NOT LISTED FOR SALE

2 Farview Rd Millburn, NJ 07041

Estimated Value: $1,474,000 - $1,992,000

Studio
-- Bath
2,156 Sq Ft
$798/Sq Ft Est. Value

About This Home

This home is located at 2 Farview Rd, Millburn, NJ 07041 and is currently estimated at $1,720,180, approximately $797 per square foot. 2 Farview Rd is a home located in Essex County with nearby schools including Wyoming Elementary School, Millburn Middle School, and Millburn High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2010
Sold by
Hofflich Richard A and Hofflich Terry
Bought by
Torsone Ralph and Torsone Arlene
Current Estimated Value
$1,715,586

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
Outstanding Balance
$329,388
Interest Rate
4.24%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,390,792

Purchase Details

Closed on
May 12, 2004
Sold by
Prescott Jonathan
Bought by
Hofflich Richard and Hofflich Terry

Purchase Details

Closed on
Jul 12, 2002
Sold by
Zoeller E Robert
Bought by
Merkl Elissa and Merkl Marianne

Purchase Details

Closed on
Jul 2, 1997
Sold by
Arnold Ottville
Bought by
Prescott Jonathan and Prescott Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.55%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Torsone Ralph $875,800 First American Title Ins Co
Hofflich Richard $640,500 --
Merkl Elissa -- --
Prescott Jonathan $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torsone Ralph $500,000
Previous Owner Prescott Jonathan $270,000
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
2025 $16,125 $824,400 $480,000 $344,400
2024 $16,125 $824,400 $480,000 $344,400
2022 $16,018 $824,400 $480,000 $344,400
2021 $15,977 $824,400 $480,000 $344,400
2020 $15,878 $824,400 $480,000 $344,400
2019 $15,911 $824,400 $480,000 $344,400
2018 $15,680 $824,400 $480,000 $344,400
2017 $15,301 $824,400 $480,000 $344,400
2016 $18,865 $875,800 $437,400 $438,400
2015 $18,436 $875,800 $437,400 $438,400
2014 $17,656 $875,800 $437,400 $438,400
Source: Public Records

Map

New Jersey Essex County Millburn 07041

2 Farview Rd, Millburn, NJ

Not Listed for Sale

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