This home is located at 489 S 16th St, Newark, NJ 07103 since 18 October 2018 and is currently estimated at $432,617. This property was built in 1900. 489 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.
ERA QUEEN CITY REALTYBrokerage Phone: 908-322-5454Listed on: 10/18/2018
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,588
Year Built
Built in 1900
Lot Details
2,614 Sq Ft Lot
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,588
Year Built
Built in 1900
Lot Details
0
Listing Details
Year Built: 1900
County Name: Essex
Street Number Display: 489
I D: 4846038
Modified: 2021-09-23
Number Images: 1
Attribution Contact: 908-322-5454
MLS Status: Sold
Special Features: None
Property Sub Type: MultiFamily
Lot Info
Lot Size: 25X100
Total Acres: 0.06
Ownership History
DateNameOwned ForOwner Type
Feb 2024 - PresentKaff Rivka1 Year and 3 Months
Private Individual
Purchase Details
Closed on
Feb 26, 2024
Sold by
Exilus Thiery J
Bought by
Kaff Rivka
Total Days on Market
15
Current Estimated Value
$432,617
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Outstanding Balance
$433,814
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
-$1,197
Feb 2019 - Feb 2024Exilus Thiery J5 Years
Private Individual
Purchase Details
Listed on
Oct 18, 2018
Closed on
Feb 28, 2019
Sold by
Usa Hud
Bought by
Exilus Thiery J
Seller's Agent
Bill Flagg
ERA QUEEN CITY REALTY
Buyer's Agent
Ileola Allen-Jamison
RE/MAX SOLUTIONS
List Price
$110,000
Sold Price
$130,000
Premium/Discount to List
$20,000
18.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.25%
Apr 2016 - Feb 2019Usa Hud2 Years and 10 Months
Private Individual
Purchase Details
Closed on
Apr 15, 2016
Sold by
Citimortgage Inc
Bought by
Usa Hud
Dec 2015 - Apr 2016Citimortgage Inc4 Months
Private Individual
Purchase Details
Closed on
Dec 28, 2015
Sold by
Sheriff Of The County Of Essex
Bought by
Citimortgage Inc
May 2015 - Dec 2015Citimortgage Inc and Cepeda Ferdando A7 Months
Private Individual
Purchase Details
Closed on
May 14, 2015
Sold by
Fontoura Armando B
Bought by
Citimortgage Inc and Cepeda Ferdando A
Jul 2009 - May 2015Cepeda Fernado5 Years and 10 Months
Private Individual
Purchase Details
Closed on
Jul 14, 2009
Sold by
Samnii Llc
Bought by
Cepeda Fernado
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,146
Interest Rate
5.36%
Mortgage Type
FHA
Jan 2009 - Jul 2009Samnii Llc6 Months
Company
Purchase Details
Closed on
Jan 12, 2009
Sold by
Residential Funding Real Estate Holdings
Bought by
Samnii Llc
Oct 2007 - Jan 2009Jpmorgan Chase Bank Na1 Year and 3 Months
Company
Purchase Details
Closed on
Oct 5, 2007
Sold by
Essex County Sheriff
Bought by
Jpmorgan Chase Bank Na
Nov 2005 - Oct 2007Wasie Ione Shephard1 Year and 11 Months
Private Individual
Purchase Details
Closed on
Nov 30, 2005
Sold by
489 S 16Th St Assoc Llc
Bought by
Wasie Ione Shephard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
8.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
Oct 2004 - Nov 2005489 S 16Th Street Assoc Llc1 Year and 1 Month
Company
Purchase Details
Closed on
Oct 28, 2004
Sold by
H&B Enterprise And Investment
Bought by
489 S 16Th Street Assoc Llc
Range of Values:
Collateral Analytics
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ICE
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First American
First American
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Quantarium
Quantarium
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Average Value
Not Available
List Price
Sold Price
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This four-family property located in the bustling heart of Newark, New Jersey, offers a unique investment opportunity with substantial income potential. Each unit features two bedrooms and one bathroom, boasting spacious layouts and modern amenities. l. Conveniently situated near public transportation, local shops, and essential services, this property promises a steady rental market. The
CHRISTOPHER VELASTEGUIKeller Williams City Views Realty
Tax AssessmentTax 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.
This home is located at 489 S 16th St, Newark, NJ 07103 since 18 October 2018 and is currently estimated at $432,617. This property was built in 1900. 489 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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