NOT LISTED FOR SALE

55 Chelsea Ave Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $533,000 - $714,000

-- Bed
-- Bath
2,980 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 55 Chelsea Ave, Newark, NJ 07106 and is currently estimated at $607,051, approximately $203 per square foot. 55 Chelsea Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2023
Sold by
Young Willie C and Young Annie R
Bought by
Johnson Taylor D Grier
Current Estimated Value
$607,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,050
Outstanding Balance
$463,444
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$171,829

Purchase Details

Closed on
Jan 29, 1980
Bought by
Young Willie and Young Annie
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
Johnson Taylor D Grier $535,000 Acres Land Title
Young Willie $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Taylor D Grier $139,871
Open Johnson Taylor D Grier $468,050
Previous Owner Young Willie C $124,883
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 $5,502 $232,100 $12,800 $219,300
2024 $5,502 $154,300 $12,800 $141,500
2022 $5,515 $154,300 $12,800 $141,500
2021 $5,512 $154,300 $12,800 $141,500
2020 $5,613 $154,300 $12,800 $141,500
2019 $5,553 $154,300 $12,800 $141,500
2018 $5,448 $154,300 $12,800 $141,500
2017 $5,243 $154,300 $12,800 $141,500
2016 $5,058 $154,300 $12,800 $141,500
2015 $4,856 $154,300 $12,800 $141,500
2014 $4,535 $154,300 $12,800 $141,500
Source: Public Records

Map

New Jersey Essex County Newark 07106 Lower Vailsburg

55 Chelsea Ave, Newark, NJ

This home is located at 55 Chelsea Ave, Newark, NJ 07106 and is currently estimated at $607,051, approximately $203 per square foot. 55 Chelsea Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

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