NOT LISTED FOR SALE

318 16th Ave Unit 2R Newark, NJ 07103

West Side Neighborhood

Estimated Value: $661,445 - $920,000

2 Beds
1 Bath
4,550 Sq Ft
$172/Sq Ft Est. Value

About This Home

This home is located at 318 16th Ave Unit 2R, Newark, NJ 07103 and is currently estimated at $784,611, approximately $172 per square foot. 318 16th Ave Unit 2R is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Lincoln Elementary School, and Louise A. Spencer School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2021
Sold by
318 16Th Ave Llc
Bought by
Braun Eliezer Y
Current Estimated Value
$784,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$442,894
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$341,717

Purchase Details

Closed on
Oct 15, 2021
Sold by
318 16Th Ave Llc
Bought by
Capital Stack Fund 3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$442,894
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$341,717

Purchase Details

Closed on
Sep 3, 2021
Sold by
Essex Acquisitions Llc
Bought by
318 16Th Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$442,894
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$341,717

Purchase Details

Closed on
Feb 14, 2017
Sold by
U S Bank Trust Na
Bought by
Early Start Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2007
Sold by
Agbim Mathias
Bought by
Davidson Steadman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2004
Sold by
Jackson Alphonso
Bought by
Abim Mathias

Purchase Details

Closed on
Feb 16, 2001
Sold by
Homefinder Sve Inc
Bought by
Gary Rashida A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,517
Interest Rate
6.93%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 7, 2000
Sold by
Bank Of New York
Bought by
Homefinders Svc

Purchase Details

Closed on
Dec 9, 1996
Sold by
Sosa Juan
Bought by
Smith Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.8%

Purchase Details

Closed on
Nov 10, 1990
Sold by
Sosa Juan and Sosa Bermudez,Isabel
Bought by
Sosa Juan M and Sosa Janet

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Braun Eliezer Y -- Wellington Abstract Llc
Capital Stack Fund 3 Llc -- Stewart Title
318 16Th Ave Llc $550,000 Successful Abstract
Essex Acquisition Llc $420,000 Successful Abstract
Early Start Management Llc $116,000 Gurardian Title
Davidson Steadman $440,000 None Available
Abim Mathias $73,115 --
Gary Rashida A $138,000 --
Homefinders Svc $37,000 --
Homefinders Svc $37,000 --
Smith Robert $59,900 --
Sosa Juan M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braun Eliezer Y $480,000
Previous Owner Essex Acquisition Llc $470,000
Previous Owner Early Start Mgmt Llc $152,950
Previous Owner Early Start Management Llc $105,000
Previous Owner Davidson Steadman $374,000
Previous Owner Gary Rashida A $135,517
Previous Owner Smith Robert $60,000
Source: Public Records

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 $12,287 $329,600 $31,300 $298,300
2022 $9,194 $246,100 $31,300 $214,800
2021 $9,189 $246,100 $31,300 $214,800
2020 $9,352 $246,100 $31,300 $214,800
2019 $9,256 $246,100 $31,300 $214,800
2018 $9,088 $246,100 $31,300 $214,800
2017 $8,761 $246,100 $31,300 $214,800
2016 $8,466 $246,100 $31,300 $214,800
2015 $8,143 $246,100 $31,300 $214,800
2014 $7,632 $246,100 $31,300 $214,800
Source: Public Records

Map

New Jersey Essex County Newark 07103 West Side

318 16th Ave Unit 2R, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 318 16th Ave Unit 2R, Newark, NJ 07103 and is currently estimated at $784,611, approximately $172 per square foot. 318 16th Ave Unit 2R is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Lincoln Elementary School, and Louise A. Spencer 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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