NOT LISTED FOR SALE

40 Carteret St Unit 44 Newark, NJ 07104

North Broadway Neighborhood

Estimated Value: $463,000 - $471,000

0.15 Acre
$3,108,487 Price per Acre
6,534 Sq Ft Lot

Last Sold May 11, 2022

Last sale price $485,000

Est. 4% decrease in value since last sale

Current estimated payment $2,594/month

145 Days on Market

About This Lot

As of May 2022

This home is located at 40 Carteret St Unit 44, Newark, NJ 07104 since 08 July 2021 and is currently estimated at $466,273. 40 Carteret St Unit 44 is a home located in Essex County with nearby schools including Elliott Street Elementary School, Ridge Street Elementary School, and Rafael Hernandez School.

Last Agent to Sell the Property

Shawn Rosa

ROSA AGENCY Brokerage Phone: 973-751-1000 Listed on: 07/08/2021

Last Buyer's Agent

Shawn Rosa

ROSA AGENCY Brokerage Phone: 973-751-1000 Listed on: 07/08/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,346

Lot Details

  • 6,534 Sq Ft Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,346

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 5086680
  • Modified: 2023-05-12
  • Attribution Contact: 973-751-1000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Size: 70X96.10
  • Total Acres: 0.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2024
Sold by
40-44 Carteret Street Llc
Bought by
Lef Developments Llc
Current Estimated Value
$466,273

Purchase Details

Listed on
Jul 8, 2021
Closed on
Mar 28, 2022
Sold by
Forest Hills Holdings Llc
Bought by
40-44 Carteret Street Llc
Seller's Agent
Shawn Rosa
ROSA AGENCY
Buyer's Agent
Shawn Rosa
ROSA AGENCY
List Price
$525,000
Sold Price
$485,000
Premium/Discount to List
-$40,000
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.15%

Purchase Details

Closed on
Feb 19, 2021
Sold by
Bergen Ege Associates
Bought by
Broadway Manor Urban Renewal Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,760,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 14, 2015
Closed on
Jan 13, 2017
Sold by
Martinez Juan and Suarez Liazara
Bought by
Nguyen Anh
Seller's Agent
Mario Freeman
KELLER WILLIAMS PARK VIEWS
Buyer's Agent
Mario Freeman
KELLER WILLIAMS PARK VIEWS
List Price
$109,900
Sold Price
$114,000
Premium/Discount to List
$4,100
3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.64%

Purchase Details

Closed on
Sep 19, 2006
Sold by
Santiago Karen
Bought by
Martinez Juan and Suarez Lazara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 1999
Sold by
Binakaj Veton
Bought by
Santiago Karen and Pagan William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,300
Interest Rate
7.39%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 1998
Sold by
Hernandez Alberto
Bought by
Binakaj Veton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 1994
Sold by
Equitie Broadway
Bought by
Hernandez Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
8.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 1994
Sold by
Prud Home
Bought by
Broadway Equities
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
Lef Developments Llc $440,000 Fortuna Title
40-44 Carteret Street Llc $485,000 Acres Land Title
Broadway Manor Urban Renewal Llc $8,791,859 Champion Title Agency Inc
Nguyen Anh $114,000 Heritage Abstract
Martinez Juan $330,000 --
Santiago Karen $152,000 --
Binakaj Veton $40,000 --
Hernandez Guillermo $20,000 --
Broadway Equities $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Broadway Manor Urban Renewal Llc $9,760,000
Previous Owner Martinez Juan $313,500
Previous Owner Santiago Karen $150,300
Previous Owner Binakaj Veton $73,000
Previous Owner Hernandez Guillermo $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2022 05/11/22 Sold $485,000 0.0% --
11/30/2021 11/30/21 Pending -- -- --
08/10/2021 08/10/21 Price Changed $485,000 -7.6% --
07/16/2021 07/16/21 For Sale $525,000 0.0% --
07/10/2021 07/10/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $525,000 +360.5% --
02/02/2017 02/02/17 Sold $114,000 +3.7% -- View Prior Sale
12/01/2016 12/01/16 Pending -- -- --
07/14/2015 07/14/15 For Sale $109,900 -- --
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 $1,346 $36,100 $36,100 --
2024 $1,346 $36,100 $36,100 $0
2022 $1,349 $36,100 $36,100 $0
2021 $1,348 $36,100 $36,100 $0
2020 $7,942 $209,000 $36,100 $172,900
2019 $7,860 $209,000 $36,100 $172,900
2018 $7,718 $209,000 $36,100 $172,900
2017 $7,440 $209,000 $36,100 $172,900
2016 $7,190 $209,000 $36,100 $172,900
2015 $6,916 $209,000 $36,100 $172,900
2014 $6,481 $209,000 $36,100 $172,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Shawn Rosa

    ROSA AGENCY

    (908) 642-6704

    1 in this area

    62 Total Sales

    Shawn Rosa
    Section Image

  • M

    Seller's Agent in 2017

    Mario Freeman

    KELLER WILLIAMS PARK VIEWS

    (973) 202-5078

    2 Total Sales

    Mario Freeman
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3725790

Garden State MLS

APN: 14-00733-0000-00025

New Jersey Essex County Newark 07104 North Broadway

40 Carteret St Unit 44, Newark, NJ

This home is located at 40 Carteret St Unit 44, Newark, NJ 07104 since 08 July 2021 and is currently estimated at $466,273. 40 Carteret St Unit 44 is a home located in Essex County with nearby schools including Elliott Street Elementary School, Ridge Street Elementary School, and Rafael Hernandez School.

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