NOT LISTED FOR SALE

55 Prospect St Nutley, NJ 07110

Estimated Value: $653,000 - $721,000

4 Beds
2 Baths
1,413 Sq Ft
$484/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $550,000 $389 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,588/month

15 Days on Market

Highlights

  • Recreation Room
  • Ranch Style House
  • 1 Car Attached Garage
  • Nutley High School Rated A-
  • Wood Flooring
  • Oversized Parking

About This Home

As of February 2022

Much bigger than it Looks! This spacious Ranch Style home in a great neighborhood features 4 Bedrooms and 2 Full Baths. Sitting on a level lot, this home also features a huge finished basement, providing added flexibility for a Family Room plus an office, workout room, playroom, whatever your needs. There's also a large laundry/utility room and plenty of storage space. The fully fenced backyard has plenty of space for outdoor recreation, gardening and entertaining. If you have a green thumb, the yard gets a wealth of sunlight so you can grow anything you want. The layout is suitable for multiple lifestyles and with a little imagination and TLC could be a very special home for years to come. This home presents a wonderful opportunity to get into a great town, close to NYC transportation, highways, shopping and the taxes are reasonable.

Last Agent to Sell the Property

Kevin Kinney

COMPASS NEW JERSEY LLC Listed on: 12/14/2021

COMPASS NEW JERSEY LLC

Last Buyer's Agent

MARCOS A NUNEZ

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,727

Year Built

  • Built in 1958

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Composition Shingle Roof
  • Vinyl Siding
  • Tile

Interior Spaces

  • Family Room
  • Living Room
  • Recreation Room
  • Utility Room
  • Laundry Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Separate Shower

Outdoor Features

  • Patio

Schools

  • Lincoln Elementary School
  • John H. Walker Middle School
  • Nutley High School

Utilities

  • Central Air
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1616-08801-0000-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,727

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1958
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 55
  • Directions: Harrison to South on Prospect St
  • I D: 5119848
  • Modified: 2023-02-25
  • Number Images: 17
  • First Name: KEVIN
  • First Name3: MARCOS A
  • Last Name: KINNEY
  • Last Name3: NUNEZ
  • Attribution Contact: 973-310-7360
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Vinyl-Linoleum, Wood
  • Appliances: Range/Oven-Gas, Refrigerator, OvnWGas
  • Number Rooms: 6
  • Bedrooms: 4
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially, Full
  • Basement Level Rooms: Family Room, Laundry Room, Rec Room, SeeRem, Utility Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 17x13
  • Kitchen Level: First
  • Living Room Dim: 19x13
  • Living Room Level: First
  • Other Room 1: FamilyRm
  • Other Room1 Dim: 23x19
  • Other Room1 Level: Basement
  • Other Room 2: Rec Room
  • Other Room2 Dim: 17x12
  • Other Room2 Level: Basement
  • Other Room 3: Laundry Room
  • Other Room3 Dim: 20x11
  • Other Room3 Level: Basement
  • Level 1 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Kitchen, Living Room
  • Phone: 973-310-7360

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Patio, FencVnyl
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage, Built-In Garage, Oversize Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: Blacktop, Off-Street Parking

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: LINCOLN
  • Middle School: JOHN H. WALKER
  • High School: NUTLEY
  • High School: NUTLEY
  • Middle Jr High School: JOHN H. WALKER

Lot Info

  • Lot Size: 50X100
  • Assessed Improvement Value: 174200
  • Assessed Land Value: 90000
  • Assessment: 264200
  • Easement: Unknown
  • Lot Description: Level Lot, Open Lot
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9727
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1616-08801-0000-00007-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.682
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: LINCOLN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2021
Closed on
Feb 7, 2022
Sold by
Melson Bruce and Melson Stacey
Bought by
Redacted Upon Request
Seller's Agent
Kevin Kinney
COMPASS NEW JERSEY LLC
Buyer's Agent
MARCOS A NUNEZ
COLDWELL BANKER REALTY
List Price
$500,000
Sold Price
$550,000
Premium/Discount to List
$50,000
10%
Current Estimated Value
$683,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,435
Avg. Annual Appreciation
6.24%
Original Mortgage
$540,038
Outstanding Balance
$502,309
Interest Rate
3.69%
Mortgage Type
FHA
Estimated Equity
$181,126

Purchase Details

Closed on
Mar 29, 2010
Sold by
Marsiano Frank and Marsiano Geraldine
Bought by
Melson Bruce and Melson Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,659
Interest Rate
5.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Redacted Upon Request $550,000 American Land Title
Melson Bruce $347,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redacted Upon Request $540,038
Previous Owner Melson Bruce $340,659
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2022 02/24/22 Sold $550,000 +10.0% $389 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
12/14/2021 12/14/21 For Sale $500,000 -- $354 / 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 $11,414 $443,100 $180,000 $263,100
2024 $11,414 $443,100 $180,000 $263,100
2023 $10,209 $443,100 $180,000 $263,100
2022 $10,209 $264,200 $90,000 $174,200
2021 $10,156 $264,200 $90,000 $174,200
2020 $9,728 $264,200 $90,000 $174,200
2019 $9,532 $264,200 $90,000 $174,200
2018 $9,276 $264,200 $90,000 $174,200
2017 $9,176 $264,200 $90,000 $174,200
2016 $8,904 $264,200 $90,000 $174,200
2015 $8,439 $254,500 $90,000 $164,500
2014 $8,332 $254,500 $90,000 $164,500
Source: Public Records

Agents Affiliated with this Home

  • Kevin Kinney

    Seller's Agent in 2022

    Kevin Kinney

    COMPASS NEW JERSEY LLC

    (973) 214-0170

    2 in this area

    62 Total Sales

    Kevin Kinney
    Section Image

  • M

    Buyer's Agent in 2022

    MARCOS A NUNEZ

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3755883

Garden State MLS

APN: 16-08801-0000-00007

New Jersey Essex County Nutley 07110

55 Prospect St, Nutley, NJ

This home is located at 55 Prospect St, Nutley, NJ 07110 since 14 December 2021 and is currently estimated at $683,435, approximately $483 per square foot. This property was built in 1958. 55 Prospect St is a home located in Essex County with nearby schools including Nutley High School, Good Shepherd Academy, and Maarif School.

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