NOT LISTED FOR SALE

554 Highland Ave Unit 556 Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $675,199 - $829,000

7 Beds
5 Baths
3,125 Sq Ft
$235/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $455,000 $146 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,094/month

142 Days on Market

Highlights

  • Colonial Architecture
  • L-Shaped Dining Room
  • Home Gym
  • High Ceiling
  • Home Office
  • Jogging Path

About This Home

As of March 2021

SPACIOUS COLONIAL HOME W/LOTS OF ROOMS, HARDWOOD FLOORS, CNTR A/C & HEATING SYSTEM AS WELL AS LOTS OF CLOSETS. BASEMENT ACCESS GOOD FOR MOTHER-DAUGHTER SET UP. MASTER BEDROOM W/VIEW WINDOWS, "AS IS". WALKING CLOSET & FULL BATH, FOYER, LIVING ROOM, FORMAL DINING ROOM. LOCATED IN THE DESIRABLE FOREST HILLS DISTRICT OF NEWARK. 5 CARS PARKING DRIVEWAY. CLOSE TO MAJOR PUBLIC TRANSPORTATION, TRAIN STATION, SHOPS, BANKS, RESTAURANTS, PLACE OF WORSHIP AND THE BEAUTIFUL BRANCH BROOK PARK. READY TO MOVE IN!!! SOLD "AS IS". MUST SEE!!! OWNER HOLDS NJ REAL ESTATE LICENSE. SOLD "AS IS".

Last Agent to Sell the Property

MIGUEL A ARIAS

ROSA AGENCY Listed on: 10/12/2020

Last Buyer's Agent

ELIZABETH RODRIGUEZ

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,196

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Privacy Fence
  • Flag Lot

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • High Ceiling
  • Track Lighting
  • Self Contained Fireplace Unit Or Insert
  • Shades
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Formal Dining Room
  • Home Office
  • Library
  • Storage Room
  • Laundry Room
  • Home Gym
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • 5 Full Bathrooms
  • Separate Shower

Finished Basement

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

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 5 Parking Spaces
  • Gravel Driveway
  • Additional Parking

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Elliot Elementary School
  • Ridge St Middle School
  • Technology High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Community Details

  • Jogging Path

Listing and Financial Details

  • Assessor Parcel Number 1614-00741-0000-00021-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,196

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Style: Colonial, Detached, Multi Floor Unit
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1900
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: WASHER, DRYER, REFRIGERATOR NOT INCLUDED BUT ARE NEGOTIABLE
  • Renovated Year: 2011
  • Street Number Display: 554-556
  • Directions: GOOGLE MAPS. BETWEEN HELLER PARKWAY AND ELWOOD AVE. ADJACENT TO BRANCH BROOK PARK. CALL/TEXT KARINA @973-699-4207 FOR SHOWINGS
  • I D: 5023789
  • Modified: 2022-03-31
  • Number Images: 24
  • Section Subdiv Development: FOREST HILLS
  • First Name: MIGUEL A
  • First Name3: ELIZABETH
  • Last Name: ARIAS
  • Last Name3: RODRIGUEZ
  • Pager Number: 862-218-9519
  • Pager Number3: 973-651-7425
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2011

Interior Features

  • Flooring: Laminate, Parquet
  • Fireplace Description: Insert, Living Room, Non-Functional
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Range/Oven-Gas
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Alarm Sys, High Ceilings, Security System, Shades, Smoke Detector, StallShw, Track Lighting, TubShowr, Walk-In Closet
  • Number Rooms: 12
  • Bedrooms: 7
  • Master Bedroom Desc: Dressing Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Exercise Room, Laundry Room, Leisure, Office, Outside Entrance, Storage Room
  • Dining Room Level: First
  • Dining Area: Dining L
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: Third
  • Other Room 2: Bathroom
  • Other Room2 Level: Third
  • Other Room 3: Bedroom
  • Other Room3 Level: Third
  • Other Room 4: Bedroom
  • Other Room4 Level: Third
  • Level 1 Rooms: Bath Main, Den, Dining Room, Foyer, Kitchen, Library, Living Room, Screened
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Leisure
  • Level 3 Rooms: 3 Bedrooms, Bath Main
  • Phone: 973-230-7526

Exterior Features

  • Exterior Description: Aluminum Siding, ConcBrd
  • Exterior Features: Enclosed Porch(es), Open Porch(es), Privacy Fence, Sidewalk, Storm Door(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 5
  • Parking Driveway Description: Additional Parking, Blacktop, Fencing, Gravel

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Jogging/Biking Path
  • Association Maintenance Fee Frequency: Annually

Schools

  • Elementary School: ELLIOT
  • Middle School: RIDGE ST
  • High School: TECHNOLOGY
  • High School: TECHNOLOGY
  • Middle Jr High School: RIDGE ST

Lot Info

  • Lot Size: 50X100
  • Assessed Improvement Value: 225200
  • Assessed Land Value: 72500
  • Assessment: 297700
  • Lot Description: Flag Lot
  • Lot Identifier: 21
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11
  • Zoning: RESIDENTIAL

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11196
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00741-0000-00021-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.761
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: ELLIOT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2024
Sold by
Rolandelli Edward C
Bought by
Martinez Patricia E Vallejo and Martinez Jose L
Current Estimated Value
$734,300

Purchase Details

Listed on
Oct 12, 2020
Closed on
Mar 19, 2021
Sold by
Shalom Properties Llc
Bought by
Rolandelli Edward C and Vallejo Martinez Patricia
Seller's Agent
MIGUEL A ARIAS
ROSA AGENCY
Buyer's Agent
ELIZABETH RODRIGUEZ
EXP REALTY, LLC
List Price
$475,000
Sold Price
$455,000
Premium/Discount to List
-$20,000
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%
Original Mortgage
$446,758
Interest Rate
3.05%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 2014
Sold by
Divine Investments L
Bought by
Shalom Properties Ll

Purchase Details

Closed on
Mar 16, 2011
Sold by
Hsbc Bank Usa National Association
Bought by
Divine Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,600
Interest Rate
4.76%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 25, 2010
Sold by
Elqumos Carmen
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jul 19, 2006
Sold by
Rivera Javiel
Bought by
Elqumos Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.7%

Purchase Details

Closed on
Apr 25, 1997
Sold by
Arroyo Victor
Bought by
Rivera Javiel and Rivera Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.77%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 1995
Sold by
Rodola Samuel
Bought by
Arroyo Victor and Arroyo Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7.8%
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
Martinez Patricia E Vallejo -- Foundation Title
Rolandelli Edward C $455,000 Foundation Title Llc
Shalom Properties Ll -- --
Divine Investments Llc $165,000 Multiple
Hsbc Bank Usa National Association -- None Available
Elqumos Carmen $500,000 --
Rivera Javiel $155,000 --
Arroyo Victor $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rolandelli Edward C $446,758
Previous Owner Divine Investments Llc $138,600
Previous Owner Elqumos Carmen $400,000
Previous Owner Rivera Javiel $153,000
Previous Owner Arroyo Victor $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $455,000 -4.2% $146 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
10/12/2020 10/12/20 For Sale $475,000 -- $152 / 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 $14,409 $386,500 $72,500 $314,000
2024 $14,409 $386,500 $72,500 $314,000
2022 $14,440 $386,500 $72,500 $314,000
2021 $11,116 $297,700 $72,500 $225,200
2020 $11,313 $297,700 $72,500 $225,200
2019 $11,197 $297,700 $72,500 $225,200
2018 $10,994 $297,700 $72,500 $225,200
2017 $10,598 $297,700 $72,500 $225,200
2016 $10,241 $297,700 $72,500 $225,200
2015 $11,174 $337,700 $72,500 $265,200
2014 $10,472 $337,700 $72,500 $265,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3671336

Garden State MLS

APN: 14-00741-0000-00021