NOT LISTED FOR SALE

574 Varsity Rd South Orange, NJ 07079

Estimated Value: $727,000 - $869,986

3 Beds
2 Baths
1,554 Sq Ft
$516/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $751,000 $483 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,584/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Marshall Elementary School Rated A-
  • Recreation Room
  • Attic

About This Home

As of May 2022

Nestled in Tuxedo Park, a charming pocket neighborhood with its own association and block parties, this Colonial offers proximity to Village shopping/dining/train. Original details like the tiled vestibule, beamed and pressed tin ceilings, hardwood floors and brick fireplace surround blend seamlessly with modern updates including central air, a composite deck and 1GB internet wiring. Transition from the weather to the inside through the covered entry and vestibule and you will immediately notice the love and care that the owners have put into this home. The first floor's formal LR and DR are spacious and open to each other. The updated kitchen has a built-in pantry with sliding barn door and handy coffee bar. Upstairs there are 3 bedrooms and large, updated main bath with sparkling marble tile. The basement, fully waterproofed and finished in 2017, with a full bath and rec room space, plus laundry and storage room. It even stayed dry in Hurricane Ida! Outside, you will find a fenced private yard, low maintenance deck and detached 2 car garage. Boiler (2017) and hot water heater (2020). Jitney Stop moments away Varsity/S Kingman. Location, charm and lovely condition make saying "yes" to this home an easy choice!

Last Agent to Sell the Property

ALLISON ZIEFERT

COMPASS NEW JERSEY, LLC Listed on: 02/09/2022

Last Buyer's Agent

CATHY D. KNAPP

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,883

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Wood Siding
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Thermal Windows
  • Window Treatments
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Front Basement Entry
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

  • Columbia High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1619-00801-0000-00018-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,883

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1920
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 574
  • Directions: Varsity Rd. near intersection of Reynolds Pl.
  • I D: 5123680
  • Modified: 2023-05-07
  • Number Images: 22
  • Section Subdiv Development: Tuxedo Park
  • First Name: ALLISON
  • First Name3: CATHY D.
  • Last Name: ZIEFERT
  • Last Name3: KNAPP
  • Office Phone: 973-310-6816
  • Office Phone3: 973-376-5200
  • Attribution Contact: 973-310-6816
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Sump Pump, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Window Treatments
  • Number Rooms: 7
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Basement
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Finished
  • Basement Level Rooms: Bath(s) Other, Laundry Room, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Dim: 14x9
  • Kitchen Level: First
  • Living Room Dim: 12x21
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 18x17
  • Other Room1 Level: Basement
  • Other Room 2: Storage Room
  • Other Room2 Dim: 11x8
  • Other Room2 Level: Basement
  • Other Room 3: Utility Room
  • Other Room3 Dim: 8x13
  • Other Room3 Level: Basement
  • Level 1 Rooms: Dining Room, Entrance Vestibule, Kitchen, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Phone: 973-310-6816

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Curbs, Deck, Sidewalk, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: COLUMBIA
  • High School: COLUMBIA

Lot Info

  • Lot Size: .110 AC
  • Assessed Improvement Value: 169800
  • Assessed Land Value: 223000
  • Assessment: 392800
  • Lot Description: Level Lot
  • Lot Identifier: 18
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12883
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1619-00801-0000-00018-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.280
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
May 6, 2022
Sold by
Ferraro and Katie
Bought by
Stempel-Lobell Jenna and Lobell Evan A
Seller's Agent
ALLISON ZIEFERT
COMPASS NEW JERSEY, LLC
Buyer's Agent
CATHY D. KNAPP
COLDWELL BANKER REALTY
List Price
$573,000
Sold Price
$751,000
Premium/Discount to List
$178,000
31.06%
Current Estimated Value
$802,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,247
Avg. Annual Appreciation
2.05%
Original Mortgage
$511,101
Outstanding Balance
$487,004
Interest Rate
5.27%
Mortgage Type
Balloon
Estimated Equity
$315,243

Purchase Details

Listed on
May 29, 2014
Closed on
May 29, 2014
Sold by
Hess Timothy Adam
Bought by
Ferraro Steven and Ferraro Katie
Seller's Agent
HENRY C. QUARITIUS III
PROMINENT PROPERTIES SIR
Buyer's Agent
Pauline Panza
KELLER WILLIAMS - NJ METRO GROUP
Sold Price
$363,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%
Original Mortgage
$308,550
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2014
Closed on
May 19, 2014
Sold by
Hess Timothy A
Bought by
Ferraro Katie and Ferraro Steven
Seller's Agent
HENRY C. QUARITIUS III
PROMINENT PROPERTIES SIR
Buyer's Agent
Pauline Panza
KELLER WILLIAMS - NJ METRO GROUP
Sold Price
$363,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,550
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2009
Sold by
Thomas Lillian
Bought by
Hess Timothy Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 1998
Sold by
Davis Charles
Bought by
Thomas Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.75%
Source: Public Records

Range of Values:

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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
Stempel-Lobell Jenna $751,000 New Title Company Name
Ferraro Steven $363,000 --
Ferraro Katie $363,000 --
Hess Timothy Adam $335,000 Multiple
Thomas Lillian $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stempel-Lobell Jenna $511,101
Previous Owner Ferraro Katie $307,000
Previous Owner Ferraro Steven $308,550
Previous Owner Hess Timothy Adam $301,500
Previous Owner Thomas Lillian $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $751,000 +31.1% $483 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $573,000 +57.9% $369 / Sq Ft
05/29/2014 05/29/14 Sold $363,000 -- $234 / 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 $14,286 $663,100 $271,800 $391,300
2024 $14,286 $663,100 $271,800 $391,300
2022 $13,776 $392,800 $223,000 $169,800
2021 $13,296 $392,800 $223,000 $169,800
2020 $12,884 $392,800 $223,000 $169,800
2019 $12,562 $392,800 $223,000 $169,800
2018 $12,373 $392,800 $223,000 $169,800
2017 $12,067 $392,800 $223,000 $169,800
2016 $11,193 $292,400 $109,000 $183,400
2015 $10,933 $292,400 $109,000 $183,400
2014 $10,705 $292,400 $109,000 $183,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3763011

Garden State MLS

APN: 19-00801-0000-00018