NOT LISTED FOR SALE

242 E Kinney St Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $616,586 - $702,000

-- Bed
-- Bath
1,520 Sq Ft
$436/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $540,000 $355 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,764/month

126 Days on Market

About This Home

As of November 2022

This home is located at 242 E Kinney St, Newark, NJ 07105 since 07 June 2022 and is currently estimated at $662,897, approximately $436 per square foot. This property was built in 1935. 242 E Kinney St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

Last Agent to Sell the Property

Augusto Verissimo

WEICHERT REALTORS - HOME CITY Brokerage Phone: 973-741-3000 Listed on: 06/07/2022

WEICHERT REALTORS - HOME CITY

Last Buyer's Agent

ANA PAULA SALES

WEICHERT REALTORS - HOME CITY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 28 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Year Built: 1935
  • County Name: Essex
  • I D: 5156303
  • Attribution Contact: 973-741-3000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 28.2X72
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Nov 28, 2022
Sold by
Merten Maria H and Merten Philip A
Bought by
Meneses Carlos E Guaillas and Patino-Ruiz Rosa P
Seller's Agent
Augusto Verissimo
WEICHERT REALTORS - HOME CITY
Buyer's Agent
ANA PAULA SALES
WEICHERT REALTORS - HOME CITY
List Price
$549,000
Sold Price
$540,000
Premium/Discount to List
-$9,000
-1.64%
Views
1
Current Estimated Value
$662,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,897
Avg. Annual Appreciation
6.88%
Original Mortgage
$494,505
Outstanding Balance
$480,016
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$182,881

Purchase Details

Closed on
Jan 12, 2010
Sold by
Merten Rosalie C
Bought by
Merten Rosalie C and Merten Maria H

Purchase Details

Closed on
Apr 20, 2009
Sold by
Anderson Kendra
Bought by
Tutt Kendra and Anderson Kendra

Purchase Details

Closed on
Apr 7, 1992
Sold by
Salzano Samuel and Salzano Philip
Bought by
Merten Alfred and Merten Rosalie C

Purchase Details

Closed on
Jul 9, 1991
Sold by
Salzano Rose S and Salzano Frank
Bought by
Salzano Salzano S and Salzano P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Meneses Carlos E Guaillas $540,000 Fidelity National Title
Merten Rosalie C -- None Available
Tutt Kendra -- None Available
Merten Alfred $65,000 --
Salzano Salzano S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meneses Carlos E Guaillas $494,505
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2022 11/30/22 Sold $540,000 -1.6% $355 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $549,000 -- $361 / 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 $3,493 $231,800 $58,800 $173,000
2024 $3,493 $231,800 $58,800 $173,000
2022 $3,501 $93,700 $59,100 $34,600
2021 $3,499 $93,700 $59,100 $34,600
2020 $3,561 $93,700 $59,100 $34,600
2019 $3,524 $93,700 $59,100 $34,600
2018 $3,460 $93,700 $59,100 $34,600
2017 $3,336 $93,700 $59,100 $34,600
2016 $3,223 $93,700 $59,100 $34,600
2015 $3,101 $93,700 $59,100 $34,600
2014 $2,906 $93,700 $59,100 $34,600
Source: Public Records

Agents Affiliated with this Home

  • Augusto Verissimo

    Seller's Agent in 2022

    Augusto Verissimo

    WEICHERT REALTORS - HOME CITY

    (201) 293-6333

    61 in this area

    215 Total Sales

    Augusto Verissimo
    Section Image

  • A

    Buyer's Agent in 2022

    ANA PAULA SALES

    WEICHERT REALTORS - HOME CITY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3787632

Garden State MLS

APN: 14-00945-0000-00039

New Jersey Essex County Newark 07105 South Ironbound

242 E Kinney St, Newark, NJ

Not Listed for Sale

MultiFamily

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