16 3rd St Unit 18 Newark, NJ 07107
Fairmount NeighborhoodEstimated Value: $741,282 - $935,000
3
Beds
2
Baths
3,638
Sq Ft
$234/Sq Ft
Est. Value
About This Home
This home is located at 16 3rd St Unit 18, Newark, NJ 07107 and is currently estimated at $851,821, approximately $234 per square foot. 16 3rd St Unit 18 is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 15, 2020
Sold by
Cig River Rd Llc
Bought by
Garcia Winston R
Current Estimated Value
Purchase Details
Closed on
Jan 4, 2017
Sold by
Schneid Yair
Bought by
Cig River Rd Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,849,000
Interest Rate
4.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Dec 21, 2015
Sold by
Fannie Mae
Bought by
Schneid Yair
Purchase Details
Closed on
Jul 27, 2015
Sold by
Armando B Fontoura Sheriff
Bought by
Federal National Mortgage Assoc
Purchase Details
Closed on
Sep 7, 2006
Sold by
Adepeu Jimmy
Bought by
Abanda Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6.59%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 20, 2004
Sold by
A & A Construction Inc
Bought by
Adepeju Jimmy and Oluku Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,279
Interest Rate
5.88%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Garcia Winston R | $495,000 | Legends Title Llc | |
| Cig River Rd Llc | -- | Belmont Title | |
| Schneid Yair | $114,000 | First American Title | |
| Federal National Mortgage Assoc | $100 | -- | |
| Abanda Michael | $560,000 | -- | |
| Adepeju Jimmy | $435,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cig River Rd Llc | $2,849,000 | |
| Previous Owner | Abanda Michael A | $448,000 | |
| Previous Owner | Abanda Michael A | $84,000 | |
| Previous Owner | Adepeju Jimmy A | $70,000 | |
| Previous Owner | Adepeju Jimmy | $428,279 |
Source: Public Records
Tax History Compared to Growth
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 | $15,676 | $420,500 | $20,600 | $399,900 |
| 2022 | $15,710 | $420,500 | $20,600 | $399,900 |
| 2021 | $15,701 | $420,500 | $20,600 | $399,900 |
| 2020 | $7,600 | $200,000 | $20,600 | $179,400 |
| 2019 | $9,873 | $262,500 | $20,600 | $241,900 |
| 2018 | $10,809 | $292,700 | $20,700 | $272,000 |
| 2017 | $10,420 | $292,700 | $20,700 | $272,000 |
| 2016 | $10,069 | $292,700 | $20,700 | $272,000 |
| 2015 | $9,685 | $292,700 | $20,700 | $272,000 |
| 2014 | $9,077 | $292,700 | $20,700 | $272,000 |
Source: Public Records
Map
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