NOT LISTED FOR SALE

16 Otis Place Verona, NJ 07044

Estimated Value: $656,000 - $698,000

3 Beds
2.5 Baths
-- Sq Ft
-- Built

Last Sold August 26, 2022

Last sale price $559,000

Est. 22% increase in value since last sale

Current estimated payment $4,601/month

6 Days on Market

Highlights

  • En-Suite Primary Bedroom
  • Central Air
  • 4-minute walk to Graz Park
  • Verona High School Rated A-
  • Rectangular Lot

About This Home

As of August 2022

Beautiful Beacon Hill townhouse with renovated kitchen and baths. Sunny and bright throughout. Coveted open floor plan with sunken living room with built-in bookcases, fireplace, and a balcony overlooking the woods behind. Large dining area plus eat-in kitchen. Powder room. Super spacious family room one flight down. Amazing primary suite with cathedral ceiling and balcony makes you feel like you're living in a treehouse! Lovely new primary bathroom. Huge walk-in closet. Two additional bedrooms and a second full bath upstairs. Central Air Conditioning replaced in 2021. Lots of storage! Great location on the Verona-Montclair border. A gem not to be missed!

Last Agent to Sell the Property

Kathleen McDonough

Prominent Properties Sotheby's International Realty-Montclair Listed on: 05/17/2022

Prominent Properties Sotheby's International Realty-Montclair

Co-Listed By

Paul Gold

Prominent Properties Sotheby's International Realty-Montclair

Last Buyer's Agent

Tamima Friedman

Keller Williams Realty - NJ Metro Group

Keller Williams Realty - NJ Metro Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,777

Lot Details

  • Rectangular Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Laning Ave Elementary School
  • Henry B Whitehorne Middle School
  • Verona High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00001 / 00207

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,777

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Duplex
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 973-783-6900
  • MLS Status: Sold - Sold
  • Directions: Claremont Avenue to Otis Place
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1980's
  • PropertySubTypeAdditional: None
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Primary Bathroom: Yes

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air

Schools

  • Elementary School: Laning Ave E.S.
  • High School: Verona H.S.
  • Middle Or Junior School: Henry B Whitehorne
  • Elementary: Laning Ave E.S.

Tax Info

  • Tax Annual Amount: 9777.0
  • Tax Block: 00207
  • Tax Lot: 00001

MLS Schools

  • High School Text: Verona H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Aug 23, 2022
Sold by
Alice Freed
Bought by
Zimmerman Kenneth Howard and Baillargeon Jacqueline Ann
Seller's Agent
Kathleen McDonough
Prominent Properties Sotheby's International Realty-Montclair
Buyer's Agent
Tamima Friedman
Keller Williams Realty - NJ Metro Group
List Price
$459,000
Sold Price
$559,000
Premium/Discount to List
$100,000
21.79%
Views
1
Current Estimated Value
$682,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,804
Avg. Annual Appreciation
6.75%
Original Mortgage
$445,000
Outstanding Balance
$420,769
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$257,545

Purchase Details

Closed on
May 25, 2001
Sold by
Minturn John
Bought by
Freed Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.09%
Source: Public Records

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
Zimmerman Kenneth Howard $559,000 --
Freed Alice $298,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerman Kenneth Howard $445,000
Previous Owner Freed Alice $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $559,000 +21.8% --
05/23/2022 05/23/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $459,000 -- --
Source: New Jersey 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 $10,353 $338,100 $160,000 $178,100
2024 $10,353 $338,100 $160,000 $178,100
2022 $10,119 $338,100 $160,000 $178,100
2021 $9,998 $338,100 $160,000 $178,100
2020 $9,778 $341,400 $130,000 $211,400
2019 $9,457 $341,400 $130,000 $211,400
2018 $9,986 $316,100 $125,000 $191,100
2017 $9,840 $316,100 $125,000 $191,100
2016 $9,682 $316,100 $125,000 $191,100
Source: Public Records

Agents Affiliated with this Home

  • Kathleen McDonough

    Seller's Agent in 2022

    Kathleen McDonough

    Prominent Properties Sotheby's International Realty-Montclair

    (973) 233-1164

    8 in this area

    112 Total Sales

    Section Image
  • Paul Gold

    Seller Co-Listing Agent in 2022

    Paul Gold

    Prominent Properties Sotheby's International Realty-Montclair

    (973) 900-4629

    7 in this area

    76 Total Sales

    Section Image
  • Tamima Friedman

    Buyer's Agent in 2022

    Tamima Friedman

    Keller Williams Realty - NJ Metro Group

    (201) 306-0267

    11 in this area

    170 Total Sales

    Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 22017448

New Jersey MLS

APN: 20-00207-0000-00001-0000-C0054

New Jersey Essex County Verona 07044

16 Otis Place, Verona, NJ

This home is located at 16 Otis Place, Verona, NJ 07044 since 17 May 2022 and is currently estimated at $678,314. 16 Otis Place is a home located in Essex County with nearby schools including Laning Avenue School, Henry B. Whitehorne Middle School, and Verona High 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.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.

Nearby Homes