NOT LISTED FOR SALE

2 Drake Rd Newton, NJ 07860

Estimated Value: $350,000 - $483,000

3 Beds
1 Bath
944 Sq Ft
$442/Sq Ft Est. Value

Last Sold November 06, 2019

Last sale price $255,000 $270 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,872/month

48 Days on Market

Highlights

  • Lake Front
  • Ranch Style House
  • Porch
  • Deck
  • Great Room with Fireplace
  • 1 Car Attached Garage

About This Home

As of November 2019

Charming ranch/cottage on oversized lakefront lot sporting whole lake views of gorgeous Lake Owassa!! Primary value is in the land, with 125+ feet of shoreline and incredible sunset views over the lake! House requires major rehab. Bath has been fully renovated and home was expanded out over garage. This is a great opportunity to create your own dream lakefront home on an unusually large lakefront lot with an abundance of privacy!!

Last Agent to Sell the Property

CHRIS GIUGLIANO

CLEARVIEW REALTY Listed on: 08/07/2019

Last Buyer's Agent

KAREN MIGLIN

REALTY EXECUTIVES EXCEPTIONAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,300

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 0.38 Acre Lot
  • Lake Front
  • Level Lot

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Cottage
  • Wood Siding

Interior Spaces

  • 944 Sq Ft Home
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Family or Dining Combination
  • Crawl Space
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Schools

  • Frankford Elementary School

Utilities

  • Electric Baseboard Heater
  • Standard Electricity
  • Well

Listing and Financial Details

  • Assessor Parcel Number 2805-00261-0000-00020-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,300

Year Built

Built in 1950 | Remodeled

Lot Details

0

HOA Fees

$23 per month

Parking

1

Listing Details

  • Style: Ranch, Cottage
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Renovated
  • County Name: Sussex
  • Renovated Year: 1990
  • Street Number Display: 2
  • Directions: Route 206N to LEFT on E Shore Lake Owassa Rd to RIGHT on Plumer to RIGHT on Drake
  • I D: 4921184
  • Modified: 2021-09-23
  • Number Images: 14
  • Section Subdiv Development: Lake Owassa
  • First Name: CHRIS
  • First Name3: KAREN
  • Last Name: GIUGLIANO
  • Last Name3: MIGLIN
  • Office Phone: 973-948-4004
  • Office Phone3: 973-729-7141
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1990

Interior Features

  • Fireplace Description: Great Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Electric
  • Number Rooms: 6
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Crawl Space
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Dim: 10x8
  • Kitchen Level: First
  • Living Room Dim: 20x19
  • Living Room Level: First
  • Other Room 1: Porch
  • Other Room1 Dim: 16x8
  • Other Room1 Level: First
  • Level 1 Rooms: 3 Bedrooms, Great Room, Porch, Bath Main, Kitchen
  • Estimated Sq Ft: 944
  • Phone: 973-948-4004

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: Gravel

Utilities

  • Fuel Type: Electric
  • Heating: Baseboard - Electric
  • Utilities: Electric
  • Water: Well

Condo/Co-op/Association

  • Association Maintenance Fee: 275
  • Association Maintenance Fee Frequency: Annually

Schools

  • Elementary School: FRANKFORD

Lot Info

  • Lot Size: 100X165
  • Assessed Improvement Value: 42500
  • Assessed Land Value: 204300
  • Assessment: 246800
  • Easement: Unknown
  • Lot Description: Level Lot, Lake Front
  • Lot Identifier: 20
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.38
  • 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: 6300
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2805-00261-0000-00020-0000-
  • Tax Rate Amount: 2.553
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: FRANKFORD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2019
Closed on
Nov 5, 2019
Sold by
Weir William and Weir Angela
Bought by
Tider Diane S and Johansson Carl M
Seller's Agent
CHRIS GIUGLIANO
CLEARVIEW REALTY
Buyer's Agent
KAREN MIGLIN
REALTY EXECUTIVES EXCEPTIONAL
List Price
$285,000
Sold Price
$255,000
Premium/Discount to List
-$30,000
-10.53%
Current Estimated Value
$417,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,590
Avg. Annual Appreciation
10.07%

Purchase Details

Closed on
Jun 9, 2015
Sold by
Klejst Jane A
Bought by
Weir William and Weir Angela

Purchase Details

Closed on
May 12, 1995
Sold by
Klejst John J and Klejst Jane A
Bought by
Klejst John J and Klejst Jane A
Source: Public Records

Range of Values:

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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
Tider Diane S $255,000 None Available
Weir William $299,000 The Abstract Co
Klejst John J -- --
Klejst John J -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2019 11/06/19 Sold $255,000 -10.5% $270 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $285,000 -- $302 / 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 $7,625 $256,400 $204,300 $52,100
2024 $7,120 $256,400 $204,300 $52,100
2023 $7,120 $246,800 $204,300 $42,500
2022 $6,738 $246,800 $204,300 $42,500
2021 $6,738 $246,800 $204,300 $42,500
2020 $6,545 $246,800 $204,300 $42,500
2019 $6,360 $246,800 $204,300 $42,500
2018 $6,301 $246,800 $204,300 $42,500
2017 $6,279 $246,800 $204,300 $42,500
2016 $6,358 $246,800 $204,300 $42,500
2015 $6,325 $246,800 $204,300 $42,500
2014 $6,471 $246,800 $204,300 $42,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3578777

Garden State MLS

APN: 05-00261-0000-00020