Sold for $535,000

Street View

$535,000

16 Somerset St, Carteret, NJ 07008

5beds

2baths

1,842sqft

Multi Family

Built in 1912

-- sqft lot

$656,900 Zestimate^®

$290/sqft

$2,242 Estimated rent

Home value

$656,900

$617,000 - $703,000

$2,242/mo

Zestimate^® history

Owner options

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$2,242/mo

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$2,242/mo

Rent Zestimate^®

Refinance and save

$3,671/mo

Est. payment

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$3,671/mo

Est. payment

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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.

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 sqft
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 & neighborhood

Location

Region: Carteret

Other

Other facts

Ownership: Fee Simple

Price history

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

Public tax history

Year	Property taxes	Tax 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