NOT LISTED FOR SALE

7 Farley Ave Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $626,477 - $827,000

Studio
-- Bath
-- Sq Ft
3,920 Sq Ft

Last Sold March 09, 2020

Last sale price $355,000

Est. 105% increase in value since last sale

Current estimated payment $4,587/month

100 Days on Market

About This Home

As of March 2020

This home is located at 7 Farley Ave, Newark, NJ 07108 since 20 November 2019 and is currently estimated at $727,119. 7 Farley Ave is a home located in Essex County with nearby schools including Belmont Runyon School, Hawthorne Avenue Elementary School, and Louise A. Spencer School.

Last Agent to Sell the Property

Sandra Jackson

COLDWELL BANKER REALTY Brokerage Phone: 908-322-5454 Listed on: 11/20/2019

COLDWELL BANKER REALTY

Last Buyer's Agent

SEAMONA ABRAMS

A & M DREAM REALTY LLC

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

3,920 Sq Ft Lot

Listing Details

  • County Name: Essex
  • I D: 4946476
  • Attribution Contact: 908-322-5454
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 34X111
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2019
Closed on
Mar 9, 2020
Sold by
Matthews Wright Naomi and Wright Ray
Bought by
Williams Basiyma
Seller's Agent
Sandra Jackson
COLDWELL BANKER REALTY
Buyer's Agent
SEAMONA ABRAMS
A & M DREAM REALTY LLC
List Price
$349,900
Sold Price
$355,000
Premium/Discount to List
$5,100
1.46%
Current Estimated Value
$727,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,119
Avg. Annual Appreciation
12.74%
Original Mortgage
$310,000
Outstanding Balance
$274,026
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$453,093
Source: Public Records

Range of Values:

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

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ICE

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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
Williams Basiyma $355,000 Clear Skies Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Basiyma $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2020 03/09/20 Sold $355,000 +1.5% --
02/28/2020 02/28/20 Pending -- -- --
11/20/2019 11/20/19 For Sale $349,900 -- --
Source: Garden State MLS

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 $10,230 $274,400 $12,900 $261,500
2024 $10,230 $274,400 $12,900 $261,500
2022 $10,252 $274,400 $12,900 $261,500
2021 $10,246 $274,400 $12,900 $261,500
2020 $6,817 $179,400 $12,900 $166,500
2019 $6,747 $179,400 $12,900 $166,500
2018 $6,625 $179,400 $12,900 $166,500
2017 $6,387 $179,400 $12,900 $166,500
2016 $6,171 $179,400 $12,900 $166,500
2015 $5,936 $179,400 $12,900 $166,500
2014 $5,563 $179,400 $12,900 $166,500
Source: Public Records

Agents Affiliated with this Home

  • Sandra Jackson

    Seller's Agent in 2020

    Sandra Jackson

    COLDWELL BANKER REALTY

    (908) 531-0331

    27 Total Sales

    Sandra Jackson
    Section Image

  • S

    Buyer's Agent in 2020

    SEAMONA ABRAMS

    A & M DREAM REALTY LLC

    (347) 542-2412

    1 in this area

    29 Total Sales

    SEAMONA ABRAMS
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3602140

Garden State MLS

APN: 14-02655-0000-00008

New Jersey Essex County Newark 07108 Clinton Hill

7 Farley Ave, Newark, NJ

Not Listed for Sale

MultiFamily

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