NOT LISTED FOR SALE

16 Somerset St Carteret, NJ 07008

Estimated Value: $530,000 - $601,000

-- Bed
-- Bath
1,842 Sq Ft
$306/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $535,000 $290 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,621/month

10 Days on Market

Highlights

  • Deck
  • Patio
  • Utility Room
  • 2 Car Detached Garage
  • Accessibility Features
  • 3-minute walk to Chrome Park

About This Home

As of July 2024

Great opportunity to own an investment property. First floor completely renovated. Beautiful eat-in kitchen has breakfast bar with SS appliances, modern cabinets and subway tile back splash, Quartz counters with stainless steel sink and high end laminate flooring and modern Spa-like bathroom with subway tile. Second floor renovated 4-5 years ago. Great location close to highways and transportation.

Last Agent to Sell the Property

George Kraus

COLDWELL BANKER REALTY Listed on: 04/26/2024

COLDWELL BANKER REALTY

Co-Listed By

Jill Skibinsky

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,248

Year Built

  • Built in 1912

Lot Details

  • 4,500 Sq Ft Lot
  • Lot Dimensions are 90.00 x 0.00
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,842 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Basement Fills Entire Space Under The House

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • Deck
  • Patio

Utilities

  • No Cooling
  • Hot Water Baseboard Heater
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks), unit 2 owner pays(see remarks)

Community Details

Overview

  • Arthur Kill Tract/Roosev Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,248

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1033
  • Lot Size: 90.00 x 0.00
  • Co List Office Mls Id: CBRB12
  • Ownership: Fee Simple
  • Subdivision Name: Arthur Kill Tract/Roosev
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1912
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Accessibility Features: Unit 1 Accessibility Features
  • Has Basement: Full, Utility Room
  • Interior Amenities: Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,Laundry Hookup,1 Bath)
  • Living Area: 1842
  • Stories: 2

Exterior Features

  • Lot Features: Level
  • Exterior Features: Patio, Deck
  • Patio And Porch Features: Patio, Deck
  • Roof: Flat

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Detached, 1-2 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 4500

Rental Info

  • Lease Term: Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 6248
  • Tax Year: 2022

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jul 3, 2024
Sold by
16 Somerset St Llc
Bought by
Dymko Arthur and Dymko Danielle
Seller's Agent
George Kraus
COLDWELL BANKER REALTY
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Views
56
Current Estimated Value
$563,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,638
Avg. Annual Appreciation
4.99%
Original Mortgage
$401,250
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2022
Sold by
Skibinsky and Jill
Bought by
16 Somerset St Llc

Purchase Details

Closed on
Dec 24, 2021
Sold by
Emanuel Shamam
Bought by
Skibinsky Alexander and Skibinsky Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2004
Sold by
Arocho Juan
Bought by
Shaman Emanuel

Purchase Details

Closed on
Mar 30, 2001
Sold by
Guzman Emilio
Bought by
Arocho Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.97%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dymko Arthur $535,000 Chicago Title
16 Somerset St Llc -- Prestige Title
Skibinsky Alexander $365,000 Kenworth Title
Shaman Emanuel $126,000 --
Arocho Juan $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dymko Arthur $401,250
Previous Owner Skibinsky Alexander $273,750
Previous Owner Shamam Emanuel $162,000
Previous Owner Shamam Emanuel $138,750
Previous Owner Shaman Emanuel $200,000
Previous Owner Arocho Juan $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Sold $535,000 +1.9% $290 / Sq Ft
04/26/2024 04/26/24 For Sale $525,000 -- $285 / Sq Ft
Source: All 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
2025 $6,596 $524,400 $267,400 $257,000
2024 $6,426 $206,900 $74,000 $132,900
2023 $6,426 $206,900 $74,000 $132,900
2022 $6,248 $206,900 $74,000 $132,900
2021 $6,182 $206,900 $74,000 $132,900
2020 $5,950 $206,900 $74,000 $132,900
2019 $5,779 $206,900 $74,000 $132,900
2018 $5,642 $206,900 $74,000 $132,900
2017 $5,441 $206,900 $74,000 $132,900
2016 $5,923 $183,500 $54,000 $129,500
2015 $5,727 $183,500 $54,000 $129,500
2014 $5,477 $183,500 $54,000 $129,500
Source: Public Records

Agents Affiliated with this Home

  • George Kraus

    Seller's Agent in 2024

    George Kraus

    COLDWELL BANKER REALTY

    (973) 222-4101

    1 in this area

    5 Total Sales

    George Kraus
    Section Image
  • Jill Skibinsky

    Seller Co-Listing Agent in 2024

    Jill Skibinsky

    COLDWELL BANKER REALTY

    (908) 419-3333

    1 in this area

    106 Total Sales

    Jill Skibinsky
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2411041R

All Jersey MLS

APN: 01-07702-0000-00015

New Jersey Middlesex County Carteret 07008

16 Somerset St, Carteret, NJ

This home is located at 16 Somerset St, Carteret, NJ 07008 since 26 April 2024 and is currently estimated at $563,638, approximately $305 per square foot. This property was built in 1912. 16 Somerset St is a home located in Middlesex County with nearby schools including Carteret High School and St Joseph School.

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