NOT LISTED FOR SALE

38 Yates Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $554,000 - $722,000

3 Beds
2 Baths
2,828 Sq Ft
$232/Sq Ft Est. Value

About This Home

This home is located at 38 Yates Ave, Newark, NJ 07112 and is currently estimated at $656,182, approximately $232 per square foot. 38 Yates Ave is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Peshine Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2022
Sold by
Babalola Folashade and Babalola Charlie
Bought by
Ajiloseda Charles
Current Estimated Value
$656,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,766
Outstanding Balance
$530,688
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$125,494

Purchase Details

Closed on
Oct 19, 2009
Sold by
Babalola Folashade
Bought by
Babalola Folashade and Babalola Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,968
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 1, 2008
Sold by
Omoyinmi Fehintola
Bought by
Babalola Folashade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,959
Interest Rate
5.94%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2005
Sold by
Simao Luis
Bought by
Omoyinmi Fehintola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
7.52%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 15, 2004
Sold by
Uno Realty Corp
Bought by
Simao Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.32%

Purchase Details

Closed on
Jul 17, 1998
Sold by
Latta Percentage Investment
Bought by
Gray Junius

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.98%

Purchase Details

Closed on
Jun 27, 1997
Sold by
J&A Holdings
Bought by
Latta % Investment

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.86%

Purchase Details

Closed on
Mar 14, 1997
Sold by
Chase Manhattan Bank
Bought by
J

Purchase Details

Closed on
Mar 20, 1991
Sold by
Mcallister Roger A
Bought by
Mcallister Pamela F

Purchase Details

Closed on
Oct 20, 1990
Sold by
Mcallister Roger Andre
Bought by
Mcallister Roger A and Mcallister Pamela F
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ajiloseda Charles $565,000 Friscia Lawrence
Babalola Folashade -- Ideal Title Agency Llc
Babalola Folashade $339,200 None Available
Omoyinmi Fehintola $440,000 --
Simao Luis $355,000 --
Gray Junius $130,000 --
Latta % Investment $76,000 --
J $70,000 --
Mcallister Pamela F -- --
Mcallister Roger A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ajiloseda Charles $554,766
Previous Owner Babalola Folashade $338,968
Previous Owner Babalola Folashade $333,959
Previous Owner Omoyinmi Fehintola $352,000
Previous Owner Simao Luis $284,000
Previous Owner Gray Junius $104,000
Previous Owner Latta % Investment $81,000
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 $9,633 $258,400 $17,500 $240,900
2024 $9,633 $258,400 $17,500 $240,900
2022 $9,654 $258,400 $17,500 $240,900
2021 $9,649 $258,400 $17,500 $240,900
2020 $9,819 $258,400 $17,500 $240,900
2019 $9,718 $258,400 $17,500 $240,900
2018 $9,543 $258,400 $17,500 $240,900
2017 $9,199 $258,400 $17,500 $240,900
2016 $8,889 $258,400 $17,500 $240,900
2015 $8,550 $258,400 $17,500 $240,900
2014 $8,013 $258,400 $17,500 $240,900
Source: Public Records

Map

New Jersey Essex County Newark 07112 Weequahic

38 Yates Ave, Newark, NJ

This home is located at 38 Yates Ave, Newark, NJ 07112 and is currently estimated at $656,182, approximately $232 per square foot. 38 Yates Ave is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Peshine 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.

Nearby Homes