$223,000
SOLD OCT 3, 2018
-- Bed
-- Bath
-- Sq Ft
37 Sq Ft Lot

Recently Sold

12% Above List Price

8 Days on Market

About This Home

As of September 2019

This home is located at 709 N 7th St, Newark, NJ 07107 and is currently priced at $223,000. This property was built in 1925. 709 N 7th St 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 Agent to Sell the Property

Jorge Velasquez

RE/MAX PROFESSIONALS I Brokerage Phone: 973-450-4000 Listed on: 07/26/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,065

Year Built

  • Built in 1925

Lot Details

  • 37 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,065

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • County Name: Essex
  • Street Number Display: 709
  • I D: 4825197
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-450-4000
  • 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

Closed on
Dec 12, 2019
Sold by
Gk Brothers Construction
Bought by
Parra Andres
Current Estimated Value
$701,172

Purchase Details

Listed on
Jul 26, 2018
Closed on
Sep 11, 2018
Sold by
Nationstar Mortagage Llc
Bought by
709 7Th Me Llc
Seller's Agent
Jorge Velasquez
RE/MAX PROFESSIONALS I
List Price
$200,000
Sold Price
$223,000
Premium/Discount to List
$23,000
11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.26%
Original Mortgage
$234,550
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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Range of Values:

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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

Date Type Sale Price Title Company
Deed $620,000 First American Title
Warranty Deed $223,000 Clear Skies Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $234,550 Stand Alone Refi Refinance Of Original Loan
Previous Owner $234,550 New Conventional
Previous Owner $480,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2019 09/19/19 Sold $410,000 -3.5% --
06/18/2019 06/18/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $424,900 +90.5% --
10/03/2018 10/03/18 Sold $223,000 +11.5% --
08/03/2018 08/03/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $200,000 -- --
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 $11,065 $296,800 $45,500 $251,300
2024 $11,065 $296,800 $45,500 $251,300
2022 $11,088 $296,800 $45,500 $251,300
2021 $11,083 $296,800 $45,500 $251,300
2020 $6,312 $166,100 $45,500 $120,600
2019 $6,247 $166,100 $45,500 $120,600
2018 $6,134 $166,100 $45,500 $120,600
2017 $5,913 $166,100 $45,500 $120,600
2016 $5,714 $166,100 $45,500 $120,600
2015 $5,496 $166,100 $45,500 $120,600
2014 $4,901 $166,100 $45,500 $120,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3490244

Garden State MLS

APN: 14-00695-0000-00021