$2,075,000
SOLD SEP 3, 2024

1 Oak Ln Essex Fells, NJ 07021

5 Beds
5 Baths
4,495 Sq Ft
0.58 Acres

Recently Sold

$462 Per Sq Ft

22% Below List Price

107 Days on Market

About This Home

As of September 2024

This home is located at 1 Oak Ln, Essex Fells, NJ 07021 and is currently priced at $2,075,000, approximately $461 per square foot. This property was built in 2005. 1 Oak Ln is a home located in Essex County with nearby schools including Essex Fells School, West Essex Middle School, and West Essex High School.

Last Agent to Sell the Property

ANNAMARIE CLEMENTI

WEST OF HUDSON REAL ESTATE Brokerage Phone: 973-337-6035 Listed on: 05/01/2024

Last Buyer's Agent

Sharon Gill

BHHS FOX & ROACH

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,947

Year Built

  • Built in 2005

Lot Details

  • 0.58 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,947

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Year Built: 2005
  • County Name: Essex
  • Street Number Display: 1
  • I D: 5284271
  • Modified: 2024-09-04
  • Number Images: 1
  • Attribution Contact: 973-337-6035
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 141X197 .576AC
  • Total Acres: 0.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Aug 27, 2024
Sold by
Sammarone Marcello and Duryea-Sammarone Debra A
Bought by
Dupree Michael and Dupree Alicia
Seller's Agent
ANNAMARIE CLEMENTI
WEST OF HUDSON REAL ESTATE
Buyer's Agent
Sharon Gill
BHHS FOX & ROACH
List Price
$2,650,000
Sold Price
$2,075,000
Premium/Discount to List
-$575,000
-21.7%
Views
53
Current Estimated Value
$2,285,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,050
Avg. Annual Appreciation
3.49%
Original Mortgage
$1,660,000
Outstanding Balance
$1,643,922
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$502,703

Purchase Details

Closed on
Apr 6, 2010
Sold by
Sammarone Marcello
Bought by
Sammarone Marcello and Duryea Sammarone Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Source: Public Records

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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 Type Sale Price Title Company
Deed $2,075,000 Atlantic Title & Settlement
Interfamily Deed Transfer -- Quality Title & Abstract Age
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $64,400 Credit Line Revolving
Open $1,660,000 New Conventional
Previous Owner $385,000 New Conventional
Previous Owner $951,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $2,075,000 -15.3% $462 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
07/15/2024 07/15/24 Price Changed $2,450,000 +6.5% $545 / Sq Ft
07/15/2024 07/15/24 Price Changed $2,300,000 -6.1% $512 / Sq Ft
06/01/2024 06/01/24 Price Changed $2,450,000 -7.5% $545 / Sq Ft
05/01/2024 05/01/24 For Sale $2,650,000 -- $590 / 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 $29,947 $1,560,300 $358,000 $1,202,300
2024 $29,947 $1,381,300 $358,000 $1,023,300
2022 $30,223 $1,381,300 $358,000 $1,023,300
2021 $30,223 $1,381,300 $358,000 $1,023,300
2020 $30,556 $1,499,300 $358,000 $1,141,300
2019 $29,386 $1,499,300 $358,000 $1,141,300
2018 $29,566 $1,499,300 $358,000 $1,141,300
2017 $30,486 $1,599,500 $358,000 $1,241,500
2016 $30,150 $1,484,500 $357,600 $1,126,900
2015 $30,061 $1,484,500 $357,600 $1,126,900
2014 $29,349 $1,484,500 $357,600 $1,126,900
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    ANNAMARIE CLEMENTI

    WEST OF HUDSON REAL ESTATE

  • Sharon Gill

    Buyer's Agent in 2024

    Sharon Gill

    BHHS FOX & ROACH

    (201) 323-1399

    1 in this area

    35 Total Sales

    Sharon Gill
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Map

Source: Garden State MLS

MLS Number: 3899121

Garden State MLS

APN: 06-00013-0000-00009

New Jersey Essex County Essex Fells 07021

1 Oak Ln, Essex Fells, NJ

This home is located at 1 Oak Ln, Essex Fells, NJ 07021 and is currently priced at $2,075,000, approximately $461 per square foot. This property was built in 2005. 1 Oak Ln is a home located in Essex County with nearby schools including Essex Fells School, West Essex Middle School, and West Essex High School.

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