$431,000
SOLD FEB 1, 2022
-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Recently Sold

3% Above List Price

39 Days on Market

About This Home

As of February 2022

This home is located at 473 S 16th St, Newark, NJ 07103 and is currently priced at $431,000. This property was built in 1922. 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.

Last Agent to Sell the Property

Domingo Rodriguez

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 10/21/2021

EXP REALTY, LLC

Last Buyer's Agent

Catarina Gomes

RE/MAX LIFETIME REALTORS

RE/MAX LIFETIME REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,994

Year Built

  • 1922

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,994

Year Built

1922

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 473
  • I D: 5111464
  • Modified: 2023-02-02
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1922

Lot Info

  • Lot Size: 40X100
  • Total Acres: 0.09

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%
Total Days on Market
39
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
10.72%
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
Source: Public Records

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Range of Values:

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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 $431,000 All Ahead Title
Deed $90,000 Os National Resware
Deed $100,000 --
Deed -- Opal Title Service Llc
Quit Claim Deed -- --
Deed $35,750 None Available
Deed $7,500 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $422,211 FHA
Previous Owner $9,000 Unknown
Previous Owner $168,000 Purchase Money Mortgage
Previous Owner $13,647 Unknown
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 -- --
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 $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

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Map

Source: Garden State MLS

MLS Number: 3748089

Garden State MLS

APN: 14-00327-0000-00012