NOT LISTED FOR SALE

161 Sunset Ave Unit 163 Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $663,573 - $1,079,000

-- Bed
-- Bath
7,308 Sq Ft
$126/Sq Ft Est. Value

About This Home

This home is located at 161 Sunset Ave Unit 163, Newark, NJ 07106 and is currently estimated at $918,393, approximately $125 per square foot. 161 Sunset Ave Unit 163 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
Oct 20, 2021
Sold by
Ismail Yusef Nkrumah Olatuni
Bought by
161 Sunset Realty Llc
Current Estimated Value
$918,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
2.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 15, 2018
Sold by
Cummings Richard
Bought by
Olatunji-Ismail Yusef N

Purchase Details

Closed on
Apr 11, 2005
Sold by
Cumings Karen
Bought by
Cummings Richard

Purchase Details

Closed on
Aug 29, 1990
Sold by
Herns Gabriel
Bought by
Vincent Jacques and Vincent Jeanine

Purchase Details

Closed on
Jul 26, 1990
Sold by
Hud
Bought by
City Of Newark

Purchase Details

Closed on
Sep 22, 1989
Sold by
Levine Murray and Levine Louis
Bought by
Gabriel Herns

Purchase Details

Closed on
May 18, 1989
Sold by
Jackson Norman L and Jackson Jacqueline
Bought by
Levine Murray and Levine Louise
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
161 Sunset Realty Llc $525,000 Dekel Abstract Llc
Olatunji-Ismail Yusef N $1,700 --
Cummings Richard $58,000 --
Vincent Jacques $185,000 --
City Of Newark -- --
Gabriel Herns $128,000 --
Levine Murray $48,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 161 Sunset Realty Llc $543,750
Closed 161 Sunset Realty Llc $480,000
Previous Owner Cummings Richard $280,000
Previous Owner Cummings Richard $252,000
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
2024 $11,930 $320,000 $19,400 $300,600
2022 $8,907 $238,400 $19,400 $219,000
2021 $8,902 $238,400 $19,400 $219,000
2020 $9,059 $238,400 $19,400 $219,000
2019 $8,966 $238,400 $19,400 $219,000
2018 $8,804 $238,400 $19,400 $219,000
2017 $8,487 $238,400 $19,400 $219,000
2016 $8,201 $238,400 $19,400 $219,000
2015 $7,889 $238,400 $19,400 $219,000
2014 $7,393 $238,400 $19,400 $219,000
Source: Public Records

Map

New Jersey Essex County Newark 07106 Lower Vailsburg

161 Sunset Ave Unit 163, Newark, NJ

This home is located at 161 Sunset Ave Unit 163, Newark, NJ 07106 and is currently estimated at $918,393, approximately $125 per square foot. 161 Sunset Ave Unit 163 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes