$525,000
SOLD SEP 27, 2024
-- Bed
-- Bath
-- Sq Ft
3,485 Sq Ft Lot

Recently Sold

11% Above List Price

74 Days on Market

About This Home

As of September 2024

This home is located at 16 Dover St Unit 18, Newark, NJ 07106 and is currently priced at $525,000. This property was built in 1927. 16 Dover St Unit 18 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

TONI L. BALL

Listed on: 07/04/2024

Last Buyer's Agent

Keith Gilliard

KELLER WILLIAMS PARK VIEWS

KELLER WILLIAMS PARK VIEWS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,069

Year Built

  • Built in 1927

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,069

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Year Built: 1927
  • County Name: Essex
  • Street Number Display: 16
  • I D: 5295789
  • Modified: 2024-09-27
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 33X100
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2024
Closed on
Sep 25, 2024
Sold by
Gibbs Vernee and Coppin Anisah A
Bought by
Guerrier Tristan A
Seller's Agent
TONI L. BALL
Buyer's Agent
Keith Gilliard
KELLER WILLIAMS PARK VIEWS
List Price
$475,000
Sold Price
$525,000
Premium/Discount to List
$50,000
10.53%
Total Days on Market
74
Views
9
Current Estimated Value
$558,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,318
Avg. Annual Appreciation
8.92%
Original Mortgage
$493,487
Outstanding Balance
$490,695
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$67,623

Purchase Details

Closed on
Aug 7, 2006

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
6.88%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Deed $530,000 All Pro Title Group
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $493,487 FHA
Previous Owner $280,800 New Conventional
Previous Owner $255,000 New Conventional
Previous Owner $229,250 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $525,000 +10.5% --
07/17/2024 07/17/24 Off Market $475,000 -- --
07/14/2024 07/14/24 For Sale $475,000 -- --
Source: Garden State 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
2024 $6,069 $162,800 $23,300 $139,500
2022 $6,082 $162,800 $23,300 $139,500
2021 $6,079 $162,800 $23,300 $139,500
2020 $6,186 $162,800 $23,300 $139,500
2019 $6,123 $162,800 $23,300 $139,500
2018 $6,012 $162,800 $23,300 $139,500
2017 $5,796 $162,800 $23,300 $139,500
2016 $5,600 $162,800 $23,300 $139,500
2015 $5,387 $162,800 $23,300 $139,500
2014 $5,048 $162,800 $23,300 $139,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3911460

Garden State MLS

APN: 14-04176-0000-00013