NOT LISTED FOR SALE

541 S 16th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $768,000

-- Bed
-- Bath
-- Sq Ft
7,492 Sq Ft Lot

Last Sold March 30, 2023

Last sale price $670,000

Est. 15% increase in value since last sale

Current estimated payment $4,812/month

110 Days on Market

About This Home

As of March 2023

This home is located at 541 S 16th St, Newark, NJ 07103 since 25 November 2022 and is currently priced at $768,000. 541 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

ANTONIO COSTA

EXIT REALTY LUCKY ASSOCIATES Brokerage Phone: 908-289-7746 Listed on: 11/25/2022

Last Buyer's Agent

Nilmara Borrello

RE/MAX NEW MILLENNIUM GROUP

RE/MAX NEW MILLENNIUM GROUP

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,428

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 5191999
  • Attribution Contact: 908-289-7746
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2020
Sold by
Faith In Jesus Christ Mission Church Inc
Bought by
Jhtp Development Co Llc
Current Estimated Value
$768,000

Purchase Details

Closed on
Jun 5, 1986
Bought by
Faith In J Christ Mission Church
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Jhtp Development Co Llc $125,000 Ats Title Agency Inc
Faith In J Christ Mission Church -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2023 03/30/23 Sold $670,000 -4.1% --
03/15/2023 03/15/23 Pending -- -- --
01/28/2023 01/28/23 Price Changed $699,000 +3.6% --
12/14/2022 12/14/22 Price Changed $675,000 -0.7% --
12/07/2022 12/07/22 Price Changed $680,000 +0.7% --
11/25/2022 11/25/22 For Sale $675,000 -- --
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
2022 $2,428 $65,000 $65,000 $0
2021 $2,427 $65,000 $65,000 $0
2020 $2,470 $65,000 $65,000 $0
2019 $2,892 $76,900 $76,900 $0
2018 $2,748 $74,400 $74,400 $0
2017 $2,649 $74,400 $74,400 $0
2016 $2,559 $74,400 $74,400 $0
2015 $2,462 $74,400 $74,400 $0
2014 $2,307 $74,400 $74,400 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    ANTONIO COSTA

    EXIT REALTY LUCKY ASSOCIATES

  • Nilmara Borrello

    Buyer's Agent in 2023

    Nilmara Borrello

    RE/MAX

    (973) 277-9663

    1 in this area

    60 Total Sales

    Nilmara Borrello
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Map

Source: Garden State MLS

MLS Number: 3819024

Garden State MLS

APN: 14-00334-0000-00007

New Jersey Essex County Newark 07103 West Side

541 S 16th St, Newark, NJ

Not Listed for Sale

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