M
Seller's Agent in 2023
Matthew Meisels
New and Modern Group
(732) 439-7915
17 in this area
103 Total Sales
71 S 16th St East Orange, NJ 07018
Estimated Value: $611,000 - $685,070
6
Beds
2
Baths
--
Sq Ft
3,297
Sq Ft Lot
About This Home
As of September 2023Welcome home to 71 S. 16th St. in East Orange NJ! This amazing two family home was just beautifully renovated outside an in with new custom kitchens including quartz countertops, breakfast bar, shaker cabinets, stainless steel appliances, & more! Unit 1 - Includes a large size living/dining room, stunning upgraded kitchen, 3 nice size bedrooms and 1 beautifully tiled bathroom. Unit 2 - Includes a large size living/dining room, stunning upgraded kitchen, 3 nice size bedrooms with an additional enclosed porch and 1 beautifully tiled bathroom. Garage parking and space for up to 4 cars! Live in one rent out the other! This is a must see for any owner looking for additional income. Conveniently located close too many parks and shopping areas, schools, NYC trains & buses. Come and make this your dream home!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,618
Lot Details
- 3,297 Sq Ft Lot
Parking
- 2 Car Garage
Home Design
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Community Details
- No Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 00014 / 00023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2023
Closed on
Aug 2, 2023
Sold by
Muznayim Llc
Bought by
Taranto Michael and Gomez Alexis
Seller's Agent
Matthew Meisels
New and Modern Group
Buyer's Agent
Debra Marshall
Keller Williams Elite Realtors, LLC
List Price
$499,800
Sold Price
$615,000
Premium/Discount to List
$115,200
23.05%
Views
368
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
$94,329
Avg. Annual Appreciation
7.76%
Original Mortgage
$563,325
Interest Rate
6.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 30, 2023
Sold by
Nj Usa General Llc
Bought by
Muznayim Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,200
Interest Rate
6.48%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 6, 2022
Sold by
Anchor Assets Xviii Holdings Llc
Bought by
Jga Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,508,664
Interest Rate
3.69%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 5, 2022
Sold by
Jga Development Llc
Bought by
East Orange Nj Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,508,664
Interest Rate
3.69%
Mortgage Type
Construction
Purchase Details
Closed on
Nov 1, 2021
Sold by
Anchor Assets Xviii Holdings Llc
Bought by
Jga Development Llc
Purchase Details
Closed on
Oct 27, 2021
Sold by
Anchor Assets Xiv Llc
Bought by
Anchor Assets Xviii Holdings Llc
Purchase Details
Closed on
May 21, 2021
Sold by
Nj League Essex Llc
Bought by
Anchor Assets Xiv Llc
Purchase Details
Closed on
Oct 20, 2017
Sold by
71 South 16Th St Llc
Bought by
Nj League Essex Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
3.83%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 30, 2003
Sold by
Joi Investments
Bought by
Hankerson James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
6.43%
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 |
|---|---|---|---|
| Taranto Michael | $615,000 | First American Title | |
| Muznayim Llc | -- | -- | |
| Nj Usa General Llc | -- | -- | |
| Jga Development Llc | $332,626 | Kapnick Eric S | |
| East Orange Nj Llc | $330,000 | Cook Harold P | |
| Jga Development Llc | $332,626 | Kapnick Eric S | |
| Anchor Assets Xviii Holdings Llc | -- | Kaphink Elic S | |
| Anchor Assets Xiv Llc | -- | Fortune Title | |
| Nj League Essex Llc | $205,000 | -- | |
| Hankerson James | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Taranto Michael | $563,325 | |
| Previous Owner | Muznayim Llc | $413,200 | |
| Previous Owner | East Orange Nj Llc | $3,508,664 | |
| Previous Owner | Nj League Essex Llc | $184,500 | |
| Previous Owner | Hankerson James | $266,312 | |
| Previous Owner | Hankerson James | $262,377 | |
| Previous Owner | Hankerson James | $248,801 | |
| Previous Owner | Hankerson James | $245,152 | |
| Previous Owner | Hankerson James | $228,000 | |
| Previous Owner | Hughes Woodrene | $175,000 | |
| Previous Owner | Hankerson James | $192,000 | |
| Previous Owner | Hankerson James | $166,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2023 09/06/23 | Sold | $615,000 | +23.0% | -- |
| 06/06/2023 06/06/23 | Pending | -- | -- | -- |
| 05/17/2023 05/17/23 | For Sale | $499,800 | -- | -- |
Source: New Jersey 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 | $17,883 | $564,500 | $66,600 | $497,900 |
| 2024 | $17,883 | $564,500 | $66,600 | $497,900 |
| 2022 | $9,619 | $331,000 | $66,600 | $264,400 |
| 2021 | $9,913 | $178,900 | $48,300 | $130,600 |
| 2020 | $9,786 | $178,900 | $48,300 | $130,600 |
| 2019 | $9,661 | $178,900 | $48,300 | $130,600 |
| 2018 | $9,541 | $178,900 | $48,300 | $130,600 |
| 2017 | $9,274 | $178,900 | $48,300 | $130,600 |
| 2016 | $9,129 | $178,900 | $48,300 | $130,600 |
| 2015 | $8,906 | $178,900 | $48,300 | $130,600 |
| 2014 | $8,780 | $178,900 | $48,300 | $130,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Debra Marshall
Keller Williams Elite Realtors, LLC
(917) 562-0401
4 in this area
121 Total Sales
Map
Source: New Jersey MLS
MLS Number: 23015253
APN: 05-00023-0000-00014
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.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
Nearby Homes
- 88 S 16th St
- 11 S 17th St
- 41 9th Ave
- 45 S 17th St
- 92 Steuben St
- 97 9th Ave W
- 67 9th Ave
- 86 Steuben St
- 69-71 N 13th St
- 85 Hollywood Ave
- 125-127 S 12th St
- 125 S 12th St Unit 127
- 60 S 12th St
- 15 Winthrop Terrace
- 227 Hollywood Ave
- 126 N 14th St
- 43 Winthrop Terrace
- 160 S 11th St
- 181 S 11th St
- 53 S Maple Ave