NOT LISTED FOR SALE

75 N 16th St East Orange, NJ 07017

Estimated Value: $573,000 - $731,000

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold June 22, 2022

Last sale price $580,000

Est. 15% increase in value since last sale

Current estimated payment $4,772/month

103 Days on Market

About This Home

As of June 2022

This home is located at 75 N 16th St, East Orange, NJ 07017 since 27 December 2021 and is currently estimated at $668,238. 75 N 16th St is a home located in Essex County with nearby schools including Gordon Parks Academy Elementary School, Sojourner Truth Middle School, and John L Costley Middle School.

Last Agent to Sell the Property

GIANCARLO VARGAS

SKY REALTY ASSOCIATES Brokerage Phone: 973-344-8880 Listed on: 12/27/2021

Last Buyer's Agent

RALPH VELEZ

QUEENS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,572

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,572

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 75
  • I D: 5121301
  • Modified: 2023-06-23
  • Number Images: 1
  • Attribution Contact: 973-344-8880
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2021
Closed on
Jun 21, 2022
Sold by
Rasheed and Nofisat
Bought by
Espinal Pablo A Palanco
Seller's Agent
GIANCARLO VARGAS
SKY REALTY ASSOCIATES
Buyer's Agent
RALPH VELEZ
QUEENS REALTY
List Price
$560,000
Sold Price
$580,000
Premium/Discount to List
$20,000
3.57%
Current Estimated Value
$668,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,238
Avg. Annual Appreciation
4.58%
Original Mortgage
$569,494
Outstanding Balance
$543,544
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$124,694

Purchase Details

Listed on
Jul 20, 2020
Closed on
Dec 30, 2020
Sold by
75 N 16 St Llc
Bought by
Rasheed Oladele and Rasheed Nofisat
Seller's Agent
David Mohan
RE/MAX SOLUTIONS
Buyer's Agent
ABUBAKAR HABIB
DIAS & ASSOCIATES REALTY
List Price
$439,999
Sold Price
$455,000
Premium/Discount to List
$15,001
3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.50%
Original Mortgage
$446,758
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 2019
Sold by
Bank Of New York Mellon
Bought by
75 N 16Th St Llc

Purchase Details

Closed on
Mar 12, 2007
Sold by
Cohen Jesse
Bought by
Clayton Robert and Clayton Jannette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,817
Interest Rate
6.27%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 21, 2006
Sold by
Mag Buildings Llc
Bought by
Cohen Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,250
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2004
Sold by
Wells Fargo Bank Minnesota
Bought by
Mag Buildings

Purchase Details

Closed on
Feb 22, 2003
Sold by
Wright Phillip
Bought by
Rodriguez Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.88%

Purchase Details

Closed on
Jun 25, 2001
Sold by
Hickman Enterprises
Bought by
Wright Phillip and Wright Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,300
Interest Rate
7.21%

Purchase Details

Closed on
Nov 30, 1999
Sold by
Webb Laslie
Bought by
Hickman Enterprise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
7.86%

Purchase Details

Closed on
Apr 1, 1995
Sold by
Choudhury Idris
Bought by
Webb Alice and Choudhury Phillip
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
Espinal Pablo A Palanco $580,000 New Era Title & Settlement
Rasheed Oladele $455,000 Vital Abstract Llc
75 N 16Th St Llc $115,000 Madison Title Agancy
Clayton Robert $340,000 --
Cohen Jesse $335,000 --
Mag Buildings $93,900 --
Rodriguez Jennifer $160,000 --
Wright Phillip $104,900 --
Hickman Enterprise $74,000 --
Webb Alice $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinal Pablo A Palanco $569,494
Previous Owner Rasheed Oladele $446,758
Previous Owner Clayton Robert $50,817
Previous Owner Clayton Robert $0
Previous Owner Clayton Robert $68,000
Previous Owner Cohen Jesse $318,250
Previous Owner Mag Buildings Llc $8,000,000
Previous Owner Rodriguez Jennifer $152,000
Previous Owner Wright Phillip $83,300
Previous Owner Hickman Enterprise $59,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Sold $580,000 +3.6% --
04/09/2022 04/09/22 Pending -- -- --
03/29/2022 03/29/22 Price Changed $560,000 0.0% --
03/29/2022 03/29/22 For Sale $560,000 -3.4% --
02/14/2022 02/14/22 Off Market $580,000 -- --
12/27/2021 12/27/21 For Sale $525,000 +15.4% --
01/15/2021 01/15/21 Sold $455,000 +3.4% --
08/13/2020 08/13/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $439,999 -- --
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 $13,572 $428,400 $67,100 $361,300
2024 $13,572 $428,400 $67,100 $361,300
2022 $12,449 $428,400 $67,100 $361,300
2021 $7,641 $137,900 $45,100 $92,800
2020 $7,543 $137,900 $45,100 $92,800
2019 $7,447 $137,900 $45,100 $92,800
2018 $7,354 $137,900 $45,100 $92,800
2017 $7,149 $137,900 $45,100 $92,800
2016 $7,037 $137,900 $45,100 $92,800
2015 $6,865 $137,900 $45,100 $92,800
2014 $6,768 $137,900 $45,100 $92,800
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    GIANCARLO VARGAS

    SKY REALTY ASSOCIATES

  • R

    Buyer's Agent in 2022

    RALPH VELEZ

    QUEENS REALTY

  • David Mohan

    Seller's Agent in 2021

    David Mohan

    RE/MAX

    (973) 517-2278

    13 in this area

    38 Total Sales

    Section Image
  • Carl Mohan

    Seller Co-Listing Agent in 2021

    Carl Mohan

    RE/MAX

    (973) 280-7705

    1 in this area

    4 Total Sales

    Section Image

  • A

    Buyer's Agent in 2021

    ABUBAKAR HABIB

    DIAS & ASSOCIATES REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3756964

Garden State MLS

APN: 05-00063-0000-00001

New Jersey Essex County East Orange 07017

75 N 16th St, East Orange, NJ

This home is located at 75 N 16th St, East Orange, NJ 07017 since 27 December 2021 and is currently estimated at $668,238. 75 N 16th St is a home located in Essex County with nearby schools including Gordon Parks Academy Elementary School, Sojourner Truth Middle School, and John L Costley Middle School.

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