NOT LISTED FOR SALE

427 S 16th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $654,917 - $777,000

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

Last Sold July 12, 2019

Last sale price $213,000

Est. 237% increase in value since last sale

Current estimated payment $4,434/month

49 Days on Market

About This Home

As of July 2019

This home is located at 427 S 16th St, Newark, NJ 07103 since 18 March 2019 and is currently estimated at $717,979. 427 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

Elvin Ames

SMART REALTY, LLC. Brokerage Phone: 973-241-3003 Listed on: 03/18/2019

Last Buyer's Agent

Juan Duque

RE/MAX PROFESSIONALS I

RE/MAX PROFESSIONALS I

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,538

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,538

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 427
  • I D: 4879794
  • Modified: 2020-07-13
  • Number Images: 1
  • Attribution Contact: 973-241-3003
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 26X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2020
Sold by
S 16 Bsd Llc
Bought by
Kahan Bela R
Current Estimated Value
$717,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2019
Closed on
May 15, 2019
Sold by
Carrington Mortgage Svcs
Bought by
24F Holdings Llc
Seller's Agent
Elvin Ames
SMART REALTY, LLC.
Buyer's Agent
Juan Duque
RE/MAX PROFESSIONALS I
List Price
$195,000
Sold Price
$213,000
Premium/Discount to List
$18,000
9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.64%

Purchase Details

Closed on
Nov 13, 2008
Sold by
Us Bank National Association
Bought by
Comseg Management

Purchase Details

Closed on
Jul 10, 2008
Sold by
Badejo Abiola
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 12, 2004
Sold by
Elegant Homes Inc
Bought by
Nunes Israel

Purchase Details

Closed on
Sep 12, 1988
Sold by
Mclean Roxie L
Bought by
Mclean Lacy T
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
Kahan Bela R -- Adar Land & Tree Abstract In
24F Holdings Llc $213,000 --
Comseg Management $162,500 None Available
Us Bank National Association -- None Available
Nunes Israel $100,000 --
Mclean Lacy T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kahan Bela R $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $213,000 +9.2% --
05/06/2019 05/06/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $195,000 -- --
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 $7,538 $202,200 $29,500 $172,700
2024 $7,538 $202,200 $29,500 $172,700
2022 $7,554 $202,200 $29,500 $172,700
2021 $7,550 $202,200 $29,500 $172,700
2020 $7,684 $202,200 $29,500 $172,700
2019 $7,605 $202,200 $29,500 $172,700
2018 $7,467 $202,200 $29,500 $172,700
2017 $7,198 $202,200 $29,500 $172,700
2016 $6,956 $202,200 $29,500 $172,700
2015 $6,691 $202,200 $29,500 $172,700
2014 $6,270 $202,200 $29,500 $172,700
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Elvin Ames

    SMART REALTY, LLC.

    (973) 241-3003

    10 Total Sales

    Elvin Ames
    Section Image
  • Juan Duque

    Buyer's Agent in 2019

    Juan Duque

    RE/MAX

    (201) 982-1116

    12 Total Sales

    Juan Duque
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3540178

Garden State MLS

APN: 14-00320-0000-00018

New Jersey Essex County Newark 07103 West Side

427 S 16th St, Newark, NJ

This home is located at 427 S 16th St, Newark, NJ 07103 since 18 March 2019 and is currently estimated at $717,979. 427 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.

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