NOT LISTED FOR SALE

16 Hackett Place Rutherford, NJ 07070

Estimated Value: $819,534 - $982,000

4 Beds
3 Baths
2,908 Sq Ft
$306/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $585,000 $201 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $6,171/month

8 Days on Market

Highlights

  • Property is near public transit
  • Attached Garage
  • Rectangular Lot
  • Rutherford High School Rated A
  • Baseboard Heating

About This Home

As of August 2020

Beautifully maintained 2 family with separate utilities and parking. Great opportunity for an owner occupy with income or investor, easy walk to the train. Fully rented with a month to month tenant in unit 1, $2,450 and unit 2, $1950 lease thru October. Unit 1 as new gas furnace and new gas water heater both installed 2019. Attic has 2 unused bedrooms and unfinished space; other houses on the block have converted these to living space with potential for more income.

Last Listed By

Jill Biggs

Coldwell Banker, Hoboken Listed on: 05/28/2020

Coldwell Banker, Hoboken

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,500

Year Built

  • 1925

Lot Details

  • 3,999 Sq Ft Lot
  • Rectangular Lot

Parking

  • Attached Garage

Home Design

  • Built between 1900 - 1939
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Separate Meters

Additional Features

  • Laundry in unit
  • Basement Fills Entire Space Under The House

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 025600040 00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,500

Year Built

1925

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: Close/School, Close/Shopg, Close/Trans
  • Views/Exposure: None
  • Year Built: 1900-1939
  • Miscellaneous: Hdwd As In
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 14
  • Fireplace: None
  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Full, Prt Finished
  • Laundry: Basement, In Unit
  • Items Not Included: All personal possessions.
  • Items Included: Appliances and light fixtures as installed.

Exterior Features

  • Waterfront: None
  • Exterior Finish: Vinyl

Garage/Parking

  • Garage: Attached, 1 Car

Utilities

  • Heating: Baseboard, Gas, Steam
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Cooling: Win/AC

Lot Info

  • County Name: BERGEN
  • Locale: 300
  • Lot: 00007
  • Lot Dimensions: 40X100
  • Estimated Lot Sq Ft: 3999
  • Lot Description: Regular

Tax Info

  • Tax: 13500
  • Assessor Parcel Number: 025600040 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Aug 11, 2020
Sold by
Cinkewicz Michael and Cinkewicz Patrice
Bought by
Salemme Nicholas
Seller's Agent
Jill Biggs
Coldwell Banker, Hoboken
Buyer's Agent
Nicholas Salemme
Prestige Property Group - Montclair
List Price
$565,000
Sold Price
$585,000
Premium/Discount to List
$20,000
3.54%
Total Days on Market
8
Current Estimated Value
$889,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,134
Avg. Annual Appreciation
9.27%
Original Mortgage
$497,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2016
Sold by
Degiovanni John V and De Giovanni Anmarie N
Bought by
Cincewicz Michael and Cinkewicz Patrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,032
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2001
Sold by
Kuenzle Hugh
Bought by
Degiovanni John V and Degiovanni Annmarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
7.08%

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 Buyer Sale Price Title Company
Salemme Nicholas $585,000 Sunnyside Title Agency
Cincewicz Michael $495,000 Fidelity National Title
Degiovanni John V $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salemme Nicholas $497,250
Previous Owner Cincewicz Michael $467,032
Previous Owner Degiovanni John $310,000
Previous Owner Degiovanni John V $198,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $585,000 +3.5% $201 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $565,000 -- $194 / Sq Ft
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 $14,906 $490,000 $237,500 $252,500
2023 $14,548 $490,000 $237,500 $252,500
2022 $14,548 $490,000 $237,500 $252,500
2021 $10,860 $490,000 $237,500 $252,500
2020 $13,970 $490,000 $237,500 $252,500
2019 $13,421 $490,000 $237,500 $252,500
2018 $13,478 $499,000 $237,500 $261,500
2017 $13,288 $499,000 $237,500 $261,500
2016 $12,994 $499,000 $237,500 $261,500
2015 $12,640 $499,000 $237,500 $261,500
2014 $12,245 $499,000 $237,500 $261,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 20018580

New Jersey MLS

APN: 56-00040-0000-00007