NOT LISTED FOR SALE

473 S 16th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $525,736 - $690,000

3 Beds
1 Bath
4,158 Sq Ft
$145/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $431,000 $104 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,302/month

About This Home

As of February 2022

Welcome to 473 South 16th Street, Unit 2. This recently renovated three bedroom one bath apartment has everything you need and is awaiting its next tenant! This unit boasts an open floor plan, and newer appliances. Plenty of large windows flood the apartment with tons of natural light and the beautiful hardwood floors are sure to sing to your heart! Need a safe place to park your car? There is a gated backyard where you will be able to park one car. Landlord is also offering a covered garage parking spot for an additional $250 per month or $100 for an extra spot in the driveway. Convenience in location and convenience in living - minutes away from NYC Public transit, schools, shopping, gyms, and entertainment. Come check this one out today!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Jan 24, 2022
Sold by
Newark Property Owner 2 Llc
Bought by
Brumant Ronnie C
Seller's Agent
Domingo Rodriguez
EXP REALTY, LLC
Buyer's Agent
Catarina Gomes
RE/MAX LIFETIME REALTORS
List Price
$419,000
Sold Price
$431,000
Premium/Discount to List
$12,000
2.86%
Current Estimated Value
$604,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,934
Avg. Annual Appreciation
10.75%
Original Mortgage
$422,211
Interest Rate
3.92%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 2020
Sold by
Lx Financial Llc
Bought by
Newark Property Owner 2 Llc

Purchase Details

Closed on
Mar 14, 2014
Sold by
58 New Street Holdin
Bought by
Gianna Real Estate G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000
Interest Rate
4.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 24, 2013
Sold by
Arianna Holding Comp
Bought by
58 New Street Holdin

Purchase Details

Closed on
Feb 5, 2010
Sold by
473 South 16Th Street Llc
Bought by
Young Gregory A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,647
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 9, 1999
Sold by
Newark
Bought by
Zakhari Amgad

Purchase Details

Closed on
Dec 24, 1990
Sold by
Calloway Gregory
Bought by
Parks Brenda

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Brumant Ronnie C $431,000 All Ahead Title
Newark Property Owner 2 Llc $90,000 Os National Resware
Gianna Real Estate G $100,000 --
Lx Financial Llc -- Opal Title Service Llc
58 New Street Holdin -- --
Young Gregory A $35,750 None Available
Zakhari Amgad $7,500 --
Parks Brenda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brumant Ronnie C $422,211
Previous Owner Gianna Real Estate G $9,000
Previous Owner Gianna Real Estate G $168,000
Previous Owner Young Gregory A $13,647
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Rented $1,850 0.0% --
09/02/2023 09/02/23 For Rent $1,850 0.0% --
02/01/2022 02/01/22 Sold $431,000 +2.9% --
11/29/2021 11/29/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $419,000 -- --

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 $10,994 $294,900 $34,100 $260,800
2022 $3,093 $82,800 $34,300 $48,500
2021 $3,092 $82,800 $34,300 $48,500
2020 $3,146 $82,800 $34,300 $48,500
2019 $3,114 $82,800 $34,300 $48,500
2018 $0 $82,800 $34,300 $48,500
2017 $2,948 $82,800 $34,300 $48,500
2016 $2,848 $82,800 $34,300 $48,500
2015 $2,740 $82,800 $34,300 $48,500
2014 $2,568 $82,800 $34,300 $48,500
Source: Public Records

Agents Affiliated with this Home

  • Catarina Gomes

    Seller's Agent in 2023

    Catarina Gomes

    RE/MAX

    (862) 371-0600

    1 in this area

    194 Total Sales

    Catarina Gomes
    Section Image

  • O

    Buyer's Agent in 2023

    Outside Agent

    Outside Office

  • Domingo Rodriguez

    Seller's Agent in 2022

    Domingo Rodriguez

    EXP REALTY, LLC

    (973) 296-3776

    2 in this area

    113 Total Sales

    Domingo Rodriguez
    Section Image
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Map

New Jersey Essex County Newark 07103 West Side

473 S 16th St, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 473 S 16th St, Newark, NJ 07103 and is currently estimated at $604,934, approximately $145 per square foot. 473 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.

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.

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