NOT LISTED FOR SALE

497 7th Ave W Newark, NJ 07107

Lower Roseville Neighborhood

Estimated Value: $407,000 - $529,000

5 Beds
2 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold December 20, 2023

Last sale price $396,000

Est. 14% increase in value since last sale

Current estimated payment $2,765/month

38 Days on Market

About This Home

As of December 2023

This home is located at 497 7th Ave W, Newark, NJ 07107 since 18 August 2023 and is currently estimated at $449,769. This property was built in 1912. 497 7th Ave W is a home located in Essex County with nearby schools including Dr. William H. Horton School, First Avenue Elementary School, and Franklin School.

Last Buyer's Agent

Esther Guerra

DIAS & ASSOCIATES REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,574

Year Built

  • Built in 1912

Lot Details

  • 2,614 Sq Ft Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,574

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Year Built: 1912
  • County Name: Essex
  • Street Number Display: 497
  • I D: 5239902
  • Modified: 2024-12-21
  • Number Images: 0
  • Attribution Contact: 201-559-5770
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Dec 4, 2023
Sold by
Rod Properties Llc
Bought by
Peralta Celso Quisphi
Buyer's Agent
Esther Guerra
DIAS & ASSOCIATES REALTY
List Price
$399,000
Sold Price
$396,000
Premium/Discount to List
-$3,000
-0.75%
Views
354
Current Estimated Value
$449,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,769
Avg. Annual Appreciation
7.46%
Original Mortgage
$297,000
Outstanding Balance
$291,868
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$157,901

Purchase Details

Closed on
Jan 31, 2020
Sold by
Newark Property Owners 2
Bought by
Rod Properties Llc
Source: Public Records

Range of Values:

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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
Peralta Celso Quisphi $396,000 Fidelity National Title
Rod Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peralta Celso Quisphi $297,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $396,000 +4.5% --
09/25/2023 09/25/23 Pending -- -- --
09/08/2023 09/08/23 Price Changed $379,000 -5.0% --
08/18/2023 08/18/23 For Sale $399,000 -- --
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 $4,574 $202,700 $16,300 $186,400
2024 $4,574 $122,700 $16,300 $106,400
2022 $4,584 $122,700 $16,300 $106,400
2021 $4,582 $122,700 $16,300 $106,400
2020 $4,663 $122,700 $16,300 $106,400
2019 $4,615 $122,700 $16,300 $106,400
2018 $4,531 $122,700 $16,300 $106,400
2017 $4,368 $122,700 $16,300 $106,400
2016 $4,221 $122,700 $16,300 $106,400
2015 $4,060 $122,700 $16,300 $106,400
2014 $3,805 $122,700 $16,300 $106,400
Source: Public Records

Agents Affiliated with this Home

  • Esther Guerra

    Buyer's Agent in 2023

    Esther Guerra

    DIAS & ASSOCIATES REALTY

    (973) 592-4393

    1 in this area

    77 Total Sales

    Esther Guerra
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3860340

Garden State MLS

APN: 14-01923-0000-00035

New Jersey Essex County Newark 07017 Lower Roseville

497 7th Ave W, Newark, NJ

This home is located at 497 7th Ave W, Newark, NJ 07107 since 18 August 2023 and is currently estimated at $449,769. This property was built in 1912. 497 7th Ave W is a home located in Essex County with nearby schools including Dr. William H. Horton School, First Avenue Elementary School, and Franklin School.

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