$585,000
SOLD FEB 20, 2025

874 S 16th St Unit 876 Newark, NJ 07108

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

Recently Sold

5% Above List Price

11 Days on Market

About This Home

As of February 2025

This home is located at 874 S 16th St Unit 876, Newark, NJ 07108 and is currently priced at $585,000. This property was built in 1906. 874 S 16th St Unit 876 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

Veronica Fairweather

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 11/09/2024

EXP REALTY, LLC

Last Buyer's Agent

NATALEE SMALL-DAVIDSON

PREMIUMONE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,411

Year Built

  • Built in 1906

Lot Details

  • 32 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,411

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Year Built: 1906
  • County Name: Essex
  • Street Number Display: 874
  • I D: 5323741
  • Modified: 2025-02-20
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • 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

Listed on
Nov 9, 2024
Closed on
Feb 5, 2025
Sold by
Herah Fabian
Bought by
Mompoint Endy
Seller's Agent
Veronica Fairweather
EXP REALTY, LLC
Buyer's Agent
NATALEE SMALL-DAVIDSON
PREMIUMONE REALTY
List Price
$555,000
Sold Price
$585,000
Premium/Discount to List
$30,000
5.41%
Views
5
Current Estimated Value
$617,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,121
Avg. Annual Appreciation
9.32%
Original Mortgage
$574,404
Outstanding Balance
$571,024
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$46,097

Purchase Details

Closed on
Jun 7, 2018
Sold by
Soundive Home Laon T
Bought by
Moc 16 St Llc

Purchase Details

Closed on
Feb 21, 2003
Sold by
Boston Marci
Bought by
Walker Lorna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.77%
Source: Public Records

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 Type Sale Price Title Company
Deed $585,000 True Value Title
Sheriffs Deed $122,700 --
Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $574,404 FHA
Previous Owner $142,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2025 02/20/25 Sold $585,000 +5.4% --
11/20/2024 11/20/24 Pending -- -- --
11/09/2024 11/09/24 For Sale $555,000 -- --
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 $11,411 $306,100 $12,300 $293,800
2024 $11,411 $306,100 $12,300 $293,800
2022 $11,436 $306,100 $12,300 $293,800
2021 $11,430 $306,100 $12,300 $293,800
2020 $11,632 $306,100 $12,300 $293,800
2019 $6,777 $180,200 $12,300 $167,900
2018 $6,655 $180,200 $12,300 $167,900
2017 $6,415 $180,200 $12,300 $167,900
2016 $6,199 $180,200 $12,300 $167,900
2015 $5,963 $180,200 $12,300 $167,900
2014 $5,588 $180,200 $12,300 $167,900
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2025

    Veronica Fairweather

    EXP REALTY, LLC

    (718) 812-5391

    2 in this area

    19 Total Sales

    Veronica Fairweather
    Section Image

  • N

    Buyer's Agent in 2025

    NATALEE SMALL-DAVIDSON

    PREMIUMONE REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3933690

Garden State MLS

APN: 14-03011-0000-00074

New Jersey Essex County Newark 07108 Clinton Hill

874 S 16th St Unit 876, Newark, NJ

This home is located at 874 S 16th St Unit 876, Newark, NJ 07108 and is currently priced at $585,000. This property was built in 1906. 874 S 16th St Unit 876 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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