NOT LISTED FOR SALE

1 Merchant Ln Mendham, NJ 07945

Estimated Value: $1,700,000 - $2,451,000

6 Beds
5.5 Baths
6,800 Sq Ft
$293/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $1,450,000 $213 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $12,976/month

15 Days on Market

Highlights

  • Home Theater
  • Custom Home
  • Deck
  • Randolph High School Rated A
  • 13.93 Acre Lot
  • Wood Burning Stove

About This Home

As of September 2021

Exquisite CUSTOM colonial filled w/elegant touches, this fine home provides luxury living at its very best. Beautifully framed by tall trees & a park-like yard, this 13+ acre property OFFERS COMPLETE PRIVACY. Inside, you are greeted a 2-story foyer & an open-concept main living area. Boasting a Chef's EIK w/top-of-the-line Viking/SubZero/Wolf appliances & a professional series gas range & range hood. The EIK spills into the FR w/gorgeous built-in & fireplace. Grand master suite w/His & Hers private baths & WIC's. In-law suite w/LR, BR & bath. Finished lower level w/rec. room, BR/office & full bath. Great home for the car enthusiast featuring 2 heated garages w/potential to store up to 9 cars & EV charger. Also features steel beam construction, California closets, TimberTech deck, 4 BR septic & much more!

Last Agent to Sell the Property

MICHELLE PAIS

SIGNATURE REALTY NJ Listed on: 06/15/2021

Last Buyer's Agent

Michele Carey

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,877

Year Built

  • Built in 1999

Lot Details

  • 13.93 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Open Lot
  • Flag Lot

Parking

  • 5 Car Direct Access Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Custom Home
  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • 6,800 Sq Ft Home
  • High Ceiling
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Ventless Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Workshop
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Garage Access

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Storage Shed
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Generator Hookup
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2332-00049-0000-00028-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,877

Year Built

Built in 1999

Lot Details

0

Parking

5

Listing Details

  • Style: Custom Home, Colonial
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1999
  • Year Built Description: Approximate
  • County Name: Morris
  • Easements Description: 25' access
  • Possible Other Uses: Home-Office
  • Renovated Year: 2012
  • Street Number Display: 1
  • Directions: Combs Hollow Rd to Trout Brook Ln, turn right onto Merchant Ln (which is a private road). Take Merchant Ln to the end, then turn right to 1 Merchant.
  • I D: 5080233
  • Modified: 2022-09-25
  • Number Images: 25
  • First Name: MICHELLE
  • First Name3: MICHELE
  • Last Name: PAIS
  • Last Name3: CAREY
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2012

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Bedroom 1, Family Room, Gas Fireplace, Gas Ventless, Wood Burning, Wood Stove-Freestanding
  • Number of Fireplaces: 4
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Dishwasher, Dryer, Generator-Hookup, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer, WineRefr
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, JacuzTyp, Security System, Smoke Detector, StallShw, TubShowr, Walk-In Closet, Window Treatments
  • Number Rooms: 12
  • Bedrooms: 6
  • Master Bedroom Desc: Fireplace, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub, Stall Shower
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Partial, Walkout
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, GarEnter, Rec Room, Storage Room, Utility Room, Workshop
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath, Living Room
  • Kitchen Area: Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 18x29
  • Kitchen Level: First
  • Living Room Dim: 14x20
  • Living Room Level: First
  • Other Room 1: Media Room
  • Other Room1 Dim: 17x18
  • Other Room1 Level: Second
  • Other Room 2: Office
  • Other Room2 Dim: 12x16
  • Other Room2 Level: First
  • Other Room 3: Rec Room
  • Other Room3 Dim: 28x22
  • Other Room3 Level: Basement
  • Other Room 4: Bedroom
  • Other Room4 Dim: 15x13
  • Other Room4 Level: Basement
  • Level 1 Rooms: Breakfast Room, Dining Room, Family Room, Foyer, GarEnter, Kitchen, Living Room, Office, Pantry, Porch, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room, Media Room
  • Estimated Sq Ft: 6800
  • Phone: 908-686-1200

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Open Porch(es), Patio, Storage Shed, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage, Garage Door Opener, InEntrnc, Oversize Garage
  • Number Garage Spaces: 5
  • Number Parking Spaces: 40
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: 3 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air, Multi-Zone
  • Sewer: Septic 4 Bedroom Town Verified
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 13.929 AC
  • Assessed Improvement Value: 682400
  • Assessed Land Value: 341500
  • Assessment: 1023900
  • Easement: Yes
  • Lot Description: Flag Lot, Level Lot, Open Lot, Private Road
  • Lot Identifier: 28
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 13.93
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 26877
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2332-00049-0000-00028-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.625
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Sep 23, 2021
Sold by
Mcafee Sheryl E and Phelan Robert E
Bought by
Arbittier Douglas A and Arbittier Elizabeth J
Seller's Agent
MICHELLE PAIS
SIGNATURE REALTY NJ
Buyer's Agent
Michele Carey
COMPASS NEW JERSEY, LLC
List Price
$1,599,000
Sold Price
$1,450,000
Premium/Discount to List
-$149,000
-9.32%
Current Estimated Value
$1,989,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,907
Avg. Annual Appreciation
6.58%
Original Mortgage
$1,160,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2019
Sold by
Phelan Robert and Mcafee Sheryl
Bought by
Sheryl E Mcafee Revocable Trust

Purchase Details

Closed on
Aug 23, 2016
Sold by
Phelan Robert and Mcafee Sheryl
Bought by
Phelan Robert and Mcafee Sheryl

Purchase Details

Closed on
Nov 26, 1999
Sold by
S J C Builers Llc
Bought by
Phelan Robert and Mcafee Sheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
7.12%
Mortgage Type
Stand Alone First
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
Arbittier Douglas A $1,450,000 Old Republic Natl Ttl Ins Co
Sheryl E Mcafee Revocable Trust -- Old Republic Natl Title Ins
Phelan Robert -- None Available
Phelan Robert -- --
Phelan Robert $875,000 --
Omnibus Inc $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arbittier Douglas A $1,160,000
Previous Owner Omnibus Inc $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $1,450,000 -9.3% $213 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $1,599,000 -- $235 / 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 $29,106 $1,028,100 $345,700 $682,400
2024 $28,376 $1,028,100 $345,700 $682,400
2023 $28,376 $1,028,100 $345,700 $682,400
2022 $27,154 $1,028,100 $345,700 $682,400
2021 $27,154 $1,023,900 $341,500 $682,400
2020 $26,877 $1,023,900 $341,500 $682,400
2019 $26,570 $1,023,900 $341,500 $682,400
2018 $26,232 $1,023,900 $341,500 $682,400
2017 $25,905 $1,023,900 $341,500 $682,400
2016 $30,396 $830,500 $221,300 $609,200
2015 $30,031 $830,500 $221,300 $609,200
2014 $29,566 $830,500 $221,300 $609,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    MICHELLE PAIS

    SIGNATURE REALTY NJ

  • M

    Buyer's Agent in 2021

    Michele Carey

    COMPASS NEW JERSEY, LLC

    (201) 741-0200

    1 in this area

    10 Total Sales

    Michele Carey
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3720424

Garden State MLS

APN: 32-00049-0000-00028

New Jersey Morris County Mendham 07945

1 Merchant Ln, Mendham, NJ

This home is located at 1 Merchant Ln, Mendham, NJ 07945 since 15 June 2021 and is currently estimated at $1,989,907, approximately $292 per square foot. This property was built in 1999. 1 Merchant Ln is a home located in Morris County with nearby schools including Randolph High School, Randolph Middle School, and Apple Montessori Schools and Camps - Randolph.

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