NOT LISTED FOR SALE

54 Cedar Ave Unit 2 Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $558,000 - $697,000

-- Bed
1 Bath
2,716 Sq Ft
$224/Sq Ft Est. Value

About This Home

This home is located at 54 Cedar Ave Unit 2, Newark, NJ 07106 and is currently estimated at $608,014, approximately $223 per square foot. 54 Cedar Ave Unit 2 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Louise A. Spencer School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2025
Sold by
Salifu Ibrahim and Mohammed Salifu Hamidu
Bought by
Beni Krist
Current Estimated Value
$608,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,860
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2023
Sold by
Bellaroad Llc
Bought by
Salifu Ibrahim and Mohammed Salifu Hamidu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,581
Interest Rate
6.71%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2023
Sold by
19 Belaire Road Llc
Bought by
Bellaroad Llc

Purchase Details

Closed on
Jul 9, 2020
Sold by
Thomas Sheldon P
Bought by
19 Belaire Road Llc

Purchase Details

Closed on
Dec 4, 2017
Sold by
Wright Brittany R
Bought by
Thomas Sheldon P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,841
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 2015
Sold by
Secure Equities Llc
Bought by
Wright Brittany

Purchase Details

Closed on
Jun 5, 2014
Sold by
Shade Robert
Bought by
Secure Equities Llc

Purchase Details

Closed on
Jul 14, 2011
Sold by
Cedar Property Associates Llc
Bought by
Shade Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2010
Sold by
Sashi Corporation Inc
Bought by
Cedar Property Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.98%
Mortgage Type
Unknown

Purchase Details

Closed on
May 12, 2010
Sold by
Aurora Loan Services Llc
Bought by
Sashi Corporation Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.98%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 17, 2009
Sold by
Mack Janet
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Mar 24, 2003
Sold by
Cayard Emmanuel
Bought by
Mack Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,880
Interest Rate
5.34%

Purchase Details

Closed on
Apr 25, 1989
Sold by
Perkins James S and Perkins Laura A
Bought by
Cayard Emmanuel B and Cayard Marie L
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
Beni Krist $615,000 Stewart Title Guaranty Company
Salifu Ibrahim $515,000 American Land Title
Bellaroad Llc -- --
19 Belaire Road Llc -- None Available
Thomas Sheldon P $340,000 --
Wright Brittany $260,000 --
Secure Equities Llc $90,000 --
Secure Equities Llc $90,000 --
Shade Robert $255,000 East Coast Title & Settlemen
Cedar Property Associates Llc -- Fidelity Natl Title Ins Co
Sashi Corporation Inc $76,500 Fidelity Natl Title Ins Co
Aurora Loan Services Llc -- None Available
Mack Janet $173,200 --
Cayard Emmanuel B $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beni Krist $603,860
Previous Owner Salifu Ibrahim $510,581
Previous Owner Thomas Sheldon P $333,841
Previous Owner Shade Robert $178,500
Previous Owner Cedar Property Associates Llc $70,000
Previous Owner Cedar Property Associates Llc $80,000
Previous Owner Sashi Corporation Inc $80,000
Previous Owner Mack Janet $260,000
Previous Owner Mack Janet $222,500
Previous Owner Mack Janet $155,880
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 $8,477 $227,400 $12,800 $214,600
2024 $8,477 $227,400 $12,800 $214,600
2022 $8,496 $227,400 $12,800 $214,600
2021 $8,491 $227,400 $12,800 $214,600
2020 $8,641 $227,400 $12,800 $214,600
2019 $8,553 $227,400 $12,800 $214,600
2018 $6,204 $168,000 $12,800 $155,200
2017 $5,981 $168,000 $12,800 $155,200
2016 $5,779 $168,000 $12,800 $155,200
2015 $5,559 $168,000 $12,800 $155,200
2014 $5,210 $168,000 $12,800 $155,200
Source: Public Records

Map

New Jersey Essex County Newark 07106 Lower Vailsburg

54 Cedar Ave Unit 2, Newark, NJ

This home is located at 54 Cedar Ave Unit 2, Newark, NJ 07106 and is currently estimated at $608,014, approximately $223 per square foot. 54 Cedar Ave Unit 2 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Louise A. Spencer 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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