NOT LISTED FOR SALE

589 Martin Luther King jr Blvd Newark, NJ 07102

Springfield-Belmont Neighborhood

Estimated Value: $485,000 - $532,435

-- Bed
-- Bath
2,426 Sq Ft
$207/Sq Ft Est. Value

About This Home

This home is located at 589 Martin Luther King jr Blvd, Newark, NJ 07102 and is currently estimated at $501,359, approximately $206 per square foot. 589 Martin Luther King jr Blvd is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Oliver Street School, and Cleveland Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2001
Sold by
Mortgage Lenders
Bought by
Lafayette Inc
Current Estimated Value
$506,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.72%

Purchase Details

Closed on
Jul 19, 1990
Sold by
Whigam Robert
Bought by
Whigham Albert
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Lafayette Inc $80,000 --
Whigham Albert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magloire Jacques $184,000
Closed Magloire Jacques $46,000
Closed Magloire Jacques $50,000
Closed Lafayette Inc $72,000
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
2025 $5,081 $136,300 $38,000 $98,300
2024 $5,081 $136,300 $38,000 $98,300
2022 $5,092 $136,300 $38,000 $98,300
2021 $5,089 $136,300 $38,000 $98,300
2020 $5,179 $136,300 $38,000 $98,300
2019 $5,126 $136,300 $38,000 $98,300
2018 $5,034 $136,300 $38,000 $98,300
2017 $4,852 $136,300 $38,000 $98,300
2016 $4,689 $136,300 $38,000 $98,300
2015 $4,510 $136,300 $38,000 $98,300
2014 $4,227 $136,300 $38,000 $98,300
Source: Public Records

Map

New Jersey Essex County Newark 07102 Springfield-Belmont

589 Martin Luther King jr Blvd, Newark, NJ

This home is located at 589 Martin Luther King jr Blvd, Newark, NJ 07102 and is currently estimated at $501,359, approximately $206 per square foot. 589 Martin Luther King jr Blvd is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Oliver Street School, and Cleveland Elementary School.

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