NOT LISTED FOR SALE

538 Parker St Unit 540 Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $765,264 - $913,000

6 Beds
4 Baths
3,235 Sq Ft
$266/Sq Ft Est. Value

Last Sold March 05, 2021

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

Est. 42% increase in value since last sale

Current estimated payment $5,944/month

90 Days on Market

Highlights

  • Views to the East
  • Deck
  • Fireplace
  • Colonial Architecture
  • Property is near a park
  • En-Suite Primary Bedroom

About This Home

As of March 2021

Welcome to this a 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 Home City Realty Listed on: 09/01/2020

Weichert Home City Realty

Last Buyer's Agent

Julie Corbo

Keller Williams Realty - NJ Metro Group

Keller Williams Realty - NJ Metro Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,417

Lot Details

  • 6,260 Sq Ft Lot
  • Rectangular Lot
  • Historic Home

Home Design

  • Built between 1900 - 1939
  • Colonial Architecture
  • Synthetic Stucco Exterior

Interior Spaces

  • Fireplace
  • Views to the East
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Outdoor Features

  • Deck

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 071400686 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,417

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: Historic
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans
  • Miscellaneous: None, Deck / Patio
  • Views/Exposure: East, Sunrise
  • Year Built: 1900-1939
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 17
  • Fireplace: 2 Fireplaces
  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Primary Bathroom: Y
  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Basement: Finished Basement with full bath & Laundry

Exterior Features

  • Exterior: Fabricated Stucco, Mason/stucco
  • Waterfront: None

Garage/Parking

  • Garage: O/See Remk

Utilities

  • Heating: Gas, Radiators, Steam
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Win/AC

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: ESSEX
  • Locale: 400
  • Lot: 00015
  • Lot Description: Regular
  • Lot Dimensions: 62 x 100
  • Estimated Lot Frontage: 62
  • Estimated Lot Sq Ft: 6260

Tax Info

  • Tax: 9417
  • Assessor Parcel Number: 071400686 00015

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 Home City Realty
Buyer's Agent
Julie Corbo
Keller Williams Realty - NJ Metro Group
List Price
$629,000
Sold Price
$605,000
Premium/Discount to List
-$24,000
-3.82%
Current Estimated Value
$859,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,816
Avg. Annual Appreciation
8.22%
Original Mortgage
$565,250
Outstanding Balance
$512,431
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$336,548

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $200,000
Open Riccardelli Margaret Ann $565,250
Previous Owner Torres Graciano $395,000
Previous Owner Torres Graciano $309,000
Previous Owner Torres Graciano $77,200
Previous Owner Torres Graciano $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $605,000 0.0% $187 / Sq Ft
12/01/2020 12/01/20 Off Market $605,000 -- --
11/30/2020 11/30/20 Pending -- -- --
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: 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
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 Home City Realty

    (973) 420-5317

    8 in this area

    220 Total Sales

    Augusto Verissimo
    Section Image
  • Julie Corbo

    Buyer's Agent in 2021

    Julie Corbo

    Keller Williams Realty - NJ Metro Group

    (973) 650-6190

    2 in this area

    54 Total Sales

    Julie Corbo
    Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 20036363

New Jersey 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 $859,816, approximately $265 per square foot. 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.

Nearby Homes