NOT LISTED FOR SALE

7-9 Ferdinand St Newark, NJ 07103

Fairmount Neighborhood

Estimated Value: $605,000 - $697,000

Studio
-- Bath
-- Sq Ft
34 Sq Ft Lot

Last Sold October 19, 2016

Last sale price $355,000

Est. 93% increase in value since last sale

Current estimated payment $4,129/month

29 Days on Market

About This Home

As of October 2016

This home is located at 7-9 Ferdinand St, Newark, NJ 07103 since 19 June 2016 and is currently estimated at $656,595. This property was built in 1917. 7-9 Ferdinand St is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Louise A. Spencer School.

Last Agent to Sell the Property

REAGAN B. MAGAT

CAPITAL REALTY EXCHANGE Listed on: 06/19/2016

Last Buyer's Agent

REAGAN B. MAGAT

CAPITAL REALTY EXCHANGE Listed on: 06/19/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1917

Lot Details

  • 34 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Year Built: 1917
  • County Name: Essex
  • I D: 4636172
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 34.4X100
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2023
Sold by
Davis Derrick
Bought by
Rivera Javiel E
Current Estimated Value
$684,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,675
Outstanding Balance
$543,536
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$113,059

Purchase Details

Listed on
Jun 19, 2016
Closed on
Oct 19, 2016
Sold by
Lahb Group Llc
Bought by
Davis Derrick
Seller's Agent
REAGAN B. MAGAT
CAPITAL REALTY EXCHANGE
Buyer's Agent
REAGAN B. MAGAT
CAPITAL REALTY EXCHANGE
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$348,570
Interest Rate
3.48%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 2005
Sold by
Matos Cynthia
Bought by
Domingues John

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
5.93%

Purchase Details

Closed on
Mar 17, 2004
Sold by
Matos Diomedes
Bought by
Matos Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
5.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Rivera Javiel E $570,000 None Listed On Document
Davis Derrick $335,000 Wfg National Title
Domingues John $320,000 --
Matos Cynthia $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Javiel E $559,675
Previous Owner Davis Derrick $348,570
Previous Owner Domingues John $224,000
Previous Owner Matos Cynthia $131,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2016 10/19/16 Sold $355,000 -5.3% --
07/18/2016 07/18/16 Pending -- -- --
06/19/2016 06/19/16 For Sale $375,000 +150.0% --
06/30/2015 06/30/15 Sold $150,000 -- -- View Prior Sale
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 $7,038 $188,800 $23,500 $165,300
2024 $7,038 $188,800 $23,500 $165,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    REAGAN B. MAGAT

    CAPITAL REALTY EXCHANGE

  • L

    Seller's Agent in 2015

    LUIS PINTO

    THE BIXLER GROUP LLC

  • A

    Seller Co-Listing Agent in 2015

    Amelia Pena

    COCCIA REALTY BHGRE

    (201) 650-4975

    20 Total Sales

    Amelia Pena
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Map

Source: Garden State MLS

MLS Number: 3316117

Garden State MLS

APN: 14-01789-01-00010

New Jersey Essex County Newark 07103 Fairmount

7-9 Ferdinand St, Newark, NJ

Not Listed for Sale

MultiFamily

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