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Sold for $535,000
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    • $535,000

    16 Somerset St, Carteret, NJ 07008

    5beds
    2baths
    1,842sqft
    Multi Family
    Built in 1912
    -- sqft lot
    $644,600 Zestimate®
    $290/sqft
    $2,277 Estimated rent

    Home value

    $644,600

    $606,000 - $690,000

    $2,277/mo

    Zestimate® history
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    What's special

    Great opportunity to own an investment property. First floor completely renovated. Beautiful eat-in kitchen has breakfast bar with SS appliances, modern cabinets and subway tile back splash, Quartz counters with stainless steel sink and high end laminate flooring and modern Spa-like bathroom with subway tile. Second floor renovated 4-5 years ago. Great location close to highways and transportation.

    Zillow last checked:

    Listing updated:

    Listed by:

    GEORGE KRAUS,

    COLDWELL BANKER REALTY,

    JILL SKIBINSKY,

    COLDWELL BANKER REALTY

    Source: All Jersey MLS,MLS#: 2411041RMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Baseboard Hotwater
    Cooling
    • None
    Appliances
    • Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
    Features
    • Unit 1(3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(2 Bedrooms, Kitchen, Laundry Hookup, 1 Bath)
    • Basement: Full, Utility Room
    Interior area
    • Total structure area: 1,842
    • Total interior livable area: 1,842 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Detached, 1-2 Car Parking
    • Garage spaces: 2
    Accessibility
    • Accessibility features: Unit 1 Accessibility Features
    Features
    • Stories: 2
    • Patio & porch: Patio, Deck
    • Exterior features: Patio, Deck
    Lot
    • Size: 4,499 Square Feet
    • Dimensions: 90.00 x 0.00
    • Features: Level
    Details
    • Parcel number: 0107702000000015

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Flat
    Condition
    • Year built: 1912

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & HOA

    Location
    • Region: Carteret

    Financial & listing details

    • Price per square foot: $290/sqft
    • Tax assessed value: $524,400
    • Annual tax amount: $6,248
    • Date on market: 4/26/2024
    • Ownership: Fee Simple
    • Lease term: Unit 2(Month-Month)

    Price history

    DateEventPrice
    7/30/2024Sold$535,000+1.9%$290/sqft
    Source: All Jersey MLS #2411041R Report a problem
    5/9/2024Contingent$525,000$285/sqft
    Source: All Jersey MLS #2411041R Report a problem
    5/9/2024Pending sale$525,000$285/sqft
    Source: GSMLS #3898339 Report a problem
    4/26/2024Listed for sale$525,000+43.8%$285/sqft
    Source: GSMLS #3898339 Report a problem
    1/12/2022Sold$365,000-14.1%$198/sqft
    Source: Public Record Report a problem
    9/27/2021Price change$425,000-5.6%$231/sqft
    Source: All Jersey MLS #2119350R Report a problem
    6/21/2021Listed for sale$450,000+257.1%$244/sqft
    Source: All Jersey MLS #2119350R Report a problem
    8/3/2004Sold$126,000+110%$68/sqft
    Source: Public Record Report a problem
    4/16/2001Sold$60,000$33/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,718 +153.5%$524,400 +153.5%
    2024$6,596 +2.6%$206,900
    2023$6,426 +2.8%$206,900
    2022$6,248 +1.1%$206,900
    2021$6,182 +3.9%$206,900
    2020$5,950 +5.5%$206,900
    2019$5,639 $206,900
    2018$5,639 -3%$206,900
    2017$5,811 +1.5%$206,900 +12.8%
    2016$5,727 +4.6%$183,500
    2015$5,477 +1.5%$183,500
    2014$5,399 +11.5%$183,500
    2012$4,842 $183,500 +102.3%
    2005-- $90,700
    2004$3,719 $90,700 +1.6%
    2003-- $89,300
    2002-- $89,300
    2001-- $89,300
    Find assessor info on the county website

    Neighborhood: 07008

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $644,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $644,600

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