NOT LISTED FOR SALE

54 Chester Ave Unit 2 Newark, NJ 07104

North Broadway Neighborhood

Estimated Value: $659,904 - $900,000

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

Sale Details

Date Sold: August 4, 2017

Last sale price $400,000

Est. 104% increase in value since last sale

Current estimated payment $5,127 / mo

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 $815,476. 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

Lot Details

  • 3,219 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

3,219 Sq Ft Lot

Listing Details

  • County Name: Essex
  • I D: 4688141
  • 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
$815,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,476
Avg. Annual Appreciation
8.48%
Original Mortgage
$392,755
Outstanding Balance
$326,925
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$488,551

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $347,100
Previous Owner Satomayor Rosa $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $9,644 $253,600 $24,000 $229,600
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

  • Alvin Peralta

    Seller's Agent in 2017

    Alvin Peralta

    RE/MAX

    (201) 788-8401

    1 in this area

    35 Total Sales

    Alvin Peralta
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3363977

Garden State MLS

APN: 14-00618-0000-00003-04

New Jersey Essex County Newark 07104 North Broadway

54 Chester Ave Unit 2, Newark, NJ

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.