NOT LISTED FOR SALE

497 Lake St Unit 503 Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $447,000 - $737,000

-- Bed
-- Bath
1,875 Sq Ft
$315/Sq Ft Est. Value

About This Home

This home is located at 497 Lake St Unit 503, Newark, NJ 07104 and is currently estimated at $590,410, approximately $314 per square foot. 497 Lake St Unit 503 is a home located in Essex County with nearby schools including First Avenue Elementary School, Rafael Hernandez School, and Ridge Street Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2006
Current Estimated Value
$590,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.6%
Mortgage Type
Future Advance Clause Open End Mortgage
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
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricciardi Michael S $200,000
Closed -- $150,000
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 $10,092 $270,700 $85,900 $184,800
2022 $10,113 $270,700 $85,900 $184,800
2021 $10,108 $270,700 $85,900 $184,800
2020 $10,287 $270,700 $85,900 $184,800
2019 $10,181 $270,700 $85,900 $184,800
2018 $9,997 $270,700 $85,900 $184,800
2017 $9,637 $270,700 $85,900 $184,800
2016 $9,312 $270,700 $85,900 $184,800
2015 $8,957 $270,700 $85,900 $184,800
2014 $8,394 $270,700 $85,900 $184,800
Source: Public Records

Map

New Jersey Essex County Newark 07104 Forest Hill

497 Lake St Unit 503, Newark, NJ

This home is located at 497 Lake St Unit 503, Newark, NJ 07104 and is currently estimated at $590,410, approximately $314 per square foot. 497 Lake St Unit 503 is a home located in Essex County with nearby schools including First Avenue Elementary School, Rafael Hernandez School, and Ridge Street Elementary School.

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