NOT LISTED FOR SALE

116 Prospect St Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $760,307 - $1,058,000

Studio
-- Bath
4,955 Sq Ft
$187/Sq Ft Est. Value

About This Home

This home is located at 116 Prospect St, Newark, NJ 07105 and is currently estimated at $924,327, approximately $186 per square foot. 116 Prospect St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Hawkins Street Elementary School, and Sir Isaac Newton 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
$953,828

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
$349,372
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$574,955

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Zarate Alfredo $551,000
Previous Owner Martins Francsco $371,490
Previous Owner St 116 Prospect $930,000
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 $9,584 $252,000 $73,500 $178,500
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 South Ironbound

116 Prospect St, Newark, NJ

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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