NOT LISTED FOR SALE

859 S 16th St Unit 861 Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $356,000 - $450,000

-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold April 26, 2024

Last sale price $335,000

Est. 17% increase in value since last sale

Current estimated payment $2,605/month

29 Days on Market

About This Home

As of April 2024

This home is located at 859 S 16th St Unit 861, Newark, NJ 07108 since 15 February 2024 and is currently estimated at $390,306. This property was built in 1915. 859 S 16th St Unit 861 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

Last Listed By

AUSTIN SMITH

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 02/15/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,037

Year Built

  • 1915

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,037

Year Built

1915

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 859
  • I D: 5269472
  • Modified: 2025-04-27
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1915

Lot Info

  • Lot Size: 38X100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Apr 17, 2024
Sold by
Samuels Randy
Bought by
859 South 16 Llc
Seller's Agent
AUSTIN SMITH
EXP REALTY, LLC
Buyer's Agent
JOSHUA CARMONA
LIFESTYLE INTERNATIONAL REALTY
List Price
$299,999
Sold Price
$335,000
Premium/Discount to List
$35,001
11.67%
Total Days on Market
29
Views
62
Current Estimated Value
$390,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,306
Avg. Annual Appreciation
15.05%
Original Mortgage
$462,000
Outstanding Balance
$457,602
Interest Rate
6.87%
Mortgage Type
Construction
Estimated Equity
-$67,296

Purchase Details

Listed on
Apr 13, 2016
Closed on
Aug 18, 2016
Sold by
Nationstar Mortgage Llc
Bought by
Samuels Randy
Seller's Agent
JOSE DE OLIVEIRA
VYLLA HOME
List Price
$29,900
Sold Price
$16,500
Premium/Discount to List
-$13,400
-44.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.08%

Purchase Details

Closed on
Aug 6, 2015
Sold by
Fontoura Armando B
Bought by
Champion Mortgage Co and Nationstar Mortgage Llc

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
859 South 16 Llc $335,000 None Listed On Document
Samuels Randy $16,500 None Available
Champion Mortgage Co $211,186 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 859 South 16 Llc $462,000
Previous Owner Stafford Edith $240,000
Previous Owner Stafford Edith $19,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $335,000 +11.7% --
03/15/2024 03/15/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $299,999 +1718.2% --
10/14/2016 10/14/16 Sold $16,500 -44.8% --
08/08/2016 08/08/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $29,900 -- --
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
2024 $5,037 $135,100 $12,900 $122,200
2022 $5,047 $135,100 $12,900 $122,200
2021 $5,045 $135,100 $12,900 $122,200
2020 $5,134 $135,100 $12,900 $122,200
2019 $5,081 $135,100 $12,900 $122,200
2018 $4,989 $135,100 $12,900 $122,200
2017 $4,810 $135,100 $12,900 $122,200
2016 $4,647 $135,100 $12,900 $122,200
2015 $4,470 $135,100 $12,900 $122,200
2014 $4,189 $135,100 $12,900 $122,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    AUSTIN SMITH

    EXP REALTY, LLC

  • J

    Buyer's Agent in 2024

    JOSHUA CARMONA

    LIFESTYLE INTERNATIONAL REALTY

    6 in this area

    42 Total Sales

    JOSHUA CARMONA
    Section Image

  • J

    Seller's Agent in 2016

    JOSE DE OLIVEIRA

    VYLLA HOME

See All Agents

Map

Source: Garden State MLS

MLS Number: 3886221

Garden State MLS

APN: 14-03012-0000-00015

New Jersey Essex County Newark 07108 Clinton Hill

859 S 16th St Unit 861, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 859 S 16th St Unit 861, Newark, NJ 07108 since 15 February 2024 and is currently estimated at $390,306. This property was built in 1915. 859 S 16th St Unit 861 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

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