NOT LISTED FOR SALE

486 S 16th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $84,664 - $404,000

0.06 Acre
$4,072,200 Price per Acre
2,614 Sq Ft Lot

Last Sold October 04, 2018

Last sale price $25,000

Est. 877% increase in value since last sale

Current estimated payment $1,417/month

138 Days on Market

About This Lot

As of October 2018

This home is located at 486 S 16th St, Newark, NJ 07103 since 11 May 2018 and is currently estimated at $244,332. This property was built in 1908. 486 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

Tom Jones

VOX REALTY Brokerage Phone: 908-851-2121 Listed on: 05/11/2018

Last Buyer's Agent

Kenny Urbina

RE/MAX SELECT

RE/MAX SELECT

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,439

Year Built

  • 1908

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,439

Year Built

1908

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 4803186
  • Modified: 2021-09-23
  • Attribution Contact: 908-851-2121
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1908

Lot Info

  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2022
Sold by
Essex County Sheriffs
Bought by
New West 1 Llc
Total Days on Market
138
Current Estimated Value
$244,332

Purchase Details

Closed on
Apr 4, 2018
Sold by
Nj First Data Filing Llc
Bought by
New West 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,380,000
Interest Rate
4.44%

Purchase Details

Closed on
May 9, 2017
Sold by
First Data Filing Llc
Bought by
Nj First Data Filing Llc

Purchase Details

Closed on
Apr 5, 2017
Sold by
Patch Landing Llc
Bought by
First Data Filing Llc

Purchase Details

Closed on
Oct 3, 2014
Sold by
488-490 South 16Th Nwk Llc
Bought by
Srb Group Llc

Purchase Details

Closed on
Sep 25, 2014
Sold by
488 490 South 16Th Newark Llc
Bought by
Srb Group Llc

Purchase Details

Closed on
May 21, 2014
Sold by
Sheriff Armadno Fontoura
Bought by
488 490 South 16Th St Llc

Purchase Details

Closed on
Mar 28, 1990
Sold by
Lee Minnie
Bought by
Lee Minnie
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
New West 1 Llc -- Madison Title
New West 1 Llc -- --
Nj First Data Filing Llc -- Meister Abstract Corp
First Data Filing Llc $50,000 Meister Abstract Corp
Srb Group Llc $110,000 --
Srb Group Llc $110,000 --
Srb Group Llc $110,000 --
488 490 South 16Th St Llc $5,100 --
Lee Minnie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner New West 1 Llc $3,380,000
Previous Owner New West 1 Llc --
Previous Owner Nj First Data Filing Llc $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2018 10/04/18 Sold $25,000 0.0% --
09/26/2018 09/26/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $25,000 -- --
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 $1,439 $38,600 $38,600 $0
2022 $1,442 $38,600 $38,600 $0
2021 $1,441 $38,600 $38,600 $0
2020 $1,467 $38,600 $38,600 $0
2019 $5,051 $134,300 $36,900 $97,400
2018 $4,960 $134,300 $36,900 $97,400
2017 $4,781 $134,300 $36,900 $97,400
2016 $4,620 $134,300 $36,900 $97,400
2015 $4,444 $134,300 $36,900 $97,400
2014 $4,165 $134,300 $36,900 $97,400
Source: Public Records

Agents Affiliated with this Home

  • Tom Jones

    Seller's Agent in 2018

    Tom Jones

    VOX REALTY

    (908) 962-0005

    1 in this area

    42 Total Sales

    Tom Jones
    Section Image
  • Kenny Urbina

    Buyer's Agent in 2018

    Kenny Urbina

    RE/MAX

    23 Total Sales

    Kenny Urbina
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3469760

Garden State MLS

APN: 14-00328-0000-00030

New Jersey Essex County Newark 07103 West Side

486 S 16th St, Newark, NJ

This home is located at 486 S 16th St, Newark, NJ 07103 since 11 May 2018 and is currently estimated at $244,332. This property was built in 1908. 486 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.

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