NOT LISTED FOR SALE

597 Clinton Ave Unit 599 Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $836,592

-- Bed
-- Bath
3,886 Sq Ft
$215/Sq Ft Est. Value

About This Home

This home is located at 597 Clinton Ave Unit 599, Newark, NJ 07108 and is currently estimated at $836,592, approximately $215 per square foot. 597 Clinton Ave Unit 599 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Louise A. Spencer School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2022
Sold by
Minaya Inc
Bought by
Otunlape Olusegun and Otunlape Tawa A
Current Estimated Value
$836,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,132
Outstanding Balance
$544,269
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$292,323

Purchase Details

Closed on
Dec 9, 2020
Sold by
Perez Sergio and Perez Surema
Bought by
Minaya Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
2.71%

Purchase Details

Closed on
Jan 10, 2006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
8.89%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 6, 1995
Sold by
Madama Realty
Bought by
Perez Surema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
8.89%

Purchase Details

Closed on
Dec 20, 1994
Sold by
Bank Of America
Bought by
Madonna Realty

Purchase Details

Closed on
Sep 13, 1988
Sold by
Dalessio Thomas J Sheriff
Bought by
Admin Of V A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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

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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
Otunlape Olusegun $600,000 New Title Company Name
Minaya Inc $65,000 --
-- -- --
Perez Surema $30,000 --
Madonna Realty $20,000 --
Admin Of V A $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otunlape Olusegun $589,132
Previous Owner Minaya Inc --
Previous Owner -- $187,500
Previous Owner Perez Surema $21,000
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 -- $420,000 $45,000 $375,000
2024 -- $420,000 $45,000 $375,000
2022 $1,681 $45,000 $45,000 $0
2021 $6,680 $178,900 $15,000 $163,900
2020 $6,798 $178,900 $15,000 $163,900
2019 $6,728 $178,900 $15,000 $163,900
2018 $6,607 $178,900 $15,000 $163,900
2017 $6,369 $178,900 $15,000 $163,900
2016 $6,154 $178,900 $15,000 $163,900
2015 $5,920 $178,900 $15,000 $163,900
2014 $5,548 $178,900 $15,000 $163,900
Source: Public Records

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