$627,000
SOLD APR 11, 2024

16 Franklin Ave Nutley, NJ 07110

-- Bed
-- Bath
-- Sq Ft
3,441 Sq Ft Lot

Recently Sold

1% Above List Price

51 Days on Market

About This Home

As of June 2025

This home is located at 16 Franklin Ave, Nutley, NJ 07110 and is currently priced at $627,000. This property was built in 1912. 16 Franklin Ave is a home located in Essex County with nearby schools including Nutley High School and Good Shepherd Academy.

Last Agent to Sell the Property

Renato Rosas

COLDWELL BANKER REALTY Brokerage Phone: 973-694-8000 Listed on: 10/11/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Kimberly Lesser

CHRISTIE'S INT. REAL ESTATE GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,375

Year Built

  • Built in 1912

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,375

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Year Built: 1912
  • County Name: Essex
  • Street Number Display: 16
  • I D: 5250107
  • Modified: 2025-04-12
  • Number Images: 1
  • Attribution Contact: 973-694-8000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X137 IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2025
Closed on
Jun 17, 2025
Sold by
Wfa 16 Franklin Llc
Bought by
Fcb10 Inc
Seller's Agent
Kim Leonelli
COLDWELL BANKER REALTY ALP
Buyer's Agent
JUAN CAMILO RAMIREZ
KELLER WILLIAMS CITY VIEWS REALTY
List Price
$775,000
Sold Price
$820,000
Premium/Discount to List
$45,000
5.81%
Views
103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-49.46%
Original Mortgage
$660,000
Outstanding Balance
$659,438
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$111,722

Purchase Details

Closed on
Jan 12, 2024
Sold by
Guaman German Castaneda
Bought by
Wfa 16 Franklin Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 30, 2023
Sold by
Gencarelli Frank P
Bought by
Castaneda Guaman German
Seller's Agent
Jeffrey Lattimer
Lattimer Realty
Buyer's Agent
Renato Rosas
Coldwell Banker, Wayne
List Price
$539,000
Sold Price
$600,000
Premium/Discount to List
$61,000
11.32%
Views
237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%
Original Mortgage
$450,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2015
Sold by
Gencarelli Nicola and Estate Of Pasquale Gencarelli
Bought by
Gencarelli Frank P and Caravito Lisa G

Purchase Details

Closed on
Jun 20, 1996
Sold by
Pucci Robert
Bought by
Ave 108 Washington

Purchase Details

Closed on
Apr 10, 1986
Bought by
Gencarelli Pasquale
Source: Public Records

Similar Home in Nutley, NJ

  • 120 Bloomfield Ave, Nutley, NJ 07110

    $650,000

    • 2 Beds
    • 3 Baths
    • 120 Bloomfield Ave
    • Nutley, NJ

    Well maintained Two-Family house with an oversized two car garage and five outdoor parking spaces. First floor unit has been updated with all stainless steel appliances, laminate flooring, in-unit washer/dryer and enclosed front porch was converted into a walk-in closet. Second floor unit has hardwood floors throughout, in-unit washer dryer, lots of natural light and vaulted ceilings. Basement is

    GIANNINA VIRUET PRESTIGE PROPERTY GROUP MONTCLAIR

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $627,000 Fidelity National Title
Deed $600,000 Elite Title
Deed -- None Available
Deed $405,000 --
Deed $140,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $470,000 New Conventional
Previous Owner $450,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Sold $820,000 +5.8% --
05/30/2025 05/30/25 Pending -- -- --
02/11/2025 02/11/25 For Sale $775,000 +23.6% --
04/11/2024 04/11/24 Sold $627,000 +0.8% --
12/08/2023 12/08/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $622,000 +3.7% --
04/10/2023 04/10/23 Sold $600,000 +11.3% --
02/22/2023 02/22/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $539,000 -- --
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 $13,375 $519,200 $201,200 $318,000
2022 $13,203 $341,700 $182,500 $159,200
2021 $13,135 $341,700 $182,500 $159,200
2020 $12,581 $341,700 $182,500 $159,200
2019 $12,329 $341,700 $182,500 $159,200
2018 $11,997 $341,700 $182,500 $159,200
2017 $11,867 $341,700 $182,500 $159,200
2016 $11,515 $341,700 $182,500 $159,200
2015 $11,331 $341,700 $182,500 $159,200
2014 $11,187 $341,700 $182,500 $159,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3869277

Garden State MLS

APN: 16-09100-0000-00004