NOT LISTED FOR SALE

Estimated Value: $565,000 - $833,000

3 Beds
1 Bath
2,573 Sq Ft
$263/Sq Ft Est. Value

About This Home

This home is located at 42 Wakeman Ave Unit 2, Newark, NJ 07104 and is currently estimated at $677,089, approximately $263 per square foot. 42 Wakeman Ave Unit 2 is a home located in Essex County with nearby schools including Rafael Hernandez School, Elliott Street Elementary School, and Franklin School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2023
Sold by
42 Wakeman Nn Llc
Bought by
Morel Ixsa Marie and Coronado Alberto Morel
Current Estimated Value
$677,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,500
Outstanding Balance
$563,913
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2023
Sold by
Arias Kimberly
Bought by
42 Wakeman Nn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.96%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 30, 2017
Sold by
The Bank Of New York Mellon
Bought by
Renovation Pros Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,400
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 26, 2005
Sold by
Lorenzo Robert
Bought by
Perez Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 30, 1990
Sold by
Lorenzo Eric and Lorenzo Ramos,Ilia
Bought by
Lorenzo Eric

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
Morel Ixsa Marie $670,000 None Listed On Document
42 Wakeman Nn Llc $336,457 Realsafe Title
Renovation Pros Llc $139,000 None Available
Perez Robert $320,000 --
Lorenzo Eric -- --
Lorenzo Eric $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morel Ixsa Marie $569,500
Closed 42 Wakeman Nn Llc $30,000
Previous Owner 42 Wakeman Nn Llc $430,000
Previous Owner Renovation Pros Llc $36,400
Previous Owner Renovation Pros Llc $210,000
Previous Owner Renovation Pros Llc $36,400
Previous Owner Perez Robert $256,000
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
2024 $9,197 $246,700 $28,100 $218,600
2022 $9,217 $246,700 $28,100 $218,600
2021 $9,212 $246,700 $28,100 $218,600
2020 $9,375 $246,700 $28,100 $218,600
2019 $6,657 $177,000 $28,100 $148,900
2018 $6,537 $177,000 $28,100 $148,900
2017 $6,301 $177,000 $28,100 $148,900
2016 $6,089 $177,000 $28,100 $148,900
2015 $5,857 $177,000 $28,100 $148,900
2014 $5,489 $177,000 $28,100 $148,900
Source: Public Records

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