NOT LISTED FOR SALE

580 N 7th St Newark, NJ 07107

Upper Roseville Neighborhood

Estimated Value: $439,000 - $563,000

-- Bed
-- Bath
-- Sq Ft
2,483 Sq Ft Lot

Last Sold June 02, 2021

Last sale price $290,000

Est. 76% increase in value since last sale

Current estimated payment $3,284/month

32 Days on Market

About This Home

As of June 2021

This home is located at 580 N 7th St, Newark, NJ 07107 since 12 November 2020 and is currently estimated at $509,303. This property was built in 1899. 580 N 7th St is a home located in Essex County with nearby schools including First Avenue Elementary School, Dr. William H. Horton Elementary School, and Ridge Street Elementary School.

Last Agent to Sell the Property

Wensley J. Arrieta

WEICHERT REALTORS - HOME CITY Brokerage Phone: 973-741-3000 Listed on: 11/12/2020

Last Buyer's Agent

JOHN SUMBA

WEICHERT REALTORS - HOME CITY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,106

Year Built

  • Built in 1899

Lot Details

  • 2,483

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,106

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Year Built: 1899
  • County Name: Essex
  • Street Number Display: 580
  • I D: 5030782
  • Modified: 2022-06-03
  • Number Images: 1
  • Attribution Contact: 973-741-3000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2022
Sold by
Future Investors Llc
Bought by
Saquinaula Jose A
Current Estimated Value
$509,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$261,888
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$247,462

Purchase Details

Listed on
Nov 12, 2020
Closed on
May 28, 2021
Sold by
Steinbrick Michael R and Steinbrick Charles T
Bought by
Future Investors Llc
Seller's Agent
Wensley J. Arrieta
WEICHERT REALTORS - HOME CITY
Buyer's Agent
JOHN SUMBA
WEICHERT REALTORS - HOME CITY
List Price
$269,000
Sold Price
$290,000
Premium/Discount to List
$21,000
7.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.24%
Original Mortgage
$196,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 22, 1987
Bought by
Steinbrick Michael and Steinbrick Charles
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Saquinaula Jose A $400,000 Stewart Title
Future Investors Llc $290,000 Elite Title Group Llc
Steinbrick Michael $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saquinaula Jose A $280,000
Previous Owner Future Investors Llc $196,000
Previous Owner Future Investors Llc $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2021 06/02/21 Sold $290,000 +7.8% --
12/14/2020 12/14/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $269,000 -- --
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 $6,106 $163,800 $45,100 $118,700
2024 $6,106 $163,800 $45,100 $118,700
2023 $4,984 $163,800 $45,100 $118,700
2022 $4,984 $133,400 $45,100 $88,300
2021 $4,981 $133,400 $45,100 $88,300
2020 $5,069 $133,400 $45,100 $88,300
2019 $5,017 $133,400 $45,100 $88,300
2018 $4,926 $133,400 $45,100 $88,300
2017 $4,749 $133,400 $45,100 $88,300
2016 $4,589 $133,400 $45,100 $88,300
2015 $4,414 $133,400 $45,100 $88,300
2014 $4,137 $133,400 $45,100 $88,300
Source: Public Records

Agents Affiliated with this Home

  • Wensley J. Arrieta

    Seller's Agent in 2021

    Wensley J. Arrieta

    WEICHERT REALTORS - HOME CITY

    (973) 902-2901

    1 in this area

    7 Total Sales

    Wensley J. Arrieta
    Section Image

  • J

    Buyer's Agent in 2021

    JOHN SUMBA

    WEICHERT REALTORS - HOME CITY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3678456

Garden State MLS

APN: 14-00593-0000-00003

New Jersey Essex County Newark 07107 Upper Roseville

580 N 7th St, Newark, NJ

This home is located at 580 N 7th St, Newark, NJ 07107 since 12 November 2020 and is currently estimated at $509,303. This property was built in 1899. 580 N 7th St is a home located in Essex County with nearby schools including First Avenue Elementary School, Dr. William H. Horton Elementary School, and Ridge Street Elementary School.

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