NOT LISTED FOR SALE

54 Derwent Ave Verona, NJ 07044

Estimated Value: $454,000 - $570,755

2 Beds
1 Bath
980 Sq Ft
$522/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $350,000 $357 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,497/month

68 Days on Market

Highlights

  • Colonial Architecture
  • Formal Dining Room
  • Living Room
  • Verona High School Rated A-
  • Butlers Pantry

About This Home

As of January 2022

FRESHLY PAINTED OUTSIDE AND INSIDE. MASTER BEDROOM HAS HUGE WALK IN CLOSET AND SECOND BEDROOM , KITCHEN WITH QUARTZ COUNTER TOPS AND STAINLESS STEEL APPLIANCES. ENCLOSED FRONT PORCH, AND NICE DECK IN THE BACK. READY TO MOVE IN. GREAT LOCATION TO PARK AND STORES.

Last Agent to Sell the Property

LEWIS LOCKWARD

FALLIVENE AGENCY INC. Listed on: 08/05/2020

Last Buyer's Agent

LEWIS LOCKWARD

FALLIVENE AGENCY INC. Listed on: 08/05/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,462

Lot Details

  • 0.36 Acre Lot

Parking

  • 2 Parking Spaces

Home Design

  • Colonial Architecture
  • Clapboard

Interior Spaces

  • Living Room
  • Formal Dining Room
  • Carbon Monoxide Detectors
  • Unfinished Basement

Kitchen

  • Butlers Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1620-01703-0000-00033-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,462

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 9999
  • County Name: Essex
  • Street Number Display: 54
  • Directions: BLOOMFIELD AVE. TO CLAREMONT AVE. TO DERWENT AVE OR LINDEN AVE TO DERWENT AVE.
  • I D: 5005502
  • Modified: 2023-01-26
  • Number Images: 14
  • First Name: LEWIS
  • First Name3: LEWIS
  • Last Name: LOCKWARD
  • Last Name3: LOCKWARD
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Number Rooms: 5
  • Bedrooms: 2
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: First
  • Kitchen Area: Pantry
  • Kitchen Dim: 9x9
  • Kitchen Level: First
  • Living Room Dim: 17x12
  • Living Room Level: First
  • Level 1 Rooms: Dining Room, Kitchen, Living Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main
  • Phone: 973-882-1117

Exterior Features

  • Exterior Description: Clapboard
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: Wall A/C Unit(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 50X312
  • Assessed Improvement Value: 122200
  • Assessed Land Value: 219400
  • Assessment: 341600
  • Easement: Unknown
  • Lot Identifier: 33
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.36

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9462
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1620-01703-0000-00033-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.770
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2010
Sold by
Covello Bryna and Covello Francis
Bought by
Covello Bryna and Covello Frank
Current Estimated Value
$511,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,156
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 2003
Sold by
Catanzarite Joseph
Bought by
Covello Frank and Bartlett Bryna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,112
Interest Rate
6.15%

Purchase Details

Closed on
Feb 26, 2003
Sold by
Elkins Ronald
Bought by
Catanzarite Jospeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,704
Interest Rate
5.94%

Purchase Details

Closed on
Sep 14, 1994
Sold by
Lodato Richard
Bought by
Elkins Ronald and Elkins Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
8.56%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Covello Bryna -- Multiple
Covello Frank $293,500 --
Catanzarite Jospeh $268,704 --
Elkins Ronald $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calabrese Robert V $185,315
Closed Covello Bryna $77,215
Closed Covello Bryna $291,156
Previous Owner Covello Frank $268,112
Previous Owner Catanzarite Jospeh $138,704
Previous Owner Elkins Ronald $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2022 01/25/22 Sold $350,000 -20.3% $357 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $439,000 -- $448 / 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 $9,259 $509,000 $219,400 $289,600
2024 $9,259 $509,000 $219,400 $289,600
2023 $10,224 $302,400 $219,400 $83,000
2022 $10,224 $341,600 $219,400 $122,200
2021 $10,101 $341,600 $219,400 $122,200
2020 $9,783 $341,600 $219,400 $122,200
2019 $9,462 $341,600 $219,400 $122,200
2018 $8,627 $273,100 $183,000 $90,100
2017 $8,502 $273,100 $183,000 $90,100
2016 $8,365 $273,100 $183,000 $90,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    LEWIS LOCKWARD

    FALLIVENE AGENCY INC.

See All Agents

Map

Source: Garden State MLS

MLS Number: 3654179

Garden State MLS

APN: 20-01703-0000-00033

New Jersey Essex County Verona 07044

54 Derwent Ave, Verona, NJ

This home is located at 54 Derwent Ave, Verona, NJ 07044 since 05 August 2020 and is currently estimated at $511,439, approximately $521 per square foot. 54 Derwent Ave is a home located in Essex County with nearby schools including F.N. Brown School, Henry B. Whitehorne Middle School, and Verona High School.

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