NOT LISTED FOR SALE

7 Elm St Newark, NJ 07102

Downtown Newark Neighborhood

Estimated Value: $384,000 - $708,000

-- Bed
-- Bath
3,082 Sq Ft
$179/Sq Ft Est. Value

About This Home

This home is located at 7 Elm St, Newark, NJ 07102 and is currently estimated at $552,237, approximately $179 per square foot. 7 Elm St is a home located in Essex County with nearby schools including Oliver Street School, Lafayette Street Elementary School, and Sir Isaac Newton Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2011
Sold by
Federal National Mortgage Association
Bought by
Merkel Kevin
Current Estimated Value
$552,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,831
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2010
Sold by
Bergamasco Sergio and Bergamasco Rosa
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 29, 2004
Sold by
Salvador Manuel Loureiro
Bought by
Bergmasco Sergio
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
Merkel Kevin $82,000 First American Title Ins Co
Federal National Mortgage Association -- None Available
Bergmasco Sergio $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merkel Kevin $240,000
Closed Merkel Kevin $129,731
Closed Merkel Kevin $121,831
Previous Owner Bergamasco Sergio $384,000
Previous Owner Bergamasco Sergio $360,000
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 $3,672 $98,500 $28,500 $70,000
2022 $3,680 $98,500 $28,500 $70,000
2021 $3,678 $98,500 $28,500 $70,000
2020 $3,743 $98,500 $28,500 $70,000
2019 $3,705 $98,500 $28,500 $70,000
2018 $3,638 $98,500 $28,500 $70,000
2017 $3,507 $98,500 $28,500 $70,000
2016 $3,388 $98,500 $28,500 $70,000
2015 $3,259 $98,500 $28,500 $70,000
2014 $3,054 $98,500 $28,500 $70,000
Source: Public Records

Map

New Jersey Essex County Newark 07102 Downtown Newark

7 Elm St, Newark, NJ

This home is located at 7 Elm St, Newark, NJ 07102 and is currently estimated at $552,237, approximately $179 per square foot. 7 Elm St is a home located in Essex County with nearby schools including Oliver Street School, Lafayette Street Elementary School, and Sir Isaac Newton Elementary School.

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