NOT LISTED FOR SALE

834 S 16th St Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $655,843 - $758,000

9 Beds
3 Baths
-- Sq Ft
2,788 Sq Ft Lot

Last Sold May 27, 2021

Last sale price $420,000

Est. 70% increase in value since last sale

Current estimated payment $4,809/month

13 Days on Market

Highlights

  • Colonial Architecture
  • Living Room
  • Hot Water Heating System

About This Home

As of May 2021

Investors and Future HomeOwner looking for extra income to pay your mortgage. Here is an excellent, Large 3 Family renovated home that delivers a great source of income. The property is well kept and offers many updated features. All 3 Units have newer Kitchens and new Bathrooms. There is newer flooring installed thought-out the units. The electric has also been updated. These units all have great large rooms. With 2 of the units offering enclosed terraces to entertain. This property is conveniently located across the street from Newark Legacy Charter School and just a few blocks from bustling Springfield Ave with its many stores and restaurants. It's worth your time to come and see this Large 3 Family Home.

Last Agent to Sell the Property

PAULINE LAURO

KELLER WILLIAMS PROSPERITY REALTY LLC License #1540151 Listed on: 02/17/2021

KELLER WILLIAMS PROSPERITY REALTY LLC

Last Buyer's Agent

NON-MEMBER NON-MEMBER

NON-MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,866

Lot Details

  • 2,788

Home Design

  • Colonial Architecture
  • Aluminum Siding

Bedrooms and Bathrooms

  • 9 Bedrooms | 3 Main Level Bedrooms

Utilities

  • Radiator
  • Hot Water Heating System
  • Heating System Uses Gas

Additional Features

  • Living Room
  • Lot Dimensions are 28x100
  • Unfinished Basement

Listing and Financial Details

  • Exclusions: personal belongings
  • Legal Lot and Block 00040 / 02646
  • Assessor Parcel Number 30837

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,866

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Colonial
  • Exclusions: personal belongings
  • Inclusions: Appliances
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 30837
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Unfinished
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 9
  • Total Other Rooms: 2
  • Total Kitchens: 3
  • Total Living Rooms: 3
  • First Floor Bedrooms: 3
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1475
  • Second Floor Bedrooms: 3
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor2 Other: 1
  • Floor 2 Rent: 1400
  • Third Floor Bedrooms: 3
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor3 Other: 1
  • Floor 3 Rent: 1475
  • Fl1 Rooms: 5
  • Fl2 Rooms: 5
  • Fl3 Rooms: 5

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: None

Utilities

  • Heating/Cooling: Gas, Hot Water, Radiators

Lot Info

  • Geo Address Line: 834 S 16th St
  • Geo Primary City: Newark
  • Geo Quality: 0.95
  • Geo Update Timestamp: 02/17/2021
  • Geo Zoom Level: 16
  • Lot: 00040
  • Lot Size: 28x100

Tax Info

  • Year: 2020
  • Taxes: 6866

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
May 26, 2021
Sold by
329-331 Elizabeth Llc
Bought by
Capstone Home Solutions Llc
Seller's Agent
PAULINE LAURO
KELLER WILLIAMS PROSPERITY REALTY LLC
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$400,000
Sold Price
$420,000
Premium/Discount to List
$20,000
5%
Current Estimated Value
$712,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,711
Avg. Annual Appreciation
12.77%
Original Mortgage
$336,000
Outstanding Balance
$304,206
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$408,505

Purchase Details

Listed on
Feb 17, 2021
Closed on
May 3, 2021
Sold by
329 331 Elizabeth Llc
Bought by
329 331 Elizabeth Llc
Seller's Agent
PAULINE LAURO
KELLER WILLIAMS PROSPERITY REALTY LLC
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$400,000
Sold Price
$420,000
Premium/Discount to List
$20,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Outstanding Balance
$304,206
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$408,505

Purchase Details

Closed on
Sep 27, 2019
Sold by
Rosenberg Yoel
Bought by
329 Elizabth Llc

Purchase Details

Closed on
Jul 26, 2019
Sold by
329-331 Elizabeth Llc
Bought by
Rosenberg Yoel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2004
Sold by
Bryant Willie Mae
Bought by
Bryant Dwayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,998
Interest Rate
5.89%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Capstone Home Solutions Llc $420,000 Hometown Title
329 331 Elizabeth Llc -- None Available
329 Elizabth Llc -- None Available
Rosenberg Yoel -- --
Bryant Dwayne $259,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capstone Home Solutions Llc $336,000
Previous Owner Rosenberg Yoel $276,500
Previous Owner Bryant Dwayne $254,998
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2021 05/27/21 Sold $420,000 +5.0% --
03/02/2021 03/02/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $400,000 +185.7% --
12/20/2018 12/20/18 Sold $140,000 -22.2% -- View Prior Sale
09/26/2018 09/26/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $180,000 -- --
Source: Hudson County 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 $12,507 $335,500 $11,600 $323,900
2024 $12,507 $335,500 $11,600 $323,900
2022 $12,534 $335,500 $11,600 $323,900
2021 $6,747 $180,700 $11,600 $169,100
2020 $6,867 $180,700 $11,600 $169,100
2019 $6,796 $180,700 $11,600 $169,100
2018 $6,673 $180,700 $11,600 $169,100
2017 $6,433 $180,700 $11,600 $169,100
2016 $6,216 $180,700 $11,600 $169,100
2015 $5,979 $180,700 $11,600 $169,100
2014 $5,604 $180,700 $11,600 $169,100
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    PAULINE LAURO

    KELLER WILLIAMS PROSPERITY REALTY LLC

    Section Image

  • N

    Buyer's Agent in 2021

    NON-MEMBER NON-MEMBER

    NON-MEMBER

  • W

    Seller's Agent in 2018

    WARNER PINKNEY

    WEICHERT REALTORS

See All Agents

Map

Source: Hudson County MLS

MLS Number: 210003881

Hudson County MLS

APN: 14-02646-0000-00040

New Jersey Essex County Newark 07108 Clinton Hill

834 S 16th St, Newark, NJ

This home is located at 834 S 16th St, Newark, NJ 07108 since 17 February 2021 and is currently estimated at $712,711. 834 S 16th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue 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.

Hudson County MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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