16 Commonwealth Ave Newark, NJ 07106
Lower Vailsburg NeighborhoodEstimated Value: $376,000 - $454,000
--
Bed
--
Bath
1,404
Sq Ft
$294/Sq Ft
Est. Value
About This Home
This home is located at 16 Commonwealth Ave, Newark, NJ 07106 and is currently estimated at $413,457, approximately $294 per square foot. 16 Commonwealth Ave 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 6, 2005
Sold by
Mohan David
Bought by
Idehen Andrew and Idehen Olayinka
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
$164,000
Outstanding Balance
$90,290
Interest Rate
5.83%
Mortgage Type
New Conventional
Estimated Equity
$295,005
Purchase Details
Closed on
Dec 27, 2004
Sold by
Federal National Mortgage Association
Bought by
Mohan David
Purchase Details
Closed on
May 15, 2000
Sold by
Hammond Henry L
Bought by
Caldwell Thomasa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
8.1%
Purchase Details
Closed on
Dec 14, 1999
Sold by
Birch Tommie
Bought by
Hammond Henry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,131
Interest Rate
7.79%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 6, 1989
Sold by
Cambridge Addington L and Cambridge Phyllis E
Bought by
Birch Tommie and Birch Dorothy
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 |
---|---|---|---|
Idehen Andrew | $205,000 | -- | |
Mohan David | $107,000 | -- | |
Caldwell Thomasa | $118,000 | -- | |
Hammond Henry | $74,200 | -- | |
Birch Tommie | $112,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Idehen Andrew O | $102,000 | |
Closed | Idehen Andrew | $85,000 | |
Open | Idehen Andrew | $164,000 | |
Previous Owner | Caldwell Thomasa | $102,000 | |
Previous Owner | Hammond Henry | $74,131 |
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 | $4,216 | $113,100 | $24,300 | $88,800 |
2022 | $4,225 | $113,100 | $24,300 | $88,800 |
2021 | $4,223 | $113,100 | $24,300 | $88,800 |
2020 | $4,298 | $113,100 | $24,300 | $88,800 |
2019 | $4,254 | $113,100 | $24,300 | $88,800 |
2018 | $4,177 | $113,100 | $24,300 | $88,800 |
2017 | $4,026 | $113,100 | $24,300 | $88,800 |
2016 | $3,891 | $113,100 | $24,300 | $88,800 |
2015 | $3,742 | $113,100 | $24,300 | $88,800 |
2014 | $3,507 | $113,100 | $24,300 | $88,800 |
Source: Public Records
Map
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