NOT LISTED FOR SALE

16 Alexander St Unit 2 Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $564,390 - $658,000

-- Bed
1 Bath
2,416 Sq Ft
$254/Sq Ft Est. Value

About This Home

This home is located at 16 Alexander St Unit 2, Newark, NJ 07106 and is currently estimated at $613,348, approximately $253 per square foot. 16 Alexander St Unit 2 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
May 1, 2023
Sold by
Sankar Shadi
Bought by
Loka Elmedina
Current Estimated Value
$613,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,853
Outstanding Balance
$486,603
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$79,835

Purchase Details

Closed on
Mar 4, 2020
Sold by
Grant Ahadi Y
Bought by
Sankar Shadi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,018
Interest Rate
3.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 2005
Sold by
Levy Stuart
Bought by
Ahadi Grant

Purchase Details

Closed on
Nov 22, 2004
Sold by
Eugene Vichione
Bought by
Levy Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
5.69%

Purchase Details

Closed on
Jul 31, 2002
Sold by
Bell Annette
Bought by
Green Leonard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,650
Interest Rate
6.58%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 14, 2001
Sold by
Wolf Maurice
Bought by
Vecchione Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,682
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 1999
Sold by
Dch Funding
Bought by
Ellis Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,773
Interest Rate
7.61%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 1999
Sold by
Associates Home Equities
Bought by
Dch Funding

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,773
Interest Rate
7.61%
Mortgage Type
FHA

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
Loka Elmedina $505,000 None Listed On Document
Sankar Shadi $379,900 Sunnyside Title Agency Llc
Ahadi Grant $255,000 --
Levy Stuart $205,000 --
Green Leonard $126,000 --
Vecchione Gene $150,000 --
Ellis Robin $150,000 --
Dch Funding $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loka Elmedina $495,853
Previous Owner Sankar Shadi $332,000
Previous Owner Sankar Shadi $373,018
Previous Owner Levy Stuart $194,750
Previous Owner Green Leonard $154,650
Previous Owner Vecchione Gene $147,682
Previous Owner Ellis Robin $148,773
Closed Ahadi Grant $0
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 $11,743 $315,000 $18,600 $296,400
2022 $11,768 $315,000 $18,600 $296,400
2021 $11,762 $315,000 $18,600 $296,400
2020 $7,068 $186,000 $18,600 $167,400
2019 $6,995 $186,000 $18,600 $167,400
2018 $6,869 $186,000 $18,600 $167,400
2017 $6,622 $186,000 $18,600 $167,400
2016 $6,398 $186,000 $18,600 $167,400
2015 $6,155 $186,000 $18,600 $167,400
2014 $5,768 $186,000 $18,600 $167,400
Source: Public Records

Map

New Jersey Essex County Newark 07106 Lower Vailsburg

16 Alexander St Unit 2, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 16 Alexander St Unit 2, Newark, NJ 07106 and is currently estimated at $613,348, approximately $253 per square foot. 16 Alexander St Unit 2 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