NOT LISTED FOR SALE

16 Old Timber Trail Boonton, NJ 07005

Estimated Value: $1,405,000 - $2,234,000

-- Bed
-- Bath
6,036 Sq Ft
$309/Sq Ft Est. Value

About This Home

This home is located at 16 Old Timber Trail, Boonton, NJ 07005 and is currently estimated at $1,865,583, approximately $309 per square foot. 16 Old Timber Trail is a home located in Morris County with nearby schools including Rockaway Valley Elementary School, Our Lady of Mount Carmel School, and The Craig School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2017
Sold by
Wasserman Jeffrey and Wasserman Abigail
Bought by
Wasserman Abial
Current Estimated Value
$1,865,583

Purchase Details

Closed on
Sep 15, 2016
Sold by
Mirchandani Parkash and Mirchandani Diksha
Bought by
Wasserman Jeffrey and Wasserman Abigail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$842,596
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 18, 2002
Sold by
Jerome Custom
Bought by
Mirchandani Parkash and Mirchandani Diksha

Purchase Details

Closed on
Apr 20, 2000
Sold by
Hawk Hill Inc
Bought by
Jerome/Custom Living Llc

Purchase Details

Closed on
Nov 2, 1999
Sold by
Hawk Hill Inc
Bought by
Cornerstone Management Inc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Wasserman Abial -- None Available
Wasserman Jeffrey $1,524,500 None Available
Mirchandani Parkash $925,000 --
Cornerstone Management Inc $350,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wasserman Jeffrey $1,050,000
Previous Owner Mirchandani Parkash $506,000
Source: Public Records

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 $33,105 $1,336,500 $459,100 $877,400
2023 $33,105 $1,336,500 $459,100 $877,400
2022 $31,742 $1,336,500 $459,100 $877,400
2021 $31,742 $1,336,500 $459,100 $877,400
2020 $31,368 $1,336,500 $459,100 $877,400
2019 $30,940 $1,336,500 $459,100 $877,400
2018 $30,125 $1,336,500 $459,100 $877,400
2017 $29,684 $1,336,500 $459,100 $877,400
2016 $29,296 $1,336,500 $459,100 $877,400
2015 $29,296 $1,336,500 $459,100 $877,400
2014 $29,162 $1,336,500 $459,100 $877,400
Source: Public Records

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