NOT LISTED FOR SALE

10 Merchant Place Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $495,000 - $531,000

-- Bed
-- Bath
1,832 Sq Ft
$280/Sq Ft Est. Value

About This Home

This home is located at 10 Merchant Place, Newark, NJ 07105 and is currently estimated at $512,106, approximately $279 per square foot. 10 Merchant Place is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Hawkins Street Elementary School, and Oliver Street School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2005
Sold by
John S Pruchnicki Est Of
Bought by
Torres Michael G
Current Estimated Value
$512,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$120,597
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$372,089
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Torres Michael G $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Michael G $57,000
Closed Torres Michael G $26,900
Open Torres Michael G $228,000
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
2025 $6,822 $183,000 $54,800 $128,200
2024 $6,822 $183,000 $54,800 $128,200
2022 $6,837 $183,000 $54,800 $128,200
2021 $6,833 $183,000 $54,800 $128,200
2020 $6,954 $183,000 $54,800 $128,200
2019 $6,883 $183,000 $54,800 $128,200
2018 $6,758 $183,000 $54,800 $128,200
2017 $6,515 $183,000 $54,800 $128,200
2016 $6,295 $183,000 $54,800 $128,200
2015 $6,055 $183,000 $54,800 $128,200
2014 $5,675 $183,000 $54,800 $128,200
Source: Public Records

Map

New Jersey Essex County Newark 07105 South Ironbound

10 Merchant Place, Newark, NJ

This home is located at 10 Merchant Place, Newark, NJ 07105 and is currently estimated at $512,106, approximately $279 per square foot. 10 Merchant Place is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Hawkins Street Elementary School, and Oliver Street School.

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