NOT LISTED FOR SALE

161 Prospect St Nutley, NJ 07110

Estimated Value: $527,465 - $578,000

2 Beds
1 Bath
-- Sq Ft
5,140 Sq Ft Lot

Last Sold April 06, 2016

Last sale price $282,500

Est. 96% increase in value since last sale

Current estimated payment $3,672/month

91 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Formal Dining Room
  • Nutley High School Rated A-
  • Wood Flooring
  • Living Room

About This Home

As of April 2016

2 Bedroom Colonial, newer siding, windows, privacy fence, exterior doors, walkway. Deck with large yard. Walk to Lincoln school. Affordable taxes!! Seller willing to remove underground oil tank and install new above ground tank.

Last Agent to Sell the Property

TONI LUCAS

C-21 AWARD AGENCY Listed on: 11/13/2015

Last Buyer's Agent

VICTOR H ARRESE

HOMESMART FIRST ADVANTAGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,960

Year Built

  • Built in 1915

Lot Details

  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Living Room
  • Formal Dining Room
  • Finished Basement

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • Lincoln Elementary School
  • John H. Walker Middle School
  • Nutley High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil Below Ground
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1616-07702-0000-00012-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,960

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1915
  • County Name: Essex
  • Directions: Centre or Harrison to Prospect St.
  • I D: 4581660
  • First Name: TONI
  • First Name3: VICTOR H
  • Last Name: LUCAS
  • Last Name3: ARRESE
  • Office Phone: 973-661-3808
  • Office Phone3: 973-253-7330
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Interior Amenities: Smoke Detector, Carbon Monoxide Detector
  • Bedrooms: 2
  • Bedroom 1 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Dim: 9x15
  • Kitchen Level: First
  • Living Room Dim: 12x12
  • Living Room Level: First
  • Level 1 Rooms: Living Room, Kitchen, Dining Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main
  • Phone: 973-661-3808

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Storage Shed
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Oil Tank Below Ground
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: NUTLEY
  • Middle Jr High School: JOHN H. WALKER

Lot Info

  • Lot Size: 35X147 IRR
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6960
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1616-07702-0000-00012-0000-
  • Tax Rate Amount: 3.274
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: LINCOLN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2015
Closed on
Apr 4, 2016
Sold by
Mulcahy Megan and Yarosh Megan
Bought by
Alcalde Julian A
Seller's Agent
TONI LUCAS
C-21 AWARD AGENCY
Buyer's Agent
VICTOR H ARRESE
HOMESMART FIRST ADVANTAGE
List Price
$305,000
Sold Price
$282,500
Premium/Discount to List
-$22,500
-7.38%
Current Estimated Value
$553,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,616
Avg. Annual Appreciation
7.13%
Original Mortgage
$226,000
Outstanding Balance
$179,307
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$373,809

Purchase Details

Closed on
Oct 23, 2008
Sold by
Howe John and Howe Dawn
Bought by
Mulcahy Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 1999
Sold by
Testa Allan
Bought by
Rowe John and Rowe Dawn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alcalde Julian A $282,500 Apple Title Agency
Mulcahy Megan $315,000 First American Title Ins Co
Rowe John $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alcalde Julian A $226,000
Previous Owner Mulcahy Megan $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2016 04/06/16 Sold $282,500 -7.4% --
02/12/2016 02/12/16 Pending -- -- --
11/13/2015 11/13/15 For Sale $305,000 -- --
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 $9,351 $363,000 $171,100 $191,900
2024 $9,351 $363,000 $171,100 $191,900
2022 $8,590 $222,300 $82,500 $139,800
2021 $8,545 $222,300 $82,500 $139,800
2020 $8,185 $222,300 $82,500 $139,800
2019 $8,021 $222,300 $82,500 $139,800
2018 $7,805 $222,300 $82,500 $139,800
2017 $7,720 $222,300 $82,500 $139,800
2016 $7,492 $222,300 $82,500 $139,800
2015 $7,371 $212,600 $82,500 $130,100
2014 $6,961 $212,600 $82,500 $130,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3266388

Garden State MLS

APN: 16-07702-0000-00012