NOT LISTED FOR SALE

538 Parker St Unit 540 Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $813,940 - $914,000

6 Beds
4 Baths
3,235 Sq Ft
$269/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $605,000 $187 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,774/month

59 Days on Market

Highlights

  • Heated Above Ground Pool
  • Deck
  • Wood Flooring
  • Colonial Architecture
  • Recreation Room
  • Sun or Florida Room

About This Home

As of February 2021

Welcome to this Amazing home located in the desirable historic district of Forest Hill, just a few blocks from Branch Brook Park. Featuring 6 bedrooms, 3 studio rooms, 4 full bathrooms and a fully finished basement with a complete bathroom. Beautiful hardwood floors lead to every floor on this charming home. The outside is just as splendid with a heated pool in the back featuring a deck, marvelous landscaped front and back patios, newer red slate roof and a security system. This history abundant property has remained with the same owners for 50 years and it is a definite must see!

Last Agent to Sell the Property

Augusto Verissimo

WEICHERT REALTORS - HOME CITY Listed on: 09/01/2020

WEICHERT REALTORS - HOME CITY

Last Buyer's Agent

CAROLE LEFLORE

COMPASS NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,417

Year Built

  • Built in 1927

Lot Details

  • 62 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Level Lot
  • Historic Home

Parking

  • 4 Parking Spaces

Home Design

  • Colonial Architecture
  • Slate Roof

Interior Spaces

  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Game Room
  • Sun or Florida Room
  • Utility Room
  • Laundry Room
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • 4 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Heated Above Ground Pool
  • Deck
  • Patio

Utilities

  • Window Unit Cooling System
  • Radiator
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1614-00686-0000-00015-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,417

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1927
  • Year Built Description: Historical
  • County Name: Essex
  • Street Number Display: 538-540
  • Directions: Lake St to Delavan Ave E. to Parker St or Lake to Ballantine Pwky to Parker St.
  • I D: 5013022
  • Modified: 2022-02-27
  • Number Images: 23
  • Section Subdiv Development: Forest Hill
  • First Name: AUGUSTO
  • First Name3: CAROLE
  • Last Name: VERISSIMO
  • Last Name3: LEFLORE
  • Office Phone: 973-741-3000
  • Office Phone3: 973-310-7630
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Family Room, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas
  • Number Rooms: 17
  • Bedrooms: 6
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Bath(s) Other, Family Room, GameRoom, Laundry Room, Outside Entrance, Rec Room, Utility Room
  • Dining Room Level: First
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen, Pantry, Separate Dining Area
  • Kitchen Dim: 24x14
  • Kitchen Level: First
  • Living Room Dim: 14x18
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: Third
  • Other Room 2: Bedroom
  • Other Room2 Level: Third
  • Other Room 3: Bedroom
  • Other Room3 Level: Third
  • Other Room 4: Bathroom
  • Other Room4 Level: Third
  • Level 1 Rooms: Bath(s) Other, Den, Dining Room, Florida/3Season, Kitchen, Living Room, Pantry
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 3 Bedrooms, Bath Main
  • Phone: 973-741-3000

Exterior Features

  • Exterior Description: Stucco
  • Exterior Features: Barbeque, Deck, Metal Fence, Patio, Privacy Fence
  • Pool: Yes
  • Pool Description: Above Ground, Heated
  • Roof Description: Slate

Garage/Parking

  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 62.6X100
  • Assessed Improvement Value: 188400
  • Assessed Land Value: 62000
  • Assessment: 250400
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 15
  • 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: 9417
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00686-0000-00015-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.761
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Feb 26, 2021
Sold by
Torres Dulce and Torres Harold
Bought by
Riccardelli Margaret Ann and Osterman Kurt Richard
Seller's Agent
Augusto Verissimo
WEICHERT REALTORS - HOME CITY
Buyer's Agent
CAROLE LEFLORE
COMPASS NEW JERSEY LLC
List Price
$629,000
Sold Price
$605,000
Premium/Discount to List
-$24,000
-3.82%
Current Estimated Value
$871,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,485
Avg. Annual Appreciation
8.18%
Original Mortgage
$565,250
Outstanding Balance
$506,707
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$364,778

Purchase Details

Closed on
Mar 13, 2012
Sold by
Torres Dulce
Bought by
Torres Dulce and Torres Esther

Purchase Details

Closed on
Dec 7, 2010
Sold by
Torres Graciano and Torres Esther
Bought by
Torres Dulce

Purchase Details

Closed on
Feb 26, 2009
Sold by
Torres Graciano and Torres Esther
Bought by
Torres Graciano and Torres Esther

Purchase Details

Closed on
May 18, 1993
Sold by
Torres Harold and Torres Dulce M
Bought by
Torres Graciano and Torres Esther
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
Riccardelli Margaret Ann $605,000 Evident Title Agency Inc
Torres Dulce -- None Available
Torres Dulce -- None Available
Torres Graciano -- None Available
Torres Graciano -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riccardelli Margaret Ann $565,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $605,000 0.0% $187 / Sq Ft
12/02/2020 12/02/20 Off Market $605,000 -- --
11/18/2020 11/18/20 For Sale $629,000 0.0% $194 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $629,000 -- $194 / 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 $13,842 $300,000 $62,000 $238,000
2024 $13,842 $371,300 $62,000 $309,300
2022 $13,872 $371,300 $62,000 $309,300
2021 $9,350 $250,400 $62,000 $188,400
2020 $9,515 $250,400 $62,000 $188,400
2019 $9,418 $250,400 $62,000 $188,400
2018 $9,247 $250,400 $62,000 $188,400
2017 $8,914 $250,400 $62,000 $188,400
2016 $8,614 $250,400 $62,000 $188,400
2015 $8,286 $250,400 $62,000 $188,400
2014 $7,765 $250,400 $62,000 $188,400
Source: Public Records

Agents Affiliated with this Home

  • Augusto Verissimo

    Seller's Agent in 2021

    Augusto Verissimo

    WEICHERT REALTORS - HOME CITY

    (973) 420-5317

    8 in this area

    209 Total Sales

    Augusto Verissimo
    Section Image

  • C

    Buyer's Agent in 2021

    CAROLE LEFLORE

    COMPASS NEW JERSEY LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3660935

Garden State MLS

APN: 14-00686-0000-00015

New Jersey Essex County Newark 07104 Forest Hill

538 Parker St Unit 540, Newark, NJ

This home is located at 538 Parker St Unit 540, Newark, NJ 07104 since 01 September 2020 and is currently estimated at $871,485, approximately $269 per square foot. This property was built in 1927. 538 Parker St Unit 540 is a home located in Essex County with nearby schools including Ridge Street Elementary School, Elliott Street Elementary School, and Rafael Hernandez School.

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