NOT LISTED FOR SALE

550 Park St Montclair, NJ 07043

Estimated Value: $3,265,000 - $3,925,000

6 Beds
5 Baths
6,742 Sq Ft
$538/Sq Ft Est. Value

Last Sold May 16, 2025

Last sale price $3,800,000 $564 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $25,805/month

About This Home

As of May 2025

This home is located at 550 Park St, Montclair, NJ 07043 since 16 May 2025 and is currently estimated at $3,630,218, approximately $538 per square foot. This property was built in 1917. 550 Park St is a home located in Essex County with nearby schools including Bradford School, Hillside School, and Nishuane School.

Last Agent to Sell the Property

Tamima Friedman

KELLER WILLIAMS - NJ METRO GROUP Brokerage Phone: 973-783-7400 Listed on: 05/16/2025

KELLER WILLIAMS - NJ METRO GROUP

Last Buyer's Agent

Dana Farber-schwern

COMPASS NEW JERSEY LLC

COMPASS NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1917

Lot Details

  • 1.41

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Year Built: 1917
  • County Name: Essex
  • I D: 5358545
  • Attribution Contact: 973-783-7400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 200X307 IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2025
Closed on
May 9, 2025
Sold by
Giles Laura M and Giles Walter K
Bought by
Tarulli Michael P and Tarulli Tera B
Seller's Agent
Tamima Friedman
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
Dana Farber-schwern
COMPASS NEW JERSEY LLC
List Price
$3,800,000
Sold Price
$3,800,000
Views
3
Current Estimated Value
$3,630,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$169,782
Avg. Annual Appreciation
-6.89%
Original Mortgage
$2,850,000
Outstanding Balance
$2,838,845
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$791,373

Purchase Details

Closed on
Jul 1, 2013
Sold by
Giles Walter
Bought by
Giles Laura M

Purchase Details

Closed on
Aug 11, 2008
Sold by
Egan George W and Egan Judith B
Bought by
Giles Walter and Giles Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 1991
Sold by
Esposito August and Esposito Nancy
Bought by
Egan George and Egan Judith
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Tarulli Michael P $3,800,000 Evident Title
Giles Laura M -- --
Giles Laura M -- --
Giles Walter $2,389,115 None Available
Egan George $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tarulli Michael P $2,850,000
Previous Owner Giles Walter $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2025 05/16/25 Sold $3,800,000 0.0% $564 / Sq Ft
05/16/2025 05/16/25 For Sale $3,800,000 -- $564 / 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 $82,097 $2,428,900 $492,700 $1,936,200
2024 $82,097 $2,428,900 $492,700 $1,936,200
2022 $79,862 $2,428,900 $492,700 $1,936,200
2021 $78,478 $2,428,900 $492,700 $1,936,200
2020 $77,215 $2,428,900 $492,700 $1,936,200
2019 $76,413 $2,428,900 $492,700 $1,936,200
2018 $75,150 $2,428,900 $492,700 $1,936,200
2017 $76,069 $2,037,200 $549,000 $1,488,200
2016 $73,269 $2,016,200 $549,000 $1,467,200
2015 $71,091 $2,016,200 $549,000 $1,467,200
2014 $68,712 $2,016,200 $549,000 $1,467,200
Source: Public Records

Agents Affiliated with this Home

  • Tamima Friedman

    Seller's Agent in 2025

    Tamima Friedman

    KELLER WILLIAMS - NJ METRO GROUP

    (201) 306-0267

    35 in this area

    173 Total Sales

    Tamima Friedman
    Section Image

  • D

    Buyer's Agent in 2025

    Dana Farber-schwern

    COMPASS NEW JERSEY LLC

    (201) 657-5201

    88 in this area

    252 Total Sales

    Dana Farber-schwern
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3963622

Garden State MLS

APN: 13-02801-0000-00020

New Jersey Essex County Montclair 07043

550 Park St, Montclair, NJ

Not Listed for Sale

Detached

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