NOT LISTED FOR SALE

802 S 16th St Unit 2 Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $606,000 - $671,000

8 Beds
5 Baths
2,440 Sq Ft
$264/Sq Ft Est. Value

About This Home

This home is located at 802 S 16th St Unit 2, Newark, NJ 07108 and is currently estimated at $644,887, approximately $264 per square foot. 802 S 16th St Unit 2 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Louise A. Spencer School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Jelliff Holdings Llc
Bought by
Ojo Oluwakemi Bolanle
Current Estimated Value
$644,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,250
Outstanding Balance
$496,998
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$147,889

Purchase Details

Closed on
Aug 18, 2016
Sold by
Sc Capital Partners Llc
Bought by
Mulberry Management Group Llc

Purchase Details

Closed on
Mar 3, 2015
Sold by
Essex County Sheriff
Bought by
Sc Capital Partners Llc

Purchase Details

Closed on
May 29, 2008
Sold by
J & J Development Partners Llc
Bought by
Penna Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2006
Sold by
Nunez Israel
Bought by
J & J Development Partners Llc

Purchase Details

Closed on
Mar 27, 2006
Sold by
Mike Derrick
Bought by
Nunes Israle

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Ojo Oluwakemi Bolanle $535,000 Old Republic National Title
Mulberry Management Group Llc $84,000 Old Republic National Title
Mulberry Management Group Llc $84,000 Riverside Abstract
Sc Capital Partners Llc -- --
Penna Salvador $520,000 Ats Title Agency Inc
J & J Development Partners Llc $130,000 None Available
Nunes Israle $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ojo Oluwakemi Bolanle $508,250
Previous Owner Jelliff Holdings Llc $225,000
Previous Owner Penna Salvador $452,000
Source: Public Records

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
2024 $9,260 $248,400 $10,700 $237,700
2022 $9,280 $248,400 $10,700 $237,700
2021 $9,275 $248,400 $10,700 $237,700
2020 $8,212 $216,100 $10,700 $205,400
2019 $8,128 $216,100 $10,700 $205,400
2018 $7,981 $216,100 $10,700 $205,400
2017 $7,693 $216,100 $10,700 $205,400
2016 $7,434 $216,100 $10,700 $205,400
2015 $7,151 $216,100 $10,700 $205,400
2014 $6,701 $216,100 $10,700 $205,400
Source: Public Records

Map

New Jersey Essex County Newark 07103 Clinton Hill

802 S 16th St Unit 2, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 802 S 16th St Unit 2, Newark, NJ 07108 and is currently estimated at $644,887, approximately $264 per square foot. 802 S 16th St Unit 2 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Louise A. Spencer School.

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.

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