NOT LISTED FOR SALE

40 Norwood St Unit 1 Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $533,170 - $738,000

2 Beds
1 Bath
3,600 Sq Ft
$174/Sq Ft Est. Value

About This Home

This home is located at 40 Norwood St Unit 1, Newark, NJ 07106 and is currently estimated at $626,793, approximately $174 per square foot. 40 Norwood St Unit 1 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
Jan 10, 2022
Sold by
Ralph Wright
Bought by
Martinez Jairo and Martinez Jerbert
Current Estimated Value
$620,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,400
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 1990
Sold by
Wright Gwendolyn
Bought by
Wright Ralph and Wright Gwendolyn

Purchase Details

Closed on
Dec 27, 1988
Sold by
Wright Ralph
Bought by
Wright Gwendolyn
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
Martinez Jairo $388,000 New Title Company Name
Wright Ralph -- --
Wright Ralph -- --
Wright Gwendolyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Jairo $310,400
Previous Owner Wright Ralph $148,800
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 $10,013 $268,600 $17,100 $251,500
2024 $10,013 $268,600 $17,100 $251,500
2022 $7,125 $190,700 $17,100 $173,600
2021 $7,121 $190,700 $17,100 $173,600
2020 $7,247 $190,700 $17,100 $173,600
2019 $7,172 $190,700 $17,100 $173,600
2018 $7,043 $190,700 $17,100 $173,600
2017 $6,789 $190,700 $17,100 $173,600
2016 $6,560 $190,700 $17,100 $173,600
2015 $6,310 $190,700 $17,100 $173,600
2014 $5,914 $190,700 $17,100 $173,600
Source: Public Records

Map

New Jersey Essex County Newark 07106 Lower Vailsburg

40 Norwood St Unit 1, Newark, NJ

This home is located at 40 Norwood St Unit 1, Newark, NJ 07106 and is currently estimated at $626,793, approximately $174 per square foot. 40 Norwood St Unit 1 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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