$345,000
SOLD OCT 31, 2024

16 Budd Ave Budd Lake, NJ 07828

2 Beds
1 Bath
816 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$423 Per Sq Ft

8% Above List Price

13 Days on Market

About This Home

As of October 2024

This home is located at 16 Budd Ave, Budd Lake, NJ 07828 and is currently priced at $345,000, approximately $422 per square foot. This property was built in 1928. 16 Budd Ave is a home located in Morris County with nearby schools including Mt Olive Middle School and Mount Olive High School.

Last Agent to Sell the Property

HECTOR VALLE JR

REALTY EXECUTIVES EXCEPTIONAL Brokerage Phone: 973-361-9090 Listed on: 08/01/2024

Last Buyer's Agent

JENIFER ZACCARDO

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,486

Year Built

  • Built in 1928

Lot Details

  • 6,970 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,486

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Year Built: 1928
  • County Name: Morris
  • Street Number Display: 16
  • I D: 5304371
  • Modified: 2025-05-07
  • Number Images: 1
  • Attribution Contact: 973-361-9090
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 50X143
  • Total Acres: 0.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Oct 22, 2024
Sold by
Jun Realty Investments Llc
Bought by
Mccarthy Jenna
Seller's Agent
HECTOR VALLE JR
REALTY EXECUTIVES EXCEPTIONAL
Buyer's Agent
JENIFER ZACCARDO
EXP REALTY, LLC
List Price
$319,900
Sold Price
$345,000
Premium/Discount to List
$25,100
7.85%
Views
54
Current Estimated Value
$338,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,095
Avg. Annual Appreciation
-2.80%
Original Mortgage
$334,650
Outstanding Balance
$333,005
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$4,248

Purchase Details

Closed on
May 9, 2024
Sold by
Morris County Sheriff
Bought by
Homes By Christopher Llc and Freedom Mortgage Corporation

Purchase Details

Listed on
Apr 20, 2022
Closed on
May 13, 2022
Sold by
Sybesma Karson E and Sybesma Brooke E
Bought by
Gonzalez Karilix Munoz
Seller's Agent
Sophie Marshall
ADDISON REAL ESTATE
Buyer's Agent
Magaly Lopez
ADDISON REAL ESTATE
List Price
$230,000
Sold Price
$250,000
Premium/Discount to List
$20,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$245,471
Interest Rate
5.81%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 11, 2021
Sold by
Niquette Brooke E and Sybesma Karson Damni
Bought by
Sybesma Brooke E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 19, 2015
Closed on
Jan 15, 2016
Sold by
Frost Sara
Bought by
Niquette Brooke E
Seller's Agent
REBECCA BACKER
COLDWELL BANKER REALTY
Buyer's Agent
ANN GEGELYS
KL SOTHEBY'S INT'L. REALTY
List Price
$132,500
Sold Price
$129,000
Premium/Discount to List
-$3,500
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$132,647
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2007
Sold by
Wainen Linda
Bought by
Frost Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2005
Sold by
Longo Robert
Bought by
Wainen Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
5.79%
Mortgage Type
New Conventional
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 $345,000 First American Title
Bargain Sale Deed $345,000 First American Title
Sheriffs Deed $265,157 None Listed On Document
Deed $250,000 Sunrise Title Services
Interfamily Deed Transfer -- Stewart Title
Deed $129,000 Agility Title Llc
Deed $227,000 Chicago Title Insurance Co
Deed $225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $334,650 New Conventional
Closed $334,650 New Conventional
Previous Owner $245,471 FHA
Previous Owner $172,000 New Conventional
Previous Owner $132,647 New Conventional
Previous Owner $55,000 Purchase Money Mortgage
Previous Owner $199,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $345,000 +7.8% $423 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $319,900 +28.0% $392 / Sq Ft
05/17/2022 05/17/22 Sold $250,000 +8.7% $306 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $230,000 +78.3% $282 / Sq Ft
01/28/2016 01/28/16 Sold $129,000 -2.6% $158 / Sq Ft
11/25/2015 11/25/15 Pending -- -- --
11/19/2015 11/19/15 For Sale $132,500 -- $162 / 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
2024 $5,486 $166,900 $112,100 $54,800
2023 $5,486 $166,900 $112,100 $54,800
2022 $5,605 $166,900 $112,100 $54,800
2021 $5,605 $166,900 $112,100 $54,800
2020 $5,529 $166,900 $112,100 $54,800
2019 $5,511 $166,900 $112,100 $54,800
2018 $5,458 $166,900 $112,100 $54,800
2017 $5,363 $166,900 $112,100 $54,800
2016 $5,192 $166,900 $112,100 $54,800
2015 $5,314 $166,900 $112,100 $54,800
2014 $5,319 $166,900 $112,100 $54,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3916680

Garden State MLS

APN: 27-03201-0000-00061