NOT LISTED FOR SALE

98 16th Ave Newark, NJ 07103

West Side Neighborhood

Estimated Value: $560,403 - $780,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold August 03, 2020

Last sale price $330,000

Est. 96% increase in value since last sale

Current estimated payment $4,210/month

42 Days on Market

About This Home

As of August 2020

This home is located at 98 16th Ave, Newark, NJ 07103 since 09 May 2020 and is currently estimated at $646,351. This property was built in 1999. 98 16th Ave is a home located in Essex County with nearby schools including Camden Street Elementary School, Harriet Tubman School, and Cleveland Elementary School.

Last Buyer's Agent

ABUBAKAR HABIB

DIAS & ASSOCIATES REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,391

Year Built

  • Built in 1999

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,391

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Year Built: 1999
  • County Name: Essex
  • Street Number Display: 98
  • I D: 4979992
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 908-445-5546
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2020
Closed on
Jul 30, 2020
Sold by
Matos Christopher
Bought by
Ayilara Shola Clara
Buyer's Agent
ABUBAKAR HABIB
DIAS & ASSOCIATES REALTY
List Price
$330,000
Sold Price
$330,000
Current Estimated Value
$646,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,351
Avg. Annual Appreciation
13.91%
Original Mortgage
$324,022
Outstanding Balance
$287,961
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$358,390

Purchase Details

Listed on
Feb 14, 2014
Closed on
Feb 10, 2014
Sold by
Mosaic Realty Llc
Bought by
Matos Christopher
Seller's Agent
Donna Clayton
RE/MAX SELECT
Buyer's Agent
LIDIA LEHMANN
ROSA AGENCY
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.55%

Purchase Details

Closed on
Jun 28, 2012
Sold by
Widener William and Widener Naomi
Bought by
Mosaic Realty Inc

Purchase Details

Closed on
Jul 20, 2006
Sold by
Johnson Junior
Bought by
Widener William and Fisher Naomi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,983
Interest Rate
6.71%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 2, 1999
Sold by
Macedonia Ministries
Bought by
Johnson Junior and Thomas Jacqueline

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
7.65%

Purchase Details

Closed on
Jan 29, 1999
Sold by
Newark
Bought by
Macodonia Ministries

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
6.74%
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 Buyer Sale Price Title Company
Ayilara Shola Clara $330,000 Vital Abstract Llc
Matos Christopher $145,000 --
Matos Christopher $145,000 --
Mosaic Realty Inc $100,000 None Available
Widener William $260,000 --
Johnson Junior $150,000 --
Macodonia Ministries $8,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayilara Shola Clara $324,022
Previous Owner Widener William $255,983
Previous Owner Johnson Junior $150,000
Previous Owner Macodonia Ministries $4,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $330,000 0.0% --
06/20/2020 06/20/20 Pending -- -- --
05/09/2020 05/09/20 For Sale $330,000 +127.6% --
02/14/2014 02/14/14 Sold $145,000 -- --
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 $9,391 $251,900 $29,700 $222,200
2024 $9,391 $251,900 $29,700 $222,200
2022 $9,411 $251,900 $29,700 $222,200
2021 $9,406 $251,900 $29,700 $222,200
2020 $5,841 $153,700 $29,700 $124,000
2019 $5,781 $153,700 $29,700 $124,000
2018 $5,676 $153,700 $29,700 $124,000
2017 $5,472 $153,700 $29,700 $124,000
2016 $5,287 $153,700 $29,700 $124,000
2015 $5,086 $153,700 $29,700 $124,000
2014 $4,766 $153,700 $29,700 $124,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Buyer's Agent in 2020

    ABUBAKAR HABIB

    DIAS & ASSOCIATES REALTY

  • Donna Clayton

    Seller's Agent in 2014

    Donna Clayton

    RE/MAX

    (908) 787-2804

    21 Total Sales

    Donna Clayton
    Section Image

  • L

    Buyer's Agent in 2014

    LIDIA LEHMANN

    ROSA AGENCY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3631715

Garden State MLS

APN: 14-00301-0000-00008

New Jersey Essex County Newark 07103 West Side

98 16th Ave, Newark, NJ

This home is located at 98 16th Ave, Newark, NJ 07103 since 09 May 2020 and is currently estimated at $646,351. This property was built in 1999. 98 16th Ave is a home located in Essex County with nearby schools including Camden Street Elementary School, Harriet Tubman School, and Cleveland Elementary School.

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