57 N 7th St Newark, NJ 07107
Fairmount NeighborhoodEstimated Value: $592,000 - $714,000
7
Beds
4
Baths
--
Sq Ft
2,178
Sq Ft Lot
About This Home
As of November 2021This home is located at 57 N 7th St, Newark, NJ 07107 since 30 August 2021 and is currently estimated at $650,622. This property was built in 1887. 57 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.
Last Agent to Sell the Property
JASAN THOMPSON
COLDWELL BANKER REALTY Brokerage Phone: 973-226-2577 Listed on: 08/30/2021
Last Buyer's Agent
HALANE OHAYON
WEICHERT REALTORS
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,835
Year Built
- Built in 1887
Lot Details
- 2,178 Sq Ft Lot
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2021
Closed on
Nov 3, 2021
Sold by
Jumah Kwabena
Bought by
Hunter Arshen
Seller's Agent
JASAN THOMPSON
COLDWELL BANKER REALTY
Buyer's Agent
HALANE OHAYON
WEICHERT REALTORS
List Price
$410,000
Sold Price
$410,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,622
Avg. Annual Appreciation
13.57%
Original Mortgage
$486,034
Outstanding Balance
$450,016
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$200,607
Purchase Details
Closed on
Oct 18, 2006
Sold by
Osborne Jeffrey
Bought by
Jumah Kwabena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.4%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 8, 1997
Sold by
World Impact Serv
Bought by
Osborne Jeffery
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
7.88%
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Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hunter Arshen | $410,000 | State Title Services Llc | |
| Jumah Kwabena | $280,000 | -- | |
| Osborne Jeffery | $82,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hunter Arshen | $13,775 | |
| Open | Hunter Arshen | $27,980 | |
| Open | Hunter Arshen | $486,034 | |
| Closed | Hunter Arshen | $486,034 | |
| Previous Owner | Jumah Kwabena | $319,157 | |
| Previous Owner | Jumah Kwabena | $330,915 | |
| Previous Owner | Jumah Kwabena | $326,025 | |
| Previous Owner | Jumah Kwabena | $224,000 | |
| Previous Owner | Osborne Jeffery | $83,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/03/2021 11/03/21 | Sold | $410,000 | 0.0% | -- |
| 09/15/2021 09/15/21 | Pending | -- | -- | -- |
| 08/30/2021 08/30/21 | For Sale | $410,000 | -- | -- |
Source: Garden State MLS
Tax History Compared to Growth
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 | $8,835 | $237,000 | $20,500 | $216,500 |
| 2022 | $5,369 | $143,700 | $20,500 | $123,200 |
| 2021 | $5,366 | $143,700 | $20,500 | $123,200 |
| 2020 | $5,461 | $143,700 | $20,500 | $123,200 |
| 2019 | $5,405 | $143,700 | $20,500 | $123,200 |
| 2018 | $5,307 | $143,700 | $20,500 | $123,200 |
| 2017 | $5,116 | $143,700 | $20,500 | $123,200 |
| 2016 | $4,943 | $143,700 | $20,500 | $123,200 |
| 2015 | $4,755 | $143,700 | $20,500 | $123,200 |
| 2014 | $4,456 | $143,700 | $20,500 | $123,200 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2021
JASAN THOMPSON
COLDWELL BANKER REALTY
-
H
Buyer's Agent in 2021
HALANE OHAYON
WEICHERT REALTORS
Map
Source: Garden State MLS
MLS Number: 3737945
APN: 14-01888-0000-00041
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