NOT LISTED FOR SALE

21 Chelsea Ave Unit 3 Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $346,000 - $688,000

-- Bed
3 Baths
-- Sq Ft
37 Sq Ft Lot

Last Sold August 12, 2020

Last sale price $136,500

Est. 321% increase in value since last sale

Current estimated payment $3,803/month

49 Days on Market

About This Home

As of August 2020

This home is located at 21 Chelsea Ave Unit 3, Newark, NJ 07106 since 13 February 2020 and is currently estimated at $574,173. This property was built in 1925. 21 Chelsea Ave Unit 3 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

Michael Picciuto

THE REAL ESTATE COMPANY Brokerage Phone: 908-688-3311 Listed on: 02/13/2020

Last Buyer's Agent

Michael Picciuto

THE REAL ESTATE COMPANY Brokerage Phone: 908-688-3311 Listed on: 02/13/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,098

Year Built

  • 1925

Lot Details

  • 37 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,098

Year Built

1925

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 21
  • I D: 4963943
  • Modified: 2021-08-13
  • Number Images: 0
  • Attribution Contact: 908-688-3311
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1925

Lot Info

  • Lot Size: 37.6X100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2024
Sold by
County Of Essex Sheriff
Bought by
Pride Funding Llc and Rodrigueza
Total Days on Market
49
Current Estimated Value
$574,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$592,324
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
-$18,151

Purchase Details

Closed on
Jan 7, 2021
Sold by
Madison Investment Group Llc
Bought by
Boulevard Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 13, 2020
Closed on
Sep 2, 2020
Sold by
Eagle Endeavors Llc
Bought by
Madison Investment Group Llc
Seller's Agent
Michael Picciuto
THE REAL ESTATE COMPANY
Buyer's Agent
Michael Picciuto
THE REAL ESTATE COMPANY
List Price
$125,000
Sold Price
$136,500
Premium/Discount to List
$11,500
9.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.56%
Original Mortgage
$271,000
Interest Rate
2.8%
Mortgage Type
Small Business Administration

Purchase Details

Listed on
Feb 13, 2020
Closed on
Aug 13, 2020
Sold by
Young Talia
Bought by
Eagle Endeavors Llc
Seller's Agent
Michael Picciuto
THE REAL ESTATE COMPANY
Buyer's Agent
Michael Picciuto
THE REAL ESTATE COMPANY
List Price
$125,000
Sold Price
$136,500
Premium/Discount to List
$11,500
9.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
2.8%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
May 20, 2016
Sold by
Tarver Henry and Chandler Irene M
Bought by
Young Talia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 2007
Sold by
Tarver Henry and Lindsey Loma
Bought by
Tarver Henry and Lindsey Loma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
11.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 1996
Sold by
Vet Affairs
Bought by
Tarver Henry and Tarver Loma
Source: Public Records

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Range of Values:

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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
Pride Funding Llc $362,716 None Listed On Document
Boulevard Investments Llc $225,000 1St Rate Ttl & Setmnt Svcs L
Madison Investment Group Llc $260,000 Liberty State Title Llc
Eagle Endeavors Llc $136,500 Stewart Title
Young Talia $350,000 None Available
Tarver Henry -- New Vision Title Agency
Tarver Henry $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 21 Chelsea Ave Equities Llc $600,000
Closed 21 Chelsea Ave Equities Llc $570,000
Previous Owner Boulevard Investments Llc $303,000
Previous Owner Madison Investment Group Llc $271,000
Previous Owner Eagle Endeavors Llc $150,000
Previous Owner Young Talia $343,660
Previous Owner Tarver Henry $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2020 08/12/20 Sold $136,500 -5.9% --
06/09/2020 06/09/20 Price Changed $145,000 +16.0% --
04/02/2020 04/02/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $125,000 -- --
Source: Garden State MLS

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 $7,098 $190,400 $12,800 $177,600
2022 $7,113 $190,400 $12,800 $177,600
2021 $7,110 $190,400 $12,800 $177,600
2020 $7,235 $190,400 $12,800 $177,600
2019 $7,161 $190,400 $12,800 $177,600
2018 $7,031 $190,400 $12,800 $177,600
2017 $6,778 $190,400 $12,800 $177,600
2016 $6,550 $190,400 $12,800 $177,600
2015 $6,300 $190,400 $12,800 $177,600
2014 $5,904 $190,400 $12,800 $177,600
Source: Public Records

Agents Affiliated with this Home

  • Michael Picciuto

    Seller's Agent in 2020

    Michael Picciuto

    THE REAL ESTATE COMPANY

    (908) 688-3311

    1 in this area

    10 Total Sales

    Michael Picciuto
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Map

Source: Garden State MLS

MLS Number: 3617255

Garden State MLS

APN: 14-04207-0000-00004

New Jersey Essex County Newark 07106 Lower Vailsburg

21 Chelsea Ave Unit 3, Newark, NJ

This home is located at 21 Chelsea Ave Unit 3, Newark, NJ 07106 since 13 February 2020 and is currently estimated at $574,173. This property was built in 1925. 21 Chelsea Ave Unit 3 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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