NOT LISTED FOR SALE

480 S 16th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $534,000 - $764,000

-- Bed
-- Bath
2,844 Sq Ft
$224/Sq Ft Est. Value

About This Home

This home is located at 480 S 16th St, Newark, NJ 07103 and is currently estimated at $637,220, approximately $224 per square foot. 480 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
Jul 11, 2022
Sold by
480 S 16 Llc
Bought by
235 Peshine Ave Llc
Current Estimated Value
$637,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,148,750
Outstanding Balance
$2,061,921
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
-$1,410,138

Purchase Details

Closed on
Nov 23, 2021
Sold by
Gurudey Homes Llc
Bought by
480 S 16 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
2.98%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 12, 2015
Sold by
58 New Street Holdings Llc
Bought by
Gurudev Homes Llc

Purchase Details

Closed on
Apr 11, 2014
Sold by
Andramuno Ivan
Bought by
58 New Street Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
4.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 24, 2009
Sold by
Dino & Sam Enterprises Llc
Bought by
Andramuno Ivan

Purchase Details

Closed on
Apr 10, 2009
Sold by
Jpmorgan Chase Bank National Association
Bought by
Dino & Sam Enterprises Llc

Purchase Details

Closed on
Jan 16, 2008
Sold by
Thomas Jacob W
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Oct 31, 2005
Sold by
Siegerman Drue
Bought by
Thomas Jacob

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
6.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2002
Sold by
1St All Pro Enterprises Inc
Bought by
Mcmahon Brian

Purchase Details

Closed on
Jul 6, 2001
Sold by
Funb
Bought by
1St All Pro Enterprises Inc

Purchase Details

Closed on
Apr 16, 1996
Sold by
Newark
Bought by
Foglia Roland

Purchase Details

Closed on
Apr 2, 1993
Sold by
The City Of Newark
Bought by
Nicholason Willie and Nicholason S
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
235 Peshine Ave Llc -- None Listed On Document
480 S 16 Llc $402,500 Dekel Abstract Llc
Gurudev Homes Llc -- --
58 New Street Holdings Llc -- None Available
Andramuno Ivan $60,000 East Coast Title Agency
Dino & Sam Enterprises Llc $32,000 None Available
Jpmorgan Chase Bank Na -- None Available
Thomas Jacob $310,000 --
Mcmahon Brian $41,000 --
1St All Pro Enterprises Inc $22,000 --
Foglia Roland $6,500 --
Nicholason Willie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 235 Peshine Ave Llc $2,148,750
Previous Owner 480 S 16 Llc $382,500
Previous Owner 480 S 16 Llc $382,500
Previous Owner 58 New Street Holdings Llc $231,000
Previous Owner 58 New Street Holdings Llc $10,500
Previous Owner 58 New Street Holdings Llc $3,900
Previous Owner 58 New Street Holdings Llc $33,600
Previous Owner 58 New Street Financial Llc $3,600
Previous Owner Thomas Jacob $62,000
Previous Owner Thomas Jacob $248,000
Closed 58 New Street Holdings Llc --
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 $6,487 $174,000 $31,300 $142,700
2023 $6,501 $174,000 $31,300 $142,700
2022 $6,501 $174,000 $31,300 $142,700
2021 $6,497 $174,000 $31,300 $142,700
2020 $6,612 $174,000 $31,300 $142,700
2019 $6,544 $174,000 $31,300 $142,700
2018 $6,426 $174,000 $31,300 $142,700
2017 $6,194 $174,000 $31,300 $142,700
2016 $5,986 $174,000 $31,300 $142,700
2015 $5,758 $174,000 $31,300 $142,700
2014 $5,396 $174,000 $31,300 $142,700
Source: Public Records

Map

New Jersey Essex County Newark 07103 West Side

480 S 16th St, Newark, NJ

This home is located at 480 S 16th St, Newark, NJ 07103 and is currently estimated at $637,220, approximately $224 per square foot. 480 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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