NOT LISTED FOR SALE

24 Melrose Ave Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $357,643 - $419,000

-- Bed
-- Bath
1,440 Sq Ft
$268/Sq Ft Est. Value

About This Home

This home is located at 24 Melrose Ave, Newark, NJ 07106 and is currently estimated at $386,161, approximately $268 per square foot. 24 Melrose 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
Mar 3, 2005
Sold by
Alexander Serleen
Bought by
Milton Lettie
Current Estimated Value
$386,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
5.64%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Milton Lettie $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milton Lettie $164,276
Closed Milton Lettie $201,857
Closed Milton Lettie $192,850
Closed Milton Lettie M $15,000
Closed Milton Lettie $162,400
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 $4,097 $109,900 $17,100 $92,800
2024 $4,097 $109,900 $17,100 $92,800
2022 $4,106 $109,900 $17,100 $92,800
2021 $4,104 $109,900 $17,100 $92,800
2020 $4,176 $109,900 $17,100 $92,800
2019 $4,133 $109,900 $17,100 $92,800
2018 $4,059 $109,900 $17,100 $92,800
2017 $3,912 $109,900 $17,100 $92,800
2016 $3,781 $109,900 $17,100 $92,800
2015 $3,637 $109,900 $17,100 $92,800
2014 $3,408 $109,900 $17,100 $92,800
Source: Public Records

Map

New Jersey Essex County Newark 07106 Lower Vailsburg

24 Melrose Ave, Newark, NJ

This home is located at 24 Melrose Ave, Newark, NJ 07106 and is currently estimated at $386,161, approximately $268 per square foot. 24 Melrose Ave 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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