NOT LISTED FOR SALE

55 S 7th St Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $469,824 - $707,000

-- Bed
-- Bath
-- Sq Ft
26 Sq Ft Lot

Last Sold March 30, 2015

Last sale price $84,000

Est. 606% increase in value since last sale

Current estimated payment $3,328/month

About This Home

As of March 2015

This home is located at 55 S 7th St, Newark, NJ 07107 since 30 March 2015 and is currently estimated at $592,706. 55 S 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.

Last Agent to Sell the Property

LARRY SHARPE

SHARPE REALTY INC./MAPLEWOOD Listed on: 03/30/2015

Last Buyer's Agent

LARRY SHARPE

SHARPE REALTY INC./MAPLEWOOD Listed on: 03/30/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,490

Lot Details

  • 26 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,490

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 4497227
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 26.6X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2023
Sold by
Mho Bsd Capital De 3 Llc
Bought by
A & T Green Llc
Current Estimated Value
$592,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Outstanding Balance
$581,673
Interest Rate
7.5%
Mortgage Type
Construction
Estimated Equity
$11,033

Purchase Details

Closed on
Nov 13, 2019
Sold by
Corner 20 Capital Llc
Bought by
Mho Bsd Capital De 3 Llc

Purchase Details

Closed on
Jun 8, 2015
Sold by
Urban Capital Develo
Bought by
Corner 20 Capital Llc

Purchase Details

Listed on
Mar 30, 2015
Closed on
Mar 30, 2015
Sold by
Fannie Mae
Bought by
Urban Capital Develo
Seller's Agent
LARRY SHARPE
SHARPE REALTY INC./MAPLEWOOD
Buyer's Agent
LARRY SHARPE
SHARPE REALTY INC./MAPLEWOOD
Sold Price
$84,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.08%

Purchase Details

Closed on
Oct 24, 2014
Sold by
Sheriff Armando Fontoura
Bought by
Federal National Mor

Purchase Details

Closed on
Nov 12, 2002
Sold by
Cadogan Rudverst
Bought by
Nwabueze Wokie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6.19%

Purchase Details

Closed on
Mar 31, 2000
Sold by
Herns Realty
Bought by
Cadogan Rudverst

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,855
Interest Rate
8.3%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 1998
Sold by
Bank Of New York
Bought by
Herns Realty

Purchase Details

Closed on
Jul 27, 1994
Sold by
Federal National Mortgage Association
Bought by
Wright Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
8.44%

Purchase Details

Closed on
Dec 15, 1988
Sold by
Kearny Philip C and Kearny Annette
Bought by
Williams Alvin and Williams Claudette
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
A & T Green Llc $740,000 None Listed On Document
Mho Bsd Capital De 3 Llc -- Madison Title Agency, Llc
Corner 20 Capital Llc -- --
Urban Capital Develo $84,000 --
Federal National Mor $100 --
Federal National Mor $100 --
Nwabueze Wokie $158,000 --
Cadogan Rudverst $140,000 --
Herns Realty $1,829 --
Wright Adrian $30,000 --
Williams Alvin $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A & T Green Llc $592,000
Previous Owner Nwabueze Wokie $126,400
Previous Owner Cadogan Rudverst $138,855
Previous Owner Wright Adrian $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2015 03/30/15 Sold $84,000 -- --
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 $2,490 $66,800 $31,400 $35,400
2024 $2,490 $66,800 $31,400 $35,400
2022 $2,496 $66,800 $31,400 $35,400
2021 $2,494 $66,800 $31,400 $35,400
2020 $2,538 $66,800 $31,400 $35,400
2019 $2,512 $66,800 $31,400 $35,400
2018 $2,467 $66,800 $31,400 $35,400
2017 $2,378 $66,800 $31,400 $35,400
2016 $2,298 $66,800 $31,400 $35,400
2015 $2,210 $66,800 $31,400 $35,400
2014 $2,071 $66,800 $31,400 $35,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    LARRY SHARPE

    SHARPE REALTY INC./MAPLEWOOD

See All Agents

Map

Source: Garden State MLS

MLS Number: 3187718

Garden State MLS

APN: 14-01829-0000-00019

New Jersey Essex County Newark 07107 Fairmount

55 S 7th St, Newark, NJ

Not Listed for Sale

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