NOT LISTED FOR SALE

262 Prospect St South Orange, NJ 07079

Estimated Value: $790,000 - $1,096,485

4 Beds
3.5 Baths
1,806 Sq Ft
$534/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $654,000 $362 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,735/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • South Mountain Elementary School Rated A-
  • Recreation Room
  • Wine Refrigerator

About This Home

As of July 2020

Newly Renovated Colonial. Open floor plan. New kitchen with stainless steel appliances, breakfast bar, farmhouse sink, pot filler, wine refrigerator and custom soft close cabinets. The first floor welcomes you to a spacious living room with fireplace, dining room, powder room and a comfortable den. Sliding glass doors lead to a level backyard that features a beautiful stone deck. Three generous bedrooms and a new bath complete the 2nd floor. Third floor bedroom with skylight light and full bath. Finished basement with rec room, laundry room,& full bath. New 2 Zone Central Air/Heat, newly refinished wood floors,recessed lighting,updated plumbing & updated electrical system. Conveniently located 0.6 of a mile to the South Orange train station. Close to shopping, parks, schools, restaurants and recreation.

Last Agent to Sell the Property

MONICA ROSS

COLDWELL BANKER REALTY Listed on: 07/06/2020

Last Buyer's Agent

LARA LIQUORI

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,112

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Private Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Skylights
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Utility Room
  • Laundry Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

  • Clinton Elementary School
  • S Orange Middle School
  • Columbia High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units

Listing and Financial Details

  • Assessor Parcel Number 1619-02205-0000-00027-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,112

Year Built

Built in 1924 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1924
  • Year Built Description: Approximate, Renovated
  • County Name: Essex
  • Exclusions: Staging Furniture
  • Renovated Year: 2020
  • Street Number Display: 262
  • Directions: Prospect Street near the corner of Montague
  • I D: 4996290
  • Modified: 2021-09-23
  • Number Images: 23
  • First Name: MONICA
  • First Name3: LARA
  • Last Name: ROSS
  • Last Name3: LIQUORI
  • Office Phone: 973-275-3029
  • Office Phone3: 973-275-3032
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, WineRefr
  • Interior Amenities: Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, Skylight, Smoke Detector, StallTub
  • Number Rooms: 9
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Bath(s) Other, Laundry Room, Rec Room, Utility Room
  • Dining Room Level: First
  • Den Level: First
  • Kitchen Area: Breakfast Bar
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Level: Basement
  • Level 1 Rooms: Den, Dining Room, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other
  • Phone: 973-378-8300

Exterior Features

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

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: Driveway-Exclusive

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: CLINTON
  • Middle School: S ORANGE
  • High School: COLUMBIA
  • High School: COLUMBIA
  • Middle Jr High School: S ORANGE

Lot Info

  • Lot Size: .145 AC
  • Assessed Improvement Value: 153800
  • Assessed Land Value: 287500
  • Assessment: 441300
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 27
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.14

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 14112
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1619-02205-0000-00027-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.198
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: CLINTON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Jul 27, 2020
Sold by
New Assets Llc
Bought by
Ferrier Tessa N and Brockhoff Alexander M
Seller's Agent
MONICA ROSS
COLDWELL BANKER REALTY
Buyer's Agent
LARA LIQUORI
COMPASS NEW JERSEY, LLC
List Price
$629,000
Sold Price
$654,000
Premium/Discount to List
$25,000
3.97%
Current Estimated Value
$952,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,142
Avg. Annual Appreciation
7.99%
Original Mortgage
$584,100
Outstanding Balance
$520,245
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$444,126

Purchase Details

Closed on
Dec 23, 2019
Sold by
Adkins Patricia Est
Bought by
New Assets Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
3.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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Average Value
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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
Ferrier Tessa N $654,000 Acres Land Title Agency Inc
New Assets Llc $308,500 Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrier Tessa N $584,100
Previous Owner New Assets Llc $432,000
Previous Owner Adkins Patricia A $690,000
Previous Owner Adkins Patricia Ann $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $654,000 +4.0% $362 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $629,000 -- $348 / 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 $20,182 $717,500 $297,200 $420,300
2024 $20,182 $717,500 $297,200 $420,300
2022 $19,460 $554,900 $287,500 $267,400
2021 $18,783 $554,900 $287,500 $267,400
2020 $14,475 $441,300 $287,500 $153,800
2019 $14,113 $441,300 $287,500 $153,800
2018 $13,901 $441,300 $287,500 $153,800
2017 $13,557 $441,300 $287,500 $153,800
2016 $12,851 $335,700 $180,900 $154,800
2015 $12,552 $335,700 $180,900 $154,800
2014 $12,290 $335,700 $180,900 $154,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    MONICA ROSS

    COLDWELL BANKER REALTY

  • L

    Buyer's Agent in 2020

    LARA LIQUORI

    COMPASS NEW JERSEY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3645994

Garden State MLS

APN: 19-02205-0000-00027

New Jersey Essex County South Orange 07079

262 Prospect St, South Orange, NJ

This home is located at 262 Prospect St, South Orange, NJ 07079 since 06 July 2020 and is currently estimated at $964,371, approximately $533 per square foot. This property was built in 1924. 262 Prospect St 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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