NOT LISTED FOR SALE

1097 Korfitsen Rd New Milford, NJ 07646

Estimated Value: $993,000 - $1,605,000

6 Beds
5 Baths
3,856 Sq Ft
$371/Sq Ft Est. Value

About This Home

This home is located at 1097 Korfitsen Rd, New Milford, NJ 07646 and is currently estimated at $1,431,378, approximately $371 per square foot. 1097 Korfitsen Rd is a home located in Bergen County with nearby schools including Bergenfield High School, Hovnanian School, and Grace Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2021
Sold by
Schwartz Derrick and Schwartz Deborah
Bought by
Botwinick Irving and Botwinick Ellen
Current Estimated Value
$1,606,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$791,000
Outstanding Balance
$727,550
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$878,988

Purchase Details

Closed on
Sep 16, 2014
Sold by
Arutt Robert and Arutt Christine
Bought by
347 New Bridge Rd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2013
Sold by
Montanile Joseph A
Bought by
1097 Korfisten Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.97%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Botwinick Irving $1,200,000 Stewart Title Guaranty Co
347 New Bridge Rd $340,000 --
1097 Korfisten Llc $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Botwinick Irving $791,000
Previous Owner Schwartz Derrick $180,015
Previous Owner Schwartz Derrick $693,750
Previous Owner 347 New Bridge Rd $500,000
Previous Owner Schwartz Derrick $505,000
Previous Owner 1097 Korfitsen Llc $850,000
Previous Owner Korfitsen Llc $350,000
Previous Owner 1097 Korfisten Llc $350,000
Previous Owner Montanile Joseph A $90,000
Source: Public Records

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 $25,138 $1,235,700 $410,300 $825,400
2024 $24,390 $623,000 $168,500 $454,500
2023 $23,194 $623,000 $168,500 $454,500
2022 $23,194 $623,000 $168,500 $454,500
2021 $22,220 $609,100 $168,500 $440,600
2020 $21,958 $609,100 $168,500 $440,600
2019 $21,580 $609,100 $168,500 $440,600
2018 $21,014 $609,100 $168,500 $440,600
2017 $20,588 $609,100 $168,500 $440,600
2016 $20,234 $609,100 $168,500 $440,600
2015 $19,826 $609,100 $168,500 $440,600
2014 $19,235 $208,200 $168,500 $39,700
Source: Public Records

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