NOT LISTED FOR SALE

784 S 16th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $548,000 - $609,000

-- Bed
-- Bath
3,528 Sq Ft
$162/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $350,000 $99 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,000/month

85 Days on Market

About This Home

As of February 2016

This home is located at 784 S 16th St, Newark, NJ 07103 since 26 May 2015 and is currently estimated at $571,764, approximately $162 per square foot. This property was built in 1924. 784 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

MICHAEL BRAIN

PREFERRED REALTY SERVICES LLC Brokerage Phone: 973-998-7781 Listed on: 05/26/2015

Last Buyer's Agent

PEVERLO BOISROND

PREFERRED REALTY SERVICES LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,725

Year Built

  • Built in 1924

Lot Details

  • 37 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,725

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Year Built: 1924
  • County Name: Essex
  • Street Number Display: 784
  • I D: 4538616
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 973-998-7781
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 37.6X100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2021
Sold by
784 South 16Th St Llc
Bought by
784 S 16Th St Llc
Current Estimated Value
$567,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Outstanding Balance
$637,907
Interest Rate
3%
Mortgage Type
Construction
Estimated Equity
-$66,143

Purchase Details

Closed on
Aug 10, 2020
Sold by
Mars Lennox A
Bought by
784 South 16Th St Llc

Purchase Details

Listed on
May 26, 2015
Closed on
Feb 29, 2016
Sold by
Brick City Group Llc
Bought by
Mars Lennox A
Seller's Agent
MICHAEL BRAIN
PREFERRED REALTY SERVICES LLC
Buyer's Agent
PEVERLO BOISROND
PREFERRED REALTY SERVICES LLC
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$343,660
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 2014
Sold by
Siddique Saiful
Bought by
Brick City Group Llc

Purchase Details

Closed on
Sep 16, 2009
Sold by
Gmac Mortgage Llc
Bought by
Siddique Saiful

Purchase Details

Closed on
Jul 13, 2009
Sold by
Quarshie Gladys
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Sep 15, 2005
Sold by
Williams Lula
Bought by
Quarshie Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,504
Interest Rate
6.07%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
784 S 16Th St Llc -- None Listed On Document
784 South 16Th St Llc $337,500 Amtrust Title Insurance Co
Mars Lennox A $350,000 None Available
Brick City Group Llc $75,000 --
Brick City Group Llc $75,000 --
Siddique Saiful $56,000 Multiple
Gmac Mortgage Llc -- None Available
Quarshie Gladys $274,380 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 784 S 16Th St Llc $705,000
Previous Owner Mars Lennox A $343,660
Previous Owner Quarshie Gladys $310,500
Previous Owner Quarshie Gladys $219,504
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2016 02/29/16 Sold $350,000 -4.1% $99 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $365,000 -- $103 / 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 $10,725 $287,700 $32,900 $254,800
2024 $10,725 $287,700 $32,900 $254,800
2022 $10,748 $287,700 $32,900 $254,800
2021 $10,743 $287,700 $32,900 $254,800
2020 $6,221 $163,700 $32,900 $130,800
2019 $6,157 $163,700 $32,900 $130,800
2018 $6,045 $163,700 $32,900 $130,800
2017 $5,828 $163,700 $32,900 $130,800
2016 $5,631 $163,700 $32,900 $130,800
2015 $5,417 $163,700 $32,900 $130,800
2014 $5,076 $163,700 $32,900 $130,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    MICHAEL BRAIN

    PREFERRED REALTY SERVICES LLC

  • P

    Buyer's Agent in 2016

    PEVERLO BOISROND

    PREFERRED REALTY SERVICES LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3225644

Garden State MLS

APN: 14-02635-0000-00030

New Jersey Essex County Newark 07103 West Side

784 S 16th St, Newark, NJ

This home is located at 784 S 16th St, Newark, NJ 07103 since 26 May 2015 and is currently estimated at $571,764, approximately $162 per square foot. This property was built in 1924. 784 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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