NOT LISTED FOR SALE

38 Nichols St Unit 40 Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $706,410 - $974,000

6 Beds
3 Baths
2,728 Sq Ft
$295/Sq Ft Est. Value

About This Home

This home is located at 38 Nichols St Unit 40, Newark, NJ 07105 and is currently estimated at $805,103, approximately $295 per square foot. 38 Nichols St Unit 40 is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2023
Sold by
Palanisamy Sathanandan K and Velotti Lucia
Bought by
Palanisamy Sathanandan K
Current Estimated Value
$805,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Outstanding Balance
$581,515
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$223,588

Purchase Details

Closed on
Mar 18, 2017
Sold by
Pontoriero Santo F and Pontoriero Michele Michael
Bought by
Palaniswami Sathanandan and Velotti Lucia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,898
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 1972
Bought by
Pontoriero Francesco and Pontoriero Caterina
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
Palanisamy Sathanandan K -- Sunnyside Title
Palaniswami Sathanandan $437,500 Guardian Title Services Llc
Pontoriero Francesco $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palanisamy Sathanandan K $592,500
Previous Owner Palaniswami Sathanandan $422,898
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 $9,134 $245,000 $98,400 $146,600
2024 $9,134 $245,000 $98,400 $146,600
2022 $9,153 $245,000 $98,400 $146,600
2021 $9,148 $245,000 $98,400 $146,600
2020 $9,310 $245,000 $98,400 $146,600
2019 $9,214 $245,000 $98,400 $146,600
2018 $9,048 $245,000 $98,400 $146,600
2017 $8,722 $245,000 $98,400 $146,600
2016 $8,178 $245,000 $98,400 $146,600
2015 $7,857 $245,000 $98,400 $146,600
2014 $7,347 $245,000 $98,400 $146,600
Source: Public Records

Map

New Jersey Essex County Newark 07105 South Ironbound

38 Nichols St Unit 40, Newark, NJ

This home is located at 38 Nichols St Unit 40, Newark, NJ 07105 and is currently estimated at $805,103, approximately $295 per square foot. 38 Nichols St Unit 40 is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street 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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