425 S 16th St Unit 1 Newark, NJ 07103
West Side NeighborhoodEstimated Value: $394,000 - $481,255
2
Beds
1
Bath
2,128
Sq Ft
$208/Sq Ft
Est. Value
About This Home
This home is located at 425 S 16th St Unit 1, Newark, NJ 07103 and is currently estimated at $443,064, approximately $208 per square foot. 425 S 16th St Unit 1 is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Louise A. Spencer School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 22, 2025
Sold by
Lizardi Diego
Bought by
Lee Harley Willis
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,020
Outstanding Balance
$514,020
Interest Rate
6.58%
Estimated Equity
-$70,956
Purchase Details
Closed on
Jul 25, 2023
Sold by
Joyner Harold W
Bought by
Lizardi Diego
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
0.3%
Purchase Details
Closed on
May 27, 2020
Sold by
Brown Petrolla
Bought by
Newark Property Owner 2 Llc
Purchase Details
Closed on
Apr 14, 1989
Sold by
Guarino Ann M and Guarino A
Bought by
Brown Benjamin and Brown Petrolia
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lee Harley Willis | $500,000 | Intact Title | |
| Lizardi Diego | $352,000 | Old Republic National Title | |
| Newark Property Owner 2 Llc | $80,000 | New Jersey Land Title | |
| Brown Benjamin | $10,000 | -- | |
| Brown Benjamin | $10,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lee Harley Willis | $514,020 | |
| Closed | Lee Harley Willis | $514,020 | |
| Previous Owner | Lizardi Diego | $15,000 | |
| Previous Owner | Lizardi Diego | $334,400 |
Source: Public Records
Tax History Compared to Growth
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 | $7,646 | $205,100 | $30,000 | $175,100 |
| 2024 | $7,646 | $205,100 | $30,000 | $175,100 |
| 2022 | $5,421 | $145,100 | $30,000 | $115,100 |
| 2021 | $5,457 | $145,100 | $30,000 | $115,100 |
| 2020 | $5,514 | $145,100 | $30,000 | $115,100 |
| 2019 | $5,457 | $145,100 | $30,000 | $115,100 |
| 2018 | $5,359 | $145,100 | $30,000 | $115,100 |
| 2017 | $5,166 | $145,100 | $30,000 | $115,100 |
| 2016 | $4,991 | $145,100 | $30,000 | $115,100 |
| 2015 | $4,801 | $145,100 | $30,000 | $115,100 |
| 2014 | $4,500 | $145,100 | $30,000 | $115,100 |
Source: Public Records
Map
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