NOT LISTED FOR SALE

514-516 S 16th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $542,000 - $865,000

-- Bed
-- Bath
2,401 Sq Ft
$281/Sq Ft Est. Value

About This Home

This home is located at 514-516 S 16th St, Newark, NJ 07103 and is currently estimated at $673,600, approximately $280 per square foot. 514-516 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
Sep 29, 2023
Sold by
Breuer Baruch
Bought by
514 S 16Th Street Llc
Current Estimated Value
$673,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Outstanding Balance
$557,987
Interest Rate
7.18%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 25, 2021
Sold by
54 516 Llc
Bought by
Breuer Baruch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,800
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2016
Sold by
514 516 South 16Th St Llc
Bought by
Tacuri Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,932
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 2007
Sold by
Us Bank Na
Bought by
Rose Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,692
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2005
Sold by
Born Asiatic Inc
Bought by
Gibson Melvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,800
Interest Rate
5.79%

Purchase Details

Closed on
Nov 13, 1999
Sold by
Hud
Bought by
Born Asiatic Inc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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
514 S 16Th Street Llc $700,000 None Listed On Document
Breuer Baruch -- Wellington Abstract Llc
Tacuri Michael $335,000 None Available
Rose Henry $219,900 First American Title Ins Co
Gibson Melvin $366,000 --
Born Asiatic Inc $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 514 S 16Th Street Llc $564,000
Previous Owner Breuer Baruch $325,800
Previous Owner 514-516 Llc $262,500
Previous Owner 514-516 Llc $215,000
Previous Owner Tacuri Michael $328,932
Previous Owner Rose Henry $218,692
Previous Owner Gibson Melvin $292,800
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 $5,901 $158,300 $30,000 $128,300
2022 $5,914 $158,300 $30,000 $128,300
2021 $5,911 $158,300 $30,000 $128,300
2020 $6,015 $158,300 $30,000 $128,300
2019 $5,954 $158,300 $30,000 $128,300
2018 $5,846 $158,300 $30,000 $128,300
2017 $5,635 $158,300 $30,000 $128,300
2016 $5,446 $158,300 $30,000 $128,300
2015 $5,238 $158,300 $30,000 $128,300
2014 $4,909 $158,300 $30,000 $128,300
Source: Public Records

Map

New Jersey Essex County Newark 07103 West Side

514-516 S 16th St, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 514-516 S 16th St, Newark, NJ 07103 and is currently estimated at $673,600, approximately $280 per square foot. 514-516 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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