NOT LISTED FOR SALE

529 S 16th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $501,000 - $799,000

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

Last Sold August 30, 2019

Last sale price $285,000

Est. 126% increase in value since last sale

Current estimated payment $3,916/month

24 Days on Market

About This Home

As of August 2019

This home is located at 529 S 16th St, Newark, NJ 07103 since 18 June 2019 and is currently estimated at $643,570. This property was built in 1924. 529 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.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,988

Year Built

  • Built in 1924

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,988

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Year Built: 1924
  • County Name: Essex
  • Street Number Display: 529
  • I D: 4906960
  • Modified: 2021-09-23
  • Number Images: 0
  • 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

Closed on
Mar 22, 2019
Sold by
Hamlett Management Llc
Bought by
Hamlett Eugenia J and Hamlett Edward R
Current Estimated Value
$643,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Outstanding Balance
$165,696
Interest Rate
4.06%
Estimated Equity
$474,753

Purchase Details

Closed on
Nov 21, 2016
Sold by
City Of Newark
Bought by
Hamlett Management Llc

Purchase Details

Closed on
Jan 29, 2015
Bought by
City Of Newark

Purchase Details

Closed on
Oct 21, 1997
Sold by
Jennings Lydia
Bought by
Rawlins Dasi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
7.46%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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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
Hamlett Eugenia J -- --
Hamlett Management Llc $10,000 Old Republic National Title
City Of Newark -- --
Rawlins Dasi $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Gail M $18,971
Closed Brown Gail M $32,006
Open Hamlett Edward R $189,000
Previous Owner Hamlett Management Llc $251,000
Previous Owner Rawlins Daysi $138,000
Previous Owner Rawlins Dasi $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $285,000 +0.2% --
07/12/2019 07/12/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $284,500 -- --
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 $4,988 $264,000 $29,700 $234,300
2024 $4,988 $133,800 $29,700 $234,300
2022 $4,999 $133,800 $0 $0
2021 $4,996 $133,800 $0 $0
2020 $10,074 $265,100 $29,700 $235,400
2019 $9,970 $265,100 $29,700 $235,400
2018 $9,790 $265,100 $29,700 $235,400
2017 $4,802 $134,900 $29,700 $105,200
2016 $0 $134,900 $29,700 $105,200
2015 $4,464 $134,900 $29,700 $105,200
2014 $4,183 $134,900 $29,700 $105,200
Source: Public Records

Map

Source: Garden State MLS

MLS Number: 3566530

Garden State MLS

APN: 14-00334-0000-00015

New Jersey Essex County Newark 07103 West Side

529 S 16th St, Newark, NJ

This home is located at 529 S 16th St, Newark, NJ 07103 since 18 June 2019 and is currently estimated at $643,570. This property was built in 1924. 529 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.

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