NOT LISTED FOR SALE

541 Forest Rd Scotch Plains, NJ 07076

Estimated Value: $600,866 - $856,000

4 Beds
2 Baths
2,093 Sq Ft
$359/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $505,000 $241 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,007/month

10 Days on Market

About This Home

As of September 2020

This home is located at 541 Forest Rd, Scotch Plains, NJ 07076 since 18 July 2020 and is currently estimated at $750,967, approximately $358 per square foot. 541 Forest Rd is a home located in Union County with nearby schools including School One Elementary School, Nettingham Middle School, and Scotch Plains-Fanwood High School.

Last Agent to Sell the Property

Deborah Citarella

COLDWELL BANKER REALTY Brokerage Phone: 908-233-0065 Listed on: 07/18/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

VERONICA GIGI KAUFFMAN

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,298

Lot Details

  • 0.35 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,298

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 541
  • I D: 5000016
  • Modified: 2025-07-22
  • Number Images: 1
  • Attribution Contact: 908-233-0065
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 121 X 126 AVG
  • Total Acres: 0.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2020
Closed on
Sep 4, 2020
Sold by
Hall Matthew L and Hall Diana N
Bought by
Gandhi Vikram R and Gandhi Mithila
Seller's Agent
Deborah Citarella
COLDWELL BANKER REALTY
Buyer's Agent
VERONICA GIGI KAUFFMAN
COLDWELL BANKER REALTY
List Price
$500,000
Sold Price
$505,000
Premium/Discount to List
$5,000
1%
Current Estimated Value
$750,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,967
Avg. Annual Appreciation
8.14%
Original Mortgage
$378,750
Outstanding Balance
$303,541
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$447,426

Purchase Details

Listed on
Sep 7, 2016
Closed on
Nov 7, 2016
Sold by
Richard Pease
Bought by
Hall Matthew and Hall Diana
Seller's Agent
Deborah Citarella
COLDWELL BANKER REALTY
Buyer's Agent
PATRICIA ESPUGA
CULTURE ESTATE
List Price
$400,000
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$320,000
Interest Rate
3.54%

Purchase Details

Listed on
Aug 21, 2012
Closed on
Aug 21, 2012
Sold by
Dolanlawrice & Joseph M Exec
Bought by
Pease Richard and Pease Phyllis
Buyer's Agent
Sally Gregory Merrell
COLDWELL BANKER REALTY
Sold Price
$304,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%

Purchase Details

Closed on
Oct 10, 2007
Sold by
Dolan Lawrice C and Checchio Joseph M
Bought by
Checchio Rose T

Purchase Details

Closed on
Jul 22, 2007
Sold by
Checchio Rose T and Estate Of Joseph M Checchio
Bought by
Dolan Lawrice C and Checchio Joseph M
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
Gandhi Vikram R $505,000 Land Quest Title Llc
Hall Matthew -- --
Pease Richard $304,900 --
Checchio Rose T -- None Available
Dolan Lawrice C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gandhi Vikram R $378,750
Previous Owner Hall Matthew $320,000
Previous Owner Hall Matthew --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $505,000 +1.0% $241 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/18/2020 07/18/20 For Sale $500,000 +25.0% $239 / Sq Ft
10/28/2016 10/28/16 Sold $400,000 0.0% $191 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $400,000 +31.2% $191 / Sq Ft
08/21/2012 08/21/12 Sold $304,900 -- $146 / 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 $12,298 $104,500 $30,900 $73,600
2024 $11,935 $104,500 $30,900 $73,600
2023 $11,935 $104,500 $30,900 $73,600
2022 $11,793 $104,500 $30,900 $73,600
2021 $11,773 $104,500 $30,900 $73,600
2020 $11,717 $104,500 $30,900 $73,600
2019 $11,630 $104,500 $30,900 $73,600
2018 $11,434 $104,500 $30,900 $73,600
2017 $11,180 $104,500 $30,900 $73,600
2016 $10,965 $104,500 $30,900 $73,600
2015 $10,785 $104,500 $30,900 $73,600
2014 $10,430 $104,500 $30,900 $73,600
Source: Public Records

Agents Affiliated with this Home

  • Deborah Citarella

    Seller's Agent in 2020

    Deborah Citarella

    COLDWELL BANKER REALTY

    (908) 233-0065

    40 in this area

    139 Total Sales

    Deborah Citarella
    Section Image
  • VERONICA GIGI KAUFFMAN

    Buyer's Agent in 2020

    VERONICA GIGI KAUFFMAN

    COLDWELL BANKER REALTY

    (973) 768-3643

    2 in this area

    30 Total Sales

    VERONICA GIGI KAUFFMAN
    Section Image

  • P

    Buyer's Agent in 2016

    PATRICIA ESPUGA

    CULTURE ESTATE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3649410

Garden State MLS

APN: 16-02201-0000-00041

New Jersey Union County Scotch Plains 07076

541 Forest Rd, Scotch Plains, NJ

This home is located at 541 Forest Rd, Scotch Plains, NJ 07076 since 18 July 2020 and is currently estimated at $750,967, approximately $358 per square foot. 541 Forest Rd is a home located in Union County with nearby schools including School One Elementary School, Nettingham Middle School, and Scotch Plains-Fanwood High School.

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