NOT LISTED FOR SALE

55 Nichols St Unit 2 Newark, NJ 07105

Estimated Value: $637,000 - $844,000

4 Beds
2 Baths
1,795 Sq Ft
$401/Sq Ft Est. Value

About This Home

This home is located at 55 Nichols St Unit 2, Newark, NJ 07105 and is currently estimated at $719,922, approximately $401 per square foot. 55 Nichols St Unit 2 is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2022
Sold by
55 Nichols Llc
Bought by
Shafto Carissa and Shafto Patrick
Current Estimated Value
$719,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Outstanding Balance
$419,950
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$299,972

Purchase Details

Closed on
Jun 18, 2021
Sold by
Env Management Llc
Bought by
55 Nichols Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2017
Sold by
Kunjan Sanita
Bought by
Env Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 27, 2017
Sold by
Wells Fargo Bank National Association
Bought by
Kunjan Sanita

Purchase Details

Closed on
Jan 31, 1996
Sold by
Ragonese Theresa
Bought by
Gasavage Reynard and Gasavage Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.1%

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.

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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.

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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

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.

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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
Shafto Carissa $575,000 True Value Title
55 Nichols Llc $415,000 Sunnyside Title
Env Management Llc $165,000 Elite Title Group Llc
Kunjan Sanita $131,250 None Available
Gasavage Reynard $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shafto Carissa $431,250
Previous Owner 55 Nichols Llc $390,000
Previous Owner Env Management Llc $135,000
Previous Owner Env Management Llc $135,000
Previous Owner Gasavage Reynard J $260,500
Previous Owner Gasavage Kimberly $178,000
Previous Owner Gasavage Reynard $100,000
Previous Owner Gasavage Reynard $140,000
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
2024 $11,918 $319,700 $58,500 $261,200
2022 $13,225 $354,000 $58,500 $295,500
2021 $13,218 $354,000 $58,500 $295,500
2020 $15,926 $419,100 $58,500 $360,600
2019 $15,762 $419,100 $58,500 $360,600
2018 $3,715 $100,600 $58,500 $42,100
2017 $3,581 $100,600 $58,500 $42,100
2016 $3,461 $100,600 $58,500 $42,100
2015 $3,329 $100,600 $58,500 $42,100
2014 $3,120 $100,600 $58,500 $42,100
Source: Public Records

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