NOT LISTED FOR SALE

575 Highland Ave Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $657,087 - $780,000

-- Bed
4 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold May 17, 2023

Last sale price $620,000

Est. 16% increase in value since last sale

Current estimated payment $4,947/month

198 Days on Market

About This Home

As of May 2023

This home is located at 575 Highland Ave, Newark, NJ 07104 since 17 September 2022 and is currently estimated at $719,522. This property was built in 1910. 575 Highland Ave is a home located in Essex County with nearby schools including Ridge Street Elementary School, Elliott Street Elementary School, and First Avenue Elementary School.

Last Agent to Sell the Property

Augusto Verissimo

WEICHERT REALTORS - HOME CITY Brokerage Phone: 973-741-3000 Listed on: 09/17/2022

WEICHERT REALTORS - HOME CITY

Last Buyer's Agent

Augusto Verissimo

WEICHERT REALTORS - HOME CITY Brokerage Phone: 973-741-3000 Listed on: 09/17/2022

WEICHERT REALTORS - HOME CITY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,901

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,901

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • County Name: Essex
  • Street Number Display: 575
  • I D: 5178286
  • Modified: 2024-05-18
  • Number Images: 1
  • Attribution Contact: 973-741-3000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2022
Closed on
Apr 25, 2023
Sold by
Garay Tamara V
Bought by
Zimmerman Arie
Seller's Agent
Augusto Verissimo
WEICHERT REALTORS - HOME CITY
Buyer's Agent
Augusto Verissimo
WEICHERT REALTORS - HOME CITY
List Price
$675,000
Sold Price
$620,000
Premium/Discount to List
-$55,000
-8.15%
Total Days on Market
198
Views
236
Current Estimated Value
$719,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,522
Avg. Annual Appreciation
7.53%
Original Mortgage
$637,500
Outstanding Balance
$623,606
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving
Estimated Equity
$95,916

Purchase Details

Closed on
Dec 14, 2007
Sold by
Garay Tamara V and Faraldo Nara
Bought by
Garay Tamara V and Vidal Tamara
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
Zimmerman Arie $620,000 Stewart Title
Garay Tamara V -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerman Arie $637,500
Closed Zimmerman Aric $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2023 05/17/23 Sold $620,000 -8.1% --
04/03/2023 04/03/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $675,000 +8.9% --
03/17/2023 03/17/23 Off Market $620,000 -- --
09/17/2022 09/17/22 For Sale $675,000 -- --
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
2024 $10,901 $292,400 $72,500 $219,900
2022 $10,924 $292,400 $72,500 $219,900
2021 $10,918 $292,400 $72,500 $219,900
2020 $11,111 $292,400 $72,500 $219,900
2019 $10,997 $292,400 $72,500 $219,900
2018 $10,798 $292,400 $72,500 $219,900
2017 $10,409 $292,400 $72,500 $219,900
2016 $10,059 $292,400 $72,500 $219,900
2015 $9,676 $292,400 $72,500 $219,900
2014 $9,067 $292,400 $72,500 $219,900
Source: Public Records

Agents Affiliated with this Home

  • Augusto Verissimo

    Seller's Agent in 2023

    Augusto Verissimo

    WEICHERT REALTORS - HOME CITY

    (973) 420-5317

    8 in this area

    217 Total Sales

    Augusto Verissimo
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3807984

Garden State MLS

APN: 14-00740-0000-00048

New Jersey Essex County Newark 07104 Forest Hill

575 Highland Ave, Newark, NJ

This home is located at 575 Highland Ave, Newark, NJ 07104 since 17 September 2022 and is currently estimated at $719,522. This property was built in 1910. 575 Highland Ave is a home located in Essex County with nearby schools including Ridge Street Elementary School, Elliott Street Elementary School, and First 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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes