NOT LISTED FOR SALE

144 Lake Rd Far Hills, NJ 07931

Estimated Value: $2,408,270 - $2,941,000

6 Beds
8 Baths
-- Sq Ft
15.17 Acres

Last Sold October 07, 2019

Last sale price $1,885,000

Est. 40% increase in value since last sale

Current estimated payment $15,823/month

154 Days on Market

Highlights

  • Barn or Stable
  • Custom Home
  • Family Room with Fireplace
  • Bedwell Elementary School Rated A
  • 15.17 Acre Lot
  • Wooded Lot

About This Home

As of October 2019

Unique converted barn in pastoral countryside setting- Pennbrook Farm constructed in early 1900's and renovated in 2004. The restoration process created a bright, airy, light filled home situated on 15 plus farm assessed acres. 2 bedroom cottage and two barns speak to the property's history as a working farm. Today a certified organic vegetable garden, apple and pear orchard carry on Pennbrook Farms agrarian legacy. Open floor plan includes 2 fireplaces, wood and mexican tile floors, soaring ceiling heights, beamed ceilings, classic crown moldings and numerous built-ins. Great cook's kitchen, 5 spacious bedrooms with walk in closets and built ins and all have own private bath or a shared full bath. 2 locations for Master bedroom. 2 car attached garage and a 4 car detached. Spectacular gardens- A must see!

Last Agent to Sell the Property

ROGER CHRISTMAN

WEICHERT REALTORS Listed on: 12/27/2018

Last Buyer's Agent

Kathryn Barcellona

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,306

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 15.17 Acre Lot
  • Open Lot
  • Wooded Lot

Parking

  • 6 Car Garage

Home Design

  • Custom Home
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Country Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Outbuilding

Schools

  • Bedwell Elementary School
  • Bernardsville Middle School
  • Bernardsville High School

Horse Facilities and Amenities

  • Barn or Stable

Utilities

  • Zoned Heating and Cooling System
  • Standard Electricity
  • Propane
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2707-00003-0000-00017-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,306

Year Built

Built in 1900 | Remodeled

Lot Details

0

Parking

6

Listing Details

  • Style: Custom Home, Extra House on Lot
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1900
  • Year Built Description: Approximate, Renovated
  • County Name: Somerset
  • Exclusions: on file
  • Renovated Year: 2004
  • Street Number Display: 144
  • Directions: Rt 202 to Lake Rd house on tight after Pennbrook.
  • I D: 4858916
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: ROGER
  • First Name3: KATHRYN
  • Last Name: CHRISTMAN
  • Last Name3: BARCELLONA
  • Office Phone3: 908-658-9000
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2004

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Library
  • Number of Fireplaces: 2
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer
  • Interior Amenities: Bar-Wet, TubShowr, StallShw, Walk-In Closet, Steam, High Ceilings, Cathedral Ceiling, Smoke Detector
  • Number Rooms: 15
  • Bedrooms: 6
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Primary Bathroom Features: Stall Shower, Steam
  • Bathrooms: 6.20
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Country Kitchen, Separate Dining Area
  • Kitchen Dim: 14x20
  • Kitchen Level: First
  • Living Room Dim: 26x31
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 13x15
  • Other Room1 Level: First
  • Other Room 2: Office
  • Other Room2 Dim: 16x25
  • Other Room2 Level: Second
  • Other Room 3: Breakfast
  • Other Room3 Dim: 10x20
  • Other Room3 Level: First
  • Other Room4 Dim: 19x21
  • Other Room4 Level: Second
  • Level 1 Rooms: Breakfast Room, Laundry Room, Utility Room, Library, 4 Or More Bedrooms, Living Room, Dining Room, Bath Main, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: 2 Bedrooms, Office, Bath Main, Bath(s) Other
  • Phone: 973-292-6400

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Barn/Stable, Patio, Workshop, Outbuilding(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Detached Garage
  • Number Garage Spaces: 6
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: Central Air, 4 Units
  • Fuel Type: GasPropO
  • Heating: Baseboard - Hotwater, Multi-Zone
  • Sewer: Septic
  • Utilities: Gas-Propane, Electric
  • Water: Well

Schools

  • Elementary School: BEDWELL
  • Middle School: BERNARDSVILLE
  • High School: BERNARDSVILLE
  • High School: BERNARDSVILLE
  • Middle Jr High School: BERNARDSVILLE

Lot Info

  • Assessed Improvement Value: 1293900
  • Assessed Land Value: 589000
  • Assessment: 1882900
  • Easement: Unknown
  • Farm Assessment: Yes
  • Lot Description: Open Lot, Wooded Lot
  • Lot Identifier: 17
  • Lot I D Tax: *
  • Total Acres: 15.17

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 25306
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2707-00003-0000-00017-0000-
  • Tax Rate Amount: 1.344
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: BEDWELL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2018
Closed on
Oct 16, 2019
Sold by
Gibson Jonathan W and Gibson Mona M
Bought by
144 Lake Road Llc
Seller's Agent
ROGER CHRISTMAN
WEICHERT REALTORS
Buyer's Agent
Kathryn Barcellona
COLDWELL BANKER REALTY
List Price
$2,550,000
Sold Price
$1,885,000
Premium/Discount to List
-$665,000
-26.08%
Current Estimated Value
$2,646,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$761,423
Avg. Annual Appreciation
5.84%
Original Mortgage
$1,413,750
Outstanding Balance
$1,242,991
Interest Rate
3.57%
Estimated Equity
$1,403,432

Purchase Details

Closed on
Mar 7, 2000
Sold by
Kean Robert
Bought by
Gibson Jonathan and Gibson Mona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
8.18%
Source: Public Records

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 Buyer Sale Price Title Company
144 Lake Road Llc $1,885,000 --
Gibson Jonathan $2,025,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 144 Lake Road Llc $1,413,750
Closed 144 Lake Road Llc --
Previous Owner Gibson Jonathan $1,425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2019 10/07/19 Sold $1,885,000 -26.1% --
05/30/2019 05/30/19 Pending -- -- --
12/27/2018 12/27/18 For Sale $2,550,000 -- --
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 $22,179 $1,858,600 $649,800 $1,208,800
2024 $22,179 $1,734,100 $600,300 $1,133,800
2023 $21,868 $1,657,900 $582,500 $1,075,400
2022 $21,334 $1,607,700 $565,600 $1,042,100
2021 $21,515 $1,571,500 $554,400 $1,017,100
2020 $21,515 $1,585,500 $554,400 $1,031,100
2019 $24,530 $1,807,700 $577,200 $1,230,500
2018 $25,306 $1,882,900 $589,000 $1,293,900
2017 $24,733 $1,890,900 $619,800 $1,271,100
2016 $24,844 $1,911,100 $645,300 $1,265,800
2015 $25,585 $1,969,600 $720,100 $1,249,500
2014 $25,098 $1,926,200 $713,200 $1,213,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    ROGER CHRISTMAN

    WEICHERT REALTORS

  • Kathryn Barcellona

    Buyer's Agent in 2019

    Kathryn Barcellona

    COLDWELL BANKER REALTY

    (908) 328-3232

    1 in this area

    161 Total Sales

    Kathryn Barcellona
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3521942

Garden State MLS

APN: 07-00003-0000-00017

New Jersey Somerset County Far Hills 07931

144 Lake Rd, Far Hills, NJ

This home is located at 144 Lake Rd, Far Hills, NJ 07931 since 27 December 2018 and is currently estimated at $2,646,423. This property was built in 1900. 144 Lake Rd is a home located in Somerset County with nearby schools including Bedwell Elementary School, Bernardsville Middle School, and Bernards High School.

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