T
Seller's Agent in 2025
TIFFENY NICOLE FORREST
COMPASS NEW JERSEY LLC
513 S 16th St Unit 2 Newark, NJ 07103
West Side Neighborhood
--
Bed
--
Bath
--
Sq Ft
2,614
Sq Ft Lot
About This Home
As of July 2025This home is located at 513 S 16th St Unit 2, Newark, NJ 07103 and is currently priced at $700,000. This property was built in 1911. 513 S 16th St Unit 2 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Lincoln Elementary School.
Last Agent to Sell the Property
TIFFENY NICOLE FORREST
COMPASS NEW JERSEY LLC Brokerage Phone: 201-559-5770 Listed on: 04/22/2025
Last Buyer's Agent
STEVEN HENRIQUES
KELLER WILLIAMS - NJ METRO GROUP
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,895
Year Built
- Built in 1911
Lot Details
- 2,614 Sq Ft Lot
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2025
Closed on
Jun 25, 2025
Sold by
Obour Yaw and Brown Krystal
Bought by
Ajetunmobi Abel G and Ajetunmobi Olanrewaju T
Seller's Agent
TIFFENY NICOLE FORREST
COMPASS NEW JERSEY LLC
Buyer's Agent
STEVEN HENRIQUES
KELLER WILLIAMS - NJ METRO GROUP
List Price
$699,000
Sold Price
$700,000
Premium/Discount to List
$1,000
0.14%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,906
Avg. Annual Appreciation
-9.47%
Original Mortgage
$676,637
Outstanding Balance
$675,008
Interest Rate
5%
Mortgage Type
FHA
Estimated Equity
$5,086
Purchase Details
Closed on
Feb 6, 2024
Sold by
Jay Twar Group
Bought by
Obour Yaw and Brown Krystal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,408
Interest Rate
6.75%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 5, 2022
Sold by
City Of Newark
Bought by
Jaytwar Group Llc
Purchase Details
Closed on
Jan 15, 2008
Sold by
513 S 16Th Street Associates Llc
Bought by
Gandhi Mayank
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,500
Interest Rate
6.13%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 1, 2006
Sold by
New York Affordable Project
Bought by
513 S 16Th Assoc Llc
Purchase Details
Closed on
Aug 12, 2003
Sold by
Discount Homes R Us Inc
Bought by
New York Affordable Project Ma
Purchase Details
Closed on
Apr 25, 1991
Sold by
The Oxford Finance Companies Inc
Bought by
Clark David L and Clark Addie O
Purchase Details
Closed on
Apr 3, 1990
Sold by
Dalessio Thomas J Sheriff
Bought by
Oxford Finance Cos Inc
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $700,000 | Stewart Title Guaranty Company | |
| Deed | $640,000 | None Listed On Document | |
| Quit Claim Deed | $25,000 | None Listed On Document | |
| Bargain Sale Deed | $360,000 | Chicago Title Insurance Co | |
| Deed | $107,250 | -- | |
| Deed | $67,061 | -- | |
| Deed | $66,200 | -- | |
| Sheriffs Deed | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $676,637 | FHA | |
| Previous Owner | $628,408 | FHA | |
| Previous Owner | $349,500 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Sold | $700,000 | +0.1% | -- |
| 05/07/2025 05/07/25 | Pending | -- | -- | -- |
| 04/22/2025 04/22/25 | For Sale | $699,000 | -- | -- |
Source: Garden State MLS
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 | $4,895 | $314,300 | $31,300 | $283,000 |
| 2024 | $4,895 | $131,300 | $31,300 | $100,000 |
| 2022 | $0 | $131,300 | $31,300 | $100,000 |
| 2021 | $0 | $131,300 | $31,300 | $100,000 |
| 2020 | $0 | $131,300 | $31,300 | $100,000 |
| 2019 | $4,674 | $131,300 | $31,300 | $100,000 |
| 2018 | $0 | $131,300 | $31,300 | $100,000 |
| 2017 | $4,674 | $131,300 | $31,300 | $100,000 |
| 2016 | $4,517 | $131,300 | $31,300 | $100,000 |
| 2015 | $4,345 | $131,300 | $31,300 | $100,000 |
| 2014 | $4,072 | $131,300 | $31,300 | $100,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
S
Buyer's Agent in 2025
STEVEN HENRIQUES
KELLER WILLIAMS - NJ METRO GROUP
Map
Source: Garden State MLS
MLS Number: 3958111
APN: 14-00334-0000-00023
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