NOT LISTED FOR SALE

751 S 16th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $389,000 - $612,000

-- Bed
-- Bath
-- Sq Ft
32 Sq Ft Lot

Last Sold March 25, 2019

Last sale price $197,000

Est. 163% increase in value since last sale

Current estimated payment $3,185/month

69 Days on Market

About This Home

As of March 2019

This home is located at 751 S 16th St, Newark, NJ 07103 since 02 November 2018 and is currently estimated at $518,069. 751 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

NEHEMIE LEON

REALTY ONE GROUP LEGEND Brokerage Phone: 908-344-3518 Listed on: 11/02/2018

Last Buyer's Agent

NEHEMIE LEON

REALTY ONE GROUP LEGEND Brokerage Phone: 908-344-3518 Listed on: 11/02/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,383

Lot Details

  • 32 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,383

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 751
  • I D: 4850115
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 908-344-3518
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 32.6X100
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2023
Sold by
Steinberg Asher
Bought by
751 South 16 Llc
Current Estimated Value
$518,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Outstanding Balance
$418,123
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$99,946

Purchase Details

Closed on
Dec 18, 2020
Sold by
Steinberg Asher and Gross Malka
Bought by
Steinberg Asher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2019
Sold by
751 South 16 Llc
Bought by
Steinberg Asher and Gross Malka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Nov 2, 2018
Closed on
Mar 25, 2019
Sold by
Skyline Constr & Prop Mgmt
Bought by
751 South 16 Llc
Seller's Agent
NEHEMIE LEON
REALTY ONE GROUP LEGEND
Buyer's Agent
NEHEMIE LEON
REALTY ONE GROUP LEGEND
List Price
$260,000
Sold Price
$197,000
Premium/Discount to List
-$63,000
-24.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.01%
Original Mortgage
$210,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2007
Sold by
Robinson Robin
Bought by
Miller Rashawn J and Green Latanya S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
10.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2006
Sold by
Kolman Abraham
Bought by
Robinson Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 26, 2006
Sold by
Newborn Lisa
Bought by
Kolman Abraham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
10.65%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 27, 1991
Sold by
Rounree Verneda and Rounree Kelly,Willie
Bought by
Kelly Willie D and Kelly Janice
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
751 South 16 Llc -- Universal Title
Steinberg Asher -- None Listed On Document
Steinberg Asher -- --
751 South 16 Llc $197,000 --
Miller Rashawn J $322,000 None Available
Robinson Robin $250,000 --
Kolman Abraham $160,000 --
Kelly Willie D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 751 South 16 Llc $427,500
Previous Owner Steinberg Asher $255,000
Previous Owner Steinberg Asher $230,000
Previous Owner 751 South 16 Llc $210,000
Previous Owner Miller Rashawn J $313,500
Previous Owner Robinson Robin $200,000
Previous Owner Kolman Abraham $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2019 03/25/19 Sold $197,000 -24.2% --
01/10/2019 01/10/19 Pending -- -- --
11/02/2018 11/02/18 For Sale $260,000 -- --
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
2025 $5,383 $144,400 $32,100 $112,300
2024 $5,383 $144,400 $32,100 $112,300
2022 $5,395 $144,400 $32,100 $112,300
2021 $5,392 $144,400 $32,100 $112,300
2020 $5,487 $144,400 $32,100 $112,300
2019 $5,431 $144,400 $32,100 $112,300
2018 $5,333 $144,400 $32,100 $112,300
2017 $5,141 $144,400 $32,100 $112,300
2016 $4,967 $144,400 $32,100 $112,300
2015 $4,778 $144,400 $32,100 $112,300
2014 $4,478 $144,400 $32,100 $112,300
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    NEHEMIE LEON

    REALTY ONE GROUP LEGEND

See All Agents

Map

Source: Garden State MLS

MLS Number: 3513487

Garden State MLS

APN: 14-02636-0000-00009

New Jersey Essex County Newark 07103 West Side

751 S 16th St, Newark, NJ

This home is located at 751 S 16th St, Newark, NJ 07103 since 02 November 2018 and is currently estimated at $518,069. 751 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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