NOT LISTED FOR SALE

488 S 16th St Unit 490 Newark, NJ 07103

West Side Neighborhood

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

8 Beds
3 Baths
1,656 Sq Ft
$148/Sq Ft Est. Value

About This Home

This home is located at 488 S 16th St Unit 490, Newark, NJ 07103 and is currently estimated at $244,332, approximately $147 per square foot. 488 S 16th St Unit 490 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 7, 2022
Sold by
Essex County Sheriffs
Bought by
New West 1 Llc
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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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
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

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

Map

New Jersey Essex County Newark 07103 West Side

488 S 16th St Unit 490, Newark, NJ

This home is located at 488 S 16th St Unit 490, Newark, NJ 07103 and is currently estimated at $244,332, approximately $147 per square foot. 488 S 16th St Unit 490 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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