NOT LISTED FOR SALE

417 S 7th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $422,000 - $520,000

-- Bed
-- Bath
1,740 Sq Ft
$271/Sq Ft Est. Value

About This Home

This home is located at 417 S 7th St, Newark, NJ 07103 and is currently estimated at $472,016, approximately $271 per square foot. 417 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2023
Sold by
City Homes Usa Llc
Bought by
Phelps Terrence L
Current Estimated Value
$472,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,575
Outstanding Balance
$392,997
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$126,739

Purchase Details

Closed on
Apr 4, 2006
Sold by
Brooks Martin
Bought by
City Homes Usa

Purchase Details

Closed on
Mar 31, 2006
Sold by
The State Of New Jersey
Bought by
City Homes Usa Llc

Purchase Details

Closed on
Sep 15, 2000
Sold by
Metropolitan United Ministries
Bought by
Brooks Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
8%
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.

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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.

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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.

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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.

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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
Phelps Terrence L $418,500 Collegiate Title Corporation
City Homes Usa $172,000 First American Title Ins Co
City Homes Usa Llc -- None Available
Brooks Martin $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phelps Terrence L $397,575
Previous Owner Murrell Gregory $288,000
Previous Owner Brooks Martin $145,500
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 $4,474 $120,000 $16,900 $103,100
2022 $4,483 $120,000 $16,900 $103,100
2021 $4,481 $120,000 $16,900 $103,100
2020 $4,560 $120,000 $16,900 $103,100
2019 $4,957 $131,800 $16,900 $114,900
2018 $4,867 $131,800 $16,900 $114,900
2017 $4,692 $131,800 $16,900 $114,900
2016 $4,534 $131,800 $16,900 $114,900
2015 $4,361 $131,800 $16,900 $114,900
2014 $4,087 $131,800 $16,900 $114,900
Source: Public Records

Map

New Jersey Essex County Newark 07103 West Side

417 S 7th St, Newark, NJ

This home is located at 417 S 7th St, Newark, NJ 07103 and is currently estimated at $472,016, approximately $271 per square foot. 417 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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