16 Newark Ave
Ventnor, NJ 08406
5 bd 3 ba 1,390 sqft Built 1940 Lot 2,888 sqft multi_family
Most recent sale
$530,000
Aug 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 11, 2022 | Sold | $530,000 | Public Record |
| Aug 19, 2022 | Sold | $530,000 | MLS #2216519R |
| Jul 6, 2022 | Listed | $525,000 | MLS #2216519R |
| Jul 5, 2022 | Listed | $525,000 | MLS #564797 |
| Oct 8, 1998 | Sold | $120,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $138,800 | $131,300 | $270,100 | $7,627 |
| 2024 | $138,800 | $131,300 | $270,100 | $7,381 |
| 2023 | $138,800 | $131,300 | $270,100 | $6,937 |
| 2022 | $138,800 | $131,300 | $270,100 | $6,696 |
| 2021 | $138,800 | $131,300 | $270,100 | $6,740 |
| 2020 | $138,800 | $131,300 | $270,100 | $6,748 |
| 2019 | $138,800 | $131,300 | $270,100 | $6,982 |
| 2018 | $138,800 | $131,300 | $270,100 | $7,114 |
| 2017 | $138,800 | $131,300 | $270,100 | $7,152 |
| 2016 | $70,000 | $275,200 | $345,200 | $7,546 |
| 2015 | $70,000 | $275,200 | $345,200 | $7,477 |
| 2014 | $70,000 | $275,200 | $345,200 | $7,107 |
| 2013 | $102,900 | $303,200 | $406,100 | $8,077 |
| 2012 | $102,900 | $303,200 | $406,100 | $7,634 |
| 2011 | $102,900 | $303,200 | $406,100 | $7,443 |
| 2009 | $102,900 | $303,200 | $406,100 | $6,777 |
| 2008 | $102,900 | $303,200 | $406,100 | $6,562 |
| 2007 | $102,900 | $303,200 | $406,100 | $6,456 |
Property facts
Year built
1940
Property type
multi_family
Stories
—
Beds
5
Baths
3
Living area
1,390 sqft
Lot size
2,888 sqft
ZIP code
08406
City
Ventnor
Street
Newark Ave
Coordinates
39.33657, -74.48850
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,085
Gross rental yield
4.72%
Implied cap rate
3.07%
Trend-extrapolated value
—
Frequently asked questions
When did 16 Newark Ave last sell?
16 Newark Ave most recently sold on Aug 19, 2022 for $530,000.
What is the current tax assessment for 16 Newark Ave?
The most recent total assessment for 16 Newark Ave (year 2025) is $270,100 with $7,627 in property tax.
How does 16 Newark Ave's assessment compare to its last sale price?
The current assessment is 49.0% below the last sale price of $530,000.
When was 16 Newark Ave built?
16 Newark Ave was built in 1940.
How does 16 Newark Ave compare to others on Newark Ave?
We track 8 other properties on Newark Ave. Browse the list under "Other properties on Newark Ave" to compare beds, baths, and sale history.
What are the property facts for 16 Newark Ave?
16 Newark Ave is a 5 bed, 3 bath, 1,390 sqft, 2,888 sqft lot multi_family.
Is 16 Newark Ave a flip candidate?
No — 16 Newark Ave does not appear in our flips dataset.
Is 16 Newark Ave a tax-appeal candidate?
No — 16 Newark Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.4%
Implied 1-yr
+5.6%
2026 Q3
$987.9K
2026 Q4
$1M
ZIP 08406 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Newark Ave