NOT LISTED FOR SALE

16 Bonning Rd Newton, NJ 07860

Estimated Value: $775,000 - $924,000

3 Beds
3.5 Baths
2,691 Sq Ft
$316/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $650,000 $242 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,564/month

185 Days on Market

Highlights

  • Lake Front
  • Custom Home
  • Deck
  • Docks
  • Lake Privileges
  • Main Floor Bedroom

About This Home

As of November 2020

Impressive year-round lakefront home with a whopping 250 feet of lake frontage and a total of 1.2 acres on gorgeous Lake Owassa!! Motorboat and waterski on this pristine natural lake located just 90 minutes from NYC!!! Home features first floor master suite w cathedral ceiling and exposed beams, Great Room w 2-story fireplace, gourmet kitchen w 6-burner gas stove, Sun Room w large picture window facing lake, full walkout basement and 2-car garage!! There is no wider lot on Lake Owassa - this is your opportunity to purchase the crown jewel property on this very special lake!!

Last Agent to Sell the Property

CHRIS GIUGLIANO

CLEARVIEW REALTY Listed on: 03/03/2020

Last Buyer's Agent

CHRIS GIUGLIANO

CLEARVIEW REALTY Listed on: 03/03/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,434

Year Renovated

  • 2018

Lot Details

  • 1.22 Acre Lot
  • Lake Front

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Additional Parking

Home Design

  • Custom Home
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,691 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Great Room with Fireplace
  • Home Office
  • Workshop
  • Sun or Florida Room
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Powder Room
  • Jetted Tub in Primary Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Docks
  • Lake Privileges
  • Deck
  • Patio
  • Gazebo

Schools

  • Frankford Elementary School
  • High Point

Utilities

  • Radiant Heating System
  • Standard Electricity
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2805-00263-0000-00001-0000-

Community Details

Recreation

  • Powered Boats Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,434

Year Renovated

2018

Lot Details

0

HOA Fees

$22 per month

Parking

2

Listing Details

  • Style: Custom Home, Lakestyle
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 9999
  • Year Built Description: Renovated
  • County Name: Sussex
  • Directions: Route 206N to LEFT on W Owassa Tpk to LEFT on Bonning Road
  • I D: 4968050
  • Section Subdiv Development: Lake Owassa
  • First Name: CHRIS
  • First Name3: CHRIS
  • Last Name: GIUGLIANO
  • Last Name3: GIUGLIANO
  • Office Phone: 973-948-4004
  • Office Phone3: 973-948-4004
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Flooring: Laminate, Tile
  • Fireplace Description: Great Room, Insert, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Range/Oven-Gas
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Jetted Tub
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished, Walkout
  • Basement Level Rooms: Walkout, Workshop
  • Den Level: First
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen
  • Kitchen Dim: 18x15
  • Kitchen Level: First
  • Living Room Dim: 22x17
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Dim: 15x10
  • Other Room1 Level: First
  • Other Room 2: Laundry Room
  • Other Room2 Dim: 12x8
  • Other Room2 Level: First
  • Other Room 3: Office
  • Other Room3 Dim: 15x7
  • Other Room3 Level: Second
  • Other Room 4: SittngRm
  • Other Room4 Dim: 16x9
  • Other Room4 Level: Second
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Den, Great Room, Kitchen, Laundry Room, Powder Room, Sunroom
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Office, SittngRm
  • Estimated Sq Ft: 2691
  • Phone: 973-948-4004

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Dock, Gazebo, Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: Additional Parking, Blacktop

Utilities

  • Cooling: Ceiling Fan
  • Fuel Type: OilAbIn
  • Heating: Baseboard - Hotwater, Radiant - Hot Water
  • Sewer: Septic
  • Utilities: Electric
  • Water: Well

Condo/Co-op/Association

  • Amenities: Boats - Gas Powered Allowed, Lake Privileges
  • Association Maintenance Fee: 265
  • Association Maintenance Fee Frequency: Annually

Schools

  • High School: HIGH POINT

Lot Info

  • Lot Size: 250X212
  • Easement: Unknown
  • Lot Description: Lake Front
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.22
  • Zoning: rES

Rental Info

  • Application Fee: 750

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11434
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2805-00263-0000-00001-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.577
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: FRANKFORD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
Nov 16, 2020
Sold by
Weissman Steven P and Saiff Wendy
Bought by
Palma Mark D and Palma Julie M
Seller's Agent
CHRIS GIUGLIANO
CLEARVIEW REALTY
Buyer's Agent
CHRIS GIUGLIANO
CLEARVIEW REALTY
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Current Estimated Value
$849,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,081
Avg. Annual Appreciation
5.44%
Original Mortgage
$250,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2008
Sold by
Hammell Celeste S
Bought by
Weissman Steven P and Saiff Wendy

Purchase Details

Closed on
Dec 15, 2007
Sold by
Hammell James M and Hammell Celeste S
Bought by
Hammell Celeste S

Purchase Details

Closed on
Dec 21, 1998
Sold by
Holmes Donald and Holmes Lois
Bought by
Hammell James M and Hammell Celeste S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palma Mark D $650,000 None Listed On Document
Weissman Steven P $625,000 New Jersey Title Ins Co
Hammell Celeste S -- None Available
Hammell James M $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palma Mark D $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2020 11/16/20 Sold $650,000 -3.7% $242 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $675,000 0.0% $251 / Sq Ft
04/06/2020 04/06/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $675,000 -- $251 / 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 $12,854 $432,200 $278,200 $154,000
2024 $12,469 $432,200 $278,200 $154,000
2023 $12,469 $432,200 $278,200 $154,000
2022 $13,107 $465,600 $278,200 $187,400
2021 $12,113 $443,700 $275,000 $168,700
2020 $11,767 $443,700 $275,000 $168,700
2019 $11,434 $443,700 $275,000 $168,700
2018 $11,328 $443,700 $275,000 $168,700
2017 $11,288 $443,700 $275,000 $168,700
2016 $11,430 $443,700 $275,000 $168,700
2015 $11,372 $443,700 $275,000 $168,700
2014 $11,634 $443,700 $275,000 $168,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    CHRIS GIUGLIANO

    CLEARVIEW REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3620914

Garden State MLS

APN: 05-00263-0000-00001

New Jersey Sussex County Newton 07860

16 Bonning Rd, Newton, NJ

Not Listed for Sale

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