NOT LISTED FOR SALE

519 Lake St Unit 521 Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $486,000 - $955,000

5 Beds
2.5 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold August 05, 2022

Last sale price $710,000

Est. 8% increase in value since last sale

Current estimated payment $5,296/month

39 Days on Market

Highlights

  • Colonial Architecture
  • Marble Flooring
  • Formal Dining Room
  • Recreation Room
  • High Ceiling
  • 2 Car Detached Garage

About This Home

As of August 2022

This beautiful home is located in the historic neighborhood of Forest Hills, across the street from Branch Brook Park. One of a Kind. Premiere Location, Luxurious Style, and Modern. Newly renovated with about 3,600 sqft of living space on a quiet suburban street. A commuter's dream, this luxury home is located just minutes from the Light Rail. This Forest Hills home has 5 large beds & 2.5 baths includes a primary ensuite & 1st fl powder room and wood floors throughout. 1st level has wood floors; living room with fireplace, formal dining room; powder room; kitchen offers a spacious island with quartz countertops, SS appliances, farmhouse sink. 2nd level offers 4 spacious bedrooms and a full bath. 3rd level offers owner's suite complete with WIC, ensuite marble bath with clawfoot tub and separate shower. The finished basement has laundry hookup. Massive outdoor space and a 2 car detached garage. LOW TAXES.

Last Agent to Sell the Property

SHANTELL LUCAS

NEW AND MODERN GROUP Listed on: 05/03/2022

Co-Listed By

Craig Ridley

MONOPOLY MARC REALTY LLC

Last Buyer's Agent

SHANTELL LUCAS

NEW AND MODERN GROUP Listed on: 05/03/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,733

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • High Ceiling
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Kitchen

  • Gas Oven or Range
  • Kitchen Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Soaking Tub
  • Separate Shower

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1614-00633-0000-00009-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,733

Year Built

Built in 1953 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Contemporary, Colonial
  • Primary Style: Contemporary
  • Subproperty Type: Single Family
  • Year Built: 1953
  • Year Built Description: Renovated
  • County Name: Essex
  • Renovated Year: 2022
  • Street Number Display: 519
  • Directions: Bloomfield Ave to Lake
  • I D: 5147511
  • Modified: 2023-08-06
  • Number Images: 34
  • First Name: SHANTELL
  • First Name2: CRAIG
  • First Name3: SHANTELL
  • Last Name: LUCAS
  • Last Name2: RIDLEY
  • Last Name3: LUCAS
  • Office Phone: 973-474-0238
  • Office Phone3: 973-474-0238
  • Attribution Contact: null
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Flooring: Marble, Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas
  • Interior Amenities: Carbon Monoxide Detector, High Ceilings, Security System, StallShw, StallTub, Walk-In Closet
  • Number Rooms: 12
  • Bedrooms: 5
  • Master Bedroom Desc: Dressing Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Laundry Room, Rec Room, Storage Room, Utility Room
  • Dining Room Level: Ground
  • Den Level: Basement
  • Kitchen Area: Center Island
  • Kitchen Level: Ground
  • Living Room Level: Ground
  • Level 1 Rooms: 4 Or More Bedrooms, Bath Main
  • Level 2 Rooms: 1 Bedroom, Bath Main, Screened
  • Ground Level Rooms: Dining Room, Foyer, Kitchen, Living Room, Powder Room
  • Phone: 973-327-2758

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 50X100
  • Assessed Improvement Value: 119700
  • Assessed Land Value: 57500
  • Assessment: 177200
  • Lot Identifier: 9
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6733
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00633-0000-00009-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.734
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Aug 4, 2022
Sold by
519-521 Lake Street Llc
Bought by
Phillips-Hall Cheryl Ann and Hall Martin
Seller's Agent
SHANTELL LUCAS
NEW AND MODERN GROUP
Buyer's Agent
SHANTELL LUCAS
NEW AND MODERN GROUP
List Price
$699,999
Sold Price
$710,000
Premium/Discount to List
$10,001
1.43%
Current Estimated Value
$766,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,076
Avg. Annual Appreciation
-0.46%
Original Mortgage
$687,321
Outstanding Balance
$657,828
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$41,948

Purchase Details

Closed on
Feb 11, 2022
Sold by
Samantha Frias
Bought by
519-521 Lake Street Llc

Purchase Details

Closed on
Jul 22, 2020
Sold by
Guzman Pamela
Bought by
Frias Samantha

Purchase Details

Listed on
May 3, 2019
Closed on
Jun 14, 2019
Sold by
Deutsche Bank
Bought by
Frias Samantha and Guzman Pamela
Seller's Agent
CHARMAINE HALE
WEICHERT REALTORS - HOME CITY
Buyer's Agent
ARTURO MARTINEZ
KELLER WILLIAMS TEAM REALTY
List Price
$221,500
Sold Price
$300,000
Premium/Discount to List
$78,500
35.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.71%

Purchase Details

Closed on
Oct 25, 2001

Purchase Details

Closed on
Oct 27, 1995
Sold by
Caputa Elsie
Bought by
Jackson Nathaniel and Jackson Carol
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
Phillips-Hall Cheryl Ann $710,000 --
519-521 Lake Street Llc -- New Title Company Name
Frias Samantha -- None Available
Frias Samantha $300,000 Coastal Title Agency Inc
-- $776,300 --
Jackson Nathaniel $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips-Hall Cheryl Ann $687,321
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $710,000 +1.4% --
06/16/2022 06/16/22 Pending -- -- --
05/07/2022 05/07/22 For Sale $699,999 +133.3% --
07/23/2019 07/23/19 Sold $300,000 +35.4% $200 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $221,500 -- $148 / 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 $15,016 $402,800 $57,500 $345,300
2024 $15,016 $402,800 $57,500 $345,300
2022 $6,620 $177,200 $57,500 $119,700
2021 $6,617 $177,200 $57,500 $119,700
2020 $6,734 $177,200 $57,500 $119,700
2019 $6,664 $177,200 $57,500 $119,700
2018 $6,544 $177,200 $57,500 $119,700
2017 $6,308 $177,200 $57,500 $119,700
2016 $6,096 $177,200 $57,500 $119,700
2015 $5,864 $177,200 $57,500 $119,700
2014 $5,495 $177,200 $57,500 $119,700
Source: Public Records

Agents Affiliated with this Home

  • SHANTELL LUCAS

    Seller's Agent in 2022

    SHANTELL LUCAS

    NEW AND MODERN GROUP

    (973) 474-0238

    1 in this area

    25 Total Sales

    SHANTELL LUCAS
    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Craig Ridley

    MONOPOLY MARC REALTY LLC

    (973) 277-0422

    1 in this area

    7 Total Sales

    Craig Ridley
    Section Image

  • C

    Seller's Agent in 2019

    CHARMAINE HALE

    WEICHERT REALTORS - HOME CITY

  • A

    Buyer's Agent in 2019

    ARTURO MARTINEZ

    KELLER WILLIAMS TEAM REALTY

    (973) 253-2800

    20 Total Sales

    ARTURO MARTINEZ
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3779305

Garden State MLS

APN: 14-00633-0000-00009

New Jersey Essex County Newark 07104 Forest Hill

519 Lake St Unit 521, Newark, NJ

This home is located at 519 Lake St Unit 521, Newark, NJ 07104 since 03 May 2022 and is currently estimated at $766,076. This property was built in 1953. 519 Lake St Unit 521 is a home located in Essex County with nearby schools including First Avenue Elementary School, Ridge Street Elementary School, and Rafael Hernandez School.

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