NOT LISTED FOR SALE

61 Merchant St Unit 1 Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $507,000 - $606,000

3 Beds
1 Bath
1,568 Sq Ft
$356/Sq Ft Est. Value

About This Home

This home is located at 61 Merchant St Unit 1, Newark, NJ 07105 and is currently estimated at $557,649, approximately $355 per square foot. 61 Merchant St Unit 1 is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Hawkins Street Elementary School, and Oliver Street School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2022
Sold by
Jolanta Tymochko
Bought by
Bermeo Jaime and Valdez-7Hus Karina
Current Estimated Value
$562,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,946
Outstanding Balance
$434,071
Interest Rate
3.69%
Mortgage Type
FHA
Estimated Equity
$123,578

Purchase Details

Closed on
Aug 27, 2018
Sold by
Tymoczko Pearl Est
Bought by
Tymochko Jolanta
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

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.

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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
Bermeo Jaime $481,000 Westcor Land Title
Tymochko Jolanta -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bermeo Jaime $464,946
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 $10,599 $284,300 $67,000 $217,300
2024 $10,599 $284,300 $67,000 $217,300
2022 $6,131 $164,100 $67,000 $97,100
2021 $6,127 $164,100 $67,000 $97,100
2020 $6,236 $164,100 $67,000 $97,100
2019 $6,172 $164,100 $67,000 $97,100
2018 $6,060 $164,100 $67,000 $97,100
2017 $5,842 $164,100 $67,000 $97,100
2016 $5,645 $164,100 $67,000 $97,100
2015 $5,430 $164,100 $67,000 $97,100
2014 $5,089 $164,100 $67,000 $97,100
Source: Public Records

Map

New Jersey Essex County Newark 07105 South Ironbound

61 Merchant St Unit 1, Newark, NJ

This home is located at 61 Merchant St Unit 1, Newark, NJ 07105 and is currently estimated at $557,649, approximately $355 per square foot. 61 Merchant St Unit 1 is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Hawkins Street Elementary School, and Oliver Street School.

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