NOT LISTED FOR SALE

242 E Kinney St Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $654,000 - $689,000

Studio
-- Baths
1,520 Sq Ft
$445/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2022

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

Est. 25% increase in value since last sale

Current estimated payment $4,506 / mo

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 $676,525, approximately $445 per square foot. This property was built in 1935. 242 E Kinney St is a home located in Essex County with nearby schools including Hawkins Street Elementary School, Cleveland Elementary School, and Sir Isaac Newton 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

Range of Values:

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

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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

28 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$676,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,525
Avg. Annual Appreciation
6.14%
Original Mortgage
$494,505
Outstanding Balance
$475,041
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$201,484

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Ironbound, NJ

  • Tina Torres Real Estate Agent - RE/MAX LIFETIME REALTORS

    Tina Torres

    RE/MAX LIFETIME REALTORS

    (862) 298-4450

    188 Total Sales

    10 in South Ironbound

    $125K - $1.1M Price Range

    Tina Torres
     Section Image
  • Augusto Neno Real Estate Agent - Neno-Rosa Agency

    Augusto Neno

    Neno-Rosa Agency

    (862) 278-9673

    75 Total Sales

    3 in South Ironbound

    $580K - $750K Price Range

    Augusto Neno
     Section Image
  • Jack Yao Real Estate Agent - Realmart Realty, LLC

    Jack Yao

    Realmart Realty, LLC

    (732) 838-6992

    1,395 Total Sales

    1 in South Ironbound

    $460,000 Price

    Jack Yao
     Section Image
  • Cynthia Barrett-Bismuth Real Estate Agent - ALEXANDER ANDERSON REAL ESTATE

    Cynthia Barrett-Bismuth

    ALEXANDER ANDERSON REAL ESTATE

    (855) 694-5245

    26 Total Sales

    1 in South Ironbound

    $440,000 Price

    Cynthia Barrett-Bismuth
     Section Image
  • Marianna Pereira Real Estate Agent - COLDWELL BANKER LIBERTY

    Marianna Pereira

    COLDWELL BANKER LIBERTY

    (908) 895-6393

    21 Total Sales

    1 in South Ironbound

    $330,000 Price

    Marianna Pereira
     Section Image
  • CESAR VILLON Real Estate Agent - Prominent Properties Sotheby's International Realty-Alpine

    CESAR VILLON

    Prominent Properties Sotheby's International Realty-Alpine

    (551) 999-9575

    19 Total Sales

    2 in South Ironbound

    $389,000 Price Range

    CESAR VILLON
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $494,505
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,270 $231,800 $58,800 $173,000
2025 $9,270 $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 Real Estate Agent - WEICHERT REALTORS - HOME CITY

    Seller's Agent in 2022

    Augusto Verissimo

    WEICHERT REALTORS - HOME CITY

    (973) 420-5317

    63 in this area

    223 Total Sales

    Augusto Verissimo
    Section Image

  • AS

    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

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