NOT LISTED FOR SALE

53 Cumberland Ave Verona, NJ 07044

Estimated Value: $546,000 - $640,000

3 Beds
1 Bath
-- Sq Ft
5,367 Sq Ft Lot

Last Sold July 27, 2022

Last sale price $535,000

Est. 13% increase in value since last sale

Current estimated payment $4,091/month

22 Days on Market

About This Home

As of July 2022

2/3 Bedroom Colonial in Fantastic Location! Walk to Bloomfield Ave & Verona Park. Close to downtown Montclair. Formal LivRm w/Fireplace, Newer Kitchen, Dining Room, Front Porch! Upstairs are two generous sized bedrooms and updated Full Bath. Off Bedroom is a finished walkup Attic (3rd Bedroom). Nice Deck, Yard & Two Car Garage! Garage being sold as is. Entire fireplace & chimney sold as is. Professional photos will be uploaded on Friday

Last Agent to Sell the Property

Jeffrey Lattimer

Lattimer Realty Listed on: 05/17/2022

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,307

Lot Details

  • 5,367 Sq Ft Lot
  • Lot Dimensions are 37x145
  • Rectangular Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00014 / 01705

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,307

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (973) 226-1717
  • MLS Status: Sold - Sold
  • Directions: Bloomfield Ave to Cumberland Ave
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Primary Bathroom: No
  • Basement Remarks: Unfinished, Laundry and Utilities

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Dimensions: 37x145
  • Lot Size Sq Ft: 5367.0

Tax Info

  • Tax Annual Amount: 10307.0
  • Tax Block: 01705
  • Tax Lot: 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2024
Sold by
Lanza Alexandria and Pena John M
Bought by
Pena John M
Current Estimated Value
$606,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,907
Outstanding Balance
$509,309
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$97,026

Purchase Details

Listed on
May 17, 2022
Closed on
Jul 11, 2022
Sold by
Andolino Peter and Andolino Michael
Bought by
Lanza Alexandria and Pena John M
Seller's Agent
Jeffrey Lattimer
Lattimer Realty
Buyer's Agent
Outside Agent
Outside Office
List Price
$449,900
Sold Price
$535,000
Premium/Discount to List
$85,100
18.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$487,179
Interest Rate
5.7%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 3, 2016
Closed on
Dec 9, 2016
Sold by
Scrudato Thomas and Houlihan David
Bought by
Andolino Peter and Andolino Michael
Seller's Agent
Colleen McMahon
C-21 CREST REAL ESTATE, INC.
Buyer's Agent
Jeffrey Lattimer
LATTIMER REALTY
List Price
$349,900
Sold Price
$320,000
Premium/Discount to List
-$29,900
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
Original Mortgage
$130,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 1998
Sold by
Dougherty Thomas
Bought by
Scrudato Thomas and Houlihan David

Purchase Details

Closed on
Sep 30, 1993
Sold by
Curran Ruth
Bought by
Dougherty Thomas and Dougherty Coleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
6.87%
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
Pena John M -- None Listed On Document
Lanza Alexandria $532,000 Fidelity National Title
Andolino Peter $320,000 Guardian Title
Scrudato Thomas $165,000 --
Dougherty Thomas $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pena John M $517,907
Previous Owner Lanza Alexandria $487,179
Previous Owner Andolino Peter $130,000
Previous Owner Dougherty Thomas $142,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2022 07/27/22 Sold $535,000 +18.9% --
06/08/2022 06/08/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $449,900 +40.6% --
12/09/2016 12/09/16 Sold $320,000 -8.5% -- View Prior Sale
10/20/2016 10/20/16 Pending -- -- --
08/03/2016 08/03/16 For Sale $349,900 -- --
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 $11,020 $359,900 $215,700 $144,200
2024 $11,020 $359,900 $215,700 $144,200
2023 $10,772 $359,900 $215,700 $144,200
2022 $10,772 $359,900 $215,700 $144,200
2021 $10,642 $359,900 $215,700 $144,200
2020 $10,308 $359,900 $215,700 $144,200
2019 $9,969 $359,900 $215,700 $144,200
2018 $9,259 $293,100 $171,700 $121,400
2017 $9,124 $293,100 $171,700 $121,400
2016 $8,978 $293,100 $171,700 $121,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22017866

New Jersey MLS

APN: 20-01705-0000-00014