Seller's Agent in 2024
Enkeleta Dekaj
Prominent Properties Sotheby's International Realty-Tenafly
(201) 250-4842
1 in this area
4 Total Sales
116 Lake Rd Demarest, NJ 07627
Estimated Value: $2,007,000 - $3,823,000
6
Beds
5.5
Baths
--
Sq Ft
0.3
Acres
Highlights
- New Construction
- En-Suite Primary Bedroom
- Rectangular Lot
- County Road Elementary School Rated A-
- Central Air
- Gas Fireplace
About This Home
As of July 2024Step into a world of modern luxury with this stunning, fully completed new construction home, 6 bedrooms, 5.5 baths, a finished basement, and a spacious 3-car garage. This exquisite residence is defined by its exceptional high-end finishes, an open floor plan with soaring ceilings, and large windows that flood the space with natural light, creating an undeniable flow and design that will capture your heart. Nestled in the coveted Demarest area, renowned for its award-winning schools, town pool, and exclusive private golf clubs. It's ideally situated for your convenience, close to shopping, dining, and with easy access to transportation to New York City. Adding a personal touch to this exceptional opportunity, the listing agent is related to the seller. Don't miss the chance to make this your new home, where modern luxury meets timeless elegance.
Last Agent to Sell the Property
Prominent Properties Sotheby's International Realty-Tenafly Listed on: 05/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,883
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 100 x 130
- Rectangular Lot
Parking
- 3 Car Garage
Home Design
- New Construction
Interior Spaces
- Gas Fireplace
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
Schools
- County Road Elementary School Lle
- Northern Valley Reg. High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 00004 / 00080
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2024
Closed on
Jul 22, 2024
Sold by
New Luxury Homes Llc
Bought by
Khare Shantanu and Gupta Priyanka
Seller's Agent
Enkeleta Dekaj
Prominent Properties Sotheby's International Realty-Tenafly
Buyer's Agent
Barri Plawker
Howard Hanna Rand Realty, Englewood Cliffs
List Price
$2,775,000
Sold Price
$2,700,000
Premium/Discount to List
-$75,000
-2.7%
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$77,076
Avg. Annual Appreciation
-2.83%
Purchase Details
Listed on
Jan 9, 2023
Closed on
Mar 9, 2023
Sold by
Kwon Ho Jun and Yun Jung
Bought by
New Luxury Homes Llc
Seller's Agent
Chung Hee Lee
RE/MAX Signature Homes
Buyer's Agent
Chung Hee Lee
RE/MAX Signature Homes
List Price
$790,000
Sold Price
$790,000
Views
58
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
146.86%
Purchase Details
Closed on
Jul 25, 2003
Sold by
Semon Thomas
Bought by
Kweon Ho Jun and Kown Yun Jung
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.27%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Khare Shantanu | $2,700,000 | Stewart Title | |
| New Luxury Homes Llc | $790,000 | -- | |
| Kweon Ho Jun | $552,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kweon Ho Jun | $100,000 | |
| Previous Owner | Kweon Ho Jun | $310,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2024 07/31/24 | Sold | $2,700,000 | -2.7% | -- |
| 05/23/2024 05/23/24 | Pending | -- | -- | -- |
| 05/03/2024 05/03/24 | For Sale | $2,775,000 | +251.3% | -- |
| 03/22/2023 03/22/23 | Sold | $790,000 | 0.0% | -- |
| 01/27/2023 01/27/23 | Pending | -- | -- | -- |
| 01/09/2023 01/09/23 | For Sale | $790,000 | -- | -- |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $17,883 | $2,486,900 | $768,400 | $1,718,500 |
| 2024 | $17,070 | $585,000 | $434,200 | $150,800 |
| 2023 | $16,608 | $585,000 | $434,200 | $150,800 |
| 2022 | $16,608 | $585,000 | $434,200 | $150,800 |
| 2021 | $16,199 | $585,000 | $434,200 | $150,800 |
| 2020 | $15,818 | $585,000 | $434,200 | $150,800 |
| 2019 | $15,362 | $585,000 | $434,200 | $150,800 |
| 2018 | $14,888 | $585,000 | $434,200 | $150,800 |
| 2017 | $14,531 | $585,000 | $434,200 | $150,800 |
| 2016 | $14,303 | $585,000 | $434,200 | $150,800 |
| 2015 | $14,110 | $585,000 | $434,200 | $150,800 |
| 2014 | $13,806 | $585,000 | $434,200 | $150,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Barri Plawker
Rand Realty
(201) 615-6759
4 in this area
57 Total Sales
-
Seller's Agent in 2023
Chung Hee Lee
RE/MAX
(201) 925-2184
1 in this area
45 Total Sales
Map
Source: New Jersey MLS
MLS Number: 24013591
APN: 09-00080-02-00004-01
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
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