2 Farview Rd Millburn, NJ 07041
Estimated Value: $1,458,004 - $2,012,000
--
Bed
--
Bath
2,156
Sq Ft
$775/Sq Ft
Est. Value
About This Home
This home is located at 2 Farview Rd, Millburn, NJ 07041 and is currently estimated at $1,671,751, approximately $775 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
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
$331,960
Interest Rate
4.24%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,412,362
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%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | Hofflich Richard A | $500,000 | |
Previous Owner | Prescott Jonathan | $270,000 |
Source: Public Records
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 |
---|---|---|---|---|
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
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