NOT LISTED FOR SALE

15 Homestead Park Unit 1 Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $528,000 - $673,000

3 Beds
1 Bath
1,100 Sq Ft
$568/Sq Ft Est. Value

About This Home

This home is located at 15 Homestead Park Unit 1, Newark, NJ 07108 and is currently estimated at $624,401, approximately $567 per square foot. 15 Homestead Park Unit 1 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2024
Sold by
Rivas Realty Development 1 Llc
Bought by
Noel Kevin
Current Estimated Value
$624,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,800
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2021
Sold by
Eric Donald Const & Demolition Llc
Bought by
15 17 Homested Park Llc

Purchase Details

Closed on
Apr 24, 2021
Sold by
City Of Newark
Bought by
Eric Donald Const & Demolition Llc

Purchase Details

Closed on
Apr 21, 2006
Sold by
Harris James
Bought by
Boafo Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
9.45%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Noel Kevin $645,000 Nu World Title
15 17 Homested Park Llc $100,000 Opal Title Service Llc
Eric Donald Const & Demolition Llc $37,324 Stewart Title Guaranty Co
Boafo Christina $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Noel Kevin $496,800
Previous Owner Rivas Realty Development 1 Llc $435,000
Previous Owner Rivas Realty Development I Llc $500,000
Previous Owner Rivas Realty Development 1 Llc $320,000
Previous Owner Boafa Christina $248,000
Previous Owner Boafa Christina $46,500
Previous Owner Boafo Christina $243,000
Previous Owner Harris James C $33,951
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 $7,385 $198,100 $35,900 $162,200
2022 $6,478 $173,400 $35,200 $138,200
2021 $6,475 $173,400 $35,200 $138,200
2020 $0 $173,400 $35,200 $138,200
2019 $0 $173,400 $35,200 $138,200
2018 $0 $173,400 $35,200 $138,200
2017 $6,085 $173,400 $35,200 $138,200
2016 $5,965 $173,400 $35,200 $138,200
2015 $5,738 $173,400 $35,200 $138,200
2014 $5,377 $173,400 $35,200 $138,200
Source: Public Records

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