NOT LISTED FOR SALE

54 Melrose Ave Unit 2 Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $412,000 - $551,000

-- Bed
2 Baths
2,260 Sq Ft
$214/Sq Ft Est. Value

About This Home

This home is located at 54 Melrose Ave Unit 2, Newark, NJ 07106 and is currently estimated at $484,765, approximately $214 per square foot. 54 Melrose Ave Unit 2 is a home located in Essex County with nearby schools including Irvington High School and St. John the Baptist Ukraini.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2020
Sold by
Frommell Menachem M
Bought by
Mclroze Kuzmir Llc
Current Estimated Value
$484,765

Purchase Details

Closed on
Dec 2, 2019
Sold by
Melroze Kuzmir Llc
Bought by
Frommell Menachem M

Purchase Details

Closed on
Apr 12, 2019
Sold by
Kina Development Llc
Bought by
Melrose Kuzmir Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
3.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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

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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
Mclroze Kuzmir Llc -- Wellington Abstract Llc
Frommell Menachem M -- None Available
Melrose Kuzmir Llc $218,000 --
Kina Development Llc $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melrose Kuzmir Llc $182,000
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 $6,069 $162,800 $20,800 $142,000
2024 $6,069 $162,800 $20,800 $142,000
2023 $6,082 $162,800 $20,800 $142,000
2022 $6,082 $162,800 $20,800 $142,000
2021 $6,079 $162,800 $20,800 $142,000
2020 $6,186 $162,800 $20,800 $142,000
2019 $6,123 $162,800 $20,800 $142,000
2018 $6,012 $162,800 $20,800 $142,000
2017 $5,796 $162,800 $20,800 $142,000
2016 $5,600 $162,800 $20,800 $142,000
2015 $5,387 $162,800 $20,800 $142,000
2014 $5,048 $162,800 $20,800 $142,000
Source: Public Records

Map

New Jersey Essex County Newark 07106 Lower Vailsburg

54 Melrose Ave Unit 2, Newark, NJ

This home is located at 54 Melrose Ave Unit 2, Newark, NJ 07106 and is currently estimated at $484,765, approximately $214 per square foot. 54 Melrose Ave Unit 2 is a home located in Essex County with nearby schools including Irvington High School and St. John the Baptist Ukraini.

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