NOT LISTED FOR SALE

221 Washington St Newark, NJ 07102

Downtown Newark Neighborhood

Estimated Value: $955,094

-- Bed
-- Bath
3,800 Sq Ft
$251/Sq Ft Est. Value

About This Home

This home is located at 221 Washington St, Newark, NJ 07102 and is currently estimated at $955,094, approximately $251 per square foot. 221 Washington St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Lafayette Street Elementary School, and Oliver Street School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2023
Sold by
Biase Donald V
Bought by
Lord Ventures Llc
Current Estimated Value
$955,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,000
Outstanding Balance
$566,881
Interest Rate
6.69%
Mortgage Type
Construction
Estimated Equity
$388,213

Purchase Details

Closed on
Mar 26, 2007
Sold by
Prokos John and Prokos Demetrios
Bought by
Market Street Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 23, 1992
Sold by
Resolution Trust Corporation
Bought by
Prokos John and Prokos Demetrios
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Lord Ventures Llc $830,000 First American Title
Market Street Holdings Llc $550,000 Chicago Title Insurance Co
Prokos John $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lord Ventures Llc $581,000
Previous Owner Market Street Holdings Llc $350,000
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
2025 $18,640 $500,000 $207,500 $292,500
2024 $18,640 $500,000 $207,500 $292,500
2023 $18,680 $500,000 $207,500 $292,500
2022 $18,680 $500,000 $207,500 $292,500
2021 $19,077 $510,900 $207,500 $303,400
2020 $21,447 $564,400 $207,500 $356,900
2019 $21,227 $564,400 $207,500 $356,900
2018 $20,843 $564,400 $207,500 $356,900
2017 $20,093 $564,400 $207,500 $356,900
2016 $19,415 $564,400 $207,500 $356,900
2015 $18,676 $564,400 $207,500 $356,900
2014 $17,502 $564,400 $207,500 $356,900
Source: Public Records

Map

New Jersey Essex County Newark 07102 Downtown Newark

221 Washington St, Newark, NJ

Not Listed for Sale

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