NOT LISTED FOR SALE

14/16 Gareis St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $502,000 - $752,000

-- Bed
6 Baths
3,360 Sq Ft
$192/Sq Ft Est. Value

About This Home

This home is located at 14/16 Gareis St, Newark, NJ 07103 and is currently estimated at $646,149, approximately $192 per square foot. 14/16 Gareis St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Belmont Runyon School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2021
Sold by
14 16 Garels Street Llc
Bought by
243 245 Meeker Ave Associates Llc
Current Estimated Value
$646,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,107,500
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 7, 2016
Sold by
Zagelbaum Jeffrey and Zagelbaum Jeffrey
Bought by
14 16 Gareis Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 2016
Sold by
Parker Derrick
Bought by
Zagelbaum Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 24, 2008
Sold by
Ampere Development Corp
Bought by
Parker Derrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,687
Interest Rate
5.93%
Mortgage Type
FHA
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
243 245 Meeker Ave Associates Llc -- Successful Abstract
14 16 Gareis Street Llc -- None Available
Zagelbaum Jeffrey $213,000 None Available
Parker Derrick $538,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 243 245 Meeker Ave Associates Llc $2,107,500
Previous Owner 14 16 Gareis Street Llc $230,000
Previous Owner 14 16 Gareis Street Llc $0
Previous Owner 14 16 Gareis Street Llc $160,000
Previous Owner Parker Derrick $537,632
Previous Owner Parker Derrick $529,687
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 $9,417 $252,600 $32,500 $220,100
2022 $9,437 $252,600 $32,500 $220,100
2021 $9,432 $252,600 $32,500 $220,100
2020 $9,599 $252,600 $32,500 $220,100
2019 $9,500 $252,600 $32,500 $220,100
2018 $9,329 $252,600 $32,500 $220,100
2017 $10,167 $285,600 $32,500 $253,100
2016 $9,825 $285,600 $32,500 $253,100
2015 $9,451 $285,600 $32,500 $253,100
2014 $8,856 $285,600 $32,500 $253,100
Source: Public Records

Map

New Jersey Essex County Newark 07103 West Side

14/16 Gareis St, Newark, NJ

This home is located at 14/16 Gareis St, Newark, NJ 07103 and is currently estimated at $646,149, approximately $192 per square foot. 14/16 Gareis St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Belmont Runyon 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