NOT LISTED FOR SALE

85 Chelsea Ave Unit 3 Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $566,000 - $776,000

8 Beds
3 Baths
3,116 Sq Ft
$209/Sq Ft Est. Value

About This Home

This home is located at 85 Chelsea Ave Unit 3, Newark, NJ 07106 and is currently estimated at $652,043, approximately $209 per square foot. 85 Chelsea Ave Unit 3 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2023
Sold by
Ramirez Victor M Garcia and Campoverde Gloria B
Bought by
Romero Rene Edwin
Current Estimated Value
$681,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
7.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2021
Sold by
Schneider Oded
Bought by
Garcia Ramirez M Victor and Lopez Campoverde Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,417
Interest Rate
3.05%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2021
Sold by
Schneider Oded
Bought by
Ramirez Victor M Garcia and Campoverde Gloria B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,417
Interest Rate
3.05%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2019
Sold by
Davidson Keith and Diaz-Davidson Ana
Bought by
Pbm Investment Llc

Purchase Details

Closed on
Jan 6, 2017
Sold by
85 87 Chelsea Llc
Bought by
Davidson Keith and Diaz Davidson Ana

Purchase Details

Closed on
Sep 12, 2016
Sold by
Chelsea Rvo Llc
Bought by
85-87 Chelsea Llc

Purchase Details

Closed on
Oct 16, 2012
Sold by
Romeo Anthony
Bought by
Chelsea Rvo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,637
Interest Rate
3.56%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 2012
Sold by
85-87 Chelsea Associates Llc
Bought by
Romeo Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,637
Interest Rate
3.56%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
85-87 Chelsea Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
14%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 18, 2009
Sold by
Jones Lance and Jones Lance
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Sep 5, 2006
Sold by
Ringo Oscar
Bought by
Jones Lance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.39%

Purchase Details

Closed on
Jan 29, 2001
Sold by
Herrera Imelda
Bought by
Ringo Oscar and Ringo Shirlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.15%
Mortgage Type
VA

Purchase Details

Closed on
Feb 26, 1999
Sold by
Merant Philip
Bought by
Fuentes Ivan and Herrera Imelda

Purchase Details

Closed on
May 27, 1988
Sold by
Merant Philip
Bought by
Merant Philip
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
Romero Rene Edwin $600,000 First American Title
Garcia Ramirez M Victor $500,000 Foundation Title
Ramirez Victor M Garcia $500,000 Foundation Title Llc
Pbm Investment Llc $345,000 Simlicity Title
Davidson Keith $350,000 Titlevest Agency Inc
85-87 Chelsea Llc -- None Available
Chelsea Rvo Llc -- None Available
Romeo Anthony $275,000 First American Title Ins Co
85-87 Chelsea Associates Llc $71,000 Multiple
Deutsche Bank National Trust Company -- None Available
Jones Lance $375,000 --
Ringo Oscar $150,000 --
Fuentes Ivan $37,000 --
Merant Philip -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romero Rene Edwin $570,000
Previous Owner Garcia Ramirez M Victor $489,417
Previous Owner Ramirez Victor M Garcia $489,417
Previous Owner Diaz Davidson Ana $262,500
Previous Owner Romeo Anthony $269,637
Previous Owner 85-87 Chelsea Associates Llc $145,000
Previous Owner Jones Lance $300,000
Previous Owner Ringo Osca $280,500
Previous Owner Ringo Oscar $259,250
Previous Owner Ringo Oscar $228,000
Previous Owner Ringo Oscar $153,000
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 $12,463 $334,300 $12,800 $321,500
2024 $12,463 $334,300 $12,800 $321,500
2022 $10,274 $275,000 $12,800 $262,200
2021 $10,269 $275,000 $12,800 $262,200
2020 $10,450 $275,000 $12,800 $262,200
2019 $9,278 $246,700 $12,800 $233,900
2018 $9,111 $246,700 $12,800 $233,900
2017 $8,783 $246,700 $12,800 $233,900
2016 $8,486 $246,700 $12,800 $233,900
2015 $8,163 $246,700 $12,800 $233,900
2014 $7,650 $246,700 $12,800 $233,900
Source: Public Records

Map

New Jersey Essex County Newark 07106 Lower Vailsburg

85 Chelsea Ave Unit 3, Newark, NJ

This home is located at 85 Chelsea Ave Unit 3, Newark, NJ 07106 and is currently estimated at $652,043, approximately $209 per square foot. 85 Chelsea Ave Unit 3 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne 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.

Nearby Homes