NOT LISTED FOR SALE

521 S 16th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $360,000 - $568,835

Studio
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: January 14, 2025

Last sale price $430,000

Est. 7% increase in value since last sale

Current estimated payment $2,944 / mo

18 Days on Market

About This Home

As of January 2025

This home is located at 521 S 16th St, Newark, NJ 07103 since 21 November 2024 and is currently estimated at $459,209. This property was built in 1911. 521 S 16th St is a home located in Essex County.

Last Agent to Sell the Property

Erin Downs

COMPASS NEW JERSEY LLC Brokerage Phone: 201-559-5770 Listed on: 11/21/2024

COMPASS NEW JERSEY LLC

Last Buyer's Agent

Erin Downs

COMPASS NEW JERSEY LLC Brokerage Phone: 201-559-5770 Listed on: 11/21/2024

COMPASS NEW JERSEY LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Year Built: 1911
  • County Name: Essex
  • I D: 5321433
  • Attribution Contact: 201-559-5770
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

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
Nov 21, 2024
Closed on
Jan 9, 2025
Sold by
Bought by
Seller's Agent
Erin Downs
COMPASS NEW JERSEY LLC
Buyer's Agent
Erin Downs
COMPASS NEW JERSEY LLC
List Price
$399,000
Sold Price
$430,000
Premium/Discount to List
$31,000
7.77%
Views
55
Current Estimated Value
$459,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,209
Avg. Annual Appreciation
4.33%
Original Mortgage
$420,000
Interest Rate
6.6%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 30, 2016
Sold by
Bought by

Purchase Details

Closed on
May 23, 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
$285,000
Interest Rate
8.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 18, 2005
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 2004
Sold by
Bought by

Purchase Details

Closed on
Aug 14, 2002
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

  • David Borrero Real Estate Agent - RE/MAX HOMELAND REALTORS

    David Borrero

    RE/MAX HOMELAND REALTORS

    (877) 847-1337

    222 Total Sales

    2 in West Side

    $500,000 Price Range

    David Borrero
     Section Image
  • Jamel Driver Real Estate Agent - EXP Realty, LLC

    Jamel Driver

    EXP Realty, LLC

    (866) 792-3606

    23 Total Sales

    4 in West Side

    $280K - $420K Price Range

    Jamel Driver
     Section Image
  • Mitchel Lafortune Real Estate Agent - Essential Real Estate

    Mitchel Lafortune

    Responds Quickly

    Essential Real Estate

    (908) 676-6244

    16 Total Sales

    1 in West Side

    $307,000 Price

    Mitchel Lafortune
     Section Image
  • Gretchen Jones Real Estate Agent - Weichert Realtors, Wayne

    Gretchen Jones

    Weichert Realtors, Wayne

    (973) 348-6122

    1 Total Sale

    1 in West Side

    $605,000 Price

    Gretchen Jones
     Section Image
  • Carlos Alex Jesus Real Estate Agent - VENTURE LLC

    Carlos Alex Jesus

    VENTURE LLC

    (862) 352-7762

    45 Total Sales

    1 in West Side

    $278,000 Price

    Carlos Alex Jesus
     Section Image
  • William Liederman Real Estate Agent - COLDWELL BANKER REALTY

    William Liederman

    COLDWELL BANKER REALTY

    (862) 225-6943

    104 Total Sales

    4 in West Side

    $260K - $625K Price Range

    William Liederman
     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
$430,000 None Listed On Document
$21,500 None Available
$285,000 --
$145,000 --
$88,000 --
$125,000 --
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 $680,000
Closed $420,000
Closed $254,000
Previous Owner $300,545
Previous Owner $285,000
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
01/14/2025 01/14/25 Sold $430,000 +7.8% --
12/09/2024 12/09/24 Pending -- -- --
11/21/2024 11/21/24 For Sale $399,000 -- --
Source: Garden State 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 $6,082 $152,100 $31,300 $120,800
2025 $6,082 $152,100 $31,300 $120,800
2024 $5,670 $152,100 $31,300 $120,800
2022 $5,682 $152,100 $31,300 $120,800
2021 $5,679 $152,100 $31,300 $120,800
2020 $5,780 $152,100 $31,300 $120,800
2019 $5,720 $152,100 $31,300 $120,800
2018 $5,617 $152,100 $31,300 $120,800
2017 $5,415 $152,100 $31,300 $120,800
2016 $5,232 $152,100 $31,300 $120,800
2015 $5,033 $152,100 $31,300 $120,800
2014 $4,717 $152,100 $31,300 $120,800
Source: Public Records

Agents Affiliated with this Home

  • Erin Downs Real Estate Agent - COMPASS NEW JERSEY LLC

    Seller's Agent in 2025

    Erin Downs

    COMPASS NEW JERSEY LLC

    (201) 314-9444

    1 in this area

    143 Total Sales

    Erin Downs
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Map

Source: Garden State MLS

MLS Number: 3935535

Garden State MLS

APN: 14-00334-0000-00019

New Jersey Essex County Newark 07103 West Side

521 S 16th St, Newark, NJ

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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Information deemed reliable but not guaranteed.
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