NOT LISTED FOR SALE

7 Downing St Newark, NJ 07105

North Ironbound Neighborhood

Estimated Value: $403,000 - $477,000

3 Beds
1 Bath
844 Sq Ft
$509/Sq Ft Est. Value

Sale Details

Date Sold: October 12, 2023

Last sale price $385,000 $456 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,952 / mo

34 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Eat-In Kitchen
  • Wood Flooring
  • No HOA
  • 1-minute walk to Peter Francisco Park

About This Home

As of October 2023

New beginnings start in this charming 3-bedroom, 1-bathroom house located in the Ironbound neighborhood. A well-designed layout that maximizes space and functionality. The partially finished basement, offers additional living space that can be customized to your preferences - whether you envision a home office, entertainment room, or a gym, the possibilities are endless. Close proximity to restaurants, shopping, PATH train, NJ Transit, Red Bull Arena & the Prudential Center. Call today, don't miss your chance to make this your new home!

Last Agent to Sell the Property

Christopher Acevedo

RE/MAX New Beginnings Realty-Toms River Listed on: 08/02/2023

Co-Listed By

Patrick Meehan

RE/MAX New Beginnings Realty-Toms River

Last Buyer's Agent

NON MEMBER

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,516

Year Built

  • Built in 1917

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 21 x 35

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • 844 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 14-00174-0000-00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,516

Year Built

Built in 1917

Lot Details

871 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 1797
  • Co List Office Phone: 732-473-1700
  • Inclusions: Washer, Dryer, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Laminate, Wood
  • New Construction: No
  • Year Built: 1917
  • Contract Info List PriceSqFt: 447.87
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.02
  • General Property Info Lot Dimensions: 21 x 35
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • SidingAluminum: Yes
  • General Property Info # Fireplaces: 1.0
  • Garage None4: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Floors Laminate: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Laminate2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Kitchen Pantry: Yes
  • Basement:Partial: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Acres: 0.02
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Patio

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Steam, Other
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Steam: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 21 x 35
  • Lot Size Sq Ft: 871.2
  • Parcel #: 14-00174-0000-00023
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3516.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Oct 12, 2023
Sold by
Bought by
Seller's Agent
Christopher Acevedo
RE/MAX New Beginnings Realty-Toms River
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$389,999
Sold Price
$385,000
Premium/Discount to List
-$4,999
-1.28%
Views
193
Current Estimated Value
$429,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,589
Avg. Annual Appreciation
4.05%
Original Mortgage
$378,026
Outstanding Balance
$367,397
Interest Rate
7.12%
Mortgage Type
FHA
Estimated Equity
$62,192

Purchase Details

Closed on
Jul 2, 2022
Sold by
Bought by

Purchase Details

Listed on
May 24, 2020
Closed on
Oct 13, 2020
Sold by
Bought by
Seller's Agent
AGUSTIN J. RUELA
KELLER WILLIAMS MID-TOWN DIRECT
Buyer's Agent
AGUSTIN J. RUELA
KELLER WILLIAMS MID-TOWN DIRECT
List Price
$247,000
Sold Price
$195,000
Premium/Discount to List
-$52,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.75%
Original Mortgage
$159,747
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 1996
Sold by
Bought by

Purchase Details

Closed on
Jan 30, 1992
Sold by
Bought by

Purchase Details

Closed on
Mar 16, 1989
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$385,000 None Listed On Document
-- Friscia Lawrence
$195,000 Sunnyside Title
$57,000 --
$90,000 --
$90,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $378,026
Previous Owner $159,747
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2023 10/12/23 Sold $385,000 +1.9% $456 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/18/2023 08/18/23 Price Changed $377,999 -3.1% $448 / Sq Ft
08/02/2023 08/02/23 For Sale $389,999 +100.0% $462 / Sq Ft
10/20/2020 10/20/20 Sold $195,000 -17.0% $265 / Sq Ft View Prior Sale
08/13/2020 08/13/20 Pending -- -- --
07/20/2020 07/20/20 Price Changed $234,900 -4.9% $319 / Sq Ft
07/15/2020 07/15/20 For Sale $247,000 0.0% $336 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
05/24/2020 05/24/20 For Sale $247,000 -- $336 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,586 $189,700 $34,300 $155,400
2025 $7,586 $189,700 $34,300 $155,400
2024 $3,508 $94,100 $34,300 $59,800
2023 $3,516 $94,100 $34,300 $59,800
2022 $3,516 $94,100 $34,300 $59,800
2021 $3,514 $94,100 $34,300 $59,800
2020 $3,576 $94,100 $34,300 $59,800
2019 $3,539 $94,100 $34,300 $59,800
2018 $3,475 $94,100 $34,300 $59,800
2017 $3,350 $94,100 $34,300 $59,800
2016 $3,237 $94,100 $34,300 $59,800
2015 $3,114 $94,100 $34,300 $59,800
2014 $2,918 $94,100 $34,300 $59,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Christopher Acevedo

    RE/MAX

  • P

    Seller Co-Listing Agent in 2023

    Patrick Meehan

    RE/MAX

  • N

    Buyer's Agent in 2023

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2023

    NON MEMBER MORR

    NON MEMBER

  • A

    Seller's Agent in 2020

    AGUSTIN J. RUELA

    KELLER WILLIAMS MID-TOWN DIRECT

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22321160

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 14-00174-0000-00023

New Jersey Essex County Newark 07105 North Ironbound

7 Downing St, Newark, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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