NOT LISTED FOR SALE

555 Berkeley Ave South Orange, NJ 07079

Estimated Value: $2,086,000 - $3,057,000

9 Beds
7 Baths
8,363 Sq Ft
$279/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $550,000 $66 Per Sq Ft

Est. 310% increase in value since last sale

Current estimated payment $16,207/month

69 Days on Market

Highlights

  • Colonial Architecture
  • Living Room with Fireplace
  • Eat-In Kitchen
  • Marshall Elementary School Rated A-

About This Home

As of August 2018

House needs significant repair or replacement to roof, windows, furnace and plumbing. Significant water damage. No permits obtained for electrical work.Collapsed rear exterior and garage from tree . House has great potential but needs significant improvements to exterior and interior of building. Windows needs to comply with historic guideline. Mold, asbestos and pest infestation. Need to remove two large trees on lot. The property has shared driveway.

Last Agent to Sell the Property

CRAIG SAWYER

PRIVATE CLIENT ADVISORS LP Listed on: 05/15/2018

Last Buyer's Agent

ELISA GILL

PRIVATE CLIENT ADVISORS LP

Home Details

Home Type

  • Single Family

Lot Details

  • 0.79 Acre Lot

Parking

  • 3 Car Garage
  • Gravel Driveway
  • Shared Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • Living Room with Fireplace
  • 2 Fireplaces
  • Library with Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 9 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Listing and Financial Details

  • Assessor Parcel Number 1619-00503-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • County Name: Essex
  • Easements Description: driveway
  • Exclusions: Chandelier in foyer
  • Street Number Display: 555
  • Directions: Scotland Avenue to Montrose
  • I D: 4804488
  • Modified: 2021-09-23
  • Number Images: 10
  • First Name: CRAIG
  • First Name3: ELISA
  • Last Name: SAWYER
  • Last Name3: GILL
  • Office Phone3: 201-490-8777
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Library, Living Room
  • Number of Fireplaces: 2
  • Appliances: OvnWGas, CookGas, Sump Pump
  • Number Rooms: 16
  • Bedrooms: 9
  • Bathrooms: 4.30
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Kitchen Area: Eat-In Kitchen, Separate Dining Area
  • Phone: 201-965-8954

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Slate

Garage/Parking

  • Number Garage Spaces: 3
  • Parking Driveway Description: Gravel, Driveway-Shared

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: .787 AC
  • Assessed Improvement Value: 896700
  • Assessed Land Value: 373500
  • Assessment: 1270200
  • Easement: Yes
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.79

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 39020
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1619-00503-0000-00004-0000-
  • Tax Rate Amount: 3.072
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Aug 30, 2018
Sold by
Clomax John H
Bought by
555 Berkeley Ave Llc
Seller's Agent
CRAIG SAWYER
PRIVATE CLIENT ADVISORS LP
Buyer's Agent
ELISA GILL
PRIVATE CLIENT ADVISORS LP
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$2,256,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,706,911
Avg. Annual Appreciation
23.18%
Original Mortgage
$723,855
Interest Rate
4.6%

Purchase Details

Closed on
Jan 21, 1998
Sold by
Stanton Sandra
Bought by
Clomax John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.03%

Purchase Details

Closed on
Dec 30, 1991
Sold by
Stanton Stanton J and Stanton James E
Bought by
Stanton Stanton J and Stanton James E
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
555 Berkeley Ave Llc $550,000 Cornerstone Title
Clomax John $470,000 --
Stanton Stanton J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 555 Berkley Ave Llc $129,000
Open 555 Berkeley Ave Llc $1,150,000
Closed Amida Special Opportunity Investments Llc $850,000
Previous Owner 555 Berkley Ave Llc $723,855
Previous Owner Clomax John H $975,000
Previous Owner Clomax John H $125,000
Previous Owner Clomax John H $960,000
Previous Owner Clomax John $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $550,000 0.0% $66 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $550,000 -- $66 / 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 $46,197 $2,003,600 $574,300 $1,429,300
2024 $46,197 $2,003,600 $574,300 $1,429,300
2022 $44,546 $1,270,200 $373,500 $896,700
2021 $42,996 $1,270,200 $373,500 $896,700
2020 $41,663 $1,270,200 $373,500 $896,700
2019 $40,621 $1,270,200 $373,500 $896,700
2018 $40,011 $1,270,200 $373,500 $896,700
2017 $39,021 $1,270,200 $373,500 $896,700
2016 $44,137 $1,153,000 $296,800 $856,200
2015 $43,111 $1,153,000 $296,800 $856,200
2014 $42,211 $1,153,000 $296,800 $856,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    CRAIG SAWYER

    PRIVATE CLIENT ADVISORS LP

  • E

    Buyer's Agent in 2018

    ELISA GILL

    PRIVATE CLIENT ADVISORS LP

See All Agents

Map

Source: Garden State MLS

MLS Number: 3470894

Garden State MLS

APN: 19-00503-0000-00004

New Jersey Essex County South Orange 07050

555 Berkeley Ave, South Orange, NJ

This home is located at 555 Berkeley Ave, South Orange, NJ 07079 since 15 May 2018 and is currently estimated at $2,337,447, approximately $279 per square foot. 555 Berkeley Ave is a home located in Essex County with nearby schools including Marshall Elementary School, South Orange Middle School, and Columbia Senior High School.

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