NOT LISTED FOR SALE

840 S 16th St Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $478,000 - $834,000

-- Bed
-- Bath
4,056 Sq Ft
$160/Sq Ft Est. Value

About This Home

This home is located at 840 S 16th St, Newark, NJ 07108 and is currently estimated at $650,963, approximately $160 per square foot. 840 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2024
Sold by
Moh Capital 10 Llc
Bought by
Elizark Properties B Llc
Current Estimated Value
$650,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000,000
Outstanding Balance
$18,949,186
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
-$18,270,821

Purchase Details

Closed on
Apr 11, 2016
Sold by
South 16Th 840 Assoc Llc
Bought by
Moh Capital 10 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,900
Interest Rate
3.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 11, 2007
Sold by
Rooney Maurice
Bought by
South 16Th 840 Assoc Llc

Purchase Details

Closed on
Jan 31, 2005
Sold by
840 S 16Th Street Nj Llc
Bought by
Rooney Maurice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,750
Interest Rate
6.65%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 15, 1999
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Jeter Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,300
Interest Rate
7.83%

Purchase Details

Closed on
Aug 18, 1989
Sold by
Gill Hactor A and Gill Audrey E
Bought by
Simpson Errol and Simpson Cecille T

Purchase Details

Closed on
Feb 21, 1989
Sold by
City Of Newark
Bought by
Gill Hector and Gill Audrey E

Range of Values:

Collateral Analytics

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ICE

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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
Elizark Properties B Llc -- Windrose Title
Moh Capital 10 Llc $172,000 Madison Title Agency Llc
South 16Th 840 Assoc Llc $187,100 None Available
Rooney Maurice $295,000 --
Jeter Linda $41,900 --
Simpson Errol $38,500 --
Gill Hector $38,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elizark Properties B Llc $19,000,000
Previous Owner Moh Capital 10 Llc $232,734
Previous Owner Moh Capital 10 Llc $2,321,734
Previous Owner Moh Capital 10 Llc $1,950,900
Previous Owner South 16Th 840 Associates Llc $18,000,000
Previous Owner Rooney Maurice $250,750
Previous Owner Jeter Linda $46,300
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 $7,314 $196,200 $11,300 $184,900
2022 $7,330 $196,200 $11,300 $184,900
2021 $7,326 $196,200 $11,300 $184,900
2020 $7,456 $196,200 $11,300 $184,900
2019 $7,379 $196,200 $11,300 $184,900
2018 $7,246 $196,200 $11,300 $184,900
2017 $6,985 $196,200 $11,300 $184,900
2016 $6,749 $196,200 $11,300 $184,900
2015 $6,492 $196,200 $11,300 $184,900
2014 $6,084 $196,200 $11,300 $184,900
Source: Public Records

Map

New Jersey Essex County Newark 07108 Clinton Hill

840 S 16th St, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 840 S 16th St, Newark, NJ 07108 and is currently estimated at $650,963, approximately $160 per square foot. 840 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.

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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