$505,000
SOLD NOV 21, 2025

16 Reimer St Raritan, NJ 08869

3 Beds
2 Baths
1,447 Sq Ft
1920 Built

Recently Sold

$349 Per Sq Ft

1% Above List Price

4 Days on Market

Highlights

  • Cooling Available
  • Eisenhower Intermediate School Rated A-
  • Heating System Uses Steam

About This Home

As of November 2025

Fantastic investment opportunity! This well-maintained 2-family home is perfectly situated on a charming street. The first-floor unit features 2 spacious bedrooms, a large eat-in kitchen, a bright sun porch, and direct access to the basement and yard. The upstairs unit offers a generously sized bedroom, a large eat-in kitchen, comfortable living room, and access to the attic for additional storage. The property also includes a full basement, a lovely yard, and is just moments from the train, restaurants, and all local conveniences—ideal for commuters to NYC. Both apartments boast a strong rental history, and with low taxes that include sewer and garbage, this is truly a smart investment with long-term potential!

Last Agent to Sell the Property

Evanita Landaverde

Christies Int'l RE Group License #2220583 Listed on: 10/10/2025

Christies Int'l RE Group

Last Buyer's Agent

Amanda Fasano

Real Broker, LLC License #1969119

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,002

Year Built

  • Built in 1920

Home Design

  • Duplex
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,447 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Paved Parking
  • Off-Street Parking

Schools

  • Bridgewater/Rar High School

Utilities

  • Cooling Available
  • Radiant Heating System
  • Heating System Uses Steam
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants Personal Belongings
  • The owner pays for water, sewer, heat, gas, electricity
  • Assessor Parcel Number 16-00099-0000-00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,002

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: None
  • Reso Interior Features: Attic - Walk Up
  • New Construction: No
  • Year Built: 1920
  • Contract Info List PriceSqFt: 345.54
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Interior Attic - Walk Up: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Roof:Shingle3: Yes
  • Siding Aluminum Siding: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Tenants Personal Belongings
  • Construction Type: Aluminum Siding

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Radiant
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Steam: Yes

Lot Info

  • Parcel #: 16-00099-0000-00004
  • Zoning Description: Multi-Family

Rental Info

  • Owner Pays: Water, Sewer, Heat, Gas, Electricity

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8002.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Bridgewater/Rar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2024
Sold by
Richelieu Roxanne Elizabeth
Bought by
Richelieu Roxanne Elizabeth and Richelieu Akeem

Purchase Details

Listed on
Mar 14, 2022
Closed on
Jun 24, 2022
Sold by
Enzo Padovani
Bought by
Richelieu Roxanne Elizabeth
Seller's Agent
SANDRA FRANCHINO
BHHS FOX & ROACH
Buyer's Agent
KAITLYN SIMONE
CURRAN GROUP REAL ESTATE SERVICES
List Price
$369,000
Sold Price
$385,000
Premium/Discount to List
$16,000
4.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Original Mortgage
$368,233
Interest Rate
5.1%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 2008
Sold by
Marini John J and Richardson Marie
Bought by
Padovani Enzo
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 Type Sale Price Title Company
Quit Claim Deed -- First American Title Insurance
Quit Claim Deed -- First American Title Insurance
Deed $385,000 None Listed On Document
Deed $225,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $368,233 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2025 11/21/25 Sold $505,000 +1.0% $349 / Sq Ft
10/14/2025 10/14/25 Pending -- -- --
10/10/2025 10/10/25 For Sale $500,000 +29.9% $346 / Sq Ft
06/24/2022 06/24/22 Sold $385,000 +4.3% -- View Prior Sale
05/16/2022 05/16/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $369,000 0.0% --
03/31/2022 03/31/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $369,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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
2025 $8,002 $268,000 $144,000 $124,000
2024 $8,002 $268,000 $144,000 $124,000
2023 $7,630 $268,000 $144,000 $124,000
2022 $7,413 $268,000 $144,000 $124,000
2021 $6,968 $268,000 $144,000 $124,000
2020 $6,858 $268,000 $144,000 $124,000
2019 $6,834 $268,000 $144,000 $124,000
2018 $6,569 $268,000 $144,000 $124,000
2017 $6,394 $268,000 $144,000 $124,000
2016 $6,271 $268,000 $144,000 $124,000
2015 $6,006 $268,000 $144,000 $124,000
2014 $6,025 $268,000 $144,000 $124,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22530748

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00099-0000-00004