Seller's Agent in 2023
Dilip Luthra
Realty Mark Central
(609) 273-1212
4 in this area
65 Total Sales
199-201 16th Ave Newark, NJ 07103
West Side NeighborhoodEstimated Value: $417,000 - $443,000
3
Beds
2
Baths
--
Sq Ft
3,049
Sq Ft Lot
About This Home
As of January 2023Well maintained single family Home located within a convenient and accessible neighborhood part of Newark. Location is steps away from the Park. Buyer responsible for C O and all city inspections. SOLD AS IS
Last Buyer's Agent
Outside Agent
Outside Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,582
Lot Details
- 3,206 Sq Ft Lot
- Lot Dimensions are 55 x58
- Rectangular Lot
Parking
- 2 Car Garage
Home Design
- Duplex
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 00054 / 00286
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 12, 2022
Closed on
Jan 19, 2023
Sold by
Bankole Adeola David and Bankole Mariam O
Bought by
Adelaja Olufemi A
Seller's Agent
Dilip Luthra
Realty Mark Central
Buyer's Agent
Outside Agent
Outside Office
List Price
$309,900
Sold Price
$330,000
Premium/Discount to List
$20,100
6.49%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,285
Avg. Annual Appreciation
8.68%
Original Mortgage
$313,500
Outstanding Balance
$301,921
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$127,364
Purchase Details
Listed on
Feb 10, 2014
Closed on
Feb 19, 2014
Sold by
Pirotto Osavaldo and Pirotto Osavaldo
Bought by
Bankole Adeola D and Bankole B
Seller's Agent
ESSIE WILLIAMS
HOWARD HANNA RAND REALTY
Buyer's Agent
ESSIE WILLIAMS
HOWARD HANNA RAND REALTY
Sold Price
$145,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$144,000
Interest Rate
4.52%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 10, 2014
Closed on
Jan 31, 2014
Sold by
Pirotto Osvaldo
Bought by
Bankole Adeola David and Bankole Mariam
Seller's Agent
ESSIE WILLIAMS
HOWARD HANNA RAND REALTY
Buyer's Agent
ESSIE WILLIAMS
HOWARD HANNA RAND REALTY
Sold Price
$145,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.52%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 31, 2013
Sold by
New Jersey Hous & Mt
Bought by
Pirotto Osvaldo
Purchase Details
Closed on
Dec 30, 2011
Sold by
Tolbert Christine
Bought by
New Jersey Housing & Mortgage Finance Ag
Purchase Details
Closed on
Oct 18, 2000
Sold by
Metropolitan United Ministries
Bought by
Peay Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,680
Interest Rate
7.88%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Adelaja Olufemi A | $330,000 | None Listed On Document | |
| Bankole Adeola D | $145,000 | -- | |
| Bankole Adeola D | $145,000 | -- | |
| Bankole Adeola David | -- | None Available | |
| Pirotto Osvaldo | $38,000 | -- | |
| New Jersey Housing & Mortgage Finance Ag | -- | None Available | |
| Peay Mary | $113,680 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Adelaja Olufemi A | $313,500 | |
| Previous Owner | Bankole Adeola D | $144,000 | |
| Previous Owner | Bankole Adeola David | $144,000 | |
| Previous Owner | Peay Mary | $113,680 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/20/2023 01/20/23 | Sold | $330,000 | +6.5% | -- | |
| 12/14/2022 12/14/22 | Pending | -- | -- | -- | |
| 11/12/2022 11/12/22 | For Sale | $309,900 | +113.7% | -- | |
| 02/10/2014 02/10/14 | Sold | $145,000 | +281.6% | -- | View Prior Sale |
| 08/07/2013 08/07/13 | Sold | $38,000 | -- | -- | View Prior Sale |
Source: New Jersey MLS
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 | $5,685 | $149,500 | $26,300 | $123,200 |
| 2024 | $5,573 | $149,500 | $26,300 | $123,200 |
| 2022 | $5,585 | $149,500 | $26,300 | $123,200 |
| 2021 | $5,582 | $149,500 | $26,300 | $123,200 |
| 2020 | $5,681 | $149,500 | $26,300 | $123,200 |
| 2019 | $5,623 | $149,500 | $26,300 | $123,200 |
| 2018 | $5,521 | $149,500 | $26,300 | $123,200 |
| 2017 | $5,322 | $149,500 | $26,300 | $123,200 |
| 2016 | $5,143 | $149,500 | $26,300 | $123,200 |
| 2015 | $4,947 | $149,500 | $26,300 | $123,200 |
| 2014 | $4,636 | $149,500 | $26,300 | $123,200 |
Source: Public Records
Agents Affiliated with this Home
-
Dilip Luthra
-
O
Buyer's Agent in 2023
Outside Agent
Outside Office
-
E
Seller's Agent in 2014
ESSIE WILLIAMS
Rand Realty
-
T
Seller's Agent in 2013
THOMAS CRIVELLO
STATEWIDE ASSET MANAGEMENT
Map
Source: New Jersey MLS
MLS Number: 22041114
APN: 14-00286-0000-00054
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.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2026 New Jersey Multiple Listing Service Inc. All rights reserved.
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