NOT LISTED FOR SALE

61 Sherman Ave Newark, NJ 07114

South Broad Valley Neighborhood

Estimated Value: $636,000 - $783,000

-- Bed
-- Bath
2,426 Sq Ft
$295/Sq Ft Est. Value

About This Home

This home is located at 61 Sherman Ave, Newark, NJ 07114 and is currently estimated at $716,611, approximately $295 per square foot. 61 Sherman Ave is a home located in Essex County with nearby schools including Louise A. Spencer School, Belmont Runyon School, and Peshine Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2010
Sold by
First Class Championship Development Cen
Bought by
Defreitas Gilberto
Current Estimated Value
$716,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,484
Outstanding Balance
$244,543
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$472,068
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.

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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

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
Defreitas Gilberto $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Defreitas Gilberto $362,484
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 $9,581 $257,000 $49,900 $207,100
2024 $9,581 $257,000 $49,900 $207,100
2022 $9,602 $257,000 $49,900 $207,100
2021 $9,596 $257,000 $49,900 $207,100
2020 $9,766 $257,000 $49,900 $207,100
2019 $9,666 $257,000 $49,900 $207,100
2018 $9,491 $257,000 $49,900 $207,100
2017 $9,149 $257,000 $49,900 $207,100
2016 $8,841 $257,000 $49,900 $207,100
2015 $8,504 $257,000 $49,900 $207,100
2014 $7,970 $257,000 $49,900 $207,100
Source: Public Records

Map

New Jersey Essex County Newark 07114 South Broad Valley

61 Sherman Ave, Newark, NJ

This home is located at 61 Sherman Ave, Newark, NJ 07114 and is currently estimated at $716,611, approximately $295 per square foot. 61 Sherman Ave is a home located in Essex County with nearby schools including Louise A. Spencer School, Belmont Runyon School, and Peshine Avenue Elementary School.

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