16 Alexander St Unit 2 Newark, NJ 07106
Lower Vailsburg NeighborhoodEstimated Value: $603,615 - $658,000
--
Bed
1
Bath
2,416
Sq Ft
$263/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 $634,654, approximately $262 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
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
$482,956
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$132,755
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
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
Average Home Value in this Area
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
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 | $11,743 | $315,000 | $18,600 | $296,400 |
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
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