NOT LISTED FOR SALE

16 Foundry St Unit 18 Newark, NJ 07105

North Ironbound Neighborhood

Estimated Value: $438,309

-- Bed
-- Bath
2,500 Sq Ft
$175/Sq Ft Est. Value

About This Home

This home is located at 16 Foundry St Unit 18, Newark, NJ 07105 and is currently estimated at $438,309, approximately $175 per square foot. 16 Foundry St Unit 18 is a home located in Essex County with nearby schools including Hawkins Street Elementary School, Lafayette Street Elementary School, and Oliver Street School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2023
Sold by
Foundry Fairmount Llc
Bought by
16 Foundry Llc
Current Estimated Value
$438,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$261,857
Interest Rate
6.54%
Mortgage Type
Seller Take Back
Estimated Equity
$176,452

Purchase Details

Closed on
Aug 22, 2018
Sold by
Naden Llc
Bought by
Foundry Fairmount Llc

Purchase Details

Closed on
Sep 10, 2001
Sold by
Borsellino Assunta
Bought by
Magalhaes Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.82%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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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.

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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.

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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
16 Foundry Llc $446,000 Ats Title
Foundry Fairmount Llc $230,000 Clear Skies Title Agency
Magalhaes Jonathan $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 16 Foundry Llc $400,000
Previous Owner Magalhaes Jonathan $189,000
Source: Public Records

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 $7,083 $170,000 $125,000 $45,000
2024 $7,083 $190,000 $125,000 $65,000
2022 $7,849 $210,100 $125,000 $85,100
2021 $7,845 $210,100 $125,000 $85,100
2020 $8,554 $225,100 $125,000 $100,100
2019 $8,466 $225,100 $125,000 $100,100
2018 $2,003 $225,100 $125,000 $100,100
2017 $7,899 $225,100 $125,000 $100,100
2016 $7,743 $225,100 $125,000 $100,100
2015 $7,449 $225,100 $125,000 $100,100
2014 $6,980 $225,100 $125,000 $100,100
Source: Public Records

Map

New Jersey Essex County Newark 07105 North Ironbound

16 Foundry St Unit 18, Newark, NJ

Not Listed for Sale

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