NOT LISTED FOR SALE

542 Prospect St Maplewood, NJ 07040

Estimated Value: $1,232,000 - $1,452,000

5 Beds
3.5 Baths
3,048 Sq Ft
$435/Sq Ft Est. Value

Last Sold September 12, 2018

Last sale price $905,542 $297 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $8,827/month

8 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • 0.34 Acre Lot
  • Wood Flooring
  • Clinton Elementary School Rated A-
  • Family Room with Fireplace
  • Victorian Architecture

About This Home

As of September 2018

Gorgeous, spacious and delightful classic Victorian home- large lush grounds - 2 master suites- CAC- walk to town, NYC train and schools- the best of everything in beautiful Maplewood! Expansive front yard - open front porch to watch people go by- this home is beautifully appointed with a fully updated large kitchen w/breakfast room- spacious family room w/ custom built-ins- plenty of space to relax- large dining room with cozy window seat - first floor in-law/master suite with new bathroom and access to private entry- large laundry room/mudroom on first floor- super convenient for busy days- second floor has 3 nice bedrooms- hall bath and huge master suite w/sitting room & luxurious large private bath- and walk- in closet completes the suite! CAC- gorgeous private rear yard- Welcome Home!

Last Agent to Sell the Property

SUE MARSH SHIKIAR

WEICHERT REALTORS Listed on: 08/01/2018

Co-Listed By

HEATHER GILHEANY

WEICHERT REALTORS

Last Buyer's Agent

Allison Ziefert

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,358

Lot Details

  • 0.34 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Garage Space

Home Design

  • Victorian Architecture
  • Clapboard
  • Tile

Interior Spaces

  • Blinds
  • Mud Room
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Country Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • In-Law or Guest Suite
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Schools

  • Columbia High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Multiple Heating Units
  • Radiator
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1611-00026-0005-00105-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,358

Lot Details

0.34 Acres

Parking

2

Listing Details

  • Style: Victorian
  • Primary Style: Victorian
  • Subproperty Type: Single Family
  • County Name: Essex
  • Directions: On Prospect Street between Parker and Elmwood
  • I D: 4826767
  • First Name: SUE
  • First Name2: HEATHER
  • First Name3: ALLISON
  • Last Name: MARSH SHIKIAR
  • Last Name2: GILHEANY
  • Last Name3: ZIEFERT
  • Office Phone2: 973-376-4545
  • Office Phone3: 973-310-6816
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Non-Functional, Family Room, Living Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Refrigerator, Washer, Dryer
  • Interior Amenities: Blinds, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 5
  • Master Bedroom Desc: Sitting Room, Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full
  • Basement Level Rooms: Utility Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, SepEnter, Full Bath
  • Kitchen Area: Country Kitchen
  • Kitchen Dim: 11x12
  • Kitchen Level: First
  • Living Room Dim: 11x14
  • Living Room Level: First
  • Other Room 1: SittngRm
  • Other Room1 Dim: 15x15
  • Other Room1 Level: Second
  • Other Room 2: Breakfast
  • Other Room2 Dim: 15x8
  • Other Room2 Level: First
  • Level 1 Rooms: 1 Bedroom, Breakfast Room, Laundry Room, MudRoom, Living Room, Dining Room, Entrance Vestibule, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, SittngRm, Bath Main
  • Phone: 973-376-4545

Exterior Features

  • Exterior Description: Clapboard
  • Exterior Features: Wood Fence, Curbs, Open Porch(es), Privacy Fence, Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Garage Parking, Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Radiators - Steam, Baseboard - Hotwater
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas-Natural
  • Water: Water Charge Extra, Public Water
  • Water Heater: Gas

Schools

  • High School: COLUMBIA

Lot Info

  • Lot Size: 68X215
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.34

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 20358
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1611-00026-0005-00105-0000-
  • Tax Rate Amount: 3.049
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Sep 6, 2018
Sold by
Nelson Jack and Nelson Diane
Bought by
Margetts Oliver D and Nemeiksas Peter E
Seller's Agent
SUE MARSH SHIKIAR
WEICHERT REALTORS
Buyer's Agent
Allison Ziefert
COMPASS NEW JERSEY, LLC
List Price
$850,000
Sold Price
$905,542
Premium/Discount to List
$55,542
6.53%
Current Estimated Value
$1,327,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,510
Avg. Annual Appreciation
5.28%
Original Mortgage
$809,980
Outstanding Balance
$700,604
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$626,448

Purchase Details

Closed on
Mar 31, 2010
Sold by
Horowitz Steven and Roma Catherine
Bought by
Nelson Jack and Mary Lu Nelson E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2004
Sold by
Zafiromitsos Spiro
Bought by
Horowitz Steven and Roma Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,000
Interest Rate
5.39%

Purchase Details

Closed on
Oct 24, 2003
Sold by
542 Prospect Assoc
Bought by
Zafirmitsos Spiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.03%

Purchase Details

Closed on
Mar 26, 2002
Sold by
Carrino Chris
Bought by
Schwartz Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
6.85%

Purchase Details

Closed on
Jun 26, 2000
Sold by
Carew Steven
Bought by
Schwartz Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
8.28%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Margetts Oliver D $900,542 Acres Land Title
Nelson Jack $690,000 Commonwealth Land Title Insu
Horowitz Steven $621,250 --
Zafirmitsos Spiro $345,000 --
Schwartz Dana $540,000 --
Schwartz Dana $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margetts Oliver D $809,980
Previous Owner Nelson Jack $552,000
Previous Owner Horowitz Steven $497,000
Previous Owner Zafirmitsos Spiro $396,000
Previous Owner Schwartz Dana $485,000
Previous Owner Schwartz Dana $318,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2018 09/12/18 Sold $905,542 +6.5% $297 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $850,000 -- $279 / Sq Ft
Source: Garden State MLS

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 $24,144 $1,095,800 $445,000 $650,800
2024 $24,144 $1,095,800 $445,000 $650,800
2022 $23,543 $667,700 $272,700 $395,000
2021 $22,829 $667,700 $272,700 $395,000
2020 $22,181 $667,700 $272,700 $395,000
2019 $21,540 $667,700 $272,700 $395,000
2018 $20,986 $667,700 $272,700 $395,000
2017 $20,358 $667,700 $272,700 $395,000
2016 $23,702 $643,200 $243,500 $399,700
2015 $23,155 $643,200 $243,500 $399,700
2014 $22,666 $643,200 $243,500 $399,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3491757

Garden State MLS

APN: 11-00026-05-00105

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