NOT LISTED FOR SALE

18 Salem St Unit 1 Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $490,000 - $617,000

2 Beds
1 Bath
2,424 Sq Ft
$228/Sq Ft Est. Value

About This Home

This home is located at 18 Salem St Unit 1, Newark, NJ 07106 and is currently estimated at $551,951, approximately $227 per square foot. 18 Salem St 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
Mar 12, 2023
Sold by
18 Salem Cap Llc
Bought by
Joseph Marlyn Ann and Quinn Monique Natasha
Current Estimated Value
$551,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,124
Outstanding Balance
$469,997
Interest Rate
6.73%
Mortgage Type
FHA
Estimated Equity
$81,954

Purchase Details

Closed on
Aug 15, 2022
Sold by
Capc Asset Stabilization Fund 2 Llc
Bought by
18 Salem Cap Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,550
Interest Rate
5.54%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 9, 2021
Sold by
Community Asset Preservation Corporation
Bought by
Capc Asset Stabilization Fund 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,529,800
Interest Rate
2.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 28, 2010
Sold by
Federal National Mortgage Association
Bought by
Community Asset Preservation Corporation

Purchase Details

Closed on
Dec 12, 2009
Sold by
Burris Darlene
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 11, 2006
Sold by
Gee Diane
Bought by
Burris Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Joseph Marlyn Ann $490,000 None Listed On Document
18 Salem Cap Llc $280,000 Stewart Title
Capc Asset Stabilization Fund 2 Llc -- Morris Home Abstract Co Inc
Community Asset Preservation Corporation $61,000 Multiple
Federal National Mortgage Association -- Multiple
Burris Darlene $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Marlyn Ann $481,124
Previous Owner 18 Salem Cap Llc $318,550
Previous Owner Capc Asset Stabilization Fund 2 Llc $5,529,800
Previous Owner Community Asset Preservation Corporation $3,400,000
Previous Owner Community Asset Preservation Corporation $600,000
Previous Owner Burris Darlene $232,000
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 $4,690 $125,800 $15,400 $110,400
2023 $4,700 $125,800 $15,400 $110,400
2022 $4,700 $125,800 $15,400 $110,400
2021 $4,697 $125,800 $15,400 $110,400
2020 $4,780 $125,800 $15,400 $110,400
2019 $4,731 $125,800 $15,400 $110,400
2018 $4,646 $125,800 $15,400 $110,400
2017 $4,478 $125,800 $15,400 $110,400
2016 $4,328 $125,800 $15,400 $110,400
2015 $4,163 $125,800 $15,400 $110,400
2014 $3,901 $125,800 $15,400 $110,400
Source: Public Records

Map

New Jersey Essex County Newark 07106 Lower Vailsburg

18 Salem St Unit 1, Newark, NJ

This home is located at 18 Salem St Unit 1, Newark, NJ 07106 and is currently estimated at $551,951, approximately $227 per square foot. 18 Salem St Unit 1 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

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