NOT LISTED FOR SALE

872 S 16th St Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $370,000 - $692,000

-- Bed
-- Bath
-- Sq Ft
32 Sq Ft Lot

Last Sold May 23, 2022

Last sale price $255,000

Est. 123% increase in value since last sale

Current estimated payment $4,032/month

1 Day on Market

About This Home

As of May 2022

This home is located at 872 S 16th St, Newark, NJ 07108 since 22 April 2021 and is currently estimated at $567,650. This property was built in 1960. 872 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.

Last Listed By

KAYLEON STEWART

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 04/22/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,252

Year Built

  • 1960

Lot Details

  • 32 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,252

Year Built

1960

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 872
  • I D: 5064691
  • Modified: 2023-05-24
  • Number Images: 0
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1960

Lot Info

  • Lot Size: 32.10X100
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2023
Sold by
Lorrington Ashley
Bought by
Lorrington Ashley and Cush Sherwin
Total Days on Market
1
Current Estimated Value
$567,650

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 23, 2022
Sold by
Yvette Andrus Shiquana
Bought by
Lorrington Ashley
Seller's Agent
KAYLEON STEWART
KELLER WILLIAMS REALTY
Buyer's Agent
KAYLEON STEWART
KELLER WILLIAMS REALTY
List Price
$220,000
Sold Price
$255,000
Premium/Discount to List
$35,000
15.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.46%
Original Mortgage
$250,305
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 2020
Sold by
Jones Joshua I
Bought by
Andrus Shiquana Yvette and Harrison Kayren G

Purchase Details

Closed on
Oct 29, 2018
Sold by
872 S 16Th St Llc
Bought by
Jones Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,387
Interest Rate
4.86%

Purchase Details

Listed on
Aug 25, 2017
Closed on
Nov 17, 2017
Sold by
Poe 2 Properties Llc
Bought by
872 S 16Th St Llc
Seller's Agent
Irving Cham
COLDWELL BANKER REALTY
Buyer's Agent
William Helfricht
UNITED REAL ESTATE
List Price
$190,000
Sold Price
$177,500
Premium/Discount to List
-$12,500
-6.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.91%
Original Mortgage
$169,750
Interest Rate
3.94%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 9, 2016
Sold by
Eba Properties Llc
Bought by
Poe 2 Properties Llc

Purchase Details

Closed on
Apr 23, 2015
Sold by
Hasbruck Fund Llc
Bought by
Eba Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.69%
Mortgage Type
Unknown

Purchase Details

Listed on
Jan 15, 2015
Closed on
Mar 15, 2015
Sold by
Ferreira Joaquim
Bought by
Hasbruck Fund Llc
Seller's Agent
LaNa JONES-JULES
JULES REALTY
Buyer's Agent
LaNa JONES-JULES
JULES REALTY
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.40%
Original Mortgage
$150,000
Interest Rate
3.69%
Mortgage Type
Unknown

Purchase Details

Listed on
Jan 15, 2015
Closed on
Jan 15, 2015
Sold by
Savoury Marie
Bought by
Ferreira Joaquim
Seller's Agent
LaNa JONES-JULES
JULES REALTY
Buyer's Agent
LaNa JONES-JULES
JULES REALTY
Sold Price
$50,000

Purchase Details

Closed on
Oct 2, 2008
Sold by
Savoury Marie and Harris Dorothy
Bought by
Savoury Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.41%
Mortgage Type
New Conventional

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
Lorrington Ashley $123,236 Foundation Title
Lorrington Ashley $255,000 Foundation Title
Andrus Shiquana Yvette -- Legend Title
Jones Joshua $365,999 --
872 S 16Th St Llc $177,500 --
Poe 2 Properties Llc -- Fortune Title
Eba Properties Llc $88,500 None Available
Hasbruck Fund Llc -- --
Ferreira Joaquim $50,000 --
Savoury Marie -- United General Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cush Sherwin $150,000
Previous Owner Lorrington Ashley $250,305
Previous Owner Jones Joshua $358,387
Previous Owner Jones Joshua --
Previous Owner Jones Joshua I $358,387
Previous Owner 872 S 16Th St Llc $169,750
Previous Owner Eba Properties Llc $150,000
Previous Owner Savoury Marie $138,000
Previous Owner Savoury Marie $125,000
Previous Owner Savoury Marie $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold $255,000 0.0% --
01/07/2022 01/07/22 Price Changed $255,000 +15.9% --
04/23/2021 04/23/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $220,000 +23.9% --
12/19/2017 12/19/17 Sold $177,500 -6.6% --
09/28/2017 09/28/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $190,000 +280.0% --
01/15/2015 01/15/15 Sold $50,000 -- --
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
2024 $10,252 $275,000 $12,300 $262,700
2022 $10,274 $275,000 $12,300 $262,700
2021 $10,269 $275,000 $12,300 $262,700
2020 $10,450 $275,000 $12,300 $262,700
2019 $10,343 $275,000 $12,300 $262,700
2018 $7,253 $196,400 $12,300 $184,100
2017 $6,992 $196,400 $12,300 $184,100
2016 $6,756 $196,400 $12,300 $184,100
2015 $6,499 $196,400 $12,300 $184,100
2014 $6,090 $196,400 $12,300 $184,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    KAYLEON STEWART

    KELLER WILLIAMS REALTY

  • Irving Cham

    Seller's Agent in 2017

    Irving Cham

    COLDWELL BANKER REALTY

    (973) 445-7010

    1 in this area

    46 Total Sales

    Irving Cham
    Section Image

  • R

    Seller Co-Listing Agent in 2017

    RONALD FOWLIN

    COLDWELL BANKER REALTY

  • William Helfricht

    Buyer's Agent in 2017

    William Helfricht

    UNITED REAL ESTATE

    (888) 501-6953

    59 Total Sales

    William Helfricht
    Section Image
  • LaNa JONES-JULES

    Seller's Agent in 2015

    LaNa JONES-JULES

    JULES REALTY

    (917) 364-5560

    7 Total Sales

    LaNa JONES-JULES
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3706974

Garden State MLS

APN: 14-03011-0000-00075

New Jersey Essex County Newark 07108 Clinton Hill

872 S 16th St, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 872 S 16th St, Newark, NJ 07108 since 22 April 2021 and is currently estimated at $567,650. This property was built in 1960. 872 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.

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