NOT LISTED FOR SALE

Estimated Value: $653,000 - $777,000

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

Last Sold August 17, 2015

Last sale price $153,970

Est. 351% increase in value since last sale

Current estimated payment $4,475/month

About This Home

As of August 2015

This home is located at 447 S 16th St, Newark, NJ 07103 since 17 August 2015 and is currently estimated at $694,842. This property was built in 2003. 447 S 16th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Lincoln Elementary School, and Louise A. Spencer School.

Last Agent to Sell the Property

Robert Kohrs

GARDEN STATE REALTY GROUP, LLC Brokerage Phone: 201-653-3335 Listed on: 08/17/2015

Last Buyer's Agent

JUAN C. ESCOBAR

REALTY ONE GROUP LEGEND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,650

Year Built

  • Built in 2003

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,650

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Year Built: 2003
  • County Name: Essex
  • Street Number Display: 447
  • I D: 4508046
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 201-653-3335
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2020
Sold by
Ortiz Jason and Games Jason
Bought by
Ortiz Jason
Current Estimated Value
$694,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,620
Outstanding Balance
$240,833
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$454,009

Purchase Details

Listed on
Aug 17, 2015
Closed on
Aug 17, 2015
Sold by
Fannie Mae
Bought by
Gomez Jason
Seller's Agent
Robert Kohrs
GARDEN STATE REALTY GROUP, LLC
Buyer's Agent
JUAN C. ESCOBAR
REALTY ONE GROUP LEGEND
Sold Price
$153,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.30%

Purchase Details

Closed on
Feb 9, 2015
Sold by
Armando B Fontoura Sheriff
Bought by
Federal National Mortgage Assoc

Purchase Details

Closed on
Oct 30, 2003
Sold by
Afco Builders Inc
Bought by
Joseph Marlon and Joseph Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,900
Interest Rate
6.01%

Purchase Details

Closed on
Aug 13, 2002
Sold by
Lilac Dev Group Inc
Bought by
Afco Builders Inc

Purchase Details

Closed on
Aug 2, 2002
Sold by
Williams Robert
Bought by
Lilac Dev Group Llc
Source: Public Records

Range of Values:

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
Ortiz Jason -- None Available
Gomez Jason -- --
Federal National Mortgage Assoc $100 --
Joseph Marlon $249,900 --
Afco Builders Inc $38,000 --
Lilac Dev Group Llc $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Jason $130,000
Open Ortiz Jason $268,620
Previous Owner Joseph Marlon $224,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2015 08/17/15 Sold $153,970 -- --
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 $7,650 $205,200 $31,300 $173,900
2024 $7,650 $205,200 $31,300 $173,900
2022 $7,666 $205,200 $31,300 $173,900
2021 $7,662 $205,200 $31,300 $173,900
2020 $7,798 $205,200 $31,300 $173,900
2019 $7,718 $205,200 $31,300 $173,900
2018 $7,578 $205,200 $31,300 $173,900
2017 $7,305 $205,200 $31,300 $173,900
2016 $7,059 $205,200 $31,300 $173,900
2015 $6,790 $205,200 $31,300 $173,900
2014 $6,363 $205,200 $31,300 $173,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3202792

Garden State MLS

APN: 14-00320-0000-00028