NOT LISTED FOR SALE

16 Salem St Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $437,000 - $546,000

3 Beds
2 Baths
2,376 Sq Ft
$213/Sq Ft Est. Value

About This Home

Welcome to this completely gut renovated apartment in a convenient area of Newark. This unit has so much space and has a great open concept layout. Offering 3 great sized bedrooms, one of which is a primary with his & her closets and a primary bath. There is an additional full bathroom down the hall for the other 2 bedrooms to share. The large kitchen offers tiled flooring, stainless steel appliances, beautiful quartz countertops with a peninsula and to tie it all in, matching backsplash. There is plenty of cabinet space as well. There is a large living/dining area which also has a decorative fireplace. The entire unit has waterproof luxury vinyl plank flooring with the exception of the kitchen and bathrooms. Finally enjoy piece of mind with new plumbing, electric and central air cooling/ hot forced air heat. You are extremely close to public transportation like bus stops and train stations. You also have eateries, shopping and a laundromat on the corner & much more. Hurry !

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2021
Sold by
City Of Newark
Bought by
16 Salem Street Llc
Current Estimated Value
$507,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,750
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
May 24, 1985
Bought by
Pittman Claude and Knight Rose
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
16 Salem Street Llc $195,100 Acres Land Title Agency Inc
Pittman Claude $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 16 Salem Street Llc $312,000
Previous Owner 16 Salem Street Llc $204,750
Previous Owner Pittman Claude $246,000
Previous Owner Pittman Claude $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2023 10/01/23 Rented $2,350 -6.0% --
05/24/2023 05/24/23 For Rent $2,500 -- --

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 $4,008 $258,900 $15,400 $243,500
2022 $4,016 $107,500 $15,400 $92,100
2021 $2,022 $107,500 $15,400 $92,100
2020 $2,022 $107,500 $15,400 $92,100
2019 $3,938 $107,500 $15,400 $92,100
2018 $3,970 $107,500 $15,400 $92,100
2017 $3,827 $107,500 $15,400 $92,100
2016 $3,698 $107,500 $15,400 $92,100
2015 $3,557 $107,500 $15,400 $92,100
2014 $3,334 $107,500 $15,400 $92,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    DANIEL CUCALON

    Keller Williams City Views Realty

    (201) 658-4891

    3 in this area

    68 Total Sales

    DANIEL CUCALON
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Map

New Jersey Essex County Newark 07106 Lower Vailsburg

16 Salem St, Newark, NJ

This home is located at 16 Salem St, Newark, NJ 07106 and is currently estimated at $507,260, approximately $213 per square foot. 16 Salem St is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon 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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