NOT LISTED FOR SALE

863 S 16th St Unit 865 Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $325,559

3 Beds
1 Bath
1,859 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $20,000 $11 Per Sq Ft

Est. 1,528% increase in value since last sale

Current estimated payment $2,045/month

41 Days on Market

About This Home

As of May 2017

Attention Investors, Builders and Contractors! Great Opportunity to rehab this Colonial Style Family Home. Conveniently Located Near Transportation, Shopping and Highways. CASH ONLY. Buyer is Responsible for All Town/State Certificate of Occupancy or Smoke Certificate Requirements.

Last Agent to Sell the Property

David Quinones

COLDWELL BANKER GARDEN STATE Listed on: 02/15/2017

COLDWELL BANKER GARDEN STATE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 3,920

Home Design

  • Colonial Architecture
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 3,920 Sq Ft Lot
  • Window Unit Cooling System
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 1614-03012-0000-00017-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1920
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: AS IS
  • Street Number Display: 863-865
  • Directions: Madison Avenue to 16th
  • I D: 4689309
  • Modified: 2021-09-23
  • Number Images: 2
  • First Name: DAVID
  • First Name3: MICHAEL
  • Last Name: QUINONES
  • Last Name3: SCHULE
  • Office Phone: 201-794-7050
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Rooms: 8
  • Bedrooms: 3
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Level 1 Rooms: Kitchen, Bath Main, LivDinRm
  • Level 2 Rooms: 3 Bedrooms
  • Phone: 201-791-9000

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 40X100
  • Assessed Improvement Value: 123500
  • Assessed Land Value: 13100
  • Assessment: 136600
  • Easement: Unknown
  • Lot Identifier: 17
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.09

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4699
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-03012-0000-00017-0000-
  • Tax Rate Amount: 3.440
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2024
Sold by
Invest Newark
Bought by
Warren Haneefah C
Current Estimated Value
$325,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,986
Outstanding Balance
$17,859
Interest Rate
6.72%
Estimated Equity
$307,700

Purchase Details

Listed on
Feb 15, 2017
Closed on
Mar 30, 2017
Sold by
Bank Of America National Association
Bought by
Rental Shop Llc
Seller's Agent
David Quinones
COLDWELL BANKER GARDEN STATE
List Price
$25,000
Sold Price
$20,000
Premium/Discount to List
-$5,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.67%

Purchase Details

Closed on
Jul 15, 2009
Sold by
Williams Mildred
Bought by
Mccombs Laura

Purchase Details

Closed on
Oct 18, 2007
Sold by
Mccombs Laura
Bought by
Williams Mildred

Purchase Details

Closed on
Jul 18, 2007
Sold by
Thomas Leroy
Bought by
Thomas Leroy and Thomas Jeanette

Purchase Details

Closed on
Nov 22, 2005
Sold by
Thomas Jeanette
Bought by
Thomas Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.28%
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
Warren Haneefah C $312,218 None Listed On Document
Rental Shop Llc $20,000 Sutton Land Title Agency
Mccombs Laura -- None Available
Williams Mildred -- None Available
Thomas Leroy -- None Available
Thomas Leroy $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warren Haneefah C $17,986
Open Warren Haneefah C $312,218
Previous Owner Mccombs Laura $390,000
Previous Owner Thomas Leroy $100,000
Previous Owner Hudson John $153,616
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2017 05/22/17 Sold $20,000 -20.0% $11 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $25,000 -- $13 / Sq Ft
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 -- $136,600 $13,100 $183,000
2024 -- $136,600 $13,100 $123,500
2022 $0 $136,600 $13,100 $123,500
2021 $2,569 $136,600 $13,100 $123,500
2020 $2,569 $136,600 $13,100 $123,500
2019 $5,138 $136,600 $13,100 $123,500
2018 $5,045 $136,600 $13,100 $123,500
2017 $4,863 $136,600 $13,100 $123,500
2016 $4,699 $136,600 $13,100 $123,500
2015 $4,520 $136,600 $13,100 $123,500
2014 $4,236 $136,600 $13,100 $123,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3365047

Garden State MLS

APN: 14-03012-0000-00017