Seller's Agent in 2024
KIM PRIMUS
RE/MAX
(347) 262-8561
1 in this area
89 Total Sales
525 S 16th St Newark, NJ 07103
West Side NeighborhoodEstimated Value: $420,000 - $613,537
--
Bed
--
Bath
--
Sq Ft
2,614
Sq Ft Lot
About This Home
As of February 2024This home is located at 525 S 16th St, Newark, NJ 07103 since 23 January 2024 and is currently estimated at $548,384. This property was built in 1911. 525 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
RE/MAX DIAMOND REALTORS Brokerage Phone: 732-297-1100 Listed on: 01/23/2024
Last Buyer's Agent
RE/MAX DIAMOND REALTORS Brokerage Phone: 732-297-1100 Listed on: 01/23/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,608
Year Built
- Built in 1911
Lot Details
- 2,614 Sq Ft Lot
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 23, 2024
Closed on
Feb 14, 2024
Sold by
Brooks Anthony B
Bought by
525 South 16 Llc
Seller's Agent
KIM PRIMUS
RE/MAX DIAMOND REALTORS
Buyer's Agent
KIM PRIMUS
RE/MAX DIAMOND REALTORS
List Price
$500,000
Sold Price
$500,000
Views
24
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
$48,384
Avg. Annual Appreciation
6.10%
Purchase Details
Closed on
Jul 13, 2021
Sold by
Mango Management Llc
Bought by
Brooks Anthony B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,982
Interest Rate
3%
Mortgage Type
FHA
Purchase Details
Listed on
Jan 27, 2020
Closed on
Oct 19, 2020
Sold by
Residential Capital Management Group Lp
Bought by
Mango Management Llc
Seller's Agent
JASON ALAN AMENDOLIA
CENTURY 21 PREFERRED REALTY, INC
Buyer's Agent
CYNTHIA WOODY JORDAN
RE/MAX FIRST REALTY II
List Price
$145,000
Sold Price
$160,000
Premium/Discount to List
$15,000
10.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.85%
Original Mortgage
$249,000
Interest Rate
2.8%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 12, 2008
Sold by
James Raquel
Bought by
Icon Financial Services Inc
Purchase Details
Closed on
Jul 26, 2005
Sold by
Born Asiatic Inc
Bought by
James Raquel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 26, 2000
Sold by
City Of Newark
Bought by
Born Asiatic Inc
Purchase Details
Closed on
Mar 12, 1996
Sold by
Centerbank Mtg
Bought by
Bayview Realty
Purchase Details
Closed on
Nov 15, 1990
Sold by
Warriner Ayn
Bought by
Stern Ayn
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 525 South 16 Llc | $500,000 | None Listed On Document | |
| Brooks Anthony B | $420,000 | Legend Title Llc | |
| Mango Management Llc | $160,000 | Belmont Ttl & Setmnt Svcs Ll | |
| Icon Financial Services Inc | -- | None Available | |
| James Raquel | $370,000 | -- | |
| Born Asiatic Inc | $14,000 | -- | |
| Born Asiatic Inc | $14,000 | -- | |
| Bayview Realty | $3,500 | -- | |
| Stern Ayn | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 525 South 16 Llc | $600,000 | |
| Previous Owner | Brooks Anthony B | $405,982 | |
| Previous Owner | Mango Management Llc | $249,000 | |
| Previous Owner | James Raquel | $296,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/16/2024 02/16/24 | Sold | $500,000 | -4.8% | -- |
| 02/15/2024 02/15/24 | Pending | -- | -- | -- |
| 01/29/2024 01/29/24 | Price Changed | $525,000 | +5.0% | -- |
| 01/29/2024 01/29/24 | For Sale | $500,000 | 0.0% | -- |
| 01/29/2024 01/29/24 | Pending | -- | -- | -- |
| 01/28/2024 01/28/24 | Off Market | $500,000 | -- | -- |
| 01/23/2024 01/23/24 | For Sale | $500,000 | +212.5% | -- |
| 10/28/2020 10/28/20 | Sold | $160,000 | +10.3% | -- |
| 10/06/2020 10/06/20 | Pending | -- | -- | -- |
| 10/05/2020 10/05/20 | For Sale | $145,000 | -9.4% | -- |
| 09/23/2020 09/23/20 | Off Market | $160,000 | -- | -- |
| 09/21/2020 09/21/20 | For Sale | $145,000 | 0.0% | -- |
| 01/27/2020 01/27/20 | Pending | -- | -- | -- |
| 01/27/2020 01/27/20 | For Sale | $145,000 | -- | -- |
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 | $12,608 | $290,000 | $31,300 | $258,700 |
| 2024 | $12,608 | $338,200 | $31,300 | $306,900 |
| 2023 | $12,635 | $338,200 | $31,300 | $306,900 |
| 2022 | $12,635 | $338,200 | $31,300 | $306,900 |
| 2021 | $5,601 | $150,000 | $31,300 | $118,700 |
| 2020 | $5,700 | $150,000 | $31,300 | $118,700 |
| 2019 | $6,247 | $166,100 | $31,300 | $134,800 |
| 2018 | $6,134 | $166,100 | $31,300 | $134,800 |
| 2017 | $5,913 | $166,100 | $31,300 | $134,800 |
| 2016 | $5,714 | $166,100 | $31,300 | $134,800 |
| 2015 | $5,496 | $166,100 | $31,300 | $134,800 |
| 2014 | $5,151 | $166,100 | $31,300 | $134,800 |
Source: Public Records
Agents Affiliated with this Home
-
KIM PRIMUS
-
J
Seller's Agent in 2020
JASON ALAN AMENDOLIA
CENTURY 21 PREFERRED REALTY, INC
-
J
Seller Co-Listing Agent in 2020
JULIO MUNOZ
TERRIE O'CONNOR REALTORS
-
CYNTHIA WOODY JORDAN
Buyer's Agent in 2020
CYNTHIA WOODY JORDAN
RE/MAX
(862) 763-0978
5 in this area
32 Total Sales
Map
Source: Garden State MLS
MLS Number: 3882678
APN: 14-00334-0000-00017
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