$760,000
SOLD DEC 18, 2024

437 S 16th St Unit 439 Newark, NJ 07103

West Side Neighborhood
-- Bed
-- Bath
3,522 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$216 Per Sq Ft

6% Above List Price

26 Days on Market

About This Home

As of December 2024

This home is located at 437 S 16th St Unit 439, Newark, NJ 07103 and is currently priced at $760,000, approximately $215 per square foot. 437 S 16th St Unit 439 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

TOVIA LICHTMAN

KELLER WILLIAMS MID-TOWN DIRECT Brokerage Phone: 973-762-5400 Listed on: 09/25/2024

KELLER WILLIAMS MID-TOWN DIRECT

Last Buyer's Agent

CLINT MITCHELL

WEICHERT REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,524

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,524

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 437
  • I D: 5310181
  • Modified: 2024-12-23
  • Number Images: 1
  • Attribution Contact: 973-762-5400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 28X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2024
Closed on
Dec 16, 2024
Sold by
437-439 S 16Th Street Llc
Bought by
Olusoga Funmilola
Seller's Agent
TOVIA LICHTMAN
KELLER WILLIAMS MID-TOWN DIRECT
Buyer's Agent
CLINT MITCHELL
WEICHERT REALTORS
List Price
$719,000
Sold Price
$760,000
Premium/Discount to List
$41,000
5.7%
Total Days on Market
26
Views
35
Current Estimated Value
$765,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,274
Avg. Annual Appreciation
1.39%
Original Mortgage
$722,000
Outstanding Balance
$719,507
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$45,767

Purchase Details

Closed on
Sep 13, 2024
Sold by
Antos Antes Financial Llc
Bought by
437-439 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
$495,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2015
Sold by
Sheriff Armando Fontoura
Bought by
Antos Antes Financial Llc

Purchase Details

Closed on
Jul 17, 2009
Sold by
Mortgage Guaranty Insurance Corporation
Bought by
Gomes Armindo

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
5.58%
Mortgage Type
Unknown

Purchase Details

Closed on
May 18, 2007
Sold by
Novastar Mortgage Inc
Bought by
Mortgage Guaranty Insurance Corp

Purchase Details

Closed on
Feb 15, 2006
Sold by
Mainye Irene
Bought by
Kaara Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,000
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2004
Sold by
Neno Francisco
Bought by
Wangwe Sylvia and Wangwe Salome

Purchase Details

Closed on
Jul 23, 1999
Sold by
Hutchinson Leoncia
Bought by
Cantalupo Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,939
Interest Rate
7.65%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 1994
Sold by
Branch Henry
Bought by
Hutchinson Leonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
8.55%
Source: Public Records

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Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $760,000 Fidelity National Title
Deed $760,000 Fidelity National Title
Bargain Sale Deed $550,000 Clear Skies Title
Quit Claim Deed $100 --
Deed $130,000 None Available
Bargain Sale Deed -- None Available
Deed $391,000 --
Deed $277,000 --
Deed $95,000 --
Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $722,000 New Conventional
Closed $722,000 New Conventional
Previous Owner $495,000 New Conventional
Previous Owner $150,000 Unknown
Previous Owner $391,000 New Conventional
Previous Owner $344,592 FHA
Previous Owner $94,939 FHA
Previous Owner $62,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2024 12/18/24 Sold $760,000 +5.7% $216 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
09/25/2024 09/25/24 For Sale $719,000 -- $204 / Sq Ft
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
2024 $6,524 $175,000 $31,600 $143,400
2022 $7,793 $208,600 $31,600 $177,000
2021 $7,789 $208,600 $31,600 $177,000
2020 $7,927 $208,600 $31,600 $177,000
2019 $7,845 $208,600 $31,600 $177,000
2018 $7,704 $208,600 $31,600 $177,000
2017 $7,426 $208,600 $31,600 $177,000
2016 $7,176 $208,600 $31,600 $177,000
2015 $6,903 $208,600 $31,600 $177,000
2014 $6,469 $208,600 $31,600 $177,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3926046

Garden State MLS

APN: 14-00320-0000-00024