NOT LISTED FOR SALE

511 S 16th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $551,853

3 Beds
4 Baths
2,247 Sq Ft
$246/Sq Ft Est. Value

Sale Details

Date Sold: September 21, 2022

Last sale price $420,000 $187 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,505 / mo

190 Days on Market

Highlights

  • Property is near public transit and shops
  • Interior Lot
  • Utility Room
  • Private Yard
  • Forced Air Heating System
  • Carpet

About This Home

As of September 2022

This home is located at 511 S 16th St, Newark, NJ 07103 since 15 March 2022 and is currently priced at $551,853, approximately $245 per square foot. 511 S 16th St is a home located in Essex County.

Last Agent to Sell the Property

DAWN FISHER

COLDWELL BANKER REALTY Listed on: 03/15/2022

COLDWELL BANKER REALTY
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,452

Lot Details

  • Lot Dimensions are 100.00 x 25.00
  • Interior Lot
  • Private Yard

Parking

  • On-Street Parking

Home Design

Interior Spaces

  • 2,247 Sq Ft Home
  • Insulated Windows
  • Utility Room
  • Carpet
  • Basement Fills Entire Space Under The House
  • Oven or Range

Location

  • Property is near public transit and shops

Utilities

  • Forced Air Heating System
  • Water Heater

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Listing and Financial Details

  • The owner pays for unit 1 owner pays(water), unit 2 owner pays(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,452

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size: 100.00 x 25.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Water Heater(From Furnace), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water)
  • Has Basement: Full, Interior Entry, Utility Room
  • Flooring: Unit 1 Carpet, Unit 2 Carpet
  • Interior Amenities: Unit 1(Dining Room,3 Bedrooms,Kitchen,Laundry Hookup,1 Bath,Living Room), Unit 2(Dining Room,3 Bedrooms,Kitchen,Laundry Hookup,1 Bath,Living Room)
  • Living Area: 2247
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: Near Shopping, Interior Lot, Near Public Transit
  • Exterior Features: Curbs, Sidewalk, Windows - Insulated Pane, Yard

Garage/Parking

  • Parking Features: On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Central - All,Ceiling Fan(s), Unit 1(A/C Central,A/C Unit), Unit 2(A/C Central,A/C Unit)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Tax Info

  • Tax Annual Amount: 6452
  • Tax Year: 2021

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
Aug 22, 2022
Sold by
Bought by
Seller's Agent
DAWN FISHER
COLDWELL BANKER REALTY
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Views
14
Current Estimated Value
$551,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,853
Avg. Annual Appreciation
7.33%
Original Mortgage
$420,000
Outstanding Balance
$395,388
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$156,465

Purchase Details

Listed on
Mar 24, 2020
Closed on
Dec 4, 2020
Sold by
Bought by
Seller's Agent
JOSHUA CARMONA
KELLER WILLIAMS TOWN LIFE
Buyer's Agent
JOSHUA CARMONA
KELLER WILLIAMS TOWN LIFE
List Price
$275,000
Sold Price
$105
Premium/Discount to List
-$274,895
-99.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11033.33%
Original Mortgage
$200,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2011
Sold by
Bought by

Purchase Details

Closed on
May 10, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 28, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 7, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
10.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 4, 2004
Sold by
Bought by

Purchase Details

Closed on
Mar 11, 2002
Sold by
Bought by

Purchase Details

Closed on
Sep 17, 1992
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in West Side, NJ

  • Vera Luna Victoria Real Estate Agent - Society Real Estate

    Vera Luna Victoria

    Society Real Estate

    (908) 402-7091

    30 Total Sales

    1 in West Side

    $270,000 Price

    Vera Luna Victoria
     Section Image
  • Tayllor Cooper Real Estate Agent - COOPER MCKELVEY REAL ESTATE CO.

    Tayllor Cooper

    COOPER MCKELVEY REAL ESTATE CO.

    (908) 320-8447

    26 Total Sales

    4 in West Side

    $350K - $625K Price Range

    Tayllor Cooper
     Section Image
  • Juan Camilo Malagon Real Estate Agent - Keller Williams Park Views

    Juan Camilo Malagon

    Keller Williams Park Views

    (908) 768-3919

    19 Total Sales

    2 in West Side

    $830,000 Price Range

    Juan Camilo Malagon
     Section Image
  • Mackenson Bonnet Real Estate Agent - WEICHERT REALTORS

    Mackenson Bonnet

    WEICHERT REALTORS

    (862) 272-3446

    62 Total Sales

    1 in West Side

    $480,000 Price

    Mackenson Bonnet
     Section Image
  • Cinthia Barton Real Estate Agent - Coldwell Banker, Summit

    Cinthia Barton

    Coldwell Banker, Summit

    (551) 272-3276

    22 Total Sales

    3 in West Side

    $502K - $710K Price Range

    Cinthia Barton
     Section Image
  • Stephen Buch Real Estate Agent - YALE KENT, LLC.

    Stephen Buch

    YALE KENT, LLC.

    (973) 604-2313

    11 Total Sales

    1 in West Side

    $260,000 Price

    Stephen Buch
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$420,000 Intact Title
$105,000 Atlantic Ttl & Setmnt Svc Ll
$175,000 None Available
$16,000 Multiple
-- None Available
$275,000 --
$185,000 --
$28,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $420,000
Previous Owner $200,000
Previous Owner $275,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2022 09/21/22 Sold $420,000 -6.7% $187 / Sq Ft
05/28/2022 05/28/22 Off Market $450,000 -- --
04/27/2022 04/27/22 For Sale $450,000 0.0% $200 / Sq Ft
03/15/2022 03/15/22 For Sale $450,000 +428471.4% $200 / Sq Ft
12/16/2020 12/16/20 Sold $105 -99.9% $0 / Sq Ft View Prior Sale
10/01/2020 10/01/20 Pending -- -- --
09/23/2020 09/23/20 Price Changed $100,000 -63.6% $47 / Sq Ft
03/24/2020 03/24/20 For Sale $275,000 -- $131 / Sq Ft
Source: All Jersey MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,910 $172,800 $31,300 $141,500
2025 $6,910 $172,800 $31,300 $141,500
2024 $6,442 $172,800 $31,300 $141,500
2022 $6,456 $172,800 $31,300 $141,500
2021 $6,452 $172,800 $31,300 $141,500
2020 $6,566 $172,800 $31,300 $141,500
2019 $6,499 $172,800 $31,300 $141,500
2018 $6,382 $172,800 $31,300 $141,500
2017 $6,152 $172,800 $31,300 $141,500
2016 $5,944 $172,800 $31,300 $141,500
2015 $5,718 $172,800 $31,300 $141,500
2014 $5,359 $172,800 $31,300 $141,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    DAWN FISHER

    COLDWELL BANKER REALTY

    (908) 413-4486

    1 in this area

    5 Total Sales

    DAWN FISHER
    Section Image

  • J

    Seller's Agent in 2020

    JOSHUA CARMONA

    KELLER WILLIAMS TOWN LIFE

    (201) 559-5770

    3 in this area

    36 Total Sales

    JOSHUA CARMONA
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2211013R

All Jersey MLS

APN: 14-00334-0000-00024

New Jersey Essex County Newark 07103 West Side

511 S 16th St, Newark, NJ

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