$385,000
SOLD JUL 13, 2023

401 Chestnut St Nutley, NJ 07110

3 Beds
1 Bath
-- Sq Ft
3,899 Sq Ft Lot

Recently Sold

10% Above List Price

13 Days on Market

About This Home

As of March 2024

This house has everything you need just not yet. With some TLC this home can be amazing. A quintessential colonial with Main living room, dining room and kitchen on 1st floor, 3 beds and main bath on 2nd floor, 3rd floor unfinished walkup and unfinished basement with laundry room and space for your vision.

Last Agent to Sell the Property

Summer Failla

Century 21 The Crossing Listed on: 03/03/2023

Century 21 The Crossing

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,898

Lot Details

  • 3,899 Sq Ft Lot
  • Corner Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00006 / 05700

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,898

Lot Details

0

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Finance Co
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • View Type:Pond View: None
  • Co List Office Phone: 973-227-7000
  • MLS Status: Sold - Sold
  • Directions: Centre to Chestnut
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Primary Bathroom: No
  • Basement Remarks: unfinished, full

Exterior Features

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

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Radiant Floor

Lot Info

  • Lot Size Sq Ft: 3899.0

Tax Info

  • Tax Annual Amount: 9898.0
  • Tax Block: 05700
  • Tax Lot: 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2023
Closed on
Mar 19, 2024
Sold by
American Dream Properties 1 Llc
Bought by
Jacobs Chris and Muscat Julia
Seller's Agent
ERIN MURPHY
LIFESTYLE INTERNATIONAL REALTY
Buyer's Agent
Ryan Dougherty
COMPASS NEW JERSEY, LLC
List Price
$654,900
Sold Price
$600,000
Premium/Discount to List
-$54,900
-8.38%
Views
1226
Current Estimated Value
$652,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,087
Avg. Annual Appreciation
5.63%
Original Mortgage
$400,000
Outstanding Balance
$394,091
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$257,996

Purchase Details

Listed on
Mar 3, 2023
Closed on
Jun 6, 2023
Sold by
Diedwardo Linda Susan
Bought by
American Dream Properties 1 Llc
Seller's Agent
Summer Failla
Century 21 The Crossing
Buyer's Agent
Outside Agent
Outside Office
List Price
$349,000
Sold Price
$385,000
Premium/Discount to List
$36,000
10.32%
Views
442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.22%
Original Mortgage
$477,250
Interest Rate
6.07%
Mortgage Type
Construction
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 Type Sale Price Title Company
Bargain Sale Deed $600,000 Ridge Title
Deed $385,000 Simplicity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Previous Owner $477,250 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Sold $600,000 -0.8% --
01/10/2024 01/10/24 Pending -- -- --
01/03/2024 01/03/24 Price Changed $605,000 -2.4% --
12/21/2023 12/21/23 Price Changed $620,000 -3.1% --
12/09/2023 12/09/23 Price Changed $639,900 -2.3% --
11/23/2023 11/23/23 For Sale $654,900 +70.1% --
07/13/2023 07/13/23 Sold $385,000 +10.3% --
03/16/2023 03/16/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $349,000 -- --
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 $9,183 $485,400 $203,900 $281,500
2024 $9,183 $366,200 $203,900 $162,300
2023 $9,951 $366,200 $203,900 $162,300
2022 $9,951 $264,000 $149,400 $114,600
2021 $9,898 $264,000 $149,400 $114,600
2020 $9,470 $264,000 $149,400 $114,600
2019 $9,275 $264,000 $149,400 $114,600
2018 $9,019 $264,000 $149,400 $114,600
2017 $8,919 $264,000 $149,400 $114,600
2016 $8,647 $264,000 $149,400 $114,600
2015 $8,504 $264,000 $149,400 $114,600
2014 $8,393 $264,000 $149,400 $114,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23006113

New Jersey MLS

APN: 16-05700-0000-00006