 68% increase in value since last sale

Current estimated payment $4,101/month

27 Days on Market

About This Home

As of March 2021

This home is located at 405 S 8th St, Newark, NJ 07103 since 21 January 2021 and is currently estimated at $601,306. This property was built in 1994. 405 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

Suselle Salermo

RE/MAX FIRST REALTY II Brokerage Phone: 908-664-1500 Listed on: 01/21/2021

RE/MAX FIRST REALTY II

Last Buyer's Agent

Suselle Salermo

RE/MAX FIRST REALTY II Brokerage Phone: 908-664-1500 Listed on: 01/21/2021

RE/MAX FIRST REALTY II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,905

Year Built

  • Built in 1994

Lot Details

  • 41 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,905

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Year Built: 1994
  • County Name: Essex
  • Street Number Display: 405
  • I D: 5042927
  • Modified: 2022-04-01
  • Number Images: 1
  • Attribution Contact: 908-664-1500
  • 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

Closed on
Nov 9, 2021
Sold by
Yan Chieh Liu
Bought by
Jadestone Management Llc
Current Estimated Value
$601,306

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 26, 2021
Sold by
Ouedraogo Bintou
Bought by
Liu Yan-Chieh
Seller's Agent
Suselle Salermo
RE/MAX FIRST REALTY II
Buyer's Agent
Suselle Salermo
RE/MAX FIRST REALTY II
List Price
$350,000
Sold Price
$358,000
Premium/Discount to List
$8,000
2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%
Original Mortgage
$268,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 1994
Sold by
Jp Affordable
Bought by
Hollist Victoria

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:

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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
Jadestone Management Llc -- Fidelity National Ttl Ins Co
Liu Yan-Chieh $358,000 Foundation Title
Liu Yan-Chieh $358,000 Foundation Title
Hollist Victoria $78,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liu Yan-Chieh $268,500
Previous Owner Hollist Victoria O $134,600
Previous Owner Hollist Victoria $119,000
Previous Owner Hollist Victoria $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $358,000 +2.3% --
02/17/2021 02/17/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $350,000 +128.8% --
02/23/2018 02/23/18 Sold $153,000 -12.6% --
11/08/2017 11/08/17 Pending -- -- --
09/26/2017 09/26/17 For Sale $175,000 -- --
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 $9,905 $265,700 $33,400 $232,300
2024 $9,905 $265,700 $33,400 $232,300
2022 $9,927 $265,700 $33,400 $232,300
2021 $5,810 $155,600 $33,400 $122,200
2020 $5,913 $155,600 $33,400 $122,200
2019 $5,262 $139,900 $33,400 $106,500
2018 $5,167 $139,900 $33,400 $106,500
2017 $4,980 $139,900 $33,400 $106,500
2016 $4,813 $139,900 $33,400 $106,500
2015 $4,629 $139,900 $33,400 $106,500
2014 $4,959 $159,900 $33,400 $126,500
Source: Public Records

Agents Affiliated with this Home

  • Suselle Salermo

    Seller's Agent in 2021

    Suselle Salermo

    RE/MAX

    (908) 418-0577

    2 in this area

    261 Total Sales

    Suselle Salermo
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3688303

Garden State MLS

APN: 14-00290-0000-00020-02

New Jersey Essex County Newark 07103 West Side

405 S 8th St, Newark, NJ

This home is located at 405 S 8th St, Newark, NJ 07103 since 21 January 2021 and is currently estimated at $601,306. This property was built in 1994. 405 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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