NOT LISTED FOR SALE

16 Crescent Ave Unit 18 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $592,000 - $676,000

8 Beds
3 Baths
-- Sq Ft
2,731 Sq Ft Lot

Last Sold January 26, 2022

Last sale price $495,000

Est. 31% increase in value since last sale

Current estimated payment $4,405/month

17 Days on Market

About This Home

As of January 2022

Calling all investors & First time Buyers! This is your opportunity to own a well maintained 3 family home in a desired area of Newark

Last Agent to Sell the Property

Jacob Musharbash

Provident Legacy Real Estate Services Listed on: 10/07/2021

Last Buyer's Agent

Spero Kalyoussef

Keller Williams Team Realty

Keller Williams Team Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,670

Lot Details

  • 2,731 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00009 / 03726

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,670

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (201) 809-9925
  • MLS Status: Sold - Sold
  • Directions: Between Chancellor and Keer Ave
  • Architectural Style: 3 Family
  • Year Built Details: 1950's,Build Prior to 1978
  • PropertySubTypeAdditional: Mixedflr
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 8

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected

Lot Info

  • Lot Size Sq Ft: 2731.0

Tax Info

  • Tax Annual Amount: 7670.0
  • Tax Block: 03726
  • Tax Lot: 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2025
Sold by
16 Crescent Ave Nj Llc
Bought by
Crescent 16 Llc
Current Estimated Value
$646,002

Purchase Details

Listed on
Oct 7, 2021
Closed on
Mar 25, 2022
Sold by
Joseph Goldberger
Bought by
16 Crescent Ave Nj Llc
Seller's Agent
Jacob Musharbash
Provident Legacy Real Estate Services
Buyer's Agent
Spero Kalyoussef
Keller Williams Team Realty
List Price
$515,000
Sold Price
$495,000
Premium/Discount to List
-$20,000
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%

Purchase Details

Listed on
Oct 7, 2021
Closed on
Jan 6, 2022
Sold by
Persaud Simbhu and Persaud Latchmin
Bought by
Goldberger Joseph
Seller's Agent
Jacob Musharbash
Provident Legacy Real Estate Services
Buyer's Agent
Spero Kalyoussef
Keller Williams Team Realty
List Price
$515,000
Sold Price
$495,000
Premium/Discount to List
-$20,000
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2008
Sold by
Persaud Simbhu and Persaud Latchmin
Bought by
Persaud Simbhu and Persaud Latchmin

Purchase Details

Closed on
Aug 15, 2008
Sold by
Forman Charles M and Andrews Michael
Bought by
Murray Christopher

Purchase Details

Closed on
Feb 29, 2008
Sold by
Persaud Simbu and Persaud Latchmin
Bought by
Persaud Simbu and Persaud Latchmin

Purchase Details

Closed on
Mar 16, 2006
Sold by
Hud
Bought by
Persaud Simbhu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.32%

Purchase Details

Closed on
Feb 17, 2006
Sold by
Andrews Michael
Bought by
Psre 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
$255,000
Interest Rate
6.32%

Purchase Details

Closed on
Mar 11, 2002
Sold by
Nj Affordable Homes Corp
Bought by
Hughey Robert and Hughey Bendetta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,195
Interest Rate
6.85%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2001
Sold by
Dunlap Lucy
Bought by
Nj Affordable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.6%

Purchase Details

Closed on
Mar 16, 2001
Sold by
Sec Of Hud
Bought by
Dunlap Lucille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,700
Interest Rate
7.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 22, 1998
Sold by
Hud
Bought by
2 Or 3 Gathered Together

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.95%

Purchase Details

Closed on
Nov 6, 1992
Sold by
Grier Raymond and Grier Linda
Bought by
Risher Matthew
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Crescent 16 Llc -- None Listed On Document
16 Crescent Ave Nj Llc -- New Title Company Name
Goldberger Joseph $495,000 Angel Title & Abstract
Persaud Simbhu -- Service Link
Murray Christopher $175,000 None Available
Persaud Simbu -- Service Link
Persaud Simbhu $355,000 --
Psre Holdings Llc $128,000 --
Hughey Robert $218,000 --
Nj Affordable $140,700 --
Dunlap Lucille $128,000 --
2 Or 3 Gathered Together $87,500 --
Risher Matthew $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goldberger Joseph $371,250
Previous Owner Persaud Simbhu $255,000
Previous Owner Hughey Robert $216,195
Previous Owner Nj Affordable $200,000
Previous Owner Dunlap Lucille $148,700
Previous Owner 2 Or 3 Gathered Together $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2022 01/26/22 Sold $495,000 -3.9% --
10/29/2021 10/29/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $515,000 -- --
Source: New Jersey MLS

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 $12,049 $323,200 $30,000 $293,200
2024 $12,049 $323,200 $30,000 $293,200
2022 $8,630 $231,000 $30,000 $201,000
2021 $7,677 $205,600 $30,000 $175,600
2020 $7,813 $205,600 $30,000 $175,600
2019 $7,733 $205,600 $30,000 $175,600
2018 $7,593 $205,600 $30,000 $175,600
2017 $7,319 $205,600 $30,000 $175,600
2016 $7,073 $205,600 $30,000 $175,600
2015 $6,803 $205,600 $30,000 $175,600
2014 $6,376 $205,600 $30,000 $175,600
Source: Public Records

Agents Affiliated with this Home

  • Jacob Musharbash

    Seller's Agent in 2022

    Jacob Musharbash

    Provident Legacy Real Estate Services

    (201) 779-7077

    1 in this area

    26 Total Sales

    Jacob Musharbash
    Section Image
  • Spero Kalyoussef

    Buyer's Agent in 2022

    Spero Kalyoussef

    Keller Williams Team Realty

    (973) 907-4692

    3 in this area

    55 Total Sales

    Spero Kalyoussef
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 21041056

New Jersey MLS

APN: 14-03726-0000-00009

New Jersey Essex County Newark 07112 Weequahic

16 Crescent Ave Unit 18, Newark, NJ

Not Listed for Sale

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