NOT LISTED FOR SALE

Estimated Value: $624,441 - $707,000

-- Bed
-- Bath
-- Sq Ft
3,485 Sq Ft Lot

Last Sold August 18, 2020

Last sale price $385,000

Est. 73% increase in value since last sale

Current estimated payment $4,558/month

19 Days on Market

About This Home

As of August 2020

This home is located at 687 N 8th St, Newark, NJ 07107 since 23 April 2020 and is currently estimated at $680,860. This property was built in 1912. 687 N 8th St is a home located in Essex County with nearby schools including First Avenue Elementary School, Ridge Street Elementary School, and Dr. William H. Horton Elementary School.

Last Agent to Sell the Property

Jorge Velasquez

RE/MAX PROFESSIONALS I Brokerage Phone: 973-450-4000 Listed on: 04/23/2020

Last Buyer's Agent

Jeffrey Brutus

MONOPOLY MARC REALTY LLC

MONOPOLY MARC REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,427

Year Built

  • Built in 1912

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,427

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Year Built: 1912
  • County Name: Essex
  • Street Number Display: 687
  • I D: 4975884
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-450-4000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X137.6
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
Aug 14, 2020
Sold by
Ng Shaw and Ng Helen
Bought by
Fernandez Vega Jonathan and Colon Junellie
Seller's Agent
Jorge Velasquez
RE/MAX PROFESSIONALS I
Buyer's Agent
Jeffrey Brutus
MONOPOLY MARC REALTY LLC
List Price
$389,900
Sold Price
$385,000
Premium/Discount to List
-$4,900
-1.26%
Current Estimated Value
$666,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,719
Avg. Annual Appreciation
12.21%
Original Mortgage
$368,207
Outstanding Balance
$327,500
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$353,360

Purchase Details

Listed on
Mar 31, 2014
Closed on
Mar 31, 2014
Bought by
Ng Shaw
Seller's Agent
Jorge Velasquez
RE/MAX PROFESSIONALS I
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.65%
Original Mortgage
$127,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2007
Sold by
Vega Klever
Bought by
Cordero Felix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2004
Sold by
Rivera Jose
Bought by
Vega Klever and Vega Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Interest Rate
6.25%

Purchase Details

Closed on
Oct 5, 2001
Sold by
Zambrana Madelin
Bought by
Rivera Jose and Rivera Liduvina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,050
Interest Rate
6.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 1999
Sold by
Humbert Maria
Bought by
Zambrana Madelin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,290
Interest Rate
6.99%
Source: Public Records

Range of Values:

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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
Fernandez Vega Jonathan $385,000 Chancellor Title Agency Inc
Ng Shaw $170,000 --
Cordero Felix $386,250 --
Vega Klever $305,000 --
Rivera Jose $190,000 --
Zambrana Madelin $129,780 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Vega Jonathan $368,207
Previous Owner Ng Helen $127,500
Previous Owner Cordero Felix $386,250
Previous Owner Vega Jorge $292,000
Previous Owner Vega Klever $289,750
Previous Owner Rivera Jose $187,050
Previous Owner Zambrana Madelin $123,290
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold $385,000 -1.3% --
05/12/2020 05/12/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $389,900 +129.4% --
03/31/2014 03/31/14 Sold $170,000 -- --
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 $10,427 $279,700 $54,200 $225,500
2024 $10,427 $279,700 $54,200 $225,500
2022 $10,450 $279,700 $54,200 $225,500
2021 $10,444 $279,700 $54,200 $225,500
2020 $6,133 $161,400 $54,200 $107,200
2019 $6,070 $161,400 $54,200 $107,200
2018 $5,961 $161,400 $54,200 $107,200
2017 $5,746 $161,400 $54,200 $107,200
2016 $5,552 $161,400 $54,200 $107,200
2015 $5,341 $161,400 $54,200 $107,200
2014 $5,005 $161,400 $54,200 $107,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3628906

Garden State MLS

APN: 14-00696-0000-00052