NOT LISTED FOR SALE

7 Myrtle Ave Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $634,917 - $847,000

-- Bed
-- Bath
-- Sq Ft
2,178 Sq Ft Lot

Last Sold July 29, 2021

Last sale price $500,000

Est. 49% increase in value since last sale

Current estimated payment $4,768/month

9 Days on Market

About This Home

As of July 2021

This home is located at 7 Myrtle Ave, Newark, NJ 07107 since 26 May 2021 and is currently estimated at $746,729. 7 Myrtle Ave is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.

Last Agent to Sell the Property

STEVEN SMITH

JEANIUS REALTY Brokerage Phone: 908-349-8770 Listed on: 05/26/2021

Last Buyer's Agent

Modesto Alvarez

ACCESS HOME REALTY

ACCESS HOME REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,043

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,043

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 5075120
  • Attribution Contact: 908-349-8770
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X94
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2024
Sold by
Krausz Joseph and Krausz Nathan
Bought by
7 Myrtle Llc
Current Estimated Value
$746,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Outstanding Balance
$587,831
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$158,898

Purchase Details

Listed on
May 26, 2021
Closed on
Jul 29, 2021
Sold by
Blandino Mannix
Bought by
Krausz Joseph and Krausz Nathen
Seller's Agent
STEVEN SMITH
JEANIUS REALTY
Buyer's Agent
Modesto Alvarez
ACCESS HOME REALTY
List Price
$475,000
Sold Price
$500,000
Premium/Discount to List
$25,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$371,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2015
Sold by
Dibugno Saidah and Ellerbe Madeliine D
Bought by
Blandino Mannix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.82%

Purchase Details

Closed on
Aug 31, 2015
Sold by
Ellerbe Madeliine Dibugno Jamal and Dibugno Saidah
Bought by
Blandino Mannix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.82%

Purchase Details

Closed on
Oct 31, 1983
Bought by
Dibugno Madeline
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
7 Myrtle Llc -- None Listed On Document
7 Myrtle Llc -- None Listed On Document
Krausz Joseph $495,000 Dekel Abstract Llc
Blandino Mannix $300,000 --
Blandino Mannix $300,000 None Listed On Document
Dibugno Madeline $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7 Myrtle Llc $592,500
Closed 7 Myrtle Llc $592,500
Previous Owner Krausz Joseph $371,250
Previous Owner Blandino Mannix --
Previous Owner Blandino Mannix $292,785
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2021 07/29/21 Sold $500,000 +5.3% --
06/08/2021 06/08/21 Pending -- -- --
05/29/2021 05/29/21 For Sale $475,000 -- --
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 $10,043 $269,400 $20,400 $249,000
2024 $10,043 $269,400 $20,400 $249,000
2023 $10,065 $269,400 $20,400 $249,000
2022 $10,065 $269,400 $20,400 $249,000
2021 $7,673 $205,500 $20,400 $185,100
2020 $7,809 $205,500 $20,400 $185,100
2019 $7,729 $205,500 $20,400 $185,100
2018 $7,589 $205,500 $20,400 $185,100
2017 $7,316 $205,500 $20,400 $185,100
2016 $7,069 $205,500 $20,400 $185,100
2015 $6,800 $205,500 $20,400 $185,100
2014 $6,373 $205,500 $20,400 $185,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    STEVEN SMITH

    JEANIUS REALTY

  • Modesto Alvarez

    Buyer's Agent in 2021

    Modesto Alvarez

    ACCESS HOME REALTY

    (201) 725-8888

    2 in this area

    14 Total Sales

    Modesto Alvarez
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Map

Source: Garden State MLS

MLS Number: 3715412

Garden State MLS

APN: 14-01890-02-00038

New Jersey Essex County Newark 07107 Fairmount

7 Myrtle Ave, Newark, NJ

Not Listed for Sale

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