NOT LISTED FOR SALE

57 Drake Ave Rockaway, NJ 07866

Estimated Value: $545,000 - $628,250

5 Beds
3 Baths
1,588 Sq Ft
$365/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $290,000 $183 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,038/month

About This Home

As of November 2014

This home is located at 57 Drake Ave, Rockaway, NJ 07866 since 21 November 2014 and is currently estimated at $579,063, approximately $364 per square foot. This property was built in 1941. 57 Drake Ave is a home located in Morris County with nearby schools including Lincoln Elementary School, Thomas Jefferson Middle School, and Divine Mercy Academy.

Last Agent to Sell the Property

Andrea Martone

REALTY EXECUTIVES PLATINUM Brokerage Phone: 973-335-4600 Listed on: 11/21/2014

REALTY EXECUTIVES PLATINUM

Last Buyer's Agent

Glenn Wuennenberg

WEICHERT REALTORS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,761

Year Built

  • Built in 1941

Lot Details

  • 0.33 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,761

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Year Built: 1941
  • County Name: Morris
  • I D: 4387850
  • Attribution Contact: 973-335-4600
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 100X145
  • Total Acres: 0.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2014
Closed on
Nov 21, 2014
Sold by
Lopez Arthur James and Lopez Christina Mary
Bought by
Gerbino Nicholas and Gerbino Andrea
Seller's Agent
Andrea Martone
REALTY EXECUTIVES PLATINUM
Buyer's Agent
Glenn Wuennenberg
WEICHERT REALTORS
Sold Price
$290,000
Current Estimated Value
$579,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,063
Avg. Annual Appreciation
6.48%
Original Mortgage
$232,000
Outstanding Balance
$177,205
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$401,858

Purchase Details

Closed on
Jul 30, 2002
Sold by
Skolsky Peter
Bought by
Lopez Arthur and Lopez Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,450
Interest Rate
6.58%

Purchase Details

Closed on
May 27, 1997
Sold by
Lesch Jerome D and Lesch Lori
Bought by
Skolsky Peter B and Skolsky Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
8.09%
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
Gerbino Nicholas $290,000 Old Republic Natl Title Ins
Lopez Arthur $317,000 --
Skolsky Peter B $175,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerbino Nicholas $232,000
Previous Owner Lopez Arthur $269,450
Previous Owner Skolsky Peter B $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2014 11/21/14 Sold $290,000 -- $183 / 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 $11,761 $396,700 $176,300 $220,400
2024 $11,495 $353,700 $176,300 $177,400
2023 $11,495 $353,700 $176,300 $177,400
2022 $11,325 $353,700 $176,300 $177,400
2021 $10,922 $353,700 $176,300 $177,400
2020 $11,127 $353,700 $176,300 $177,400
2019 $10,922 $353,700 $176,300 $177,400
2018 $10,813 $353,700 $176,300 $177,400
2017 $10,427 $353,700 $176,300 $177,400
2016 $10,059 $353,700 $176,300 $177,400
2015 $9,918 $353,700 $176,300 $177,400
2014 $9,561 $353,700 $176,300 $177,400
Source: Public Records

Agents Affiliated with this Home

  • Andrea Martone

    Seller's Agent in 2014

    Andrea Martone

    REALTY EXECUTIVES PLATINUM

    (973) 886-2626

    22 in this area

    152 Total Sales

    Andrea Martone
    Section Image
  • Glenn Wuennenberg

    Buyer's Agent in 2014

    Glenn Wuennenberg

    WEICHERT REALTORS

    (973) 303-3092

    2 Total Sales

    Glenn Wuennenberg
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3085596

Garden State MLS

APN: 34-00014-0000-00010

New Jersey Morris County Rockaway 07866

57 Drake Ave, Rockaway, NJ

Not Listed for Sale

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