NOT LISTED FOR SALE

56 Chester Ave Newark, NJ 07104

North Broadway Neighborhood

Estimated Value: $738,000 - $1,069,000

6 Beds
4 Baths
-- Sq Ft
3,191 Sq Ft Lot

Last Sold March 24, 2022

Last sale price $600,000

Est. 43% increase in value since last sale

Current estimated payment $5,594/month

14 Days on Market

About This Home

As of March 2022

This home is located at 56 Chester Ave, Newark, NJ 07104 since 26 January 2022 and is currently estimated at $855,702. This property was built in 1998. 56 Chester Ave 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

Celeste Moore

REALTY OF AMERICA Brokerage Phone: 866-201-6210 Listed on: 01/26/2022

REALTY OF AMERICA

Last Buyer's Agent

Celeste Moore

REALTY OF AMERICA Brokerage Phone: 866-201-6210 Listed on: 01/26/2022

REALTY OF AMERICA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,296

Year Built

  • Built in 1998

Lot Details

  • 3,191 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,296

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Year Built: 1998
  • County Name: Essex
  • Street Number Display: 56
  • I D: 5126182
  • Modified: 2023-03-25
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 3191 SF
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2017
Sold by
Tac Capital Llc
Bought by
Manwah Horce and Jallai Param
Current Estimated Value
$855,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,563
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 12, 2015
Closed on
May 9, 2017
Sold by
Janklowicz Alex
Bought by
Tac Capital
Seller's Agent
NORA HADDOW
DAUNNO REALTY SERVICES LLC
Buyer's Agent
Lori Kazanowski
DAUNNO REALTY SERVICES LLC
List Price
$169,900
Sold Price
$185,000
Premium/Discount to List
$15,100
8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.03%

Purchase Details

Listed on
Feb 12, 2015
Closed on
Apr 5, 2017
Sold by
Aviles Rafael
Bought by
Janklowicz Alex
Seller's Agent
NORA HADDOW
DAUNNO REALTY SERVICES LLC
Buyer's Agent
Lori Kazanowski
DAUNNO REALTY SERVICES LLC
List Price
$169,900
Sold Price
$185,000
Premium/Discount to List
$15,100
8.89%

Purchase Details

Closed on
Jan 31, 2005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,550
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 1, 1997
Sold by
J B Construction
Bought by
Aviles Rafael

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
7.11%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Manwah Horce $385,000 --
Tac Capital $189,801 Title Insurance Commitment
Janklowicz Alex $185,000 Title Insurance Commitment
-- -- --
Aviles Rafael $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Manwah Horce $352,563
Previous Owner Aviles Rafael $277,550
Previous Owner Aviles Rafael $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2022 03/24/22 Sold $600,000 +9.1% --
02/09/2022 02/09/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $550,000 +197.3% --
04/13/2017 04/13/17 Sold $185,000 +8.9% --
09/28/2015 09/28/15 Pending -- -- --
02/12/2015 02/12/15 For Sale $169,900 -- --
Source: Garden State MLS

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 $11,296 $303,000 $24,000 $279,000
2024 $11,296 $303,000 $24,000 $279,000
2022 $8,761 $234,500 $24,000 $210,500
2021 $8,756 $234,500 $24,000 $210,500
2020 $8,911 $234,500 $24,000 $210,500
2019 $8,820 $234,500 $24,000 $210,500
2018 $8,660 $234,500 $24,000 $210,500
2017 $8,348 $234,500 $24,000 $210,500
2016 $8,067 $234,500 $24,000 $210,500
2015 $7,760 $234,500 $24,000 $210,500
2014 $7,272 $234,500 $24,000 $210,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Celeste Moore

    REALTY OF AMERICA

    (833) 256-4244

    1 in this area

    54 Total Sales

    Celeste Moore
    Section Image

  • N

    Seller's Agent in 2017

    NORA HADDOW

    DAUNNO REALTY SERVICES LLC

  • Lori Kazanowski

    Seller Co-Listing Agent in 2017

    Lori Kazanowski

    DAUNNO REALTY SERVICES LLC

    (732) 713-4984

    193 Total Sales

    Lori Kazanowski
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3760865

Garden State MLS

APN: 14-00618-0000-00003-05

New Jersey Essex County Newark 07104 North Broadway

56 Chester Ave, Newark, NJ

This home is located at 56 Chester Ave, Newark, NJ 07104 since 26 January 2022 and is currently estimated at $855,702. This property was built in 1998. 56 Chester Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Elliott Street Elementary School, and Ridge Street Elementary School.

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