NOT LISTED FOR SALE

482 S 16th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $435,000 - $677,000

-- Bed
-- Bath
2,912 Sq Ft
$189/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $335,000 $115 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,430/month

11 Days on Market

About This Home

As of June 2021

This home is located at 482 S 16th St, Newark, NJ 07103 since 19 October 2020 and is currently estimated at $548,974, approximately $188 per square foot. 482 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

BRENDAN DASILVA

KELLER WILLIAMS - NJ METRO GROUP Brokerage Phone: 973-783-7400 Listed on: 10/19/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,483

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,483

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 5026018
  • Attribution Contact: 973-783-7400
  • 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

Listed on
Oct 19, 2020
Closed on
Jun 7, 2021
Sold by
Gurudev Homes Llc
Bought by
Moreira Sonia Gloria
Seller's Agent
BRENDAN DASILVA
KELLER WILLIAMS - NJ METRO GROUP
List Price
$299,999
Sold Price
$335,000
Premium/Discount to List
$35,001
11.67%
Current Estimated Value
$548,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,974
Avg. Annual Appreciation
11.77%
Original Mortgage
$328,932
Outstanding Balance
$297,807
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$251,167

Purchase Details

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

Purchase Details

Closed on
Jul 19, 2013
Bought by
58 New Street Holdin Llc

Purchase Details

Closed on
Sep 13, 2010
Sold by
Secretary Of Housing & Urban Development
Bought by
Reyes Walter

Purchase Details

Closed on
Jul 23, 2007
Sold by
Thomas Jacob
Bought by
Hud

Purchase Details

Closed on
Aug 31, 2005
Sold by
482 S 16Th Assoc Llc
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
$305,210
Interest Rate
5.92%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 2001
Sold by
Chase Manhattan Bank
Bought by
Major Trading Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.14%

Purchase Details

Closed on
May 13, 1996
Sold by
Hud
Bought by
Turner Zachary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Moreira Sonia Gloria $335,000 Ridge Title Agency Llc
Gurudev Homes Llc -- --
58 New Street Holdin Llc $40,000 --
Reyes Walter $27,000 None Available
Hud -- None Available
Thomas Jacob $310,000 --
Major Trading Llc $45,000 --
Turner Zachary $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreira Sonia Gloria $328,932
Previous Owner Thomas Jacob $305,210
Previous Owner Major Trading Llc $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2021 06/29/21 Sold $335,000 +11.7% $115 / Sq Ft
12/31/2020 12/31/20 For Sale $299,999 0.0% $103 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/28/2020 10/28/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $299,999 -- $103 / Sq Ft
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 $6,483 $173,900 $31,300 $142,600
2024 $6,483 $173,900 $31,300 $142,600
2023 $6,497 $173,900 $31,300 $142,600
2022 $6,497 $173,900 $31,300 $142,600
2021 $6,493 $173,900 $31,300 $142,600
2020 $6,608 $173,900 $31,300 $142,600
2019 $6,540 $173,900 $31,300 $142,600
2018 $6,422 $173,900 $31,300 $142,600
2017 $6,191 $173,900 $31,300 $142,600
2016 $5,982 $173,900 $31,300 $142,600
2015 $5,754 $173,900 $31,300 $142,600
2014 $5,393 $173,900 $31,300 $142,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    BRENDAN DASILVA

    KELLER WILLIAMS - NJ METRO GROUP

See All Agents

Map

Source: Garden State MLS

MLS Number: 3672841

Garden State MLS

APN: 14-00328-0000-00034

New Jersey Essex County Newark 07103 West Side

482 S 16th St, Newark, NJ

Not Listed for Sale

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