Sold618d on marketHistoric · 114 yrs
16 Somerset St
Carteret, NJ, 07008 • 07008 • Middlesex County
$535,000
$290/sqft
5Beds
2Baths
1,842Sqft
0.1 acLot
1912Built
Property DNA
Character Home
Built 1912 · 114 years of history
Outdoor Living
Patio · Deck
2-Car Garage
Garage · Detached · 1-2 Car Parking
This home is in high demand
Listed 618 days ago · 14 views · Top 9% likely to sell soon
Market activity
Demand and pricing signals for this listing
14 views
People checking out this listing
618 days on market
Established listing
$290/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 9% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1912 · Historic
Great opportunity to own an investment property. First floor completely renovated. Beautiful eat-in kitchen has breakfast bar with SS appliances, modern cabinets and subway tile back splash, Quartz counters with stainless steel sink and high end laminate flooring and modern Spa-like bathroom with subway tile. Second floor renovated 4-5 years ago. Great location close to highways and transportation.
Standout features identified
Our analysis highlights modern cabinets, stainless steel sink, and close to highways as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,344/month
Principal & Interest$2,630
Property Tax$535
Insurance$178
Down payment20% ($107,000)
3%50%
Est. 6.23% rate · 30yr fixed · $428,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1912
HeatingBaseboard Hotwater
CoolingNone
Parking2 Garage spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1912
Stories2
Systems
HeatingBaseboard Hotwater
CoolingNone
RoofFlat
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingGarage, Detached, 1-2 Car Parking
Garage2 spaces
BasementFull, Utility Room
Lot4,499 sqft
Location & Tax
Neighborhood07008
Annual tax$6,248
Parcel0107702000000015
Features & details
11 categories of property features
Interior Features
Interior
Unit 1(3 Bedrooms
Kitchen
1 Bath
Living Room)
Unit 2(2 Bedrooms
Kitchen
Laundry Hookup
1 Bath)
Appliances
Water Heater(Gas)
Water Heater
Unit 1(Range/Oven
Refrigerator)
Unit 2(Range/Oven
Refrigerator)
Heating
Baseboard Hotwater
Cooling
None
Accessibility
Unit 1 Accessibility Features
Exterior Features
Exterior
Patio
Deck
Parking
Garage
Detached
1-2 Car Parking
Patio & Porch
Patio
Deck
Lot Features
Level
Utilities
Natural Gas Connected
Gas
Natural Gas
Listing insights
Market data and value estimates
StatusSold
Days on market618
Est. value$617,400
Est. rent$2,786/mo
Tax rate1.82%
Price/sqft$290
On marketApr 26, 2024
PostedNov 7, 2025
Last sold$535,000
MLS updatedJul 30, 2024
Tour days6
Views14
How are the schools in Carteret?
3 schools rated nearby
Location
Carteret, NJ, 07008
Price history
9 events
DateEventPrice$/sqftSource
Jul 30, 2024Sold$535,000$290All Jersey MLS
May 9, 2024Contingent$525,000$285All Jersey MLS
May 9, 2024Pending Sale$525,000$285GSMLS
Apr 26, 2024Listed For Sale$525,000$285GSMLS
Jan 12, 2022Sold$365,000$198Public Record
Sep 27, 2021Price Change$425,000$231All Jersey MLS
Jun 21, 2021Listed For Sale$450,000$244All Jersey MLS
Aug 3, 2004Sold$126,000$68Public Record
Apr 16, 2001Sold$60,000$33Public Record
Sold$535,000
Jul 30, 2024•$290/sqft•All Jersey MLS
Contingent$525,000
May 9, 2024•$285/sqft•All Jersey MLS
Pending Sale$525,000
May 9, 2024•$285/sqft•GSMLS
Listed For Sale$525,000
Apr 26, 2024•$285/sqft•GSMLS
Sold$365,000
Jan 12, 2022•$198/sqft•Public Record
Price Change$425,000
Sep 27, 2021•$231/sqft•All Jersey MLS
Listed For Sale$450,000
Jun 21, 2021•$244/sqft•All Jersey MLS
Sold$126,000
Aug 3, 2004•$68/sqft•Public Record
Sold$60,000
Apr 16, 2001•$33/sqft•Public Record
Tax history
18 years of records
YearTax paidAssessed value
Apr 10, 2025$16,718$524,400
Apr 10, 2024$6,596$206,900
Apr 10, 2023$6,426$206,900
Apr 10, 2022$6,248$206,900
Apr 10, 2021$6,182$206,900
Apr 10, 2020$5,950$206,900
Apr 10, 2019$5,639$206,900
Apr 10, 2018$5,639$206,900
Apr 10, 2017$5,811$206,900
Apr 10, 2016$5,727$183,500
Apr 10, 2015$5,477$183,500
Apr 10, 2014$5,399$183,500
Apr 10, 2012$4,842$183,500
Apr 10, 2005—$90,700
Apr 10, 2004$3,719$90,700
Apr 10, 2003—$89,300
Apr 10, 2002—$89,300
Apr 10, 2001—$89,300
Nearby homes
Neighborhood details
Local context around this listing
Carteret, NJ • Middlesex County
Nearby cities
CarteretEast BrunswickEdisonMatawanMonroe TownshipNew BrunswickNorth BrunswickOld Bridge
Nearby zip codes
07008
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