NOT LISTED FOR SALE

2 Magnolia Ln Unit 23103 Boonton, NJ 07005

Estimated Value: $726,000 - $757,394

3 Beds
4 Baths
2,371 Sq Ft
$316/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $689,000 $291 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,119/month

5 Days on Market

About This Home

As of September 2022

Gorgeous sun filled end unit with beautiful views from the deck and from the wall of oversized windows in the living area! Glistening hardwood floors throughout, wood moldings, gas fireplace, updated bathrooms and kitchen. The chef's eat-in kitchen boasts plenty of custom cabinetry, TWO separate ovens, granite, a wide breakfast counter that seats four and is open to the living area and formal dining room. A renovated powder room, laundry facilities and access to the two-car garage complement this floor. The sweeping open staircase leads to an elegant primary bedroom with two large walk-in closets, a relaxing sitting area and a spa-like primary bathroom. The other two well-sized bedrooms on this floor each have walk-in closets and double windows. The fabulous finished walk out basement offers a wet bar, dishwasher, microwave, crown moldings and a spacious powder room. Take a dip in the pool, or go for a hike in the nearby Tourne County Park.

Last Agent to Sell the Property

Anne Fisher

Coldwell Banker, Upper Montclair Listed on: 07/29/2022

Last Buyer's Agent

Beth DiGiacinto

Coldwell Banker, Upper Montclair

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,265

Lot Details

  • 0.87

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Rvs Elementary And Middle School
  • Mountain Lakes High School

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,265

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Townhouse
  • Co List Office Phone: (973) 263-0400
  • MLS Status: Sold - Sold
  • Directions: Powerville Rd to McCaffrey to Brae Loch, right on Bradford to Magnolia
  • Year Built Details: 1990's
  • PropertySubTypeAdditional: Att/Row
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Primary Bathroom: Yes
  • Laundry: In Unit

Exterior Features

  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 2.0

Schools

  • Elementary School: RVS
  • High School: Mountain Lakes
  • Middle Or Junior School: RVS
  • Elementary: RVS

Lot Info

  • Lot: 00016

MLS Schools

  • High School Text: Mountain Lakes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Sep 6, 2022
Sold by
Passerini John and Passerini Maureen
Bought by
Feldstein Steven and Feldstein Jodi
Seller's Agent
Anne Fisher
Coldwell Banker, Upper Montclair
Buyer's Agent
Beth DiGiacinto
Coldwell Banker, Upper Montclair
List Price
$679,000
Sold Price
$689,000
Premium/Discount to List
$10,000
1.47%
Views
1
Current Estimated Value
$747,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,447
Avg. Annual Appreciation
2.86%
Original Mortgage
$200,000
Outstanding Balance
$194,759
Interest Rate
6.92%
Mortgage Type
Credit Line Revolving
Estimated Equity
$552,688

Purchase Details

Closed on
Aug 31, 2010
Sold by
Giamalva Frank Peter and Giamalva Cynthia H
Bought by
Passerini John and Passerini Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2007
Sold by
Gardner David and Gardner Phyllis E
Bought by
Giamalva Frank Peter and Giamalva Cynthia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 1996
Sold by
Brae Loch Associates Llc
Bought by
Gardner David and Gardner Phyllis E
Source: Public Records

Range of Values:

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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
Feldstein Steven $679,000 --
Passerini John $615,000 None Available
Giamalva Frank Peter $625,000 None Available
Gardner David $260,466 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feldstein Steven $200,000
Previous Owner Passerini John $465,000
Previous Owner Giamalva Frank Peter $417,000
Previous Owner Gardner David $350,000
Previous Owner Gardner David $200,000
Previous Owner Gardner David $31,542
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $689,000 +1.5% $291 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $679,000 -- $286 / Sq Ft
Source: New Jersey 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
2024 $11,890 $480,000 $157,500 $322,500
2023 $11,890 $480,000 $157,500 $322,500
2022 $11,400 $480,000 $157,500 $322,500
2021 $11,400 $480,000 $157,500 $322,500
2020 $11,266 $480,000 $157,500 $322,500
2019 $11,112 $480,000 $157,500 $322,500
2018 $10,819 $480,000 $157,500 $322,500
2017 $10,661 $480,000 $157,500 $322,500
2016 $10,522 $480,000 $157,500 $322,500
2015 $10,522 $480,000 $157,500 $322,500
2014 $10,474 $480,000 $157,500 $322,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22028422

New Jersey MLS

APN: 02-41601-0000-00016-0000-C2301