NOT LISTED FOR SALE

Estimated Value: $624,000 - $796,000

-- Bed
4 Baths
-- Sq Ft
3,219 Sq Ft Lot

Last Sold August 04, 2017

Last sale price $400,000

Est. 73% increase in value since last sale

Current estimated payment $4,642/month

139 Days on Market

About This Home

As of August 2017

This home is located at 54 Chester Ave Unit 2, Newark, NJ 07104 since 11 February 2017 and is currently estimated at $691,797. 54 Chester Ave Unit 2 is a home located in Essex County with nearby schools including Rafael Hernandez School, Elliott Street Elementary School, and Ridge Street Elementary School.

Last Agent to Sell the Property

Alvin Peralta

QUALITY HOMES REAL ESTATE Brokerage Phone: 201-833-6001 Listed on: 02/11/2017

QUALITY HOMES REAL ESTATE

Last Buyer's Agent

Alvin Peralta

QUALITY HOMES REAL ESTATE Brokerage Phone: 201-833-6001 Listed on: 02/11/2017

QUALITY HOMES REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,454

Lot Details

  • 3,219 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,454

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 54
  • I D: 4688141
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 201-833-6001
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 3219 SF
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2017
Closed on
Aug 4, 2017
Sold by
Ramirez Marcos and Baret Leivy
Bought by
Rodriguez Marian and Rodriguez Liz
Seller's Agent
Alvin Peralta
QUALITY HOMES REAL ESTATE
Buyer's Agent
Alvin Peralta
QUALITY HOMES REAL ESTATE
List Price
$379,900
Sold Price
$400,000
Premium/Discount to List
$20,100
5.29%
Current Estimated Value
$691,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,797
Avg. Annual Appreciation
7.35%
Original Mortgage
$392,755
Outstanding Balance
$332,394
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$367,216

Purchase Details

Closed on
May 2, 2013
Sold by
Rad Alexandro
Bought by
Ramirez Marcos

Purchase Details

Closed on
Jun 29, 2011
Sold by
Federal Home Loan Mortgage Corporation and Kapnick Eric S
Bought by
Rad Alexandro

Purchase Details

Closed on
Apr 19, 2010
Sold by
Gonzalez Francisco and Slomin Syd
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Feb 19, 2008
Sold by
Neto Joao and Freitas Maria V
Bought by
Gonazalez Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,100
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2004
Sold by
Torres Jose
Bought by
Neto Joao and Freitas Juliano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,100
Interest Rate
5.47%

Purchase Details

Closed on
Dec 9, 1997
Sold by
J B Construction
Bought by
Satomayor Rosa and Torres Jose

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
7.15%
Source: Public Records

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Range of Values:

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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
Rodriguez Marian $400,000 --
Ramirez Marcos $272,500 --
Ramirez Marcos $272,500 --
Rad Alexandro $91,000 Interstate 1St Title Agency
Federal Home Loan Mortgage Corp -- None Available
Gonazalez Francisco $530,000 None Available
Neto Joao $360,000 --
Satomayor Rosa $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Marian $392,755
Previous Owner Gonazalez Francisco $514,100
Previous Owner Neto Joao $347,900
Previous Owner Neto Joao $347,100
Previous Owner Satomayor Rosa $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $400,000 +5.3% --
06/30/2017 06/30/17 Pending -- -- --
02/11/2017 02/11/17 For Sale $379,900 -- --
Source: Garden State MLS

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 $9,454 $253,600 $24,000 $229,600
2022 $9,475 $253,600 $24,000 $229,600
2021 $9,469 $253,600 $24,000 $229,600
2020 $9,637 $253,600 $24,000 $229,600
2019 $9,538 $253,600 $24,000 $229,600
2018 $9,365 $253,600 $24,000 $229,600
2017 $9,028 $253,600 $24,000 $229,600
2016 $8,724 $253,600 $24,000 $229,600
2015 $8,392 $253,600 $24,000 $229,600
2014 $7,864 $253,600 $24,000 $229,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3363977

Garden State MLS

APN: 14-00618-0000-00003-04