NOT LISTED FOR SALE

53 Demarest St Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $604,000 - $836,000

-- Bed
-- Bath
3,376 Sq Ft
$220/Sq Ft Est. Value

About This Home

This home is located at 53 Demarest St, Newark, NJ 07112 and is currently estimated at $741,987, approximately $219 per square foot. 53 Demarest St is a home 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
Jul 18, 2007
Sold by
Debonair Homes
Bought by
Sonogo Sallimata
Current Estimated Value
$741,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Outstanding Balance
$318,714
Interest Rate
8.75%
Mortgage Type
Unknown
Estimated Equity
$423,273
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
Sonogo Sallimata $540,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sonogo Sallimata $459,000
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 $12,045 $323,100 $29,400 $293,700
2024 $12,045 $323,100 $29,400 $293,700
2022 $12,071 $323,100 $29,400 $293,700
2021 $12,065 $323,100 $29,400 $293,700
2020 $12,278 $323,100 $29,400 $293,700
2019 $12,152 $323,100 $29,400 $293,700
2018 $11,932 $323,100 $29,400 $293,700
2017 $11,502 $323,100 $29,400 $293,700
2016 $11,115 $323,100 $29,400 $293,700
2015 $10,691 $323,100 $29,400 $293,700
2014 $10,019 $323,100 $29,400 $293,700
Source: Public Records

Map

New Jersey Essex County Newark 07112 Weequahic

53 Demarest St, Newark, NJ

This home is located at 53 Demarest St, Newark, NJ 07112 and is currently estimated at $741,987, approximately $219 per square foot. 53 Demarest St is a home 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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