$50,000
SOLD JAN 15, 2015
-- Bed
-- Bath
-- Sq Ft
32 Sq Ft Lot

Recently Sold

About This Home

As of May 2022

This home is located at 872 S 16th St, Newark, NJ 07108 and is currently priced at $50,000. 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 Agent to Sell the Property

LaNa JONES-JULES

JULES REALTY Brokerage Phone: 973-792-0731 Listed on: 01/15/2015

Last Buyer's Agent

LaNa JONES-JULES

JULES REALTY Brokerage Phone: 973-792-0731 Listed on: 01/15/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,252

Year Built

  • Built in 1960

Lot Details

  • 32 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,252

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • County Name: Essex
  • Street Number Display: 872
  • I D: 4447197
  • Modified: 2016-01-16
  • Number Images: 1
  • Attribution Contact: 973-792-0731
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

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
0
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
30.34%
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
16.89%
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
26.37%
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
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 Type Sale Price Title Company
Bargain Sale Deed $123,236 Foundation Title
Bargain Sale Deed $255,000 Foundation Title
Bargain Sale Deed -- Legend Title
Deed $365,999 --
Deed $177,500 --
Deed -- Fortune Title
Deed $88,500 None Available
Quit Claim Deed -- --
Deed $50,000 --
Interfamily Deed Transfer -- United General Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $250,305 FHA
Previous Owner $358,387 No Value Available
Previous Owner -- No Value Available
Previous Owner $358,387 FHA
Previous Owner $169,750 Construction
Previous Owner $150,000 Unknown
Previous Owner $138,000 New Conventional
Previous Owner $125,000 Adjustable Rate Mortgage/ARM
Previous Owner $100,000 New Conventional
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

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Map

Source: Garden State MLS

MLS Number: 3140797

Garden State MLS

APN: 14-03011-0000-00075