NOT LISTED FOR SALE

16 Montrose St Newark, NJ 07106

Upper Vailsburg Neighborhood

Estimated Value: $456,000 - $662,000

4 Beds
2 Baths
-- Sq Ft
37 Sq Ft Lot

Last Sold March 07, 2022

Last sale price $440,000

Est. 40% increase in value since last sale

Current estimated payment $4,295/month

11 Days on Market

About This Home

As of March 2022

This home is located at 16 Montrose St, Newark, NJ 07106 since 12 January 2022 and is currently estimated at $566,855. This property was built in 1918. 16 Montrose St 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

ERIC MELO

REAL Brokerage Phone: 866-201-6210 Listed on: 01/12/2022

Last Buyer's Agent

Ami Yazmin Cruz

EXP REALTY, LLC

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,374

Year Built

  • Built in 1918

Lot Details

  • 37 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,374

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Year Built: 1918
  • County Name: Essex
  • Street Number Display: 16
  • I D: 5118683
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 37.6X100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2019
Closed on
Feb 6, 2020
Sold by
Nohar Gabriel P
Bought by
Melo Eric
Seller's Agent
Rodney Fontil
HEARTH REALTY GROUP LLC
Buyer's Agent
Rodney Fontil
HEARTH REALTY GROUP LLC
List Price
$389,999
Sold Price
$355,000
Premium/Discount to List
-$34,999
-8.97%
Current Estimated Value
$614,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,177
Original Mortgage
$348,570
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 19, 2017
Closed on
Feb 15, 2018
Sold by
Banks Cassandra E and Banks Robert G
Bought by
Nohar Gabriel P
Seller's Agent
OLIVIA HOWARD
EXIT PLATINUM REALTY
Buyer's Agent
OLIVIA HOWARD
EXIT PLATINUM REALTY
List Price
$180,000
Sold Price
$165,000
Premium/Discount to List
-$15,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.25%

Purchase Details

Closed on
Apr 29, 1983
Bought by
Banks Cassandra and Lewis Johanna
Source: Public Records

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 Buyer Sale Price Title Company
Melo Eric $355,000 Stewart Title
Nohar Gabriel P $165,000 --
Banks Cassandra $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melo Eric $348,570
Previous Owner Banks Cassandra $71,365
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $440,000 -2.0% --
02/01/2022 02/01/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $449,000 +26.5% --
02/06/2020 02/06/20 Sold $355,000 -9.0% --
12/23/2019 12/23/19 Pending -- -- --
12/13/2019 12/13/19 For Sale $389,999 +136.4% --
02/15/2018 02/15/18 Sold $165,000 -8.3% --
12/18/2017 12/18/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $180,000 -- --
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
2025 $11,374 $305,100 $24,000 $281,100
2024 $11,374 $305,100 $24,000 $281,100
2022 $9,781 $261,800 $24,000 $237,800
2021 $9,776 $261,800 $24,000 $237,800
2020 $6,209 $163,400 $24,000 $139,400
2019 $6,145 $163,400 $24,000 $139,400
2018 $6,034 $163,400 $24,000 $139,400
2017 $5,817 $163,400 $24,000 $139,400
2016 $5,621 $163,400 $24,000 $139,400
2015 $5,407 $163,400 $24,000 $139,400
2014 $5,067 $163,400 $24,000 $139,400
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    ERIC MELO

    REAL

  • A

    Buyer's Agent in 2022

    Ami Yazmin Cruz

    EXP REALTY, LLC

    (908) 340-7107

    1 in this area

    100 Total Sales

    Section Image

  • R

    Seller's Agent in 2020

    Rodney Fontil

    HEARTH REALTY GROUP LLC

    (973) 913-5055

    40 Total Sales

    Section Image

  • O

    Seller's Agent in 2018

    OLIVIA HOWARD

    EXIT PLATINUM REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3758822

Garden State MLS

APN: 14-04178-0000-00010

New Jersey Essex County Newark 07079 Upper Vailsburg

16 Montrose St, Newark, NJ

This home is located at 16 Montrose St, Newark, NJ 07106 since 12 January 2022 and is currently estimated at $566,855. This property was built in 1918. 16 Montrose St is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

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