NOT LISTED FOR SALE

437 S 16th St Unit 439 Newark, NJ 07103

West Side Neighborhood

Estimated Value: $635,000 - $869,000

-- Bed
-- Bath
3,522 Sq Ft
$217/Sq Ft Est. Value

Last Sold December 18, 2024

Last sale price $760,000 $216 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,564/month

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 since 25 September 2024 and is currently estimated at $764,898, approximately $217 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

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 5310181
  • 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%
Views
35
Current Estimated Value
$764,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,898
Avg. Annual Appreciation
0.64%
Original Mortgage
$722,000
Outstanding Balance
$716,311
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$48,587

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
6.67%

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Olusoga Funmilola $760,000 Fidelity National Title
Olusoga Funmilola $760,000 Fidelity National Title
437-439 S 16Th Street Llc $550,000 Clear Skies Title
Antos Antes Financial Llc $100 --
Gomes Armindo $130,000 None Available
Mortgage Guaranty Insurance Corp -- None Available
Kaara Patrick $391,000 --
Wangwe Sylvia $277,000 --
Cantalupo Michael $95,000 --
Hutchinson Leonia $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olusoga Funmilola $722,000
Closed Olusoga Funmilola $722,000
Previous Owner 437-439 S 16Th Street Llc $495,000
Previous Owner Gomes Armindo $150,000
Previous Owner Kaara Patrick $391,000
Previous Owner Cantalupo Michael $94,939
Previous Owner Hutchinson Leonia $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $6,524 $175,000 $31,600 $143,400
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

  • TOVIA LICHTMAN

    Seller's Agent in 2024

    TOVIA LICHTMAN

    KELLER WILLIAMS MID-TOWN DIRECT

    (347) 470-6144

    20 in this area

    288 Total Sales

    TOVIA LICHTMAN
    Section Image

  • C

    Buyer's Agent in 2024

    CLINT MITCHELL

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3926046

Garden State MLS

APN: 14-00320-0000-00024

New Jersey Essex County Newark 07103 West Side

437 S 16th St Unit 439, Newark, NJ

Not Listed for Sale

MultiFamily

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