NOT LISTED FOR SALE

Estimated Value: $542,123 - $638,000

-- Bed
-- Bath
-- Sq Ft
37 Sq Ft Lot

Last Sold October 23, 2024

Last sale price $615,000

Est. 1% decrease in value since last sale

Current estimated payment $3,940/month

6 Days on Market

About This Home

As of October 2024

This home is located at 705 N 7th St Unit 707, Newark, NJ 07107 since 24 September 2024 and is currently estimated at $607,531. This property was built in 1935. 705 N 7th St Unit 707 is a home located in Essex County with nearby schools including First Avenue Elementary School, Ridge Street Elementary School, and Dr. William H. Horton Elementary School.

Last Listed By

Heri Calcano

PRESTIGE PROPERTY GROUP MONTCLAIR Brokerage Phone: 973-860-7595 Listed on: 09/24/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,848

Year Built

  • Built in 1935

Lot Details

  • 37 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,848

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Year Built: 1935
  • County Name: Essex
  • Street Number Display: 705
  • I D: 5314830
  • Modified: 2024-10-24
  • Number Images: 1
  • Attribution Contact: 973-860-7595
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 37.6X100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2024
Closed on
Oct 21, 2024
Sold by
Morel Jose A Duarte and Duarte Yazmil Esther
Bought by
Yataco Carlos R Panta and Panta Dajanna
Seller's Agent
Heri Calcano
PRESTIGE PROPERTY GROUP MONTCLAIR
Buyer's Agent
Heri Calcano
PRESTIGE PROPERTY GROUP MONTCLAIR
List Price
$549,000
Sold Price
$615,000
Premium/Discount to List
$66,000
12.02%
Total Days on Market
6
Views
3
Current Estimated Value
$607,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,469
Avg. Annual Appreciation
-2.28%
Original Mortgage
$603,860
Outstanding Balance
$600,892
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$6,639

Purchase Details

Closed on
Sep 30, 2015
Sold by
Hiseria Realty Llc
Bought by
Morel Jose A Ouarte and Morel Wilton Duarte

Purchase Details

Closed on
Nov 21, 2012
Sold by
Gallucci Joseph
Bought by
Hiseria Realty Llc

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Yataco Carlos R Panta $615,000 Foundation Title
Yataco Carlos R Panta $615,000 Foundation Title
Morel Jose A Ouarte $300,000 Attorney
Hiseria Realty Llc $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yataco Carlos R Panta $603,860
Closed Yataco Carlos R Panta $603,860
Previous Owner Duarte-Morel Jose A $57,111
Previous Owner Polci Ann J $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2024 10/23/24 Sold $615,000 +12.0% --
09/30/2024 09/30/24 Pending -- -- --
09/24/2024 09/24/24 For Sale $549,000 -- --
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
2024 $6,848 $183,700 $50,500 $133,200
2022 $6,863 $183,700 $50,500 $133,200
2021 $6,859 $183,700 $50,500 $133,200
2020 $6,981 $183,700 $50,500 $133,200
2019 $6,909 $183,700 $50,500 $133,200
2018 $6,784 $183,700 $50,500 $133,200
2017 $6,540 $183,700 $50,500 $133,200
2016 $6,319 $183,700 $50,500 $133,200
2015 $6,079 $183,700 $50,500 $133,200
2014 $5,697 $183,700 $50,500 $133,200
Source: Public Records

Agents Affiliated with this Home

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Source: Garden State MLS

MLS Number: 3925707

Garden State MLS

APN: 14-00695-0000-00019