NOT LISTED FOR SALE

10 Commonwealth Ave Unit 2 Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $561,000 - $637,846

5 Beds
2 Baths
2,823 Sq Ft
$215/Sq Ft Est. Value

About This Home

This home is located at 10 Commonwealth Ave Unit 2, Newark, NJ 07106 and is currently estimated at $607,712, approximately $215 per square foot. 10 Commonwealth Ave Unit 2 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2023
Sold by
Commonwealth Assoc
Bought by
Martinez Luis A and Beltran Carlos D
Current Estimated Value
$607,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,039
Outstanding Balance
$526,569
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$81,143

Purchase Details

Closed on
Jun 14, 2019
Sold by
Mulberry Management Group
Bought by
Commonwealth Associates

Purchase Details

Closed on
Apr 29, 2016
Sold by
Fontoura Armando B
Bought by
Freedom Mortgage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.59%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 13, 2014
Sold by
Freedom Mortgage Corp
Bought by
Jones Clarence and Jamison Marion

Purchase Details

Closed on
Apr 3, 2014
Bought by
Freedom Mortgage Cor

Purchase Details

Closed on
Oct 10, 2007
Sold by
Barber Corey
Bought by
Jones Clarence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Interest Rate
6.51%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2006
Sold by
Als Construction Co Inc
Bought by
Barber Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.67%

Purchase Details

Closed on
Mar 23, 2006
Sold by
Brantley Leroy
Bought by
Als Construction Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.26%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 31, 2001
Sold by
Jones Brian
Bought by
Brantley Leroy

Purchase Details

Closed on
Dec 19, 2000
Sold by
Ge Capital Mortgage
Bought by
Jones Brian

Purchase Details

Closed on
Nov 21, 1988
Sold by
Fluellen Edward and Fluellen Marion
Bought by
Saintlime Siteau and Saintlime Marie
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Martinez Luis A $550,000 First Team Title
Martinez Luis A $550,000 First Team Title
Commonwealth Associates -- --
Commonwealth Associates -- --
Freedom Mortgage Corp $583,710 None Available
Freedom Mortgage Corp $583,710 None Available
Jones Clarence -- None Available
Jones Clarence -- None Available
Freedom Mortgage Cor $100 --
Freedom Mortgage Cor $100 --
Jones Clarence $365,000 Old Republic National Title
Jones Clarence $365,000 Old Republic National Title
Barber Corey $290,000 --
Barber Corey $290,000 --
Als Construction Co Inc $194,000 --
Als Construction Co Inc $194,000 --
Brantley Leroy $155,000 --
Brantley Leroy $155,000 --
Jones Brian $73,500 --
Jones Brian $73,500 --
Saintlime Siteau $150,000 --
Saintlime Siteau $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Luis A $540,039
Previous Owner Mulberry Management Group Llc $125,000
Previous Owner Jones Clarence $346,750
Previous Owner Barber Corey $232,000
Previous Owner Als Construction Co Inc $180,000
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 $6,375 $171,000 $24,000 $147,000
2022 $6,389 $171,000 $24,000 $147,000
2021 $6,385 $171,000 $24,000 $147,000
2020 $6,498 $171,000 $24,000 $147,000
2019 $6,431 $171,000 $24,000 $147,000
2018 $6,315 $171,000 $24,000 $147,000
2017 $6,088 $171,000 $24,000 $147,000
2016 $5,882 $171,000 $24,000 $147,000
2015 $5,658 $171,000 $24,000 $147,000
2014 $5,303 $171,000 $24,000 $147,000
Source: Public Records

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