NOT LISTED FOR SALE

51 Demarest St Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $476,000 - $634,000

8 Beds
3 Baths
1,747 Sq Ft
$311/Sq Ft Est. Value

About This Home

This home is located at 51 Demarest St, Newark, NJ 07112 and is currently estimated at $542,614, approximately $310 per square foot. 51 Demarest St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Chancellor Avenue School, and Peshine Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2022
Sold by
Abd Estates Llc
Bought by
924H Llc
Current Estimated Value
$542,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2019
Sold by
K2 Properties Llc
Bought by
Abd Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2011
Sold by
Owb Reo Llc
Bought by
Capital Investment Group 51 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,100
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2010
Sold by
Lonon James and Lonon Amanda R
Bought by
Owb Reo Llc

Purchase Details

Closed on
Oct 6, 1995
Sold by
Americas Dream Homes
Bought by
Lonon James and Lonon Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
7.6%
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
924H Llc $520,000 Old Republic National Title
Abd Estates Llc -- Cross Bridge Title
Abd Estates Llc $205,000 Misc Company
K2 Properties Llc -- Misc Company
Capital Investment Group 51 Llc $65,100 Land Track Title Agency Llc
Owb Reo Llc -- None Available
Lonon James $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 924H Llc $390,000
Previous Owner K2 Properties Llc $176,000
Previous Owner Capital Investment Group 51 Llc $85,100
Previous Owner Lonon James $142,000
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 $6,319 $169,500 $26,300 $143,200
2024 $6,319 $169,500 $26,300 $143,200
2022 $6,333 $169,500 $26,300 $143,200
2021 $6,329 $169,500 $26,300 $143,200
2020 $3,800 $100,000 $26,300 $73,700
2019 $5,013 $133,300 $26,300 $107,000
2018 $4,923 $133,300 $26,300 $107,000
2017 $4,745 $133,300 $26,300 $107,000
2016 $4,586 $133,300 $26,300 $107,000
2015 $4,411 $133,300 $26,300 $107,000
2014 $4,134 $133,300 $26,300 $107,000
Source: Public Records

Map

New Jersey Essex County Newark 07112 Weequahic

51 Demarest St, Newark, NJ

This home is located at 51 Demarest St, Newark, NJ 07112 and is currently estimated at $542,614, approximately $310 per square foot. 51 Demarest St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Chancellor Avenue School, and Peshine Avenue Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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