NOT LISTED FOR SALE

40A N 7th St Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $385,861 - $553,000

-- Bed
-- Bath
1,272 Sq Ft
$355/Sq Ft Est. Value

About This Home

This home is located at 40A N 7th St, Newark, NJ 07107 and is currently estimated at $451,215, approximately $354 per square foot. 40A N 7th St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2020
Sold by
Ibrahim Shazeli
Bought by
Maynard Shonell
Current Estimated Value
$451,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Outstanding Balance
$1,413
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$434,154

Purchase Details

Closed on
Jun 16, 2015
Sold by
Newark City Of
Bought by
Ibrahim Shazeli

Purchase Details

Closed on
Nov 19, 2004
Sold by
40A 41 North 7Th Street Llc
Bought by
Acuna George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,100
Interest Rate
5.69%

Purchase Details

Closed on
Jun 25, 2003
Sold by
Alaska Seaboard Partners Lp
Bought by
40A 41 N 7Th Street Llc
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Maynard Shonell $285,000 Aston Title Group
Ibrahim Shazeli $25,000 --
Acuna George $138,000 --
40A 41 N 7Th Street Llc $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maynard Shonell $10,000
Open Maynard Shonell $279,837
Closed Maynard Shonell $10,000
Previous Owner Acuna George A $160,000
Previous Owner Acuna George $131,100
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 $7,132 $191,300 $18,800 $172,500
2022 $7,147 $191,300 $18,800 $172,500
2021 $2,659 $71,200 $18,800 $52,400
2020 $2,706 $71,200 $18,800 $52,400
2019 $2,678 $71,200 $18,800 $52,400
2018 $2,629 $71,200 $18,800 $52,400
2017 $2,535 $71,200 $18,800 $52,400
2016 $2,449 $71,200 $18,800 $52,400
2015 $2,356 $71,200 $18,800 $52,400
2014 -- $71,200 $18,800 $52,400
Source: Public Records

Map

New Jersey Essex County Newark 07107 Fairmount

40A N 7th St, Newark, NJ

This home is located at 40A N 7th St, Newark, NJ 07107 and is currently estimated at $451,215, approximately $354 per square foot. 40A N 7th St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary 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.

Nearby Homes