NOT LISTED FOR SALE

540 Forest St Orange, NJ 07050

Estimated Value: $537,000 - $672,167

3 Beds
2 Baths
1,340 Sq Ft
$451/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $360,000 $269 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,483/month

16 Days on Market

Highlights

  • Colonial Architecture
  • 3-minute walk to Highland Avenue
  • Vinyl Flooring
  • Deck
  • Storage Room

About This Home

As of December 2020

Welcome home to this updated Colonial home in the burgeoning Valley Arts section of Orange. This open concept, 3 bed, 2 bath home with a lovely deck, beautiful backyard, and 3-4 car driveway is waiting for you. Minutes from Seton Hall University and Seton Hall Prep and just blocks from access to GSP and Route 280, as well as 3 minutes to the NYC train. Contemporary luxury living!

Last Agent to Sell the Property

Koa Thomas

EXP REALTY, LLC Listed on: 10/29/2020

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,170

Year Built

  • Built in 1879 | Remodeled

Lot Details

  • 4,356

Parking

  • 4 Parking Spaces

Home Design

  • Colonial Architecture
  • Bi-Level Home
  • Vinyl Siding

Interior Spaces

  • 1,340 Sq Ft Home
  • Storage Room
  • Vinyl Flooring
  • Crawl Space
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Schools

  • Forest St Elementary School

Utilities

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

Additional Features

  • Deck
  • 4,356 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 1617-05105-0000-00002-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,170

Year Built

Built in 1879 | Remodeled

Lot Details

0

Listing Details

  • Style: Colonial, Bi-Level
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1879
  • Year Built Description: Renovated
  • County Name: Essex
  • Exclusions: Washer and Dryer. Sellers personal belongings
  • Renovated Year: 2020
  • Street Number Display: 540
  • Directions: See Google Maps
  • I D: 5017980
  • Modified: 2021-12-17
  • Number Images: 16
  • First Name: KOA
  • First Name3: UNKNOWN
  • Last Name: THOMAS
  • Last Name3: AGENT
  • Office Phone: 866-201-6210
  • Office Phone3: 973-555-5555
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Flooring: Vinyl-Linoleum
  • Appliances: Carbon Monoxide Detector, CookGas, Refrigerator
  • Number Rooms: 5
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Crawl Space
  • Basement Level Rooms: Storage Room
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: Bath Main, Kitchen, LivDinRm
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Estimated Sq Ft: 1340
  • Phone: 866-201-6210

Exterior Features

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

Garage/Parking

  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: FOREST ST

Lot Info

  • Lot Size: 60X76
  • Assessed Improvement Value: 59900
  • Assessed Land Value: 56200
  • Assessment: 116100
  • Easement: Unknown
  • Lot Identifier: 2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.10

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: 6170
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1617-05105-0000-00002-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 5.315
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: FOREST ST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Dec 16, 2020
Sold by
Stewart Leonard
Bought by
Public Service Electric Corporation
Seller's Agent
Koa Thomas
EXP REALTY, LLC
List Price
$325,000
Sold Price
$360,000
Premium/Discount to List
$35,000
10.77%
Current Estimated Value
$604,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,584
Avg. Annual Appreciation
9.02%

Purchase Details

Listed on
Oct 29, 2020
Closed on
Dec 9, 2020
Sold by
Leonard Stewart
Bought by
Public Service Electric And Gas Company
Seller's Agent
Koa Thomas
EXP REALTY, LLC
List Price
$325,000
Sold Price
$360,000
Premium/Discount to List
$35,000
10.77%

Purchase Details

Listed on
Mar 4, 2015
Closed on
Feb 26, 2015
Sold by
Garib Anthony
Bought by
Stewart Leonard
Seller's Agent
STEVEN LARTIGA
NENO-ROSA AGENCY
Buyer's Agent
Carolyn Naraine
BHHS FOX & ROACH
Sold Price
$127,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.72%

Purchase Details

Listed on
Nov 1, 2013
Closed on
Oct 2, 2013
Sold by
Federal National Mor
Bought by
Garib Anthony
Seller's Agent
Manuel Couto
NENO-ROSA AGENCY
Buyer's Agent
STEVEN LARTIGA
NENO-ROSA AGENCY
Sold Price
$31,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
181.38%

Purchase Details

Closed on
Jun 10, 2013
Sold by
Sheriff Armando Fontoura
Bought by
Federal National Mortgage Assoc
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
Public Service Electric Corporation $360,000 Ensure Title
Public Service Electric And Gas Company $360,000 Stewart Title
Public Service Electric Corporation $360,000 Stewart Title
Stewart Leonard $130,000 --
Garib Anthony $31,750 --
Garib Anthony $31,800 --
Federal National Mortgage Assoc $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stewart Leonard $181,000
Previous Owner Stewart Leonard $136,000
Previous Owner Gbadebo Moses $256,500
Previous Owner Gbadebo Moses $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $360,000 +10.8% $269 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $325,000 +155.9% $243 / Sq Ft
03/04/2015 03/04/15 Sold $127,000 +300.0% $101 / Sq Ft
11/01/2013 11/01/13 Sold $31,750 -- $25 / 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 $3,127 $83,900 $83,900 --
2024 $3,127 $83,900 $83,900 $0
2022 $7,674 $221,400 $83,900 $137,500
2021 $6,711 $116,100 $56,200 $59,900
2020 $6,510 $116,100 $56,200 $59,900
2019 $6,171 $116,100 $56,200 $59,900
2018 $6,072 $116,100 $56,200 $59,900
2017 $5,654 $116,100 $56,200 $59,900
2016 $3,483 $72,900 $56,200 $16,700
2015 $3,392 $72,900 $56,200 $16,700
2014 $3,243 $72,900 $56,200 $16,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3675161

Garden State MLS

APN: 17-05105-0000-00002