NOT LISTED FOR SALE

Estimated Value: $462,000 - $544,000

-- Bed
-- Bath
-- Sq Ft
2,178 Sq Ft Lot

Last Sold August 01, 2023

Last sale price $352,000

Est. 38% increase in value since last sale

Current estimated payment $3,284/month

13 Days on Market

About This Home

As of August 2023

This home is located at 425 S 16th St, Newark, NJ 07103 since 01 March 2023 and is currently estimated at $485,865. This property was built in 1908. 425 S 16th St is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Louise A. Spencer School.

Last Agent to Sell the Property

BETTYE LYONS

KELLER WILLIAMS - NJ METRO GROUP Brokerage Phone: 973-783-7400 Listed on: 03/01/2023

Last Buyer's Agent

Jose Rodriguez

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,646

Year Built

  • Built in 1908

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,646

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Year Built: 1908
  • County Name: Essex
  • Street Number Display: 425
  • I D: 5205997
  • Modified: 2024-08-02
  • Number Images: 1
  • Attribution Contact: 973-783-7400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 20X100
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Jul 25, 2023
Sold by
Joyner Harold W
Bought by
Lizardi Diego
Seller's Agent
BETTYE LYONS
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
Jose Rodriguez
COLDWELL BANKER REALTY
List Price
$315,000
Sold Price
$352,000
Premium/Discount to List
$37,000
11.75%
Views
269
Current Estimated Value
$485,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,865
Avg. Annual Appreciation
17.12%
Original Mortgage
$15,000
Interest Rate
6.67%

Purchase Details

Listed on
Dec 10, 2020
Closed on
Jun 29, 2021
Sold by
Newark Property Owner 2 Llc
Bought by
Joyner Harold W
Seller's Agent
Michael Martinetti
KELLER WILLIAMS REALTY
Buyer's Agent
BETTYE LYONS
KELLER WILLIAMS - NJ METRO GROUP
List Price
$339,000
Sold Price
$330,000
Premium/Discount to List
-$9,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%
Original Mortgage
$0
Interest Rate
2.9%
Mortgage Type
FHA

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
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
Lizardi Diego $352,000 Old Republic National Title
Joyner Harold W $330,000 New Title Company Name
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
Closed Lizardi Diego $15,000
Open Lizardi Diego $334,400
Previous Owner Joyner Harold W $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $352,000 +11.7% --
03/14/2023 03/14/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $315,000 -4.5% --
08/06/2021 08/06/21 Sold $330,000 -2.7% --
05/26/2021 05/26/21 Pending -- -- --
05/18/2021 05/18/21 Price Changed $339,000 0.0% --
05/18/2021 05/18/21 For Sale $339,000 +6.3% --
03/10/2021 03/10/21 Pending -- -- --
03/01/2021 03/01/21 Price Changed $319,000 -1.8% --
02/16/2021 02/16/21 Price Changed $325,000 -1.2% --
02/02/2021 02/02/21 Price Changed $329,000 0.0% --
02/02/2021 02/02/21 For Sale $329,000 -1.5% --
01/13/2021 01/13/21 Pending -- -- --
01/04/2021 01/04/21 Price Changed $334,000 -1.5% --
12/10/2020 12/10/20 For Sale $339,000 -- --
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 $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

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3830847

Garden State MLS

APN: 14-00320-0000-00017