$600,000
SOLD APR 10, 2023

16 Franklin Ave Nutley, NJ 07110

6 Beds
4 Baths
-- Sq Ft
3,425 Sq Ft Lot

Recently Sold

11% Above List Price

14 Days on Market

About This Home

As of June 2025

Large Two Family Home with Lots of Parking! Each unit offers a Renovated Eat in Kitchen and Bathroom. Lots of natural light and hardwood floors. Close to shops, parks & commuter transportation to NYC. Finished basement with summer kitchen, full bath and and washer/dryer. Parking for approx 8 cars. Patio and Garden in rear. Finished 3rd floor with small kitchen and full bath. 3 gas meters, 3 electric meters, 3 Heat units. 2nd floor has central air.

Last Agent to Sell the Property

Jeffrey Lattimer

Lattimer Realty Listed on: 02/08/2023

Last Buyer's Agent

Renato Rosas

Coldwell Banker, Wayne

Coldwell Banker, Wayne

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,203

Lot Details

  • 3,425 Sq Ft Lot
  • Lot Dimensions are 25x137

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00004 / 09100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,203

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, In Unit
  • Co List Office Phone: (973) 226-1717
  • MLS Status: Sold - Sold
  • Directions: Franklin Avenue near corner of Essex Street
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Dimensions: 25X137
  • Lot Size Sq Ft: 3425.0

Tax Info

  • Tax Annual Amount: 13203.0
  • Tax Block: 09100
  • Tax Lot: 00004

Ownership History

Date Name Owned For Owner Type

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
11.69%
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: New Jersey 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: New Jersey MLS

MLS Number: 23003795

New Jersey MLS

APN: 16-09100-0000-00004