NOT LISTED FOR SALE

23-25 Chelsea Ave Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $259,000 - $738,699

8 Beds
3 Baths
2,836 Sq Ft
$196/Sq Ft Est. Value

About This Home

This home is located at 23-25 Chelsea Ave, Newark, NJ 07106 and is currently estimated at $557,175, approximately $196 per square foot. 23-25 Chelsea Ave 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
Apr 28, 2023
Sold by
Mb Newark Llc
Bought by
25 Chelsea Ave Llc
Current Estimated Value
$557,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Outstanding Balance
$489,677
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$67,498

Purchase Details

Closed on
Jun 13, 2022
Sold by
116 Broad Holdings Llc
Bought by
Mb Newark Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,750
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Closed on
May 12, 2022
Sold by
10 Pckg Llc
Bought by
116 Broad 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
$453,750
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 26, 2012
Sold by
Tannous George
Bought by
23-25 Chelsea Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 3, 2010
Sold by
Seidner Bruce
Bought by
23-25 Chelsea Avenue Llc

Purchase Details

Closed on
Aug 26, 2010
Sold by
Homesales Inc
Bought by
Tannous George and Seidner Bruce

Purchase Details

Closed on
Jun 11, 2010
Sold by
Montalvo Rosa Santiago
Bought by
Homesales Inc

Purchase Details

Closed on
Oct 2, 2007
Sold by
Johnson Bernetta J
Bought by
Santiago Montalvo Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 14, 2003
Sold by
Igus Darrow
Bought by
Igus Quintin

Purchase Details

Closed on
Apr 9, 1990
Sold by
Admin Of Va
Bought by
Igus Izeter
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
25 Chelsea Ave Llc $650,000 None Listed On Document
Mb Newark Llc $605,000 Cross Bridge Title
116 Broad Holdings Llc $100,000 None Listed On Document
23-25 Chelsea Avenue Llc -- Progressive Title Agency Inc
23-25 Chelsea Avenue Llc -- Multiple
Tannous George $25,700 Multiple
Homesales Inc -- None Available
Santiago Montalvo Rosa $380,000 Ticor Title Insurance Compan
Igus Quintin $1,500 --
Igus Izeter $25,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 25 Chelsea Ave Llc $504,000
Previous Owner Mb Newark Llc $453,750
Previous Owner 23-25 Chelsea Avenue Llc $85,000
Previous Owner Santiago Montalvo Rosa $342,000
Previous Owner Igus Quintin M $202,000
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 $6,468 $173,500 $12,800 $160,700
2024 $6,468 $173,500 $12,800 $160,700
2023 $6,482 $173,500 $12,800 $160,700
2022 $6,482 $173,500 $12,800 $160,700
2021 $6,478 $173,500 $12,800 $160,700
2020 $6,593 $173,500 $12,800 $160,700
2019 $6,525 $173,500 $12,800 $160,700
2018 $6,407 $173,500 $12,800 $160,700
2017 $6,177 $173,500 $12,800 $160,700
2016 $5,968 $173,500 $12,800 $160,700
2015 $5,741 $173,500 $12,800 $160,700
2014 $5,380 $173,500 $12,800 $160,700
Source: Public Records

Map

New Jersey Essex County Newark 07106 Lower Vailsburg

23-25 Chelsea Ave, Newark, NJ

This home is located at 23-25 Chelsea Ave, Newark, NJ 07106 and is currently estimated at $557,175, approximately $196 per square foot. 23-25 Chelsea Ave 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.

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