116 Chelsea Ave Unit 120 Newark, NJ 07106
Lower Vailsburg NeighborhoodEstimated Value: $537,000 - $754,000
            
                --
                Bed
            
            
            
                --
                Bath
            
            
            
                3,432
                Sq Ft
            
            
                
                    $177/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 116 Chelsea Ave Unit 120, Newark, NJ 07106 and is currently estimated at $607,192, approximately $176 per square foot. 116 Chelsea Ave Unit 120 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
            
            
                Dec 22, 2003
            
        
                Sold by
            
            
                Worthem Ralph
            
        
                Bought by
            
            
                Hunter Doris
            
        
                            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
            
            
                $216,600
            
        
                Outstanding Balance
            
            
                $99,948
            
        
                Interest Rate
            
            
                5.82%
            
        
                Mortgage Type
            
            
                FHA
            
        
                Estimated Equity
            
            
                $507,244
            
        Purchase Details
                Closed on
            
            
                Feb 4, 2002
            
        
                Sold by
            
            
                Kune Madeline
            
        
                Bought by
            
            
                Worthem Ralph and Worthem Ralph +
            
        Purchase Details
                Closed on
            
            
                Jun 28, 2000
            
        
                Sold by
            
            
                Williams James
            
        
                Bought by
            
            
                Campbell & Petti Inv Co Llc
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Hunter Doris | $220,000 | -- | |
| -- | -- | -- | |
| Worthem Ralph | $143,000 | -- | |
| Campbell & Petti Inv Co Llc | $60,000 | -- | |
| Campbell & Petti Inv Co Llc | $60,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | -- | $216,600 | 
                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 | $8,183 | $219,500 | $16,100 | $203,400 | 
| 2024 | $8,183 | $219,500 | $16,100 | $203,400 | 
| 2022 | $8,201 | $219,500 | $16,100 | $203,400 | 
| 2021 | $8,196 | $219,500 | $16,100 | $203,400 | 
| 2020 | $8,341 | $219,500 | $16,100 | $203,400 | 
| 2019 | $8,255 | $219,500 | $16,100 | $203,400 | 
| 2018 | $8,106 | $219,500 | $16,100 | $203,400 | 
| 2017 | $7,814 | $219,500 | $16,100 | $203,400 | 
| 2016 | $7,551 | $219,500 | $16,100 | $203,400 | 
| 2015 | $7,263 | $219,500 | $16,100 | $203,400 | 
| 2014 | $6,807 | $219,500 | $16,100 | $203,400 | 
                Source: Public Records
                    
            
        Map
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