NOT LISTED FOR SALE

72 Derwent Ave Verona, NJ 07044

Estimated Value: $588,000 - $670,471

4 Beds
2 Baths
-- Sq Ft
0.37 Acres

Last Sold August 23, 2022

Last sale price $505,000

Est. 27% increase in value since last sale

Current estimated payment $4,344/month

19 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • 1 Car Attached Garage
  • Verona High School Rated A-
  • Butlers Pantry
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Charming 4 bed 2 bath Cape Cod walking distance to Verona Park, downtown shops, restaurants, and NYC bus. First floor boasts hardwood floors throughout, spacious living room, dining room with access to the deck, kitchen, two bedrooms, and full bath. Top level offers two more bedrooms. The basement was renovated 2 years ago and features full bath, attached one car garage, and laundry room. In addition, the boiler, A/C, and roof were all updated in the last two years. Lastly, this property has a large backyard that is perfect for anyone who loves to entertain!

Last Agent to Sell the Property

DANNY GALLEGO

WEICHERT REALTORS Listed on: 06/02/2022

Last Buyer's Agent

Daniel Jensen

EXP REALTY, LLC

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,112

Year Built

  • Built in 1943

Lot Details

  • 0.37 Acre Lot

Parking

  • 1 Car Attached Garage
  • Private Driveway

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Kitchen

  • Butlers Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Schools

  • Whitehorne Middle School
  • Verona High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 1620-01703-0000-00024-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,112

Year Built

Built in 1943

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1943
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 72
  • Directions: Linden or Claremont to Derwent
  • I D: 5155264
  • Modified: 2023-08-24
  • Number Images: 27
  • First Name: DANNY
  • First Name3: DANIEL
  • Last Name: GALLEGO
  • Last Name3: JENSEN
  • Office Phone: 973-539-8000
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Number Rooms: 8
  • Bedrooms: 4
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished
  • Dining Room Level: First
  • Kitchen Area: Pantry
  • Kitchen Level: First
  • Living Room Level: First
  • Phone: 973-539-8000

Exterior Features

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

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: Driveway-Exclusive

Utilities

  • Cooling: Central Air, Wall A/C Unit(s)
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Schools

  • Middle School: WHITEHORNE
  • High School: VERONA
  • High School: VERONA
  • Middle Jr High School: WHITEHORNE

Lot Info

  • Lot Size: 50X326
  • Assessed Improvement Value: 132500
  • Assessed Land Value: 220600
  • Assessment: 353100
  • Easement: Unknown
  • Lot Identifier: 24
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.37

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10112
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1620-01703-0000-00024-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.957
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Aug 11, 2022
Sold by
Borener Benjamin Isaac and Borener Joanna
Bought by
Soto Elijah
Seller's Agent
DANNY GALLEGO
WEICHERT REALTORS
Buyer's Agent
Daniel Jensen
EXP REALTY, LLC
List Price
$485,000
Sold Price
$505,000
Premium/Discount to List
$20,000
4.12%
Current Estimated Value
$642,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,618
Avg. Annual Appreciation
7.75%
Original Mortgage
$474,700
Outstanding Balance
$454,331
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$181,216

Purchase Details

Closed on
May 31, 2011
Sold by
Gabrielsen Douglas A and Gabrielsen Joyce E
Bought by
Borener Benjamin Isaac

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,310
Interest Rate
4.81%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Soto Elijah $505,000 --
Borener Benjamin Isaac $340,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Elijah $474,700
Closed Soto Elijah $474,700
Previous Owner Borener Benjamin Isaac $294,086
Previous Owner Borener Benjamin Isaac $347,310
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $505,000 +4.1% --
06/24/2022 06/24/22 Pending -- -- --
06/04/2022 06/04/22 For Sale $485,000 0.0% --
06/02/2022 06/02/22 Price Changed $485,000 -- --
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 $11,397 $372,200 $220,600 $151,600
2024 $11,397 $372,200 $220,600 $151,600
2022 $10,568 $353,100 $220,600 $132,500
2021 $10,441 $353,100 $220,600 $132,500
2020 $10,113 $353,100 $220,600 $132,500
2019 $9,781 $353,100 $220,600 $132,500
2018 $9,133 $289,100 $184,500 $104,600
2017 $9,000 $289,100 $184,500 $104,600
2016 $8,855 $289,100 $184,500 $104,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3786233

Garden State MLS

APN: 20-01703-0000-00024