NOT LISTED FOR SALE

16 Charles St Montclair, NJ 07042

Estimated Value: $816,770 - $1,042,000

-- Bed
-- Bath
1,544 Sq Ft
$588/Sq Ft Est. Value

Last Sold January 20, 2022

Last sale price $670,000 $434 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,422/month

136 Days on Market

About This Home

As of January 2022

This home is located at 16 Charles St, Montclair, NJ 07042 since 16 August 2021 and is currently estimated at $908,193, approximately $588 per square foot. This property was built in 1875. 16 Charles St is a home located in Essex County with nearby schools including Nishuane School, Hillside School, and Bradford School.

Last Agent to Sell the Property

ALBERTO WELLS

UBIREAL LLC Brokerage Phone: 866-201-6210 Listed on: 08/16/2021

Last Buyer's Agent

Hui Lu

RE/MAX SELECT

RE/MAX SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,893

Year Built

  • 1875

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,893

Year Built

1875

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 16
  • I D: 5096608
  • Modified: 2023-01-21
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1875

Lot Info

  • Lot Size: 35X110
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Jan 13, 2022
Sold by
49 North 9Th Llc
Bought by
Charles Street Property Llc
Seller's Agent
ALBERTO WELLS
UBIREAL LLC
Buyer's Agent
Hui Lu
RE/MAX SELECT
List Price
$749,900
Sold Price
$670,000
Premium/Discount to List
-$79,900
-10.65%
Total Days on Market
136
Current Estimated Value
$908,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,193
Avg. Annual Appreciation
9.45%

Purchase Details

Listed on
Mar 20, 2019
Closed on
May 31, 2019
Sold by
222 Llc
Bought by
49 North 9Th Llc
Seller's Agent
Jorge Velasquez
RE/MAX PROFESSIONALS I
Buyer's Agent
ALBERTO WELLS
UBIREAL LLC
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.57%

Purchase Details

Closed on
Apr 30, 2012
Sold by
Smith Daniels Leda
Bought by
Hayes Lorene B and Smith Daniels Leda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
3.9%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

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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
Charles Street Property Llc $670,000 Foundation Title
49 North 9Th Llc $300,000 --
Hayes Lorene B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayes Lorene B $397,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Sold $670,000 -4.3% $434 / Sq Ft
12/30/2021 12/30/21 Pending -- -- --
09/23/2021 09/23/21 Price Changed $699,900 -6.7% $453 / Sq Ft
08/16/2021 08/16/21 For Sale $749,900 +150.0% $486 / Sq Ft
05/31/2019 05/31/19 Sold $300,000 0.0% $194 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $299,900 +43.6% $194 / Sq Ft
12/10/2018 12/10/18 Sold $208,900 +2.0% $135 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
10/15/2018 10/15/18 For Sale $204,900 -- $133 / Sq Ft
Source: Garden State MLS

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 $15,893 $470,200 $119,300 $350,900
2022 $6,444 $196,000 $119,300 $76,700
2021 $6,333 $196,000 $119,300 $76,700
2020 $6,231 $196,000 $119,300 $76,700
2019 $6,166 $196,000 $119,300 $76,700
2018 $8,923 $288,400 $119,300 $169,100
2017 $7,528 $201,600 $69,300 $132,300
2016 $7,326 $201,600 $69,300 $132,300
2015 $7,108 $201,600 $69,300 $132,300
2014 $6,871 $201,600 $69,300 $132,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    ALBERTO WELLS

    UBIREAL LLC

  • Hui Lu

    Buyer's Agent in 2022

    Hui Lu

    RE/MAX

    (908) 389-6226

    1 in this area

    42 Total Sales

    Hui Lu
    Section Image
  • Jorge Velasquez

    Seller's Agent in 2019

    Jorge Velasquez

    RE/MAX

    (973) 418-0425

    256 Total Sales

    Jorge Velasquez
    Section Image

  • R

    Seller's Agent in 2018

    RALPH BARONE

    NJ REO ASSET MANAGEMENT & REALTY

  • T

    Buyer's Agent in 2018

    TAJ HAIRSTON

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3734798

Garden State MLS

APN: 13-01907-0000-00017

New Jersey Essex County Montclair 07042

16 Charles St, Montclair, NJ

This home is located at 16 Charles St, Montclair, NJ 07042 since 16 August 2021 and is currently estimated at $908,193, approximately $588 per square foot. This property was built in 1875. 16 Charles St is a home located in Essex County with nearby schools including Nishuane School, Hillside School, and Bradford School.

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