NOT LISTED FOR SALE

8 Otsego Rd Verona, NJ 07044

Estimated Value: $644,113

3 Beds
1 Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold July 22, 2020

Last sale price $428,500

Est. 50% increase in value since last sale

Current estimated payment $4,153/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Sun or Florida Room
  • Verona High School Rated A-
  • Main Floor Bedroom
  • Den

About This Home

As of July 2020

Don't miss this charming cape w/ room for expansion featuring 3/4 BR's, cedar walk in closet, formal DR, LR w/gas fpl, pickled walnut woodwork, 3 ductless AC units, 3 season front porch, HW flooring ceiling fans thruout, full basement with 1/4 bath, large deck, 2/3 car garage w/loft, 3rd garage space used for workshop w/work benches and plenty of storage. Home is equipped with up-to-date ADT alarm system. One block from NYC bus. Conveniently located to schools, shopping and Verona Park

Last Agent to Sell the Property

JOAN LOGAN

FALLIVENE AGENCY INC. Listed on: 05/17/2020

Last Buyer's Agent

JOAN LOGAN

FALLIVENE AGENCY INC. Listed on: 05/17/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,877

Year Built

  • Built in 1921

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Free-Standing Freezer
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Cedar Closet
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Laning Ave Elementary School
  • Whitehorne Middle School
  • Verona High School

Utilities

  • Ductless Heating Or Cooling System
  • Standard Electricity
  • Water Tap or Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 1620-00802-0000-00066-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,877

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1921
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 8
  • Directions: Bloomfield Avenue to Claremont Avenue to Otsego
  • I D: 4972854
  • Modified: 2021-09-23
  • Number Images: 12
  • First Name: JOAN
  • First Name3: JOAN
  • Last Name: LOGAN
  • Last Name3: LOGAN
  • Office Phone: 973-882-1117
  • Office Phone3: 973-882-1117
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Freezer-Freestanding, Kitchen Exhaust Fan, Range/Oven-Gas, Sump Pump, Washer
  • Interior Amenities: Carbon Monoxide Detector, Cedar Closets, Fire Extinguisher, Security System, Smoke Detector, Walk-In Closet
  • Number Rooms: 7
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Walkout
  • Basement Level Rooms: Laundry Room, Pantry, Toilet, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Florida/3Season
  • Level 1 Rooms: 1 Bedroom, Bath Main, Den, Dining Room, Florida/3Season, Kitchen, Living Room, Pantry
  • Level 2 Rooms: 2 Bedrooms
  • Phone: 973-882-1117

Exterior Features

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

Garage/Parking

  • Garage Description: Additional 1/2 Car Garage, Detached Garage, Garage Door Opener, Loft Storage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: 3 Units, Ductless Split AC
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas-Natural
  • Water: Public Water, Water Charge Extra

Schools

  • Elementary School: LANING AVE
  • Middle School: WHITEHORNE
  • High School: VERONA
  • High School: VERONA
  • Middle Jr High School: WHITEHORNE

Lot Info

  • Lot Size: 42X116
  • Assessed Improvement Value: 142100
  • Assessed Land Value: 214500
  • Assessment: 356600
  • Easement: Unknown
  • Lot Identifier: 66
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9877
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1620-00802-0000-00066-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.770
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: LANING AVE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2020
Closed on
Jun 25, 2020
Sold by
Burd Richard A and Burd Judith A
Bought by
Urbano Lorenzo and Ore Katia
Seller's Agent
JOAN LOGAN
FALLIVENE AGENCY INC.
Buyer's Agent
JOAN LOGAN
FALLIVENE AGENCY INC.
List Price
$449,000
Sold Price
$428,500
Premium/Discount to List
-$20,500
-4.57%
Total Days on Market
4
Current Estimated Value
$644,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,613
Avg. Annual Appreciation
7.18%
Original Mortgage
$413,500
Outstanding Balance
$367,481
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$242,043
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
Urbano Lorenzo $428,500 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urbano Lorenzo $413,500
Previous Owner Burd Judith A $225,000
Previous Owner Burd Judith A $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $428,500 -4.6% --
05/21/2020 05/21/20 Pending -- -- --
05/17/2020 05/17/20 For Sale $449,000 -- --
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 -- $356,600 $214,500 $142,100
2024 -- $356,600 $214,500 $142,100
2022 -- $356,600 $214,500 $142,100
2021 $9,878 $356,600 $214,500 $142,100
2020 $10,213 $356,600 $214,500 $142,100
2019 $9,878 $356,600 $214,500 $142,100
2018 $9,006 $285,100 $176,000 $109,100
2017 $8,875 $285,100 $176,000 $109,100
2016 $8,733 $285,100 $176,000 $109,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    JOAN LOGAN

    FALLIVENE AGENCY INC.

See All Agents

Map

Source: Garden State MLS

MLS Number: 3633300

Garden State MLS

APN: 20-00802-0000-00066

New Jersey Essex County Verona 07044

8 Otsego Rd, Verona, NJ

This home is located at 8 Otsego Rd, Verona, NJ 07044 since 17 May 2020 and is currently estimated at $644,113. This property was built in 1921. 8 Otsego Rd is a home located in Essex County with nearby schools including Laning Avenue School, Henry B. Whitehorne Middle School, and Verona High School.

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