This home is located at 438 S 7th St, Newark, NJ 07103 since 14 September 2012 and is currently estimated at $498,145. This property was built in 1997. 438 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
PATRICIA JOVER-GARCIA
BELLA VISTA REAL ESTATEBrokerage Phone: 201-432-1600Listed on: 09/14/2012
Last Buyer's Agent
PATRICIA JOVER-GARCIA
BELLA VISTA REAL ESTATEBrokerage Phone: 201-432-1600Listed on: 09/14/2012
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,283
Year Built
Built in 1997
Lot Details
2,614 Sq Ft Lot
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,283
Year Built
Built in 1997
Lot Details
0
Listing Details
Year Built: 1997
County Name: Essex
Street Number Display: 438
I D: 4184697
Modified: 2013-09-15
Number Images: 0
Attribution Contact: 201-432-1600
MLS Status: Sold
Special Features: None
Property Sub Type: MultiFamily
Lot Info
Lot Size: 25X100
Total Acres: 0.06
Ownership History
DateNameOwned ForOwner Type
Oct 2023 - PresentPatterson Tem Tope1 Year and 8 Months
Private Individual
Purchase Details
Closed on
Oct 26, 2023
Sold by
438 South 7Th Street Llc
Bought by
Patterson Tem Tope
Current Estimated Value
$498,145
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,100
Outstanding Balance
$375,295
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$157,921
Oct 2020 - Oct 2023438 South 7Th Street Llc3 Years
Company
Purchase Details
Closed on
Oct 8, 2020
Sold by
Adewumni Idayat
Bought by
438 South 7Th Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
2.9%
Mortgage Type
Commercial
Sep 2012 - Oct 2020Adewumni Idayat8 Years and 1 Month
Private Individual
Purchase Details
Listed on
Sep 14, 2012
Closed on
Sep 14, 2012
Sold by
Akinyele James
Bought by
Adewumni Idayat
Seller's Agent
PATRICIA JOVER-GARCIA
BELLA VISTA REAL ESTATE
Buyer's Agent
PATRICIA JOVER-GARCIA
BELLA VISTA REAL ESTATE
Sold Price
$100,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.00%
Original Mortgage
$98,188
Interest Rate
3.43%
Mortgage Type
FHA
Nov 1999 - Sep 2012Small Gladys12 Years and 10 Months
Private Individual
Purchase Details
Closed on
Nov 19, 1999
Sold by
Macedonia Ministries
Bought by
Small Gladys
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
This four-family property located in the bustling heart of Newark, New Jersey, offers a unique investment opportunity with substantial income potential. Each unit features two bedrooms and one bathroom, boasting spacious layouts and modern amenities. l. Conveniently situated near public transportation, local shops, and essential services, this property promises a steady rental market. The
CHRISTOPHER VELASTEGUIKeller Williams City Views Realty
Collateral Analytics
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ICE
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First American
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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
Patterson Tem Tope
$446,000
American Title
438 South 7Th Street Llc
--
American Title Abstract Corp
Adewumni Idayat
$100,000
Sheperd Title Agency
Small Gladys
$140,000
--
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
Patterson Tem Tope
$379,100
Previous Owner
438 South 7Th Street Llc
$208,000
Previous Owner
Adewumni Idayat
$98,188
Previous Owner
Akinyele James
$272,000
Previous Owner
Akinyele James
$234,000
Previous Owner
Akinyele Jams
$13,000
Previous Owner
Small Gladys
$139,850
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
09/14/201209/14/12
Sold
$100,000
--
--
Source: Garden State MLS
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 438 S 7th St, Newark, NJ 07103 since 14 September 2012 and is currently estimated at $498,145. This property was built in 1997. 438 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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