NOT LISTED FOR SALE

56 Commonwealth Ave Unit 58 Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $313,786 - $463,000

-- Bed
-- Bath
1,044 Sq Ft
$374/Sq Ft Est. Value

About This Home

This home is located at 56 Commonwealth Ave Unit 58, Newark, NJ 07106 and is currently estimated at $390,697, approximately $374 per square foot. 56 Commonwealth Ave Unit 58 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 4, 2016
Sold by
Downing Aljeanette and Downing Alphonso V
Bought by
Downing Alphonso V
Current Estimated Value
$390,697

Purchase Details

Closed on
Dec 29, 2006
Sold by
Martin Rodnye
Bought by
Downing Delores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2005
Sold by
Blu Financial Grp Inc
Bought by
Martin Rodney and Martin Timiria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 20, 2004
Sold by
Deutsche Bank National Trust
Bought by
Blu Financial Group Inc

Purchase Details

Closed on
Nov 8, 1989
Sold by
Mienkowski Mieczyslaw
Bought by
Robinson Evangeline

Purchase Details

Closed on
Sep 9, 1988
Sold by
Murphy Catherine Executrix
Bought by
Mienkowski Mieczyslaw
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
Downing Alphonso V -- None Available
Downing Delores $260,000 --
Martin Rodney $235,000 --
Blu Financial Group Inc $127,000 --
Robinson Evangeline $90,000 --
Mienkowski Mieczyslaw $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Downing Delores W $260,000
Previous Owner Martin Rodney $211,500
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 $4,146 $111,200 $24,600 $86,600
2022 $4,154 $111,200 $24,600 $86,600
2021 $4,152 $111,200 $24,600 $86,600
2020 $4,226 $111,200 $24,600 $86,600
2019 $4,182 $111,200 $24,600 $86,600
2018 $4,107 $111,200 $24,600 $86,600
2017 $3,959 $111,200 $24,600 $86,600
2016 $3,825 $111,200 $24,600 $86,600
2015 $3,680 $111,200 $24,600 $86,600
2014 $3,448 $111,200 $24,600 $86,600
Source: Public Records

Map

New Jersey Essex County Newark 07106 Lower Vailsburg

56 Commonwealth Ave Unit 58, Newark, NJ

This home is located at 56 Commonwealth Ave Unit 58, Newark, NJ 07106 and is currently estimated at $390,697, approximately $374 per square foot. 56 Commonwealth Ave Unit 58 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary 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