NOT LISTED FOR SALE

98 Varsity Rd Unit 100 Newark, NJ 07106

Ivy Hill Neighborhood

Estimated Value: $414,159 - $532,000

3 Beds
2 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold October 24, 2019

Last sale price $277,000

Est. 70% increase in value since last sale

Current estimated payment $3,189/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Storage Shed
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of October 2019

MOVE-IN READY!! MOVE-IN READY!! Beautiful newly renovated 3 bedroom 2 full baths home located in the lovely section of upper Vailsburg/ bordering South Orange. Featuring open concept living room to large eat-in kitchen , granite counter tops, stainless steel appliances, ceramic tiles & gleaming hardwood floors, newly renovated bathrooms, freshly painted throughout. This property is located 5 minutes from Seaton Hall University , South Orange train station & Shopping center.

Last Agent to Sell the Property

SHERELL HUNTER

ELITE REALTORS OF NEW JERSEY Listed on: 08/04/2019

Last Buyer's Agent

Michelle Burroughs

EXP REALTY, LLC

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,837

Year Built

  • Built in 1925

Lot Details

  • 3,920

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Kitchen

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

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Storage Shed
  • 3,920 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 1614-04163-0000-00002-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,837

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Style: Colonial, Detached
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1925
  • County Name: Essex
  • Street Number Display: 98-100
  • Directions: South orange left on Montrose St left on Varsity
  • I D: 4919185
  • Modified: 2021-09-23
  • Number Images: 8
  • Section Subdiv Development: Tuxedo park
  • First Name: SHERELL
  • First Name3: MICHELLE
  • Last Name: HUNTER
  • Last Name3: BURROUGHS
  • Office Phone: 973-746-4777
  • Office Phone3: 866-201-6210
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Microwave Oven
  • Interior Amenities: TubShowr, Fire Extinguisher, Carbon Monoxide Detector
  • Number Rooms: 5
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Phone: 973-746-4777

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Storage Shed
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: 1 Car Width, Off-Street Parking

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 40X100
  • Assessed Improvement Value: 101600
  • Assessed Land Value: 29400
  • Assessment: 131000
  • Lot Identifier: 2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.09

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4837
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-04163-0000-00002-0000-
  • Tax Rate Amount: 3.693
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2019
Closed on
Oct 17, 2019
Sold by
Guaranteed Investments
Bought by
Taylor Luani
Seller's Agent
SHERELL HUNTER
ELITE REALTORS OF NEW JERSEY
Buyer's Agent
Michelle Burroughs
EXP REALTY, LLC
List Price
$279,000
Sold Price
$277,000
Premium/Discount to List
-$2,000
-0.72%
Total Days on Market
10
Current Estimated Value
$471,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,790
Avg. Annual Appreciation
9.92%
Original Mortgage
$277,000
Outstanding Balance
$246,244
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$225,546

Purchase Details

Listed on
Jul 20, 2018
Closed on
Aug 21, 2018
Sold by
Nationostar Hecm Acq T
Bought by
Guaranteed Investment Llc
Seller's Agent
Ralph Barone
NJ REO Asset Management & Realty, Inc.
Buyer's Agent
Ralph Barone
NJ REO Asset Management & Realty, Inc.
List Price
$99,900
Sold Price
$121,000
Premium/Discount to List
$21,100
21.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.44%

Purchase Details

Closed on
Jun 15, 2006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.58%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Taylor Luani $277,000 First American Title
Guaranteed Investment Llc $121,000 Clear Skies Title Agency
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Luani $277,000
Previous Owner Guaranteed Investments Ll C $116,000
Previous Owner Artis Carrie $292,500
Previous Owner -- $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2019 10/24/19 Sold $277,000 -0.7% --
08/14/2019 08/14/19 Pending -- -- --
08/04/2019 08/04/19 For Sale $279,000 +130.6% --
10/02/2018 10/02/18 Sold $121,000 +21.1% --
09/07/2018 09/07/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $99,900 -- --
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
2024 $6,613 $177,400 $29,400 $148,000
2022 $6,628 $177,400 $29,400 $148,000
2021 $6,624 $177,400 $29,400 $148,000
2020 $6,741 $177,400 $29,400 $148,000
2019 $4,927 $131,000 $29,400 $101,600
2018 $4,838 $131,000 $29,400 $101,600
2017 $4,664 $131,000 $29,400 $101,600
2016 $4,506 $131,000 $29,400 $101,600
2015 $4,335 $131,000 $29,400 $101,600
2014 $4,062 $131,000 $29,400 $101,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3578129

Garden State MLS

APN: 14-04163-0000-00002