NOT LISTED FOR SALE

422 S 16th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $229,000 - $443,098

4 Beds
3 Baths
-- Sq Ft
2,178 Sq Ft Lot

Sale Details

Date Sold: May 10, 2024

Last sale price $200,000

Est. 74% increase in value since last sale

Current estimated payment $2,196 / mo

182 Days on Market

About This Home

As of May 2024

This home is located at 422 S 16th St, Newark, NJ 07103 since 20 September 2023 and is currently estimated at $347,775. 422 S 16th St is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Louise A. Spencer School.

Last Agent to Sell the Property

TAKISHA GRESHAM

REDFIN CORPORATION Brokerage Phone: 973-772-0660 Listed on: 09/20/2023

Last Buyer's Agent

Francis Thurman

EREALTY ADVISORS, INC.

EREALTY ADVISORS, INC.

Home Details

Home Type

  • Single Family

Lot Details

  • 2,178 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Lot Details

2,178 Sq Ft Lot

Listing Details

  • County Name: Essex
  • I D: 5246143
  • Attribution Contact: 973-772-0660
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 20X100
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2025
Sold by
Tubon Segundo
Bought by
Odeyemi Babajide Moses
Current Estimated Value
$347,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,395
Outstanding Balance
$537,079
Interest Rate
6.72%
Mortgage Type
VA
Estimated Equity
-$189,304

Purchase Details

Listed on
Sep 20, 2023
Closed on
May 9, 2024
Sold by
422 S 16Th Street Llc
Bought by
Tubon Segundo
Seller's Agent
TAKISHA GRESHAM
REDFIN CORPORATION
Buyer's Agent
Francis Thurman
EREALTY ADVISORS, INC.
List Price
$230,000
Sold Price
$200,000
Premium/Discount to List
-$30,000
-13.04%
Views
926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.40%

Purchase Details

Closed on
Jun 21, 2022
Sold by
Investher Llc
Bought by
422 S 16Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
5.78%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 31, 2021
Sold by
Pavuluri Paparao
Bought by
Investher Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,650
Interest Rate
3.1%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 20, 1998
Sold by
Wheeler Zachary
Bought by
Pavuluri Paparao
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Odeyemi Babajide Moses $530,000 First American Title
Tubon Segundo $200,000 Old Republic National Title
422 S 16Th Street Llc $200,000 None Listed On Document
Investher Llc $130,000 All Ahead Title Agency
Pavuluri Paparao $16,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odeyemi Babajide Moses $541,395
Previous Owner 422 S 16Th Street Llc $233,000
Previous Owner Investher Llc $142,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $200,000 0.0% --
03/20/2024 03/20/24 Pending -- -- --
02/18/2024 02/18/24 Price Changed $200,000 -13.0% --
01/17/2024 01/17/24 For Sale $230,000 0.0% --
11/16/2023 11/16/23 Pending -- -- --
10/25/2023 10/25/23 Price Changed $230,000 -8.0% --
09/20/2023 09/20/23 For Sale $250,000 -- --
Source: Garden State MLS

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 $4,073 $107,100 $30,000 $77,100
2024 $3,993 $107,100 $30,000 $77,100
2022 $4,001 $107,100 $30,000 $77,100
2021 $3,999 $107,100 $30,000 $77,100
2020 $4,070 $107,100 $30,000 $77,100
2019 $4,028 $107,100 $30,000 $77,100
2018 $3,955 $107,100 $30,000 $77,100
2017 $3,813 $107,100 $30,000 $77,100
2016 $3,684 $107,100 $30,000 $77,100
2015 $3,544 $107,100 $30,000 $77,100
2014 $3,321 $107,100 $30,000 $77,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    TAKISHA GRESHAM

    REDFIN CORPORATION

  • Francis Thurman

    Buyer's Agent in 2024

    Francis Thurman

    EREALTY ADVISORS, INC.

    (908) 400-3594

    7 in this area

    129 Total Sales

    Francis Thurman
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Map

Source: Garden State MLS

MLS Number: 3865829

Garden State MLS

APN: 14-00319-0000-00014

New Jersey Essex County Newark 07103 West Side

422 S 16th St, Newark, NJ

Not Listed for Sale

Detached

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