112 Chelsea Ave Unit 1 Newark, NJ 07106
Lower Vailsburg NeighborhoodEstimated Value: $523,000 - $639,000
            
                3
                Beds
            
            
            
                1
                Bath
            
            
            
                1,000
                Sq Ft
            
            
                
                    $570/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 112 Chelsea Ave Unit 1, Newark, NJ 07106 and is currently estimated at $570,385, approximately $570 per square foot. 112 Chelsea Ave Unit 1 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
            
            
                May 20, 2024
            
        
                Sold by
            
            
                Delrisco Edward
            
        
                Bought by
            
            
                Petgrave Omar Oneil
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $420,750
            
        
                Outstanding Balance
            
            
                $414,850
            
        
                Interest Rate
            
            
                6.88%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $155,535
            
        Purchase Details
                Closed on
            
            
                Aug 7, 2018
            
        
                Sold by
            
            
                Effiong Godswill E
            
        
                Bought by
            
            
                Delrisco Edward
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $153,000
            
        
                Interest Rate
            
            
                4.5%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                Dec 19, 2017
            
        
                Sold by
            
            
                Blue Onyx Properties Llc
            
        
                Bought by
            
            
                Effiong Godswill E
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $84,000
            
        
                Interest Rate
            
            
                3.92%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                Nov 30, 2006
            
        
                Sold by
            
            
                Davis Anthony
            
        
                Bought by
            
            
                Dickerson Eric and Dickerson Kimberly
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $236,000
            
        
                Interest Rate
            
            
                6.15%
            
        Purchase Details
                Closed on
            
            
                Nov 12, 2003
            
        
                Sold by
            
            
                Grant Lorenzo
            
        
                Bought by
            
            
                Davis Anthony
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $185,000
            
        
                Interest Rate
            
            
                5.98%
            
        Purchase Details
                Closed on
            
            
                Apr 7, 2000
            
        
                Sold by
            
            
                Osterhoudt Alan
            
        
                Bought by
            
            
                Grant Lorenzo and Grant Triss
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $124,000
            
        
                Interest Rate
            
            
                8.3%
            
        
                Mortgage Type
            
            
                FHA
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Petgrave Omar Oneil | $495,000 | Fidelity National Title | |
| Delrisco Edward | $255,000 | -- | |
| Effiong Godswill E | -- | -- | |
| Blue Onyx Properties Llc | $120,000 | -- | |
| Dickerson Eric | $295,000 | -- | |
| Davis Anthony | $185,000 | -- | |
| Grant Lorenzo | $126,000 | -- | 
                Source: Public Records
                    
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Petgrave Omar Oneil | $420,750 | |
| Previous Owner | Delrisco Edward | $153,000 | |
| Previous Owner | Blue Onyx Properties Llc | $84,000 | |
| Previous Owner | Dickerson Eric | $236,000 | |
| Previous Owner | Davis Anthony | $185,000 | |
| Previous Owner | Grant Lorenzo | $124,000 | 
                Source: Public Records
                    
            
        Tax History Compared to Growth
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 | $6,856 | $183,900 | $12,800 | $171,100 | 
| 2024 | $6,856 | $183,900 | $12,800 | $171,100 | 
| 2022 | $6,871 | $183,900 | $12,800 | $171,100 | 
| 2021 | $6,867 | $183,900 | $12,800 | $171,100 | 
| 2020 | $6,988 | $183,900 | $12,800 | $171,100 | 
| 2019 | $5,856 | $155,700 | $12,800 | $142,900 | 
| 2018 | $5,750 | $155,700 | $12,800 | $142,900 | 
| 2017 | $0 | $155,700 | $12,800 | $142,900 | 
| 2016 | $5,356 | $155,700 | $12,800 | $142,900 | 
| 2015 | $5,152 | $155,700 | $12,800 | $142,900 | 
| 2014 | $4,828 | $155,700 | $12,800 | $142,900 | 
                Source: Public Records
                    
            
        Map
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