NOT LISTED FOR SALE

5 N 7th St Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $454,833 - $783,000

1 Bed
1 Bath
3,070 Sq Ft
$193/Sq Ft Est. Value

Last Sold July 02, 2012

Last sale price $65,000 $21 Per Sq Ft

Est. 813% increase in value since last sale

Current estimated payment $3,694/month

About This Home

As of July 2012

Nice and cozy one bedroom apartment, newly renovated. Close to downtown Newark shopping area, restaurants, NJ PAC and Prudential Center. Easy access to public transportation and Newark Penn Station. Minutes away from Newark Airport and Rutgers University.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2013
Sold by
Five North Seven Llc
Bought by
Davis Harold
Current Estimated Value
$593,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,841
Outstanding Balance
$246,641
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 2, 2012
Closed on
Jul 2, 2012
Sold by
Banks Francis
Bought by
Five North Seven Llc
Seller's Agent
BARBARA LUCAS
WORLDWIDE REALTY LLC
Buyer's Agent
BARBARA LUCAS
WORLDWIDE REALTY LLC
Sold Price
$65,000

Purchase Details

Closed on
May 19, 1995
Sold by
Met United Ministries
Bought by
Dais Norman and Dais Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.34%
Mortgage Type
FHA

Range of Values:

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
Davis Harold $340,000 --
Davis Harold $340,000 --
Davis Harold $340,000 --
Five North Seven Llc $65,000 Quick Title Search Llc
Dais Norman $93,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Harold $333,841
Previous Owner Banks Francis $150,000
Previous Owner Dais Norman $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Rented $1,200 0.0% --
02/07/2023 02/07/23 For Rent $1,200 0.0% --
07/02/2012 07/02/12 Sold $65,000 -- --

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 $4,846 $130,000 $20,200 $109,800
2022 $4,857 $130,000 $20,200 $109,800
2021 $4,854 $130,000 $20,200 $109,800
2020 $4,940 $130,000 $20,200 $109,800
2019 $4,889 $130,000 $20,200 $109,800
2018 $4,801 $130,000 $20,200 $109,800
2017 $4,628 $130,000 $20,200 $109,800
2016 $4,472 $130,000 $20,200 $109,800
2015 $4,302 $130,000 $20,200 $109,800
2014 $4,031 $130,000 $20,200 $109,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Aneesah Jackson

    KELLER WILLIAMS ELITE REALTORS

    (973) 760-7414

    18 Total Sales

    Aneesah Jackson
    Section Image

  • B

    Seller's Agent in 2012

    BARBARA LUCAS

    WORLDWIDE REALTY LLC

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Map

New Jersey Essex County Newark 07107 Fairmount

5 N 7th St, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 5 N 7th St, Newark, NJ 07107 and is currently estimated at $593,458, approximately $193 per square foot. 5 N 7th St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.