NOT LISTED FOR SALE

586 Forest Rd Scotch Plains, NJ 07076

Estimated Value: $663,564 - $1,117,000

5 Beds
2.5 Baths
2,424 Sq Ft
$405/Sq Ft Est. Value

Last Sold September 25, 2019

Last sale price $645,000 $266 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $6,501/month

158 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Home Office
  • School One Elementary School Rated A
  • Billiard Room
  • 5-minute walk to Forest Road Park

About This Home

As of September 2019

Captivating Renovated Kitchen with Granite Counters, oversized center island with seating up to six people. All Stainless Steel appliances, Tall Cherry wood cabinets with ambient lighting. All five very good sized bedrooms are newly painted and carpeted. You will love the expansive finished basement with wall to wall carpeting, billiards room, entertainment area air hockey dart board and office. There are multiple storage areas including a large mirrored closet, a walk in closet and large utility room for tons of storage. The kitchen island is the heart of the home with seating up to 6 with lots of pull out special drawers for storage and high cabinets and beautiful above and below cabinet lighting.This location of the house is so convenient. It's also a short distance to the top rated schools.

Last Agent to Sell the Property

GEORGE BELLINO

SIGNATURE REALTY NJ Listed on: 03/22/2019

Last Buyer's Agent

MUZIO PRIOLETTI

SIGNATURE REALTY NJ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,487

Year Built

  • Built in 1998

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Additional Parking
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • 1 Elementary School
  • Park Middle School
  • Sp Fanwood High School

Utilities

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

Community Details

  • Billiard Room
  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 2916-01402-0000-00013-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,487

Year Built

Built in 1998

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1998
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 586
  • Directions: N. Martine to Portland to Forest
  • I D: 4880605
  • Modified: 2021-09-23
  • Number Images: 14
  • First Name: GEORGE
  • First Name3: MUZIO
  • Last Name: BELLINO
  • Last Name3: PRIOLETTI
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Disposal, Dryer, Microwave Oven
  • Number Rooms: 9
  • Bedrooms: 5
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Utility Room, Office, Storage Room, Family Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: Basement
  • Kitchen Area: Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 16x13
  • Kitchen Level: Ground
  • Living Room Dim: 16x13
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 11x11
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Dim: 40x14
  • Other Room2 Level: Basement
  • Other Room 3: Office
  • Other Room3 Dim: 11x11
  • Other Room3 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Living Room, Dining Room, Bath(s) Other, Kitchen
  • Level 2 Rooms: Laundry Room, 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Phone: 732-662-7070

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop, On-Street Parking

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

Condo/Co-op/Association

  • Amenities: Billiards Room, Storage

Schools

  • Elementary School: 1 E.S.
  • Middle School: Park MS
  • High School: SP Fanwood
  • High School: SP Fanwood
  • Middle Jr High School: Park MS

Lot Info

  • Lot Size: 50X100
  • Assessed Improvement Value: 108000
  • Assessed Land Value: 24400
  • Assessment: 132400
  • Lot Description: Level Lot
  • Lot Identifier: 13
  • 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: 14487
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2916-01402-0000-00013-0000-
  • Tax Rate Amount: 10.942
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: 1 E.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2019
Closed on
Sep 19, 2019
Sold by
Jackson Robert B and Jackson Thea S
Bought by
Palmieri Mark and Palmieri Daniela
Seller's Agent
GEORGE BELLINO
SIGNATURE REALTY NJ
Buyer's Agent
MUZIO PRIOLETTI
SIGNATURE REALTY NJ
List Price
$685,000
Sold Price
$645,000
Premium/Discount to List
-$40,000
-5.84%
Current Estimated Value
$981,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,391
Avg. Annual Appreciation
7.22%
Original Mortgage
$370,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 1999
Sold by
Louis Frank
Bought by
Brown Sherman A and Brown Violet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.68%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 27, 1998
Sold by
Five At Forest Construction Llc
Bought by
Louis Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,750
Interest Rate
7.08%
Mortgage Type
Balloon
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
Palmieri Mark $645,000 None Available
Brown Sherman A $341,500 Lawyers Title Insurance Corp
Louis Frank $250,700 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmieri Mark $370,000
Previous Owner Brown Sherman A $270,000
Previous Owner Louis Frank $190,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2019 09/25/19 Sold $645,000 -5.8% $266 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $685,000 -- $283 / 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 $15,581 $132,400 $24,400 $108,000
2024 $15,121 $132,400 $24,400 $108,000
2023 $15,121 $132,400 $24,400 $108,000
2022 $14,941 $132,400 $24,400 $108,000
2021 $14,916 $132,400 $24,400 $108,000
2020 $14,845 $132,400 $24,400 $108,000
2019 $14,735 $132,400 $24,400 $108,000
2018 $14,487 $132,400 $24,400 $108,000
2017 $14,165 $132,400 $24,400 $108,000
2016 $13,893 $132,400 $24,400 $108,000
2015 $13,665 $132,400 $24,400 $108,000
2014 $13,215 $132,400 $24,400 $108,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    GEORGE BELLINO

    SIGNATURE REALTY NJ

  • M

    Buyer's Agent in 2019

    MUZIO PRIOLETTI

    SIGNATURE REALTY NJ

See All Agents

Map

Source: Garden State MLS

MLS Number: 3541088

Garden State MLS

APN: 16-01402-0000-00013

New Jersey Union County Scotch Plains 07076

586 Forest Rd, Scotch Plains, NJ

This home is located at 586 Forest Rd, Scotch Plains, NJ 07076 since 22 March 2019 and is currently estimated at $981,391, approximately $404 per square foot. This property was built in 1998. 586 Forest Rd is a home located in Union County with nearby schools including School One Elementary School, Nettingham Middle School, and Scotch Plains-Fanwood High School.

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