57 Commonwealth Ave Newark, NJ 07106
Lower Vailsburg NeighborhoodEstimated Value: $426,000 - $533,919
--
Bed
--
Bath
1,512
Sq Ft
$321/Sq Ft
Est. Value
About This Home
This home is located at 57 Commonwealth Ave, Newark, NJ 07106 and is currently estimated at $484,730, approximately $320 per square foot. 57 Commonwealth 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
Apr 25, 2025
Sold by
Vargas Connie
Bought by
Rijo Alexis I and Rodriguez Jaden
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$472,892
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$11,838
Purchase Details
Closed on
May 4, 2022
Sold by
57 Commonwealth Ave Llc
Bought by
Vargas Connie
Purchase Details
Closed on
Nov 16, 2021
Sold by
Boniecki Christine
Bought by
57 Commonwealth Ave Llc
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rijo Alexis I | $500,000 | Mega Title | |
| Vargas Connie | $450,000 | Atlantic Title & Settlement | |
| 57 Commonwealth Ave Llc | $175,000 | Atlantic Ttl & Stlmt Svc Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rijo Alexis I | $475,000 |
Source: Public Records
Tax History Compared to Growth
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 | $12,049 | $323,200 | $23,800 | $299,400 |
| 2024 | $12,049 | $323,200 | $23,800 | $299,400 |
| 2022 | $4,554 | $121,900 | $23,800 | $98,100 |
| 2021 | $4,552 | $121,900 | $23,800 | $98,100 |
| 2020 | $4,632 | $121,900 | $23,800 | $98,100 |
| 2019 | $4,585 | $121,900 | $23,800 | $98,100 |
| 2018 | $4,502 | $121,900 | $23,800 | $98,100 |
| 2017 | $4,340 | $121,900 | $23,800 | $98,100 |
| 2016 | $4,193 | $121,900 | $23,800 | $98,100 |
| 2015 | $4,034 | $121,900 | $23,800 | $98,100 |
| 2014 | $3,780 | $121,900 | $23,800 | $98,100 |
Source: Public Records
Map
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