NOT LISTED FOR SALE

1 N East Shore Rd Mountain Lakes Boro, NJ 07046

Estimated Value: $2,070,595 - $2,289,000

5 Beds
4.5 Baths
-- Sq Ft
1.11 Acres

Last Sold July 28, 2021

Last sale price $1,643,000

Est. 32% increase in value since last sale

Current estimated payment $15,947/month

74 Days on Market

Highlights

  • Lake Front
  • Tennis Courts
  • Contemporary Architecture
  • Wildwood Elementary School Rated A+
  • Deck
  • 4-minute walk to Taft Memorial Field

About This Home

As of July 2021

A true Oasis! Just imagine enjoying an evening sunset on the bluestone patio or expansive deck, preparing gourmet meals in the open kitchen plan and gathering by the the fire in the family room. Enjoy paddle boarding, fishing, kayaking, swimming from the private dock in a community with top-rated schools. This spectacular sun-drenched home has an open flow perfect for entertaining and everyday living & spectacular water views from every room. Spa-like master suite with Juliet balcony, spacious bedrooms, home office, finished lower level with rec room, gym, full bath & separate in-law suite with private entrance.

Last Agent to Sell the Property

Bridgid Walsh

Coldwell Banker, Mountain Lakes Listed on: 03/19/2021

Coldwell Banker, Mountain Lakes

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,678

Year Built

  • 1948

Lot Details

  • Lake Front
  • Corner Lot
  • Rectangular Lot
  • Sprinkler System

Parking

  • Attached Garage

Home Design

  • Built in the 1990s
  • Contemporary Architecture

Interior Spaces

  • Central Vacuum
  • Gas Fireplace
  • Basement Fills Entire Space Under The House
  • Storm Screens

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Tennis Courts
  • Deck

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 142500023 00027

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,678

Year Built

1948

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Contemporary
  • Additional Sub Style: Expanded
  • Lifestyle: Close/Parks, Close/School, Close/Trans, Close/Wrshp
  • Miscellaneous: Central Vac, Sprinklers, Strms/Scrns, Tennis, Deck / Patio
  • Views/Exposure: Sunset
  • Year Built (Public Record): 1990's, Renovated
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Number of Rooms: 13
  • Fireplace: 2 Fireplaces, Gas
  • Bedrooms: 5
  • Total Bathrooms: 4.10
  • Primary Bathroom: Y
  • Full Bathrooms: 4
  • Partial Bathroom: 1
  • Basement: Full
  • Items Not Included: powder room sconces
  • Items Included: per listing agreement

Exterior Features

  • Waterfront: Lake Front

Garage/Parking

  • Garage: Attached

Utilities

  • Heating: Baseboard, Gas, Hot Water, Radiators, Multi-Zone
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: MORRIS
  • Lot: 00027
  • Lot Description: Corner Lot, Regular

Tax Info

  • Tax: 37678
  • Assessor Parcel Number: 142500023 00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Jul 25, 2021
Sold by
Mendelsohn Edward R and Gottesman Lisa S
Bought by
Rana Ilaxi
Seller's Agent
Bridgid Walsh
Coldwell Banker, Mountain Lakes
Buyer's Agent
Outside Agent
Outside Office
List Price
$1,895,000
Sold Price
$1,643,000
Premium/Discount to List
-$252,000
-13.3%
Total Days on Market
74
Current Estimated Value
$2,176,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,899
Avg. Annual Appreciation
7.58%
Original Mortgage
$1,000,000
Outstanding Balance
$916,569
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,260,330

Purchase Details

Closed on
Apr 6, 2004
Sold by
Mendelsohn Edward
Bought by
Mendelsohn Edward and Gottesman Lisa

Purchase Details

Closed on
Apr 27, 1998
Sold by
Rubinfeld Philip and Rubinfeld Julie
Bought by
Mendelsohn Edward R and Gottesman Lisa S

Purchase Details

Closed on
Oct 4, 1994
Sold by
Miles Mike
Bought by
Rubinfeld Philip and Rubinfeld Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
8.43%
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
Rana Ilaxi $1,643,000 Heritage Abstract Company
Mendelsohn Edward -- --
Mendelsohn Edward R $1,250,000 --
Rubinfeld Philip $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rana Ilaxi $1,000,000
Previous Owner Mendelsohn Edward R $417,000
Previous Owner Mendelsohn Edward R $320,000
Previous Owner Mendelsohn Edward R $300,000
Previous Owner Rubinfeld Philip $770,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2021 07/28/21 Sold $1,643,000 -8.6% --
06/01/2021 06/01/21 Pending -- -- --
04/15/2021 04/15/21 Price Changed $1,798,000 -5.1% --
03/19/2021 03/19/21 For Sale $1,895,000 -- --
Source: New Jersey 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 $44,725 $1,811,200 $854,000 $957,200
2023 $44,725 $1,769,200 $829,000 $940,200
2022 $45,342 $1,618,800 $782,500 $836,300
2021 $45,342 $1,615,900 $751,000 $864,900
2020 $37,678 $1,344,700 $750,200 $594,500
2019 $36,374 $1,344,700 $750,200 $594,500
2018 $35,339 $1,344,700 $750,200 $594,500
2017 $34,586 $1,344,700 $750,200 $594,500
2016 $33,981 $1,344,700 $750,200 $594,500
2015 $33,187 $1,344,700 $750,200 $594,500
2014 $32,569 $1,344,700 $750,200 $594,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21010968

New Jersey MLS

APN: 25-00023-0000-00027