NOT LISTED FOR SALE

116 Mount Olive Rd Flanders, NJ 07836

Estimated Value: $617,000 - $705,258

4 Beds
2 Baths
2,327 Sq Ft
$283/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $320,000 $138 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,443/month

232 Days on Market

Highlights

  • Second Kitchen
  • 0.5 Acre Lot
  • Cathedral Ceiling
  • Mount Olive High School Rated A
  • Deck
  • Main Floor Bedroom

About This Home

As of May 2017

Oversized Bi-Level home on 1/2 acre property very private backs up to wooded lot. 4 Bedroom - 2 Full Bath with an in-law suite in the walk out lower level. HOME WARRANTY The in-law suite has a bedroom, full bath, kitchen and family room. Spacious main floor eat-in kitchen and formal dining room. Formal living room with gas fireplace. Two large storage rooms on the ground floor. Backs up to State property.

Last Agent to Sell the Property

Bob Gannon

KELLER WILLIAMS PROSPERITY REALTY Listed on: 07/20/2016

KELLER WILLIAMS PROSPERITY REALTY

Last Buyer's Agent

Douglas Weaver

RE/MAX TOWN & VALLEY

RE/MAX TOWN & VALLEY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,255

Year Built

  • Built in 1963

Lot Details

  • 0.5 Acre Lot
  • Level Lot
  • Open Lot
  • Property is zoned R-2

Parking

  • 5 Parking Spaces

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,327 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Heatilator
  • Gas Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Storage Room
  • Exterior Basement Entry
  • Attic

Kitchen

  • Country Kitchen
  • Second Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • Mt.Olive Middle School
  • Mt.Olive High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Zoned Heating and Cooling System
  • Standard Electricity
  • Propane
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2327-07801-0000-00042-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,255

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Style: Bi-Level
  • Primary Style: Bi-Level
  • Subproperty Type: Single Family
  • Year Built: 1963
  • Year Built Description: Approximate
  • County Name: Morris
  • Renovated Year: 2014
  • Street Number Display: 116
  • Directions: Route 46 East or West to Mt. Olive Road to #116 on right
  • I D: 4644147
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: ROBERT E
  • First Name3: DOUGLAS
  • Last Name: GANNON
  • Last Name3: WEAVER
  • Office Phone: 973-334-1416
  • Office Phone3: 908-852-1333
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2014

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Laminate
  • Fireplace Description: Gas Fireplace, Heatolator
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Electric, Washer, Dishwasher, Self Cleaning Oven, Dryer, Microwave Oven
  • Interior Amenities: Fire Extinguisher, Carbon Monoxide Detector, Cathedral Ceiling, Smoke Detector
  • Number Rooms: 12
  • Bedrooms: 4
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Ground
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Slab
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: Ground
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Kitchen, Full Bath
  • Kitchen Area: Country Kitchen, Second Kitchen
  • Kitchen Dim: 10x11
  • Kitchen Level: First
  • Living Room Dim: 17x16
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 10x19
  • Other Room1 Level: Ground
  • Other Room 2: Storage Room
  • Other Room2 Level: Ground
  • Other Room 3: Office
  • Other Room3 Level: Ground
  • Level 1 Rooms: Family Room, Kitchen, 3 Bedrooms, Foyer, Dining Room, Living Room, Bath Main
  • Level 2 Rooms: Attic
  • Estimated Sq Ft: 2327
  • Ground Level Rooms: 1 Bedroom, Bath(s) Other, Family Room, Kitchen, Storage Room, Laundry Room, Office, Outside Entrance
  • Phone: 908-867-2050

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Deck, Sidewalk, Storage Shed, Thermal Windows/Doors, Storm Door(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 5
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air
  • Fuel Type: OilAbOut
  • Heating: 1 Unit, Baseboard - Hotwater, Multi-Zone
  • Sewer: Septic
  • Utilities: Gas-Propane, Electric
  • Water: Well

Condo/Co-op/Association

  • Home Warranty: Yes

Schools

  • Middle School: MT.Olive MS
  • High School: MT.Olive HS
  • High School: MT.Olive HS
  • Middle Jr High School: MT.Olive MS

Lot Info

  • Lot Size: 100X216
  • Assessed Improvement Value: 185900
  • Assessed Land Value: 136200
  • Assessment: 322100
  • Easement: Unknown
  • Lot Description: Backs to Park Land, Open Lot, Level Lot
  • Lot Identifier: 42
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.50
  • Zoning: R-2

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10255
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2327-07801-0000-00042-0000-
  • Tax Rate Amount: 3.087
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2016
Closed on
Jun 2, 2017
Sold by
Neglio Michael T
Bought by
Heller Elizabeth
Seller's Agent
Bob Gannon
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
Douglas Weaver
RE/MAX TOWN & VALLEY
List Price
$328,900
Sold Price
$320,000
Premium/Discount to List
-$8,900
-2.71%
Current Estimated Value
$659,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,065
Avg. Annual Appreciation
9.03%
Original Mortgage
$256,000
Outstanding Balance
$209,836
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$449,229

Purchase Details

Closed on
Jul 25, 1996
Sold by
Bianculli Stephen and Bianculli Patricia
Bought by
Neglio Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8.27%
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
Heller Elizabeth $320,000 None Available
Neglio Michael T $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heller Elizabeth $256,000
Previous Owner Neglio Michael T $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2017 05/31/17 Sold $320,000 -2.7% $138 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
07/20/2016 07/20/16 For Sale $328,900 -- $141 / 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 $11,225 $322,100 $136,200 $185,900
2024 $10,587 $322,100 $136,200 $185,900
2023 $10,587 $322,100 $136,200 $185,900
2022 $10,816 $322,100 $136,200 $185,900
2021 $10,816 $322,100 $136,200 $185,900
2020 $10,671 $322,100 $136,200 $185,900
2019 $10,636 $322,100 $136,200 $185,900
2018 $10,533 $322,100 $136,200 $185,900
2017 $10,349 $322,100 $136,200 $185,900
2016 $10,021 $322,100 $136,200 $185,900
2015 $10,256 $322,100 $136,200 $185,900
2014 $10,265 $322,100 $136,200 $185,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3323612

Garden State MLS

APN: 27-07801-0000-00042