NOT LISTED FOR SALE

16 Tower Dr Maplewood, NJ 07040

Estimated Value: $1,726,000 - $2,030,339

6 Beds
5 Baths
4,960 Sq Ft
$389/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $1,750,000 $353 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $14,796/month

33 Days on Market

About This Home

As of July 2023

This home is located at 16 Tower Dr, Maplewood, NJ 07040 since 19 April 2023 and is currently estimated at $1,928,335, approximately $388 per square foot. This property was built in 1936. 16 Tower Dr is a home located in Essex County with nearby schools including South Mountain Elementary School, South Orange Middle School, and Columbia Senior High School.

Last Agent to Sell the Property

BENJAMIN GARRISON

COLDWELL BANKER REALTY Brokerage Phone: 973-378-8300 Listed on: 04/19/2023

Co-Listed By

Amy Paternite

COLDWELL BANKER REALTY Brokerage Phone: 973-378-8300

Last Buyer's Agent

ERIK J. GOLDFARB

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,828

Year Built

  • Built in 1936

Lot Details

  • 0.25 Acre Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,828

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Year Built: 1936
  • County Name: Essex
  • Street Number Display: 16
  • I D: 5215569
  • Modified: 2024-07-29
  • Number Images: 1
  • Attribution Contact: 973-378-8300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 4.20

Lot Info

  • Lot Size: 77X140
  • Total Acres: 0.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Jul 17, 2023
Sold by
Garrison Benjamin H and Garrison Katherine E
Bought by
Weisel Jonah Benjamin and Weisel Melissa Katy
Seller's Agent
BENJAMIN GARRISON
COLDWELL BANKER REALTY
Buyer's Agent
ERIK J. GOLDFARB
EXP REALTY, LLC
List Price
$1,725,000
Sold Price
$1,750,000
Premium/Discount to List
$25,000
1.45%
Views
130
Current Estimated Value
$2,147,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,086
Avg. Annual Appreciation
4.87%
Original Mortgage
$1,400,000
Outstanding Balance
$1,365,384
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$562,951

Purchase Details

Closed on
Jun 15, 2004
Sold by
Boersma Todd
Bought by
Garrison Benjamin and Eda Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.32%

Purchase Details

Closed on
Feb 26, 2002
Sold by
Ricciardelli Rosemarie
Bought by
Boersma Todd and Boersma Kerri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
6.85%
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
Weisel Jonah Benjamin $1,750,000 Interstate 1St Title
Garrison Benjamin $950,000 --
Boersma Todd $610,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weisel Jonah Benjamin $1,400,000
Previous Owner Garrison Benjamin H $350,000
Previous Owner Garrison Benjamin $600,000
Previous Owner Boersma Todd $488,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $1,750,000 +1.4% $353 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $1,725,000 -- $348 / 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
2025 $40,828 $1,813,000 $531,700 $1,281,300
2024 $40,828 $1,813,000 $531,700 $1,281,300
2022 $39,812 $1,129,100 $390,800 $738,300
2021 $38,604 $1,129,100 $390,800 $738,300
2020 $37,509 $1,129,100 $390,800 $738,300
2019 $36,425 $1,129,100 $390,800 $738,300
2018 $42,786 $1,361,300 $390,800 $970,500
2017 $41,506 $1,361,300 $390,800 $970,500
2016 $33,902 $920,000 $310,800 $609,200
2015 $33,120 $920,000 $310,800 $609,200
2014 $32,421 $920,000 $310,800 $609,200
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    BENJAMIN GARRISON

    COLDWELL BANKER REALTY

  • Amy Paternite

    Seller Co-Listing Agent in 2023

    Amy Paternite

    COLDWELL BANKER REALTY

    (917) 442-5130

    60 in this area

    168 Total Sales

    Section Image

  • E

    Buyer's Agent in 2023

    ERIK J. GOLDFARB

    EXP REALTY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3839178

Garden State MLS

APN: 11-00006-02-00190

New Jersey Essex County Maplewood 07040

16 Tower Dr, Maplewood, NJ

This home is located at 16 Tower Dr, Maplewood, NJ 07040 since 19 April 2023 and is currently estimated at $1,928,335, approximately $388 per square foot. This property was built in 1936. 16 Tower Dr is a home located in Essex County with nearby schools including South Mountain Elementary School, South Orange Middle School, and Columbia Senior High School.

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