NOT LISTED FOR SALE

748 S 16th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $526,000 - $591,000

-- Bed
-- Bath
2,334 Sq Ft
$241/Sq Ft Est. Value

Last Sold January 01, 2021

Last sale price $345,000 $148 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,891/month

2 Days on Market

About This Home

As of January 2021

This home is located at 748 S 16th St, Newark, NJ 07103 since 30 November 2020 and is currently estimated at $563,264, approximately $241 per square foot. This property was built in 1913. 748 S 16th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Louise A. Spencer School.

Last Agent to Sell the Property

Fernanda Silva

NEW AND MODERN GROUP Brokerage Phone: 973-921-1111 Listed on: 11/30/2020

Last Buyer's Agent

Kerlly Bochicchio

SIGNATURE REALTY NJ

SIGNATURE REALTY NJ

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,861

Year Built

  • Built in 1913

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,861

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Year Built: 1913
  • County Name: Essex
  • Street Number Display: 748
  • I D: 5035022
  • Modified: 2022-01-02
  • Number Images: 1
  • Attribution Contact: 973-921-1111
  • 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

Listed on
Nov 30, 2020
Closed on
Dec 29, 2020
Sold by
23 Central West Orange Llc
Bought by
Pierre Maxime
Seller's Agent
Fernanda Silva
NEW AND MODERN GROUP
Buyer's Agent
Kerlly Bochicchio
SIGNATURE REALTY NJ
List Price
$335,000
Sold Price
$345,000
Premium/Discount to List
$10,000
2.99%
Current Estimated Value
$563,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,264
Avg. Annual Appreciation
10.70%
Original Mortgage
$333,485
Outstanding Balance
$298,111
Interest Rate
2.67%
Mortgage Type
FHA
Estimated Equity
$255,446

Purchase Details

Closed on
Mar 20, 2020
Sold by
Ejp Ventures Llc
Bought by
23 Central West Orange Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 2008
Sold by
Scott Pamela
Bought by
Scott Pamela and Scott Dyrol
Source: Public Records

Range of Values:

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
Pierre Maxime $345,000 Title Guarantee Inc
23 Central West Orange Llc $150,000 Clear Skies Title Agency
Scott Pamela -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierre Maxime $333,485
Previous Owner 23 Central West Orange Llc $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2021 01/01/21 Sold $345,000 +3.0% $148 / Sq Ft
12/02/2020 12/02/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $335,000 -- $144 / Sq Ft
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 $9,861 $264,500 $31,300 $233,200
2024 $9,861 $264,500 $31,300 $233,200
2022 $9,882 $264,500 $31,300 $233,200
2021 $5,052 $135,300 $31,300 $104,000
2020 $5,141 $135,300 $31,300 $104,000
2019 $5,089 $135,300 $31,300 $104,000
2018 $4,997 $135,300 $31,300 $104,000
2017 $4,817 $135,300 $31,300 $104,000
2016 $4,654 $135,300 $31,300 $104,000
2015 $4,477 $135,300 $31,300 $104,000
2014 $4,196 $135,300 $31,300 $104,000
Source: Public Records

Agents Affiliated with this Home

  • Fernanda Silva

    Seller's Agent in 2021

    Fernanda Silva

    NEW AND MODERN GROUP

    (908) 416-2523

    2 in this area

    103 Total Sales

    Fernanda Silva
    Section Image
  • Kerlly Bochicchio

    Buyer's Agent in 2021

    Kerlly Bochicchio

    SIGNATURE REALTY NJ

    (908) 499-8918

    2 in this area

    100 Total Sales

    Kerlly Bochicchio
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3680956

Garden State MLS

APN: 14-02635-0000-00046

New Jersey Essex County Newark 07103 West Side

748 S 16th St, Newark, NJ

This home is located at 748 S 16th St, Newark, NJ 07103 since 30 November 2020 and is currently estimated at $563,264, approximately $241 per square foot. This property was built in 1913. 748 S 16th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Louise A. Spencer School.

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