NOT LISTED FOR SALE

16 Merchant St Newark, NJ 07105

North Ironbound Neighborhood

Estimated Value: $847,000 - $1,237,248

3 Beds
1 Bath
-- Sq Ft
7,884 Sq Ft Lot

Last Sold September 16, 2016

Last sale price $175,000

Est. 495% increase in value since last sale

Current estimated payment $5,717/month

2 Days on Market

About This Home

As of September 2016

Estate sale of 1 and 2 family homes, total of 8 Garages and 2 parking spaces. Property must be sold with MLS#3262538. Ideal for contractor or to demo.

Last Agent to Sell the Property

MANUEL ROSA JR

ROSA AGENCY Listed on: 10/26/2015

Last Buyer's Agent

Michael Rosa

ROSA AGENCY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,279

Year Built

  • Built in 1900

Lot Details

  • 7,884

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Aluminum Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Parking

  • 8 Car Garage
  • Shared Driveway

Additional Features

  • Eat-In Kitchen
  • Gas Water Heater
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 1614-01994-0000-00042-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,279

Year Built

Built in 1900

Lot Details

7,884 Sq Ft Lot

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1900
  • Year Built Description: Approximate
  • County Name: Essex
  • Easements Description: Driveway
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector, CookGas
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main

Exterior Features

  • Exterior Description: Aluminum Siding
  • Roof Description: Flat

Garage/Parking

  • Number Garage Spaces: 8
  • Number Parking Spaces: 2
  • Parking Driveway Description: Driveway-Shared

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 25X30
  • Easement: Yes

Tax Info

  • Tax Amount: 4279
  • Assessor Parcel Number: 1614-01994-0000-00042-0000-

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2023
Sold by
14 Merchant Management Llc
Bought by
14 Merchant Urban Renewal Llc
Current Estimated Value
$1,042,124

Purchase Details

Closed on
Sep 15, 2023
Sold by
14 Merchant Management Llc
Bought by
14 Merchant Management Llc

Purchase Details

Closed on
Mar 12, 2021
Sold by
Merchant Developments Newark Llc
Bought by
14 Merchant Management Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
14 Merchant Urban Renewal Llc -- None Listed On Document
14 Merchant Management Llc -- None Listed On Document
14 Merchant Management Llc $990,000 Ats Title Agency Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2016 09/16/16 Sold $175,000 +25.9% --
10/28/2015 10/28/15 Pending -- -- --
10/26/2015 10/26/15 For Sale $139,000 -- --
Source: Garden State MLS

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
2025 $3,522 $92,600 $92,600 --
2024 $17,783 $92,600 $92,600 --
2022 $17,821 $477,000 $77,000 $400,000
2021 $7,285 $195,100 $77,000 $118,100
2020 $7,414 $195,100 $77,000 $118,100
2019 $5,190 $138,000 $77,000 $61,000
2018 $5,096 $138,000 $77,000 $61,000
2017 $4,913 $138,000 $77,000 $61,000
2016 $4,747 $138,000 $77,000 $61,000
2015 $4,566 $138,000 $77,000 $61,000
2014 $4,279 $138,000 $77,000 $61,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    MANUEL ROSA JR

    ROSA AGENCY

  • Michael Rosa

    Buyer's Agent in 2016

    Michael Rosa

    ROSA AGENCY

    (908) 289-5200

    9 in this area

    125 Total Sales

    Michael Rosa
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Map

Source: Garden State MLS

MLS Number: 3262694

Garden State MLS

APN: 14-01994-0000-00042

New Jersey Essex County Newark 07105 North Ironbound

16 Merchant St, Newark, NJ

Not Listed for Sale

Detached

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