$825,000
SOLD APR 2, 2025

858 S 16th St Unit 862 Newark, NJ 07108

Clinton Hill Neighborhood
-- Bed
-- Bath
-- Sq Ft
47 Sq Ft Lot

Recently Sold

4% Above List Price

12 Days on Market

About This Home

As of April 2025

This home is located at 858 S 16th St Unit 862, Newark, NJ 07108 and is currently priced at $825,000. 858 S 16th St Unit 862 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

Last Agent to Sell the Property

Khadijah Caesar

OPTION 1 REALTY GROUP, LLC Brokerage Phone: 973-623-1001 Listed on: 08/14/2024

Last Buyer's Agent

Roberto Godoy

ROSA AGENCY

Property Details

Home Type

  • Multi-Family

Lot Details

  • 47 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 5306711
  • Attribution Contact: 973-623-1001
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 47.10X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Mar 20, 2025
Sold by
860 S 16Th St Llc
Bought by
Ayim Augustine
Seller's Agent
Khadijah Caesar
OPTION 1 REALTY GROUP, LLC
Buyer's Agent
Roberto Godoy
ROSA AGENCY
List Price
$795,000
Sold Price
$825,000
Premium/Discount to List
$30,000
3.77%
Views
28
Current Estimated Value
$694,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$130,843
Avg. Annual Appreciation
-22.43%
Original Mortgage
$660,000
Outstanding Balance
$656,609
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$37,548

Purchase Details

Closed on
Mar 13, 2024
Sold by
Upshaw Dolores T
Bought by
860 S 16Th St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,400
Interest Rate
6.16%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Type Sale Price Title Company
Deed $825,000 Old Republic National Title
Executors Deed $330,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $660,000 New Conventional
Previous Owner $419,400 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2025 04/02/25 Sold $825,000 +3.8% --
08/26/2024 08/26/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $795,000 -- --
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 $6,054 $169,100 $13,400 $155,700
2024 $6,054 $169,100 $13,400 $155,700
2022 $6,068 $169,100 $13,400 $155,700
2021 $6,064 $169,100 $13,400 $155,700
2020 $6,176 $169,100 $13,400 $155,700
2019 $6,110 $169,100 $13,400 $155,700
2018 $5,995 $169,100 $13,400 $155,700
2017 $5,770 $169,100 $13,400 $155,700
2016 $5,567 $169,100 $13,400 $155,700
2015 $5,346 $169,100 $13,400 $155,700
2014 $4,994 $169,100 $13,400 $155,700
Source: Public Records

Agents Affiliated with this Home

  • Khadijah Caesar

    Seller's Agent in 2025

    Khadijah Caesar

    OPTION 1 REALTY GROUP, LLC

    (973) 623-1001

    4 in this area

    34 Total Sales

    Khadijah Caesar
    Section Image

  • R

    Buyer's Agent in 2025

    Roberto Godoy

    ROSA AGENCY

    (914) 505-2941

    3 in this area

    13 Total Sales

    Roberto Godoy
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3918904

Garden State MLS

APN: 14-03011-0000-00081

New Jersey Essex County Newark 07108 Clinton Hill

858 S 16th St Unit 862, Newark, NJ

Sold

MultiFamily

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