NOT LISTED FOR SALE

161 Sherman Ave Newark, NJ 07114

South Broad Valley Neighborhood

Estimated Value: $765,856 - $1,015,000

-- Bed
6 Baths
4,508 Sq Ft
$199/Sq Ft Est. Value

About This Home

This home is located at 161 Sherman Ave, Newark, NJ 07114 and is currently estimated at $897,714, approximately $199 per square foot. 161 Sherman Ave is a home located in Essex County with nearby schools including Louise A. Spencer School, Belmont Runyon School, and Peshine Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2016
Sold by
Lanzon Iv Llc
Bought by
Kamara Layee
Current Estimated Value
$897,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,939
Outstanding Balance
$347,868
Interest Rate
3.58%
Mortgage Type
FHA
Estimated Equity
$561,470

Purchase Details

Closed on
May 17, 2006
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

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

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
Kamara Layee $445,000 None Available
-- $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kamara Layee $28,116
Open Kamara Layee $436,939
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 $14,260 $382,500 $53,800 $328,700
2024 $14,260 $382,500 $53,800 $328,700
2022 $14,290 $382,500 $53,800 $328,700
2021 $2,009 $53,800 $0 $0
2020 $2,044 $53,800 $0 $0
2019 $2,023 $382,500 $53,800 $328,700
2018 $1,987 $382,500 $53,800 $328,700
2017 $1,915 $382,500 $53,800 $328,700
2016 $2,924 $85,000 $85,000 $0
2015 $2,813 $85,000 $85,000 $0
2014 $2,636 $85,000 $85,000 $0
Source: Public Records

Map

New Jersey Essex County Newark 07114 South Broad Valley

161 Sherman Ave, Newark, NJ

This home is located at 161 Sherman Ave, Newark, NJ 07114 and is currently estimated at $897,714, approximately $199 per square foot. 161 Sherman Ave is a home located in Essex County with nearby schools including Louise A. Spencer School, Belmont Runyon School, and Peshine Avenue Elementary School.

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