NOT LISTED FOR SALE

554 Prospect St Nutley, NJ 07110

Estimated Value: $1,078,846 - $1,217,000

5 Beds
2.5 Baths
-- Sq Ft
0.26 Acres

Last Sold January 07, 2022

Last sale price $850,000

Est. 34% increase in value since last sale

Current estimated payment $7,608/month

26 Days on Market

Highlights

  • Colonial Architecture
  • Cathedral Ceiling
  • Wine Refrigerator
  • Nutley High School Rated A-
  • Wood Flooring
  • Home Gym

About This Home

As of January 2022

Elegant colonial rich in character and architectural detail. Gorgeous wrap around porch leads to the LR w/gasfrpl large DR w/pocket doors and stained glass window. Grand gourmet EIK with 9 ft island, cathedral ceilings, 2 sinks, 2 dishwashers, double ovens, wine refrig. granite counters and more. Walk-in pantry and half bath. 2nd. fl. features 4 large bdrms, access to veranda and large bath w/soaking tub, sep shower, double sinks. 3rd. fl. primary suite, new renovated bath wlarge marble shower, double sinks and heated flrs. walk-in closet and new laundry room. Beautiful renovated family room w/dry bar in the basement, laundry, utilities and additional room used as a gym. Newer 2 car garage w/walk-up stairs to loft storage. Paver driveway and walk way, lovely landscaping. Close to shops, parks, restaurants.

Last Agent to Sell the Property

SANDRA TOLVE

COLDWELL BANKER REALTY Listed on: 09/07/2021

Last Buyer's Agent

Eric DeSilva

EXP REALTY, LLC

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,712

Year Built

  • Built in 1902

Lot Details

  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Paver Block

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Composition Shingle
  • Clapboard
  • Tile

Interior Spaces

  • Dry Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Home Gym
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on third floor
  • Walk-In Closet
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • French Drain

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Separate Outdoor Workshop
  • Porch

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Radiator
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1616-03000-0000-00004-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,712

Year Built

Built in 1902

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1902
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: Franklin Ave. to Vreeland Ave. to Prospect Street
  • I D: 5101055
  • First Name: SANDRA
  • First Name3: ERIC
  • Last Name: TOLVE
  • Last Name3: DESILVA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Fireplace Description: Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, Self Cleaning Oven, Sump Pump, OvnWGas, Washer, WineRefr
  • Interior Amenities: Bar-Dry, Carbon Monoxide Detector, Cathedral Ceiling, Fire Alarm Sys, Security System, Smoke Detector, SoakTub, Walk-In Closet
  • Bedrooms: 5
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Third
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, French Drain, Walkout
  • Basement Level Rooms: Exercise Room, Family Room, Laundry Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: Basement
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: Second
  • Other Room 2: Exercise Room
  • Other Room2 Level: Basement
  • Other Room 3: Laundry Room
  • Other Room3 Level: Third
  • Other Room 4: Laundry Room
  • Other Room4 Level: Basement
  • Level 1 Rooms: Bath(s) Other, Dining Room, Kitchen, Living Room, Pantry, Porch
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Porch
  • Level 3 Rooms: 1 Bedroom, Bath Main, Laundry Room, Storage Room
  • Phone: 973-778-4500

Exterior Features

  • Exterior Description: Clapboard, Composition Shingle, Vinyl Siding
  • Exterior Features: Open Porch(es), Sidewalk, Thermal Windows/Doors, Underground Lawn Sprinkler, FencVnyl, Workshop
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage, Garage Door Opener, Loft Storage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 10
  • Parking Driveway Description: 2 Car Width, Paver Block

Utilities

  • Cooling: 3 Units, Attic Fan, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 88X129 IRR
  • Lot I D Tax: *
  • Lot Size Tax: *

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 21712
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1616-03000-0000-00004-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.682
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: SPRING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Jan 5, 2022
Sold by
Ann Genitempo and Ann Jo
Bought by
Griffith John K and Griffith Lauren
Seller's Agent
SANDRA TOLVE
COLDWELL BANKER REALTY
Buyer's Agent
Eric DeSilva
EXP REALTY, LLC
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Current Estimated Value
$1,135,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,712
Avg. Annual Appreciation
7.42%
Original Mortgage
$450,000
Outstanding Balance
$414,731
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$720,981

Purchase Details

Closed on
Aug 9, 2002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.58%

Purchase Details

Closed on
Jul 30, 2002
Sold by
Hannon Edward
Bought by
Genitempo Alan and Genitempo Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.58%

Purchase Details

Closed on
Mar 13, 2002
Sold by
Hannon Barbara Anne
Bought by
Hannon Edward
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Griffith John K $850,000 Patore Alex A
-- -- --
Genitempo Alan $625,000 --
Hannon Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffith John K $450,000
Previous Owner Genitempo Alan $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2022 01/07/22 Sold $850,000 -5.5% --
10/13/2021 10/13/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $899,000 -- --
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 $20,459 $794,200 $278,000 $516,200
2024 $20,459 $794,200 $278,000 $516,200
2022 $22,786 $589,700 $216,300 $373,400
2021 $22,668 $589,700 $216,300 $373,400
2020 $21,713 $589,700 $216,300 $373,400
2019 $21,276 $589,700 $216,300 $373,400
2018 $20,704 $589,700 $216,300 $373,400
2017 $20,480 $589,700 $216,300 $373,400
2016 $19,873 $589,700 $216,300 $373,400
2015 $19,554 $589,700 $216,300 $373,400
2014 $19,307 $589,700 $216,300 $373,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3738952

Garden State MLS

APN: 16-03000-0000-00004