NOT LISTED FOR SALE

Estimated Value: $375,375 - $424,000

-- Bed
3 Baths
1,535 Sq Ft
$264/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $278,000 $181 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,970/month

11 Days on Market

About This Home

As of June 2021

This home is located at 16 Main St Unit A-C, Netcong, NJ 07857 since 22 October 2020 and is currently estimated at $404,844, approximately $263 per square foot. This property was built in 1916. 16 Main St Unit A-C is a home located in Morris County with nearby schools including Netcong Elementary School and Lenape Val Regional High School.

Last Listed By

Lorraine Falconer

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-598-1008 Listed on: 10/22/2020

COMPASS NEW JERSEY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,569

Year Built

  • Built in 1916

Lot Details

  • 0.26 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,569

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Year Built: 1916
  • County Name: Morris
  • Street Number Display: 16
  • I D: 5026872
  • Modified: 2022-06-12
  • Number Images: 0
  • Attribution Contact: 973-598-1008
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 40X280 AV
  • Total Acres: 0.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Jun 10, 2021
Sold by
Best James A
Bought by
48 Algonquin Llc
Seller's Agent
Lorraine Falconer
COMPASS NEW JERSEY, LLC
Buyer's Agent
Lorraine Falconer
COMPASS NEW JERSEY, LLC
List Price
$289,000
Sold Price
$278,000
Premium/Discount to List
-$11,000
-3.81%
Total Days on Market
11
Current Estimated Value
$404,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,844
Avg. Annual Appreciation
9.33%
Original Mortgage
$275,650
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2010
Sold by
Best Claire M
Bought by
Best James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.12%
Mortgage Type
New Conventional

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
48 Algonquin Llc $278,000 Max Title Agency Llc
Best James A $217,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 48 Algonquin Llc $304,000
Closed 48 Algonquin Llc $275,650
Previous Owner Best James A $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $278,000 -3.8% $181 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $289,000 -- $188 / 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 $8,569 $248,600 $97,400 $151,200
2023 $8,569 $248,600 $97,400 $151,200
2022 $7,764 $248,600 $97,400 $151,200
2021 $7,764 $248,600 $97,400 $151,200
2020 $9,471 $307,900 $147,600 $160,300
2019 $9,015 $307,900 $147,600 $160,300
2018 $8,476 $307,900 $147,600 $160,300
2017 $8,144 $307,900 $147,600 $160,300
2016 $7,922 $307,900 $147,600 $160,300
2015 $7,633 $307,900 $147,600 $160,300
2014 $7,300 $307,900 $147,600 $160,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Similar Home in Netcong, NJ

  • 26 Maple Ave, Netcong, NJ 07857

    $475,000

    • 2 Beds
    • 2 Baths
    • 26 Maple Ave
    • Netcong, NJ

    Two Family Colonial style home. Sold Strictly AS-IS Perfect in town location aluminum sided for low maintenance, and ready for the next investor. Residential and also Commercial zones, Newer gas heating is located in the borough's downtown zone. 2 CAR DETATCHED GARAGE AND FULL BASEMENT WITH OUTSIDE ACCESS.

    Rick Ruotolo RE/MAX TOWN & VALLEY II

    Section Image

Source: Garden State MLS

MLS Number: 3673699

Garden State MLS

APN: 28-00015-0000-00037