NOT LISTED FOR SALE

404 Chestnut St Unit 406 Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $389,097 - $438,000

-- Bed
-- Bath
1,240 Sq Ft
$333/Sq Ft Est. Value

About This Home

This home is located at 404 Chestnut St Unit 406, Newark, NJ 07105 and is currently estimated at $413,274, approximately $333 per square foot. 404 Chestnut St Unit 406 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
Nov 30, 2023
Sold by
Filho Velson G
Bought by
Jones Joseph B and Ross Kenrick Ian
Current Estimated Value
$413,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$467,116
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
-$53,842
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.

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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

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.

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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
Jones Joseph B $500,000 American Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Joseph B $475,000
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 $8,146 $218,500 $75,000 $143,500
2024 $8,146 $218,500 $75,000 $143,500
2022 $8,163 $218,500 $75,000 $143,500
2021 $8,159 $218,500 $75,000 $143,500
Source: Public Records

Map

New Jersey Essex County Newark 07105 South Ironbound

404 Chestnut St Unit 406, Newark, NJ

This home is located at 404 Chestnut St Unit 406, Newark, NJ 07105 and is currently estimated at $413,274, approximately $333 per square foot. 404 Chestnut St Unit 406 is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

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