493 S 16th St Newark, NJ 07103
West Side NeighborhoodEstimated Value: $448,000 - $609,450
--
Bed
--
Bath
--
Sq Ft
2,614
Sq Ft Lot
About This Home
As of January 2018This home is located at 493 S 16th St, Newark, NJ 07103 since 13 June 2017 and is currently estimated at $538,363. This property was built in 2004. 493 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
JOSE RODRIGUES
ALIGN RIGHT REALTY HOMEKEY Brokerage Phone: 973-268-4000 Listed on: 06/13/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,266
Year Built
- Built in 2004
Lot Details
- 2,614 Sq Ft Lot
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 20, 2009
Sold by
Tbs Homes Llc
Bought by
Bakayoko Mohamed
Total Days on Market
181
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,849
Interest Rate
5.21%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 18, 2009
Sold by
Okubanjo Okugboyega
Bought by
Tbs Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,849
Interest Rate
5.21%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 27, 2004
Sold by
Nunez Orlando
Bought by
Sanchez Pedro
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
6.2%
Purchase Details
Closed on
Aug 5, 2002
Sold by
Turner Paulette
Bought by
Nunez Orlando
Similar Home in Newark, NJ
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bakayoko Mohamed | $450,000 | Ideal Title Agency | |
| Tbs Homes Llc | $200,000 | Ideal Title Agency | |
| Sanchez Pedro | $310,000 | -- | |
| Nunez Orlando | $35,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gonzalez Hansel J | $703,900 | |
| Closed | Gonzalez Hansel | $161,250 | |
| Closed | Bakayoko Mohamed | $441,849 | |
| Closed | Tbs Homes Llc | $441,849 | |
| Previous Owner | Okubanjo Okugboyega | $340,000 | |
| Previous Owner | Okubanjo Okugboyega | $42,500 | |
| Previous Owner | Okubanjo Okugboyega | $279,200 | |
| Previous Owner | Okubanjo Okugboyea | $69,800 | |
| Previous Owner | Sanchez Pedro G | $58,000 | |
| Previous Owner | Sanchez Pedro | $294,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/05/2018 01/05/18 | Sold | $215,000 | -20.3% | -- |
| 12/11/2017 12/11/17 | Pending | -- | -- | -- |
| 06/13/2017 06/13/17 | For Sale | $269,900 | -- | -- |
Source: Garden State MLS
Tax History Compared to Growth
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 | $7,266 | $194,900 | $31,300 | $163,600 |
| 2022 | $7,281 | $194,900 | $31,300 | $163,600 |
| 2021 | $7,278 | $194,900 | $31,300 | $163,600 |
| 2020 | $7,406 | $194,900 | $31,300 | $163,600 |
| 2019 | $7,330 | $194,900 | $31,300 | $163,600 |
| 2018 | $7,198 | $194,900 | $31,300 | $163,600 |
| 2017 | $6,938 | $194,900 | $31,300 | $163,600 |
| 2016 | $6,705 | $194,900 | $31,300 | $163,600 |
| 2015 | $6,449 | $194,900 | $31,300 | $163,600 |
| 2014 | $6,044 | $194,900 | $31,300 | $163,600 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2018
JOSE RODRIGUES
ALIGN RIGHT REALTY HOMEKEY
-
Neide Pagoto
N
Buyer's Agent in 2018
Neide Pagoto
ROSA AGENCY
(732) 207-2191
1 in this area
13 Total Sales
Map
Source: Garden State MLS
MLS Number: 3396199
APN: 14-00327-0000-00023
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