NOT LISTED FOR SALE

418 S 7th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $538,271 - $709,000

-- Bed
-- Bath
2,292 Sq Ft
$268/Sq Ft Est. Value

Last Sold July 24, 2019

Last sale price $320,000 $140 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,923/month

37 Days on Market

About This Home

As of July 2019

This home is located at 418 S 7th St, Newark, NJ 07103 since 23 February 2019 and is currently estimated at $615,068, approximately $268 per square foot. 418 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.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,944

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,944

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 418
  • I D: 4873047
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 866-201-6210
  • 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
May 1, 2014
Sold by
Essex Property Management Group Llc
Bought by
James Hassan
Current Estimated Value
$615,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 2013
Sold by
Essex Management Group Ll C
Bought by
Essex Property Management Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.22%

Purchase Details

Closed on
Jun 9, 2010
Sold by
East Coast Properties I Llc
Bought by
Essex Management Group Llc

Purchase Details

Closed on
Jul 30, 2009
Sold by
Bank Of New York
Bought by
East Coast Properties I Llc

Purchase Details

Closed on
May 31, 2007
Sold by
Charles Irwin
Bought by
Bank Of New York

Purchase Details

Closed on
Dec 30, 2004
Sold by
Holder Aubrey
Bought by
Charles Irwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
8.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 18, 1998
Sold by
Wiltshire Cecilia
Bought by
Holder Wiltshire C and Holder Abrey

Purchase Details

Closed on
Aug 12, 1987
Sold by
Davis James C and Davis Eleanor
Bought by
Wiltshire Cecilia
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
James Hassan -- None Available
Essex Property Management Group Llc $75,000 --
Essex Management Group Llc $150,000 None Available
East Coast Properties I Llc $19,500 None Available
Bank Of New York -- First American Title Ins Co
Charles Irwin $225,000 --
Holder Wiltshire C $12,500 --
Wiltshire Cecilia $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Hassan $265,109
Previous Owner Essex Property Management Group Llc --
Previous Owner Charles Irwin $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2019 07/24/19 Sold $320,000 -7.2% $140 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
02/23/2019 02/23/19 For Sale $345,000 -- $151 / 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 $7,944 $213,100 $31,300 $181,800
2024 $7,944 $213,100 $31,300 $181,800
2022 $7,961 $213,100 $31,300 $181,800
2021 $7,957 $213,100 $31,300 $181,800
2020 $8,098 $213,100 $31,300 $181,800
2019 $6,973 $185,400 $31,300 $154,100
2018 $6,847 $185,400 $31,300 $154,100
2017 $6,600 $185,400 $31,300 $154,100
2016 $5,562 $161,700 $31,300 $130,400
2015 $5,351 $161,700 $31,300 $130,400
2014 $5,014 $161,700 $31,300 $130,400
Source: Public Records

Map

Source: Garden State MLS

MLS Number: 3534059

Garden State MLS

APN: 14-00301-0000-00028

New Jersey Essex County Newark 07103 West Side

418 S 7th St, Newark, NJ

This home is located at 418 S 7th St, Newark, NJ 07103 since 23 February 2019 and is currently estimated at $615,068, approximately $268 per square foot. 418 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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