NOT LISTED FOR SALE

540 15th Ave Unit 2 Newark, NJ 07103

West Side Neighborhood

Estimated Value: $720,000 - $1,128,000

3 Beds
2 Baths
3,400 Sq Ft
$255/Sq Ft Est. Value

About This Home

This home is located at 540 15th Ave Unit 2, Newark, NJ 07103 and is currently estimated at $867,727, approximately $255 per square foot. 540 15th Ave Unit 2 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Belmont Runyon School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2006
Sold by
Fowora Adenike
Bought by
Alaka Moriam
Current Estimated Value
$867,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 23, 2005
Sold by
Ampere Development Corp
Bought by
Fowora Adenike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,600
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 26, 1990
Sold by
Hud
Bought by
City Of Newark
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.

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
Alaka Moriam $535,000 --
Fowora Adenike $392,000 --
City Of Newark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alaka Moriam A $111,000
Previous Owner Alaka Moriam $424,000
Previous Owner Fowora Adenike L $98,000
Previous Owner Fowora Adenike $313,600
Previous Owner Ampere Development Corp $225,000
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 $10,252 $275,000 $32,500 $242,500
2024 $10,252 $275,000 $32,500 $242,500
2022 $10,274 $275,000 $32,500 $242,500
2021 $10,269 $275,000 $32,500 $242,500
2020 $10,450 $275,000 $32,500 $242,500
2019 $10,343 $275,000 $32,500 $242,500
2018 $10,156 $275,000 $32,500 $242,500
2017 $9,790 $275,000 $32,500 $242,500
2016 $9,460 $275,000 $32,500 $242,500
2015 $9,960 $301,000 $32,500 $268,500
2014 $9,334 $301,000 $32,500 $268,500
Source: Public Records

Map

New Jersey Essex County Newark 07103 West Side

540 15th Ave Unit 2, Newark, NJ

This home is located at 540 15th Ave Unit 2, Newark, NJ 07103 and is currently estimated at $867,727, approximately $255 per square foot. 540 15th Ave Unit 2 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Belmont Runyon 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.

Nearby Homes