NOT LISTED FOR SALE

Estimated Value: $529,059 - $606,000

-- Bed
-- Bath
1,828 Sq Ft
$309/Sq Ft Est. Value

About This Home

This home is located at 696 N 8th St, Newark, NJ 07107 and is currently estimated at $565,265, approximately $309 per square foot. 696 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2023
Sold by
Cruz Yesen A
Bought by
Velecela Milton E Reinoso
Current Estimated Value
$565,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,312
Interest Rate
7.31%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2017
Sold by
Fannie Mae
Bought by
Richard Terrance

Purchase Details

Closed on
Apr 27, 2004
Sold by
Hernandez Alex
Bought by
Cruz Jorge and Cruz Yesenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,674
Interest Rate
5.94%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 7, 1997
Sold by
Santoro Michael
Bought by
Hernandez Alex and Nieves Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.56%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Velecela Milton E Reinoso $500,000 First American Title
Richard Terrance $175,000 None Available
Cruz Jorge $280,000 --
Hernandez Alex $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reinoso Velecela Milton E $486,408
Previous Owner Velecela Milton E Reinoso $483,312
Previous Owner Cruz Jorge $275,674
Previous Owner Hernandez Alex $115,000
Source: Public Records

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
2024 $5,816 $156,000 $46,300 $109,700
2022 $5,828 $156,000 $46,300 $109,700
2021 $5,825 $156,000 $46,300 $109,700
2020 $5,928 $156,000 $46,300 $109,700
2019 $5,867 $156,000 $46,300 $109,700
2018 $5,761 $156,000 $46,300 $109,700
2017 $5,554 $156,000 $46,300 $109,700
2016 $5,366 $156,000 $46,300 $109,700
2015 $5,162 $156,000 $46,300 $109,700
2014 $4,838 $156,000 $46,300 $109,700
Source: Public Records

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