Seller's Agent in 2020
Lina Negrey
Coldwell Banker Realty
(732) 614-9010
8 in this area
39 Total Sales
1902 Lafayette Ct Wall Township, NJ 07719
Wall Township NeighborhoodEstimated Value: $3,685,214 - $4,233,000
8
Beds
6.5
Baths
10,526
Sq Ft
$371/Sq Ft
Est. Value
Highlights
- Basketball Court
- Senior Community
- 5.37 Acre Lot
- Pool House
- Custom Home
- Fireplace in Primary Bedroom
About This Home
As of September 2020Finally, Wall Township's most exclusive estate is up for grabs! This extraordinary Home, built by the area's most prestigious developer as his own, and unlike any other, is massive in size without being ostentatious, and was created with the best of everything. No expense was spared at any level, from the basic construction materials, to the ac units, to the top of the line light fixtures. This timeless classic, ideal for every season, is perfectly situated on a secluded 5.5-acre parcel set on a small, quiet cul-de-sac that is surrounded by mature trees and majestic forests. Unlike ANY other property of this magnitude in Wall Township, this home site alone offers complete seclusion from every angle; there are no other homes visible, just views of spectacular foliage and expansive lawns Once you step through the main front door, you enter a home worthy of Architectural Digest. The elegant grand foyer with cathedral ceilings, richly designed white wood paneling, massive crystal chandelier with lighting Genie, and curved fluted staircase has two large doorways: To the left sits a formal living room with intricate wood fireplace, and more detailed woodwork. The second doorway passes under the graceful staircase and leads into an expansive family room with wood burning fireplace, intricate coffered ceiling, and an expansive rear wall comprised entirely of French doors that lead out to a large, rambling covered back porch that incorporates mahogany ceilings and a built in brick Viking grill, and overlooks an incredible view of the picturesque rear yard pool area and gardens. The open floor plan of this house, perfect for entertaining, is evident as the family room flows into a newly renovated jaw-dropping gourmet kitchen that boasts a massive quartz topped island, and an inviting peninsula like keeping room of all windows, flanked by a handsome stacked stone gas fireplace. Every window offers views of pure greenery. All new appliances, including a Wolfe double over and range, plus two Thermador double wall ovens, a Subzero unit, and Miele dishwasher, are surrounded by beautifully done wood cabinetry, and there is also a separate "work kitchen" located through a swinging door that includes a s/s refrigerator, a large under window sink, microwave and was designed to house all the auxiliary appliances. The elegant dining room, located next to the family room and kitchen, is again, finished with tasteful woodwork and a breathtaking Schonbek chandelier and wall sconces. Also located on the main level, is a built in granite wet bar with a wine cabinet, cooler and storage closets, a guest room, one full bath and one half bath. A competing focal point of the main level of the house is the separate wing known as the grand library. This one of a kind, two story library cum art gallery, has a mahogany floating curved staircase that leads to a second floor wrap around cat walk with ornate iron railings, two separate sitting areas with huge palladium windows, and offers guests an extraordinary view of the inlaid marble first floor. On the first level, there is a massive gas fireplace, built ins, and partial coffered ceilings under the catwalks, with woodwork galore. This room is also perfect for huge family gatherings and somehow manages to be cozy despite its size. If that is not enough, two wood pocket doors lead into a plush movie theatre complete with a massive viewing screen with surround sound, Zen lighting, and seven overstuffed leather chairs that recline back, enabling you to watch in complete luxury. One the second floor of the main house, all accessible from the top landing of the grand foyer, sits four bedrooms. Three of the bedrooms all feature ample closet space and walk ins, tray ceilings, large windows, and a large full bath. There is also a second level laundry room. The master suite is enormous in size and features French doors that leads to a romantic balcony with panoramic views of the entire estate, a huge carved stone gas fireplace, a circular window lined sitting room, and two completely separate his and hers walk in closets. There is also a "safe room" accessed by a push lock three thousand pound steel door, that contains hardwiring to phone the Wall Township police, whose headquarters are conveniently located literally 30 seconds away! On the fourth and final level of the main house sits a huge finished off attic, accessible by the back staircase, and features another bedroom a sitting room and ample closet space. There is a separate teenage/in-law wing which is located over the four car, drive through garage and features a large sitting room, huge walk in closet and bathroom, and a charming cottage like bedroom. On the lower level of this home sits a walk out basement, with 9' ceilings, beautiful woodwork, and French doors in every one of its rooms. There is another teenage/in-law suite that includes a gigantic bedroom, a sitting room, a large walk in closet, and a full bath and separate powder room. There is also a very large family room with plumbing hook ups for a possible second kitchen, a gym with floor to ceiling mirrors, a game room, a train room with hand painted walls created to dazzle every child who enters, and a woodworking shop. There is also yet another bedroom/study. The French doors to all rooms lead out to a long serene, brick lined loggia featuring a genuine stone cascading wall fountain that adds a charming sound to the quiet surroundings. The ceilings are mahogany as well, and there is a unique large wood burning fireplace, as well as an enchanting koi pond filled with colorful fish. This is a perfect area to gather on a cool fall night for a glass of wine. There is also cable hook up for a flat screen. The loggia offers incredible views of the pool area. The pool is a natural shaped gunite zero entry pool, which allows for guests and small children to frolic about freely about the shallow end, which then steps down to the main pool which has the traditional low and deep end. There is an elevated round hot tub that juts out over the deep end with a spillover waterfall into the main pool. Brick pavers surround the area, and there is a quaint pool house that has a large kitchen sitting area, a large bathroom with shower, and is equipped with both ac and heat. Again, the surrounding mature trees evidence complete seclusion. Other incredible features worth mentioning are the commercial sized back up generator, recently installed after Super storm Sandy, and capable of powering up a good portion of the main house, as well as a half regulation size outdoor seasonal ice rink which can be placed in the pasture area and has the added advantage of 70' commercial outdoor lighting, a central vac system, an electric broom component in the main kitchen, close proximity to Monmouth Executive airport and the GSP. This 8 bedroom, 7 bathroom, estate was built in 2002 but has been had only one owner, and has been meticulously maintained since that time.
Last Agent to Sell the Property
Coldwell Banker Realty License #0447907 Listed on: 03/09/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $39,219
Year Built
- Built in 2002
Lot Details
- 5.37 Acre Lot
- Fenced
- Oversized Lot
- Sprinkler System
Parking
- 4 Car Attached Garage
- Circular Driveway
- Paver Block
Home Design
- Custom Home
- Colonial Architecture
- Brick Exterior Construction
- Asphalt Rolled Roof
- Vinyl Siding
Interior Spaces
- 10,526 Sq Ft Home
- 3-Story Property
- Central Vacuum
- Crown Molding
- 5 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- Double Door Entry
- French Doors
- Great Room
- Sitting Room
- Living Room
- Breakfast Room
- Dining Room
- Home Office
- Recreation Room
- Wood Flooring
- Home Security System
Kitchen
- Butlers Pantry
- Stove
- Microwave
- Kitchen Island
Bedrooms and Bathrooms
- 8 Bedrooms
- Fireplace in Primary Bedroom
- Dual Vanity Sinks in Primary Bathroom
- Primary Bathroom Bathtub Only
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
Finished Basement
- Heated Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Pool
- Pool House
- In Ground Pool
- Spa
- Gunite Pool
Outdoor Features
- Basketball Court
- Patio
- Terrace
- Exterior Lighting
- Outbuilding
Schools
- Wall Intermediate
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- Senior Community
- No Home Owners Association
Listing and Financial Details
- Exclusions: Personal belongings
- Assessor Parcel Number 52-00804-0000-00025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2020
Closed on
Aug 27, 2020
Sold by
Cernero Marlene Santaniello and Cernero Childrens Trust
Bought by
Savi Erik and Savi Linda
Seller's Agent
Lina Negrey
Coldwell Banker Realty
Buyer's Agent
Dawn Mcdonough
D'Amico & McConnell Realtors
List Price
$2,999,998
Sold Price
$2,700,000
Premium/Discount to List
-$299,998
-10%
Total Days on Market
129
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,202,405
Avg. Annual Appreciation
8.06%
Original Mortgage
$1,700,000
Outstanding Balance
$1,523,077
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,379,328
Purchase Details
Closed on
Oct 24, 2002
Sold by
Jerald Dev Llc
Bought by
Santaniello Marlene
Purchase Details
Closed on
Jul 27, 2001
Sold by
Sabaitis Barbara Jo
Bought by
Jerald Dev Lcl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.67%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Savi Erik | $2,700,000 | Trident Abstract Ttl Agcy Ll | |
| Santaniello Marlene | $1,050,000 | -- | |
| Jerald Dev Lcl | $300,000 | -- | |
| Jerald Dev Group | $300,000 | -- | |
| Jerald Dev Group | $300,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Savi Erik | $943,000 | |
| Open | Savi Erik | $1,700,000 | |
| Previous Owner | Cernero Marlene Santaniello | $1,125,000 | |
| Previous Owner | Cernero Childrens Trust | $747,000 | |
| Previous Owner | Cernero Childrens Trust | $250,000 | |
| Previous Owner | Cernero Marlene Santaniello | $350,000 | |
| Previous Owner | Cernero Marlene Santaniello | $250,000 | |
| Previous Owner | Jerald Dev Group | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2020 09/01/20 | Sold | $2,700,000 | -10.0% | $257 / Sq Ft |
| 07/16/2020 07/16/20 | Pending | -- | -- | -- |
| 03/09/2020 03/09/20 | For Sale | $2,999,998 | -- | $285 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $41,571 | $2,010,200 | $499,500 | $1,510,700 |
| 2023 | $41,571 | $2,010,200 | $499,500 | $1,510,700 |
| 2022 | $40,345 | $2,010,200 | $499,500 | $1,510,700 |
| 2021 | $40,345 | $2,010,200 | $499,500 | $1,510,700 |
| 2020 | $39,742 | $2,010,200 | $499,500 | $1,510,700 |
| 2019 | $39,219 | $2,010,200 | $499,500 | $1,510,700 |
| 2018 | $38,877 | $2,010,200 | $499,500 | $1,510,700 |
| 2017 | $38,113 | $2,010,200 | $499,500 | $1,510,700 |
| 2016 | $37,410 | $2,010,200 | $499,500 | $1,510,700 |
| 2015 | $41,712 | $1,406,800 | $277,300 | $1,129,500 |
| 2014 | $42,499 | $1,468,000 | $306,100 | $1,161,900 |
Source: Public Records
Agents Affiliated with this Home
-
Lina Negrey
-
Dawn Mcdonough
D
Buyer's Agent in 2020
Dawn Mcdonough
D'Amico & McConnell Realtors
(732) 241-2815
3 in this area
15 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22009446
APN: 52-00804-0000-00025
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