NOT LISTED FOR SALE

16 Belmont Terrace Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $550,000 - $626,000

-- Bed
-- Bath
2,436 Sq Ft
$246/Sq Ft Est. Value

About This Home

This home is located at 16 Belmont Terrace, Newark, NJ 07112 and is currently estimated at $598,540, approximately $245 per square foot. 16 Belmont Terrace is a home located in Essex County with nearby schools including Belmont Runyon School, Peshine Avenue Elementary School, and Hawthorne Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2021
Sold by
16 Belmont Holdings Llc
Bought by
Menczer Joseph
Current Estimated Value
$598,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Outstanding Balance
$323,254
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$275,286

Purchase Details

Closed on
Jun 3, 2021
Sold by
Rosenfeld Clara
Bought by
16 Belmont Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
2.9%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 19, 2016
Sold by
Rosenfeld Ervin
Bought by
Rosenfeld Clara

Purchase Details

Closed on
Dec 29, 2011
Sold by
Levy Alon
Bought by
Rosenfeld Ervin and Rosenfeld Clara

Purchase Details

Closed on
Nov 4, 2011
Sold by
16 Belmont Realty Llc
Bought by
Levy Alon

Purchase Details

Closed on
Jan 4, 2011
Sold by
Levy Alon and Cohen Amir
Bought by
16 Belmont Realty Llc

Purchase Details

Closed on
Sep 23, 2010
Sold by
U S Bank National Association
Bought by
Levy Alon and Cohen Amir

Purchase Details

Closed on
Jul 16, 2010
Sold by
Resio Eliseu
Bought by
U S Bank National Association

Purchase Details

Closed on
Jan 20, 2006
Sold by
Chestnut Builders Llc
Bought by
Resio Eliseu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2003
Sold by
Cunha Jose
Bought by
Chestnut Street Builders

Purchase Details

Closed on
Jan 29, 1999
Sold by
Haven Gold
Bought by
Cunha Jose

Purchase Details

Closed on
Aug 15, 1997
Sold by
Newark
Bought by
Costa Sophia
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Menczer Joseph -- Dekel Abstract Llc
16 Belmont Holdings Llc $300,000 Dekel Abstract Llc
Rosenfeld Clara -- None Available
Rosenfeld Ervin $140,000 Multiple
Levy Alon -- Multiple
16 Belmont Realty Llc -- First Jersey Title Svcs Inc
Levy Alon $51,000 First American Title Ins Co
U S Bank National Association -- Land Title Svcs Of Nj Inc
Resio Eliseu $360,000 --
Chestnut Street Builders $264,999 --
Chestnut Street Builders $264,999 --
Cunha Jose $117,000 --
Costa Sophia $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menczer Joseph $355,000
Closed Menczer Joseph $355,000
Previous Owner 16 Belmont Holdings Llc $425,000
Previous Owner Resio Eliseu $288,000
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
2025 $9,633 $258,400 $21,900 $236,500
2024 $9,633 $258,400 $21,900 $236,500
2023 $9,654 $258,400 $21,900 $236,500
2022 $9,654 $258,400 $21,900 $236,500
2021 $5,168 $138,400 $21,900 $116,500
2020 $5,259 $138,400 $21,900 $116,500
2019 $5,205 $138,400 $21,900 $116,500
2018 $5,111 $138,400 $21,900 $116,500
2017 $4,927 $138,400 $21,900 $116,500
2016 $4,761 $138,400 $21,900 $116,500
2015 $4,580 $138,400 $21,900 $116,500
2014 $4,292 $138,400 $21,900 $116,500
Source: Public Records

Map

New Jersey Essex County Newark 07112 Weequahic

16 Belmont Terrace, Newark, NJ

This home is located at 16 Belmont Terrace, Newark, NJ 07112 and is currently estimated at $598,540, approximately $245 per square foot. 16 Belmont Terrace is a home located in Essex County with nearby schools including Belmont Runyon School, Peshine Avenue Elementary 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.

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