NOT LISTED FOR SALE

2 Tower Dr Maplewood, NJ 07040

Estimated Value: $1,460,000 - $1,596,000

5 Beds
4 Baths
3,188 Sq Ft
$488/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $1,035,000 $325 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $10,594/month

9 Days on Market

About This Home

As of October 2020

This home is located at 2 Tower Dr, Maplewood, NJ 07040 since 26 August 2020 and is currently estimated at $1,555,792, approximately $488 per square foot. This property was built in 1936. 2 Tower Dr is a home located in Essex County with nearby schools including South Mountain Elementary School, South Orange Middle School, and Columbia Senior High School.

Last Agent to Sell the Property

ALLISON ZIEFERT

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 08/26/2020

Last Buyer's Agent

Kate Elliott

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,425

Year Built

  • Built in 1936

Lot Details

  • 10,019 Sq Ft Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,425

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Year Built: 1936
  • County Name: Essex
  • Street Number Display: 2
  • I D: 5010955
  • Modified: 2025-07-21
  • Number Images: 0
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 72X140
  • Total Acres: 0.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2021
Sold by
Covington Joel P and Covington Samantha J
Bought by
Hahn Jason Chun and Ng Ka Wing
Current Estimated Value
$1,555,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Outstanding Balance
$683,616
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$872,176

Purchase Details

Listed on
Aug 26, 2020
Closed on
Oct 15, 2020
Sold by
Covington Joel P and Covington Samantha J
Bought by
Hahn Jason Chun and Ng Ka Wing
Seller's Agent
ALLISON ZIEFERT
COMPASS NEW JERSEY, LLC
Buyer's Agent
Kate Elliott
COLDWELL BANKER REALTY
List Price
$925,000
Sold Price
$1,035,000
Premium/Discount to List
$110,000
11.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$765,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2016
Closed on
Jul 28, 2016
Sold by
Poulos James G and Poulos Nikki
Bought by
Covington Joel P and Covington Samantha J
Seller's Agent
ALLISON ZIEFERT
COMPASS NEW JERSEY, LLC
Buyer's Agent
ALLISON ZIEFERT
COMPASS NEW JERSEY, LLC
List Price
$875,000
Sold Price
$795,000
Premium/Discount to List
-$80,000
-9.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$636,446
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 1999
Sold by
Anniballi Dennis
Bought by
Poulos James and Poulos Nikki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.9%
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
Hahn Jason Chun $1,035,000 Stewart Title
Hahn Jason Chun $1,035,000 Stewart Title Guaranty Co
Covington Joel P $795,000 Acres Land Title Agency Inc
Poulos James $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hahn Jason Chun $765,000
Previous Owner Hahn Jason Chun $765,000
Previous Owner Covington Joel P $636,446
Previous Owner Poulos James $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2020 10/19/20 Sold $1,035,000 +11.9% $325 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $925,000 +16.4% $290 / Sq Ft
08/05/2016 08/05/16 Sold $795,000 -9.1% $249 / Sq Ft View Prior Sale
04/26/2016 04/26/16 Pending -- -- --
03/26/2016 03/26/16 For Sale $875,000 -- $274 / Sq Ft
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 $28,425 $1,405,500 $533,000 $872,500
2024 $28,425 $1,405,500 $533,000 $872,500
2022 $27,718 $786,100 $391,000 $395,100
2021 $26,877 $786,100 $391,000 $395,100
2020 $26,114 $786,100 $391,000 $395,100
2019 $25,360 $786,100 $391,000 $395,100
2018 $24,707 $786,100 $391,000 $395,100
2017 $23,968 $786,100 $391,000 $395,100
2016 $23,879 $648,000 $311,000 $337,000
2015 $23,328 $648,000 $311,000 $337,000
2014 $22,836 $648,000 $311,000 $337,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    ALLISON ZIEFERT

    COMPASS NEW JERSEY, LLC

  • K

    Buyer's Agent in 2020

    Kate Elliott

    COLDWELL BANKER REALTY

    (646) 662-6655

    44 in this area

    116 Total Sales

    Kate Elliott
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3659258

Garden State MLS

APN: 11-00006-02-00011

New Jersey Essex County Maplewood 07040

2 Tower Dr, Maplewood, NJ

This home is located at 2 Tower Dr, Maplewood, NJ 07040 since 26 August 2020 and is currently estimated at $1,555,792, approximately $488 per square foot. This property was built in 1936. 2 Tower Dr is a home located in Essex County with nearby schools including South Mountain Elementary School, South Orange Middle School, and Columbia Senior High School.

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