NOT LISTED FOR SALE

474 S 16th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $607,212

-- Bed
-- Bath
3,735 Sq Ft
$163/Sq Ft Est. Value

About This Home

This home is located at 474 S 16th St, Newark, NJ 07103 and is currently estimated at $607,212, approximately $162 per square foot. 474 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Unknown
Bought by
Cherry Jeffrey A
Current Estimated Value
$607,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,943
Outstanding Balance
$463,634
Interest Rate
3.56%
Mortgage Type
FHA
Estimated Equity
$154,895

Purchase Details

Closed on
Nov 18, 2020
Sold by
City Of Newark
Bought by
Jarid Jamar Construction Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2006
Sold by
Forman Charles
Bought by
474 S 16Th Assoc Llc

Purchase Details

Closed on
Jan 5, 2005
Sold by
Wilson Rose Anitra
Bought by
Nj Affordable Homes Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.77%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 12, 1991
Sold by
City Of Newark Plaintiff
Bought by
Wilson Glenn and Rose Defendants
Source: Public Records

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
Cherry Jeffrey A $500,000 Stewart Title Guaranty Company
Jarid Jamar Construction Company Inc $15,000 Prestige Title Agency Inc
474 S 16Th Assoc Llc $171,600 --
Nj Affordable Homes Corp $140,000 --
Wilson Glenn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherry Jeffrey A $490,943
Previous Owner Jarid Jamar Construction Company Inc $320,000
Previous Owner 474 S 16Th Associates Llc $18,000,000
Previous Owner Nj Affordable Homes Corp $65,000
Previous Owner Nj Affordable Homes Corp $250,000
Source: Public Records

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 -- $387,700 $31,300 $356,400
2023 $14,484 $387,700 $31,300 $356,400
2022 $1,169 $31,300 $31,300 $0
2021 $2,039 $54,600 $31,300 $23,300
2020 $0 $54,600 $31,300 $23,300
2019 $0 $54,600 $31,300 $23,300
2018 $0 $54,600 $31,300 $23,300
2017 $1,916 $54,600 $31,300 $23,300
2016 $1,878 $54,600 $31,300 $23,300
2015 $1,807 $54,600 $31,300 $23,300
2014 $1,693 $54,600 $31,300 $23,300
Source: Public Records

Map

New Jersey Essex County Newark 07103 West Side

474 S 16th St, Newark, NJ

This home is located at 474 S 16th St, Newark, NJ 07103 and is currently estimated at $607,212, approximately $162 per square foot. 474 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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