40 Chestnut St Newark, NJ 07102
South Broad Valley NeighborhoodEstimated Value: $694,826 - $1,022,000
Studio
--
Bath
3,808
Sq Ft
$226/Sq Ft
Est. Value
About This Home
This home is located at 40 Chestnut St, Newark, NJ 07102 and is currently estimated at $859,457, approximately $225 per square foot. 40 Chestnut St is a home located in Essex County with nearby schools including Oliver Street School, Lafayette Street Elementary School, and Cleveland Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 25, 2003
Sold by
Newark Redevelopment Corp
Bought by
Cardenas Jose Luis and Cardenas Corina
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$158,011
Interest Rate
6.15%
Estimated Equity
$701,446
Purchase Details
Closed on
Aug 1, 2002
Sold by
Vicuna Elsy
Bought by
Newark Redev Corp
Purchase Details
Closed on
Nov 17, 1997
Sold by
Tramel Joseph
Bought by
Essex Home Investment
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.9%
Purchase Details
Closed on
Oct 30, 1997
Sold by
Essex Home Investment
Bought by
Miles Keith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.9%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cardenas Jose Luis | $425,000 | -- | |
| Newark Redev Corp | $82,500 | -- | |
| Essex Home Investment | $40,000 | -- | |
| Miles Keith | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cardenas Jose Luis | $340,000 | |
| Previous Owner | Miles Keith | $56,000 |
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 | $8,568 | $225,300 | $37,500 | $187,800 |
| 2024 | $8,399 | $225,300 | $37,500 | $187,800 |
| 2022 | $8,417 | $225,300 | $37,500 | $187,800 |
| 2021 | $8,413 | $225,300 | $37,500 | $187,800 |
| 2020 | $8,561 | $225,300 | $37,500 | $187,800 |
| 2019 | $8,474 | $225,300 | $37,500 | $187,800 |
| 2018 | $8,320 | $225,300 | $37,500 | $187,800 |
| 2017 | $8,021 | $225,300 | $37,500 | $187,800 |
| 2016 | $7,750 | $225,300 | $37,500 | $187,800 |
| 2015 | $7,455 | $225,300 | $37,500 | $187,800 |
| 2014 | $6,987 | $225,300 | $37,500 | $187,800 |
Source: Public Records
Map
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