NOT LISTED FOR SALE

116 Prospect St Newark, NJ 07105

Estimated Value: $712,795 - $907,000

-- Bed
-- Bath
3,679 Sq Ft
$219/Sq Ft Est. Value

About This Home

This home is located at 116 Prospect St, Newark, NJ 07105 and is currently estimated at $806,699, approximately $219 per square foot. 116 Prospect St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2007
Sold by
Martins Francisco D and Martins Divanir
Bought by
Zarate Alfredo
Current Estimated Value
$806,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,000
Outstanding Balance
$357,199
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$449,500

Purchase Details

Closed on
May 22, 2002
Sold by
Rosa Carminda
Bought by
Martins Francsco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,490
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
St 116 Prospect

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,000
Interest Rate
9.23%

Purchase Details

Closed on
Jan 17, 1994
Sold by
Holsten Mgt
Bought by
Federal Home Loan Mortgage Corporation

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

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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
Zarate Alfredo $580,000 None Available
Martins Francsco $395,000 --
St 116 Prospect $1,100,000 --
Federal Home Loan Mortgage Corporation $816,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zarate Alfredo $30,849
Open Zarate Alfredo $551,000
Previous Owner Martins Francisco D $422,000
Previous Owner Martins Francisco D $388,136
Previous Owner Martins Francisco D $372,505
Previous Owner Martins Francsco $371,490
Previous Owner St 116 Prospect $930,000
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
2024 $9,395 $252,000 $73,500 $178,500
2022 $9,415 $252,000 $73,500 $178,500
2021 $9,410 $252,000 $73,500 $178,500
2020 $9,576 $252,000 $73,500 $178,500
2019 $9,478 $252,000 $73,500 $178,500
2018 $9,306 $252,000 $73,500 $178,500
2017 $8,971 $252,000 $73,500 $178,500
2016 $8,669 $252,000 $73,500 $178,500
2015 $8,339 $252,000 $73,500 $178,500
2014 $7,815 $252,000 $73,500 $178,500
Source: Public Records

Map

New Jersey Essex County Newark 07105

116 Prospect St, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 116 Prospect St, Newark, NJ 07105 and is currently estimated at $806,699, approximately $219 per square foot. 116 Prospect St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street 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.

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