$2,380,000
SOLD OCT 7, 2024

123 Orchard Rd Demarest, NJ 07627

5 Beds
5.5 Baths
-- Sq Ft
0.29 Acres

Recently Sold

6% Below List Price

18 Days on Market

Highlights

  • En-Suite Primary Bedroom
  • County Road Elementary School Rated A-
  • Central Air

About This Home

As of October 2024

Modern luxury! 8 years young and boasting all the bells and whistles, this 5-bedroom, 5 1/2-bathroom home is exquisite! Enter onto this private street to find all beautiful living spaces. Handsome dining area, formal living room and a true chef's kitchen featuring top-tier appliances, stunning center island, pantry and breakfast nook that opens to family room with fireplace. Second level boasts true primary suite with walk-in-closet, sitting area, office, and luxurious bathroom. Additional bedroom suites offer the same modern feel and great light. Lower level boasts rec room, wet bar and extended suite for guests. Entertain in style in the lush backyard property with patio. Gorgeous details throughout make this elegant residence truly special. A must see!

Last Agent to Sell the Property

Orna Jackson

Prominent Properties Sotheby's International Realty-Tenafly Listed on: 07/22/2024

Prominent Properties Sotheby's International Realty-Tenafly

Last Buyer's Agent

Orna Jackson

Prominent Properties Sotheby's International Realty-Tenafly Listed on: 07/22/2024

Prominent Properties Sotheby's International Realty-Tenafly

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,159

Lot Details

  • 0.29 Acre Lot
  • Irregular Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Demarest Middle School
  • Nv Demarest High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00011 / 00069

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,159

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Irregular Lot
  • View Type:Pond View: South
  • Co List Office Phone: 201-568-5668
  • MLS Status: Sold - Sold
  • Directions: Lake Road to Orchard Road
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 2010's
  • PropertySubTypeAdditional: Sidehall
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: FULLY FINISHED: REC/BILLIARD RM, BDR W/FBTH, GYM, W/D, UTILITY/STORAGE

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Other

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Zoned

Schools

  • High School: NV Demarest
  • Middle Or Junior School: Demarest M.S.

Lot Info

  • Lot Size Sq Ft: 12589.0

Tax Info

  • Tax Annual Amount: 37159.0
  • Tax Block: 00069
  • Tax Lot: 00011

MLS Schools

  • High School Text: NV Demarest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Sep 26, 2024
Sold by
Maeng Jason and An Sophia
Bought by
Pundak Golan and Rosen Rivka
Seller's Agent
Orna Jackson
Prominent Properties Sotheby's International Realty-Tenafly
Buyer's Agent
Orna Jackson
Prominent Properties Sotheby's International Realty-Tenafly
List Price
$2,525,000
Sold Price
$2,380,000
Premium/Discount to List
-$145,000
-5.74%
Views
23
Current Estimated Value
$2,577,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,541
Avg. Annual Appreciation
10.21%
Original Mortgage
$1,336,500
Outstanding Balance
$1,327,622
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$1,249,919

Purchase Details

Listed on
Mar 26, 2022
Closed on
Aug 9, 2022
Sold by
Ginsburg Andrew B and Ginsburg Lisa E
Bought by
Maeng Jason and An Sophia
Seller's Agent
Josh Baris
Coldwell Banker, Fort Lee
Buyer's Agent
Christina Gibbons
Christie's International Real Estate Group-Ridgewood
List Price
$2,488,000
Sold Price
$2,300,000
Premium/Discount to List
-$188,000
-7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$750,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2016
Sold by
123 Orchard Llc
Bought by
Ginsburg Andrew B and Ginsburg Lisa E

Purchase Details

Closed on
Aug 10, 2015
Sold by
Rover George L and Rover Cecelia M
Bought by
119 Orchard Limited Liability Company
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 Type Sale Price Title Company
Bargain Sale Deed $2,380,000 Chicago Title
Bargain Sale Deed $2,380,000 Chicago Title
Bargain Sale Deed $2,300,000 First American Title
Deed $1,650,000 First American Title Insuran
Deed $650,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,336,500 New Conventional
Closed $1,336,500 New Conventional
Previous Owner $750,000 New Conventional
Previous Owner $750,000 New Conventional
Previous Owner $725,000 Commercial
Previous Owner $350,000 Second Mortgage Made To Cover Down Payment
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 Sold $2,380,000 -5.7% --
08/09/2024 08/09/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $2,525,000 +9.8% --
08/15/2022 08/15/22 Sold $2,300,000 -7.6% --
07/01/2022 07/01/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $2,488,000 0.0% --
05/11/2022 05/11/22 Pending -- -- --
03/26/2022 03/26/22 For Sale $2,488,000 -- --
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 $36,218 $1,241,200 $397,800 $843,400
2023 $35,238 $1,241,200 $397,800 $843,400
2022 $35,238 $1,241,200 $397,800 $843,400
2021 $34,369 $1,241,200 $397,800 $843,400
2020 $33,562 $1,241,200 $397,800 $843,400
2019 $32,594 $1,241,200 $397,800 $843,400
2018 $31,589 $1,241,200 $397,800 $843,400
2017 $30,831 $1,241,200 $397,800 $843,400
2016 $9,726 $397,800 $397,800 $0
2015 $12,685 $525,900 $397,800 $128,100
2014 $12,411 $525,900 $397,800 $128,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24023544

New Jersey MLS

APN: 09-00069-0000-00011