NOT LISTED FOR SALE

880 S 16th St Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $426,000 - $715,000

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

Last Sold July 07, 2017

Last sale price $180,000

Est. 244% increase in value since last sale

Current estimated payment $4,102/month

184 Days on Market

About This Home

As of July 2017

This home is located at 880 S 16th St, Newark, NJ 07108 since 03 October 2016 and is currently estimated at $620,087. 880 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

Michael Rosa

ROSA AGENCY Brokerage Phone: 973-589-7550 Listed on: 10/03/2016

Last Buyer's Agent

Michael Rosa

ROSA AGENCY Brokerage Phone: 973-589-7550 Listed on: 10/03/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,010

Lot Details

  • 32 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,010

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 4662242
  • Attribution Contact: 973-589-7550
  • 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
Oct 3, 2016
Closed on
Jun 30, 2017
Sold by
Bastos Pedro B and Bastos Paula Krystianne Correia
Bought by
Miguel Luis and Simoes Filipe
Seller's Agent
Michael Rosa
ROSA AGENCY
Buyer's Agent
Michael Rosa
ROSA AGENCY
List Price
$240,000
Sold Price
$180,000
Premium/Discount to List
-$60,000
-25%
Current Estimated Value
$620,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,087
Avg. Annual Appreciation
15.91%
Original Mortgage
$144,000
Outstanding Balance
$119,804
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$500,283

Purchase Details

Closed on
Nov 17, 2003
Sold by
Eurostar Contracting
Bought by
Bastos Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,342
Interest Rate
5.9%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 24, 2002
Sold by
Robinson Susan
Bought by
Eurostar Contracting Llc

Purchase Details

Closed on
Jul 6, 1989
Sold by
City Of Newark
Bought by
Montgomery Earl
Source: Public Records

Range of Values:

Collateral Analytics

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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
Miguel Luis $180,000 Foundation Title Llc
Bastos Pedro $339,000 --
Eurostar Contracting Llc $40,000 --
Montgomery Earl $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miguel Luis $144,000
Previous Owner Bastos Pedro $336,342
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2017 07/07/17 Sold $180,000 -25.0% --
04/05/2017 04/05/17 Pending -- -- --
10/03/2016 10/03/16 For Sale $240,000 -- --
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 $10,010 $268,500 $12,300 $256,200
2024 $10,010 $268,500 $12,300 $256,200
2022 $10,031 $268,500 $12,300 $256,200
2021 $10,026 $268,500 $12,300 $256,200
2020 $10,203 $268,500 $12,300 $256,200
2019 $10,098 $268,500 $12,300 $256,200
2018 $9,916 $268,500 $12,300 $256,200
2017 $9,559 $268,500 $12,300 $256,200
2016 $9,236 $268,500 $12,300 $256,200
2015 $8,885 $268,500 $12,300 $256,200
2014 $8,326 $268,500 $12,300 $256,200
Source: Public Records

Agents Affiliated with this Home

  • Michael Rosa

    Seller's Agent in 2017

    Michael Rosa

    ROSA AGENCY

    (908) 289-5200

    132 Total Sales

    Michael Rosa
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Map

Source: Garden State MLS

MLS Number: 3340363

Garden State MLS

APN: 14-03011-0000-00072

New Jersey Essex County Newark 07108 Clinton Hill

880 S 16th St, Newark, NJ

Not Listed for Sale

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