NOT LISTED FOR SALE

515 S 16th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $537,000 - $970,000

-- Bed
-- Bath
2,187 Sq Ft
$321/Sq Ft Est. Value

Last Sold September 04, 2018

Last sale price $265,000 $121 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $4,405/month

179 Days on Market

About This Home

As of September 2018

This home is located at 515 S 16th St, Newark, NJ 07103 since 06 March 2018 and is currently estimated at $701,565, approximately $320 per square foot. This property was built in 2006. 515 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.

Last Agent to Sell the Property

ESTHER LEE

UNITED REAL ESTATE Brokerage Phone: 973-623-1001 Listed on: 03/06/2018

Last Buyer's Agent

ESTHER LEE

UNITED REAL ESTATE Brokerage Phone: 973-623-1001 Listed on: 03/06/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,217

Year Built

  • Built in 2006

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,217

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Year Built: 2006
  • County Name: Essex
  • Street Number Display: 515
  • I D: 4783640
  • Modified: 2019-09-05
  • Number Images: 1
  • Attribution Contact: 973-623-1001
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2018
Closed on
Aug 16, 2018
Sold by
Betancourt-Diaz Maria O
Bought by
Kelly-Cabrera Eddy S
Seller's Agent
ESTHER LEE
UNITED REAL ESTATE
Buyer's Agent
ESTHER LEE
UNITED REAL ESTATE
List Price
$269,000
Sold Price
$265,000
Premium/Discount to List
-$4,000
-1.49%
Current Estimated Value
$701,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,565
Avg. Annual Appreciation
14.74%
Original Mortgage
$257,850
Outstanding Balance
$223,932
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$477,633

Purchase Details

Closed on
Jun 22, 2012
Sold by
Roma Capital Holdings Llc
Bought by
Betancourt Diaz Maria O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2011
Sold by
480 S Fourteenth Street Llc
Bought by
Roma Capital Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.88%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 8, 2011
Sold by
Bac Home Loans Servicing L P
Bought by
480 S Fourteenth Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
15%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 9, 2010
Sold by
Federal National Mortgage Association
Bought by
Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Jul 23, 2009
Sold by
Cancela Marcelo
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 21, 2007
Sold by
Santana Marcia L
Bought by
Cancela Marcelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,500
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2006
Sold by
Selling Nj Homes Inc
Bought by
Santana Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,200
Interest Rate
7.65%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 18, 2004
Sold by
Antunes Pedro
Bought by
Sellinghomes Inc

Purchase Details

Closed on
Mar 31, 2003
Sold by
Sec Of Housing And Urban Dev
Bought by
Atunes Pedro

Purchase Details

Closed on
May 29, 1992
Sold by
Bell Frederick G and Bell Laura D
Bought by
Mens Gloria and Mens Smith,Jacqueline

Purchase Details

Closed on
Jul 2, 1991
Sold by
Kraus Robert and Kraus Jr Robert G
Bought by
Bell Frederick and Bell Laura

Purchase Details

Closed on
Sep 18, 1990
Sold by
Lowry Avery and Lowry Verlina
Bought by
Kraus Kraus Sr R and Kraus Jr,R
Source: Public Records

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kelly-Cabrera Eddy S $273,000 Foundation Title
Betancourt Diaz Maria O -- None Available
Roma Capital Holdings Llc $250,000 First American Title Ins Co
480 S Fourteenth Street Llc $55,000 First American Title Ins Co
Countrywide Home Loans Servicing Lp -- Accommodation
Federal National Mortgage Association -- None Available
Cancela Marcelo $530,000 New Jersey Title Ins Co
Santana Marcia $394,000 --
Sellinghomes Inc $70,000 --
Atunes Pedro $25,000 --
Mens Gloria $76,000 --
Bell Frederick $24,000 --
Kraus Kraus Sr R $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly-Cabrera Eddy S $257,850
Previous Owner Betancourt Diaz Maria O $140,000
Previous Owner Roma Capital Holdings Llc $100,000
Previous Owner 480 S Fourteenth Street Llc $75,000
Previous Owner Cancela Marcelo $503,500
Previous Owner Santana Marcia $315,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2018 09/04/18 Sold $265,000 -1.5% $121 / Sq Ft
09/01/2018 09/01/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $269,000 -- $123 / Sq Ft
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 $8,217 $220,400 $30,600 $189,800
2024 $8,217 $220,400 $30,600 $189,800
2022 $8,234 $220,400 $30,600 $189,800
2021 $8,230 $220,400 $30,600 $189,800
2020 $8,375 $220,400 $30,600 $189,800
2019 $8,289 $220,400 $30,600 $189,800
2018 $8,139 $220,400 $30,600 $189,800
2017 $7,846 $220,400 $30,600 $189,800
2016 $7,582 $220,400 $30,600 $189,800
2015 $7,293 $220,400 $30,600 $189,800
2014 $6,835 $220,400 $30,600 $189,800
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    ESTHER LEE

    UNITED REAL ESTATE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3451689

Garden State MLS

APN: 14-00334-0000-00022

New Jersey Essex County Newark 07103 West Side

515 S 16th St, Newark, NJ

This home is located at 515 S 16th St, Newark, NJ 07103 since 06 March 2018 and is currently estimated at $701,565, approximately $320 per square foot. This property was built in 2006. 515 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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes