NOT LISTED FOR SALE

508 S 16th St Newark, NJ 07103

West Side Neighborhood
-- Bed
-- Bath
2,489 Sq Ft
3,311 Sq Ft Lot

About This Home

This home is located at 508 S 16th St, Newark, NJ 07103. 508 S 16th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Lincoln Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
City Of Newark
Bought by
Gateway Property Development Llc

Purchase Details

Closed on
Jan 12, 2009
Sold by
Homecomings Financial Llc
Bought by
Demarzino Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2007
Sold by
Brookins Jamie
Bought by
Homecomings Financial Network

Purchase Details

Closed on
Nov 9, 2005
Sold by
Acolatse Philip
Bought by
Brookins Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
8.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 17, 2005
Sold by
Madison Abdul
Bought by
Acolatse Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
8.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 22, 2002
Sold by
Hicks Zora
Bought by
Obie Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.05%

Purchase Details

Closed on
Dec 29, 1992
Sold by
Hicks Zora
Bought by
Hicks Zora and Hicks Mae

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
Gateway Property Development Llc $13,184 None Listed On Document
Demarzino Realty Llc $35,000 Multiple
Homecomings Financial Network $221,100 None Available
Brookins Jamie $285,000 --
Acolatse Phillip $215,000 --
Obie Wanda $115,000 --
Hicks Zora -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demarzino Realty Llc $104,800
Previous Owner Brookins Jamie $228,000
Previous Owner Brookins Jamie $57,000
Previous Owner Acolatse Phillip $193,500
Previous Owner Obie Wanda $92,000
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 -- $33,200 $32,100 $1,100
2022 -- $33,200 $32,100 $1,100
2021 $0 $33,200 $32,100 $1,100
2020 $0 $33,200 $32,100 $1,100
2019 $0 $76,000 $32,100 $43,900
2018 $0 $76,000 $32,100 $43,900
2017 $0 $152,300 $32,100 $120,200
2016 $0 $152,300 $32,100 $120,200
2015 -- $152,300 $32,100 $120,200
2014 -- $152,300 $32,100 $120,200
Source: Public Records

Map

New Jersey Essex County Newark 07103 West Side

508 S 16th St, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 508 S 16th St, Newark, NJ 07103. 508 S 16th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Lincoln 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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