NOT LISTED FOR SALE

880 S 16th St Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $441,000 - $728,000

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

Last Sold July 07, 2017

Last sale price $180,000

Est. 258% increase in value since last sale

Current estimated payment $4,234/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 $643,811. 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
  • Street Number Display: 880
  • I D: 4662242
  • Modified: 2021-09-23
  • Number Images: 1
  • 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
$643,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,811
Avg. Annual Appreciation
17.52%
Original Mortgage
$144,000
Outstanding Balance
$120,092
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$558,701

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Change Sq Ft Price
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

    129 Total Sales

    Michael Rosa
    Section Image
See All Agents

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

This home is located at 880 S 16th St, Newark, NJ 07108 since 03 October 2016 and is currently estimated at $643,811. 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes