NOT LISTED FOR SALE

1 Cobb Rd Mountain Lakes, NJ 07046

Estimated Value: $1,188,000 - $1,287,570

4 Beds
3 Baths
2,632 Sq Ft
$479/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $1,075,000 $408 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,684/month

8 Days on Market

About This Home

As of June 2023

This home is located at 1 Cobb Rd, Mountain Lakes, NJ 07046 since 25 May 2023 and is currently estimated at $1,259,643, approximately $478 per square foot. This property was built in 1923. 1 Cobb Rd is a home located in Morris County with nearby schools including Wildwood Elementary School, Briarcliff Middle School, and Mountain Lakes High School.

Last Agent to Sell the Property

Mary Menard

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-315-8180 Listed on: 05/25/2023

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

Murray Robertson

RE/MAX FIRST CHOICE

RE/MAX FIRST CHOICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,675

Year Built

  • Built in 1923

Lot Details

  • 0.9 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,675

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Year Built: 1923
  • County Name: Morris
  • Street Number Display: 1
  • I D: 5223269
  • Modified: 2024-07-01
  • Number Images: 1
  • Attribution Contact: 973-315-8180
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.20

Lot Info

  • Lot Size: .895 AC
  • Total Acres: 0.90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Jun 29, 2023
Sold by
Scholten Michael Henry
Bought by
Brading Jamie and Brading Lucie
Seller's Agent
Mary Menard
COMPASS NEW JERSEY, LLC
Buyer's Agent
Murray Robertson
RE/MAX FIRST CHOICE
List Price
$1,150,000
Sold Price
$1,075,000
Premium/Discount to List
-$75,000
-6.52%
Views
517
Current Estimated Value
$1,259,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,643
Avg. Annual Appreciation
7.47%
Original Mortgage
$645,000
Outstanding Balance
$628,975
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$630,668

Purchase Details

Closed on
Jan 16, 2019
Sold by
Scholten Henry J and Scholten Mary Veronica
Bought by
Scholten Henry J

Purchase Details

Closed on
Jan 9, 1998
Sold by
Scholten Henry J and Scholten Mary Veronica
Bought by
Scholten Mary Veronica
Source: Public Records

Range of Values:

Collateral Analytics

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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
Brading Jamie $1,075,000 Chicago Title Insurance Compan
Brading Jamie $1,075,000 Chicago Title Insurance Compan
Scholten Henry J -- None Available
Scholten Mary Veronica -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brading Jamie $645,000
Closed Brading Jamie $645,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $1,075,000 -6.5% $408 / Sq Ft
05/25/2023 05/25/23 For Sale $1,150,000 -- $437 / 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 $23,675 $1,067,900 $580,500 $487,400
2024 $23,308 $991,400 $536,100 $455,300
2023 $23,308 $922,000 $502,500 $419,500
2022 $22,863 $843,100 $469,900 $373,200
2021 $23,095 $814,800 $456,300 $358,500
2020 $23,923 $853,800 $500,900 $352,900
2019 $23,095 $853,800 $500,900 $352,900
2018 $22,438 $853,800 $500,900 $352,900
2017 $21,960 $853,800 $500,900 $352,900
2016 $21,576 $853,800 $500,900 $352,900
2015 $21,072 $853,800 $500,900 $352,900
2014 $20,679 $853,800 $500,900 $352,900
Source: Public Records

Agents Affiliated with this Home

  • Mary Menard

    Seller's Agent in 2023

    Mary Menard

    COMPASS NEW JERSEY, LLC

    (973) 879-2860

    107 in this area

    159 Total Sales

    Mary Menard
    Section Image
  • Murray Robertson

    Buyer's Agent in 2023

    Murray Robertson

    RE/MAX

    (973) 335-4600

    12 in this area

    28 Total Sales

    Murray Robertson
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3845703

Garden State MLS

APN: 25-00061-0000-00001-01

New Jersey Morris County Mountain Lakes 07005

1 Cobb Rd, Mountain Lakes, NJ

This home is located at 1 Cobb Rd, Mountain Lakes, NJ 07046 since 25 May 2023 and is currently estimated at $1,259,643, approximately $478 per square foot. This property was built in 1923. 1 Cobb Rd is a home located in Morris County with nearby schools including Wildwood Elementary School, Briarcliff Middle School, and Mountain Lakes High School.

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