NOT LISTED FOR SALE

242 E Kinney St Newark, NJ 07105

Estimated Value: $592,000 - $669,000

-- Bed
-- Bath
1,520 Sq Ft
$419/Sq Ft Est. Value

Last Sold November 30, 2022

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

Est. 18% increase in value since last sale

Current estimated payment $3,859/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 $637,539, approximately $419 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 Listed By

Augusto Verissimo

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

WEICHERT REALTORS - HOME CITY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,493

Year Built

  • Built in 1935

Lot Details

  • 28 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,493

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Year Built: 1935
  • County Name: Essex
  • Street Number Display: 242
  • I D: 5156303
  • Modified: 2023-12-01
  • Number Images: 1
  • 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%
Total Days on Market
126
Views
1
Current Estimated Value
$637,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,539
Avg. Annual Appreciation
6.92%
Original Mortgage
$494,505
Outstanding Balance
$482,396
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$155,143

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Previous Owner Merten Philip A $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

    (973) 420-5317

    90 in this area

    216 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

242 E Kinney St, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 242 E Kinney St, Newark, NJ 07105 since 07 June 2022 and is currently estimated at $637,539, approximately $419 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes