NOT LISTED FOR SALE

416 S 7th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $384,000 - $732,000

-- Bed
-- Bath
3,000 Sq Ft
$201/Sq Ft Est. Value

Last Sold January 03, 2012

Last sale price $290,000 $97 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,866/month

About This Home

As of January 2012

This home is located at 416 S 7th St, Newark, NJ 07103 since 03 January 2012 and is currently estimated at $604,415, approximately $201 per square foot. 416 S 7th 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

UCHE IHE

NEXT PHASE REALTY LLC Listed on: 01/03/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,933

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,933

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 416
  • I D: 4188847
  • Modified: 2013-01-04
  • Number Images: 0
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X99.10
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2022
Sold by
Chana Friedman
Bought by
234 North 5St Llc
Current Estimated Value
$604,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,792,500
Outstanding Balance
$1,705,570
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
-$1,101,155

Purchase Details

Closed on
Dec 17, 2020
Sold by
416 S 7 Holdings Llc
Bought by
Friedman Chana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2020
Sold by
Velasquez Raquel and Lopez Alejandra
Bought by
First Guaranty Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,900
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2017
Sold by
Nyc Property Solutions Llc
Bought by
Velasquez Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,482
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 2014
Sold by
Morgan Dean
Bought by
Nyc Property Solutonllc

Purchase Details

Listed on
Jan 3, 2012
Closed on
Jan 3, 2012
Sold by
309 Sanford Llc and Friedlander Moshe
Bought by
Morgan Dean A
Seller's Agent
UCHE IHE
NEXT PHASE REALTY LLC
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$282,648
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
309 Sanford Llc

Purchase Details

Closed on
Nov 10, 2010
Sold by
Abdullah Swiyaa
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 30, 2006
Sold by
Boynton Laverne
Bought by
Abdullah Swiyaa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
11.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 10, 1989
Sold by
Jack Littleton
Bought by
Boynton Boynton L and Boynton Crawford,C
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
234 North 5St Llc -- None Listed On Document
Friedman Chana -- Meister Abstract Corp
First Guaranty Mortgage Corporation $341,000 Dekel Abstract Llc
Velasquez Raquel $350,000 Prestige Title
Nyc Property Solutonllc $85,000 --
Nyc Property Solutonllc $85,000 --
Morgan Dean A $290,000 Old Republic National Title
309 Sanford Llc $25,000 Quick Title Search Llc
Deutsche Bank National Trust Company -- None Available
Abdullah Swiyaa $310,000 --
Boynton Boynton L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 234 North 5St Llc $1,792,500
Previous Owner Friedman Chana $313,500
Previous Owner First Guaranty Mortgage Corporation $306,900
Previous Owner Velasquez Raquel $343,482
Previous Owner Morgan Dean A $282,648
Previous Owner Abdullah Swiyaa $294,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2012 01/03/12 Sold $290,000 -- $97 / Sq Ft
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 $7,933 $212,800 $31,300 $181,500
2024 $7,933 $212,800 $31,300 $181,500
2022 $7,950 $212,800 $31,300 $181,500
2021 $7,946 $212,800 $31,300 $181,500
2020 $8,086 $212,800 $31,300 $181,500
2019 $8,003 $212,800 $31,300 $181,500
2018 $7,859 $212,800 $31,300 $181,500
2017 $7,576 $212,800 $31,300 $181,500
2016 $7,320 $212,800 $31,300 $181,500
2015 $7,042 $212,800 $31,300 $181,500
2014 $6,599 $212,800 $31,300 $181,500
Source: Public Records

Agents Affiliated with this Home

  • U

    Seller's Agent in 2012

    UCHE IHE

    NEXT PHASE REALTY LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 2899529

Garden State MLS

APN: 14-00301-0000-00029

New Jersey Essex County Newark 07103 West Side

416 S 7th St, Newark, NJ

This home is located at 416 S 7th St, Newark, NJ 07103 since 03 January 2012 and is currently estimated at $604,415, approximately $201 per square foot. 416 S 7th 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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