$520,000
SOLD FEB 6, 2020
-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Recently Sold

1% Below List Price

122 Days on Market

About This Home

As of February 2020

This home is located at 656 N 8th St, Newark, NJ 07107 and is currently priced at $520,000. 656 N 8th 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

WILSON MERCHAN

MERCHAN TEAM REALTY LLC. Brokerage Phone: 973-783-7400 Listed on: 06/03/2019

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 656
  • I D: 4903366
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-783-7400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2009
Sold by
Morgado Alvaro J
Bought by
Morgado Lauren Ilda
Current Estimated Value
$812,019

Purchase Details

Closed on
Jun 18, 2007
Sold by
Jfp Estates Llc
Bought by
Morgado Alvaro J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Average Value
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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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Deed $35,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,000 New Conventional
Closed $510,988 FHA
Previous Owner $34,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2020 02/06/20 Sold $520,000 -1.0% --
10/03/2019 10/03/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $525,000 +356.5% --
01/18/2018 01/18/18 Sold $115,000 -10.9% --
01/16/2018 01/16/18 Pending -- -- --
10/25/2017 10/25/17 For Sale $129,000 -- --
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 -- $374,300 $47,500 $326,800
2024 -- $374,300 $47,500 $326,800
2022 -- $374,300 $47,500 $326,800
2021 $0 $374,300 $47,500 $326,800
2020 $14,223 $47,500 $47,500 $0
2019 $1,786 $47,500 $47,500 $0
2018 $1,754 $47,500 $47,500 $0
2017 $1,691 $47,500 $47,500 $0
2016 $1,634 $47,500 $47,500 $0
2015 $1,572 $47,500 $47,500 $0
2014 $1,473 $47,500 $47,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3562228

Garden State MLS

APN: 14-00697-0000-00028