NOT LISTED FOR SALE

292 Melrose Place South Orange, NJ 07079

Estimated Value: $1,318,000 - $1,441,721

6 Beds
5 Baths
3,503 Sq Ft
$390/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $800,000 $228 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $9,209/month

25 Days on Market

Highlights

  • Docks
  • Spa
  • Wood Flooring
  • South Mountain Elementary School Rated A-
  • Colonial Architecture
  • Formal Dining Room

About This Home

As of June 2020

This idyllic home sits on an especially large (hard-to-find) lot! Incredible value in this 6 bed, 3.2 bath classic and exceptional center hall colonial. Come visit and make this your forever home! Easy entertaining through first floor living, dining, and kitchen-to-patio flow. Large 3rd floor room, finished basement and expansive backyard is ready for recreation and play. Melrose Place is a coveted street that is close to South Orange's parks, schools, NYC trains, and robust downtown village.

Last Agent to Sell the Property

CAROL FARDIN

KELLER WILLIAMS REALTY Listed on: 02/12/2020

Last Buyer's Agent

TRACY NIX

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,218

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 0.44 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Tile

Interior Spaces

  • 3,503 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Recirculated Exhaust Fan
  • Free-Standing Freezer
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Spa
  • Docks
  • Patio

Schools

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

Utilities

  • Central Air
  • Radiator
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 1619-00302-0000-00023-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,218

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: Renovated
  • County Name: Essex
  • Exclusions: Dining room and living room chandeliers
  • Possible Other Uses: Home-Office
  • Directions: Ridgewood Rd to Melrose, or Wyoming to Franklin to Melrose
  • I D: 4962081
  • First Name: CAROL
  • First Name3: TRACY
  • Last Name: FARDIN
  • Last Name3: NIX
  • Office Phone: 973-762-5400
  • Office Phone3: 973-783-6900
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2008

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Disposal, Dryer, Freezer-Freestanding, Hot Tub, Kitchen Exhaust Fan, Refrigerator, Sump Pump, OvnWElec, Washer
  • Bedrooms: 6
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: Third
  • Family Room Level: Ground
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 14x12
  • Kitchen Level: First
  • Living Room Dim: 25x14
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Dim: 17x11
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Dim: 24x24
  • Other Room2 Level: Basement
  • Other Room 3: Office
  • Other Room3 Dim: 13x11
  • Other Room3 Level: Basement
  • Estimated Sq Ft: 3503
  • Phone: 973-762-5400

Exterior Features

  • Exterior Description: Brick, CedarSid
  • Exterior Features: Dock, Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Central Air
  • Fuel Type: OilAbIn
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water

Schools

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

Lot Info

  • Lot Size: .438 AC
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.44
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 21218
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1619-00302-0000-00023-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.198
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: S MOUNTAIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Jun 8, 2020
Sold by
Hoffmann Melanie and Hoffmann Arthur
Bought by
Higgins Sean W and Higgins Gina M
Seller's Agent
CAROL FARDIN
KELLER WILLIAMS REALTY
Buyer's Agent
TRACY NIX
PROMINENT PROPERTIES SIR
List Price
$789,000
Sold Price
$800,000
Premium/Discount to List
$11,000
1.39%
Current Estimated Value
$1,365,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$565,680
Avg. Annual Appreciation
10.39%
Original Mortgage
$680,000
Outstanding Balance
$601,633
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$764,047

Purchase Details

Closed on
Dec 8, 2014
Sold by
Hoffmann Arthur and Hoffmann Melanie
Bought by
Hoffmann Melanie

Purchase Details

Closed on
Jul 3, 2008
Sold by
Cooper David L
Bought by
Hoffmann Arthur and Hoffmann Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2006
Sold by
Yeager Richard
Bought by
Cooper David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
8.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Higgins Sean W $800,000 First American Title Ins Co
Hoffmann Melanie -- --
Hoffmann Melanie -- --
Hoffmann Arthur $750,000 Nrt Title Agency
Cooper David $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higgins Sean W $680,000
Previous Owner Hoffmann Arthur $562,500
Previous Owner Cooper David $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2020 06/25/20 Sold $800,000 +1.4% $228 / Sq Ft
03/08/2020 03/08/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $789,000 -- $225 / 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 $24,132 $1,072,500 $526,200 $546,300
2024 $24,132 $1,072,500 $526,200 $546,300
2022 $23,269 $663,500 $353,100 $310,400
2021 $22,459 $663,500 $353,100 $310,400
2020 $21,763 $663,500 $353,100 $310,400
2019 $21,219 $663,500 $353,100 $310,400
2018 $20,900 $663,500 $353,100 $310,400
2017 $20,383 $663,500 $353,100 $310,400
2016 $20,824 $544,000 $231,400 $312,600
2015 $20,340 $544,000 $231,400 $312,600
2014 $19,916 $544,000 $231,400 $312,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    CAROL FARDIN

    KELLER WILLIAMS REALTY

  • T

    Buyer's Agent in 2020

    TRACY NIX

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3615872

Garden State MLS

APN: 19-00302-0000-00023

New Jersey Essex County South Orange 07079

292 Melrose Place, South Orange, NJ

Not Listed for Sale

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