NOT LISTED FOR SALE

2 Montauk Trail Wayne, NJ 07470

Estimated Value: $1,551,708 - $2,021,000

5 Beds
7 Baths
-- Sq Ft
0.85 Acres

Last Sold January 29, 2016

Last sale price $1,325,000

Est. 37% increase in value since last sale

Current estimated payment $12,771/month

121 Days on Market

Highlights

  • Second Kitchen
  • Gunite Pool
  • Custom Home
  • Schuyler-Colfax Middle School Rated A
  • Sitting Area In Primary Bedroom
  • Deck

About This Home

As of January 2016

2 Montauk Trail was built brick by brick with ingenuity, foresight, clever detail and elegant architecture. With savvy flair, interior designer/owner creates spaces that combine fabulous flow... Over 6,500 sf on 2 fls, plus a walk out LL with a summer kitchen by the pool. Tiered decks overlook the lower patio and pool with a back drop of natural beauty as far as the eye can see. Utter privacy and tranquility abound here! Inside find an elegant Foyer with floating stairs, a stunning two story Great Room with wide plank pine uniquely applied to the soaring ceiling w/a wall of impressive palladian windows, fpl and wet bar. 5 spacious BRs w/ a gym off the Mstr Suite, 7 Bths inc. an indoor cabana w/2 showers! Kit w/2 center islands, sunny Brkfst Rm. that opens to the decks! Come see!

Last Agent to Sell the Property

Mary Premtaj

COMPASS NEW JERSEY LLC Listed on: 07/25/2015

COMPASS NEW JERSEY LLC

Last Buyer's Agent

Mary Premtaj

COMPASS NEW JERSEY LLC Listed on: 07/25/2015

COMPASS NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,303

Year Built

  • Built in 1993

Lot Details

  • 0.85 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Sprinkler System

Parking

  • 4 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Drapes & Rods
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Library with Fireplace
  • Storage Room
  • Laundry Room
  • Utility Room
  • Home Gym

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Partially Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • French Drain

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Gunite Pool
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiant Heating System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2514-04602-0000-00013-0010-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,303

Year Built

Built in 1993

Lot Details

0

Parking

4

Listing Details

  • Style: Custom Home, Colonial
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1993
  • Year Built Description: Approximate
  • County Name: Passaic
  • Easements Description: drainage
  • Street Number Display: 2
  • Directions: Off Of Indian Road by Pines Lake
  • I D: 4555425
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Indian Hills
  • First Name: MARY
  • First Name3: MARY
  • Last Name: PREMTAJ
  • Last Name3: PREMTAJ
  • Office Phone: 551-284-0175
  • Office Phone3: 551-284-0175
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Wood
  • Fireplace Description: Gas Fireplace, Great Room, Library
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Central Vacuum, OvnWGas, CookGas, Dishwasher, Disposal
  • Interior Amenities: Cathedral Ceiling, Skylight, Bar-Wet, Drapes, Security System, Carbon Monoxide Detector, Fire Alarm Sys, Walk-In Closet
  • Number Rooms: 12
  • Bedrooms: 5
  • Master Bedroom Desc: Sitting Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 5.20
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: French Drain, Walkout, Finished-Partially
  • Basement Level Rooms: Kitchen, Powder Room, Utility Room, Walkout, Storage Room, Outside Entrance
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • In Law Suite: Yes
  • Kitchen Area: Breakfast Bar, Center Island, Separate Dining Area, Pantry, Second Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Level: First
  • Other Room 2: Great Room
  • Other Room2 Level: First
  • Other Room 3: Bedroom
  • Other Room3 Level: First
  • Other Room 4: Bathroom
  • Other Room4 Level: First
  • Level 1 Rooms: 1 Bedroom, Breakfast Room, Foyer, Library, Great Room, Living Room, Pantry, Kitchen, Bath(s) Other, Dining Room, Laundry Room, Powder Room
  • Level 2 Rooms: Exercise Room, Bath Main, 4 Or More Bedrooms, Bath(s) Other
  • Phone: 201-848-4002

Exterior Features

  • Exterior Description: Brick, Stucco
  • Exterior Features: Deck, Underground Lawn Sprinkler, Metal Fence
  • Pool: Yes
  • Pool Description: Gunite, Heated
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage, Garage Under
  • Number Garage Spaces: 4
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater, Multi-Zone, Radiant - Hot Water
  • Sewer: Public Sewer
  • Utilities: All Underground, Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: .846 AC
  • Assessed Improvement Value: 467800
  • Assessed Land Value: 201400
  • Assessment: 669200
  • Easement: Yes
  • Lot Description: Backs to Park Land, Cul-De-Sac
  • Lot Identifier: 13.10
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.85

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 34303
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-04602-0000-00013-0010-
  • Tax Rate Amount: 5.126
  • Tax Rate Tax: *
  • Tax Rate Year: 2014
  • Tax Year Tax: *
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2015
Closed on
Jan 29, 2016
Sold by
Polevoy Stuart M and Polevoy Regina H
Bought by
Hong Joseph S and Hong Cecilia
Seller's Agent
Mary Premtaj
COMPASS NEW JERSEY LLC
Buyer's Agent
Mary Premtaj
COMPASS NEW JERSEY LLC
List Price
$1,450,000
Sold Price
$1,325,000
Premium/Discount to List
-$125,000
-8.62%
Current Estimated Value
$1,809,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,686
Avg. Annual Appreciation
3.40%
Original Mortgage
$673,765
Interest Rate
3.62%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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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
Hong Joseph S $1,325,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hong Joseph S $673,765
Closed Hong Joseph S $662,500
Previous Owner Polevoy Stuart $6,000,000
Previous Owner Polevoy Stuart M $1,273,925
Previous Owner Polevoy Stuart M $445,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $1,325,000 -8.6% --
11/23/2015 11/23/15 Pending -- -- --
07/25/2015 07/25/15 For Sale $1,450,000 -- --
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
2024 $34,359 $600,900 $201,400 $399,500
2022 $33,975 $600,900 $201,400 $399,500
2021 $37,796 $669,200 $201,400 $467,800
2020 $37,629 $669,200 $201,400 $467,800
2019 $36,900 $669,200 $201,400 $467,800
2018 $36,572 $669,200 $201,400 $467,800
2017 $36,237 $669,200 $201,400 $467,800
2016 $35,729 $669,200 $201,400 $467,800
2015 $35,300 $669,200 $201,400 $467,800
2014 $34,303 $669,200 $201,400 $467,800
Source: Public Records

Agents Affiliated with this Home

  • Mary Premtaj

    Seller's Agent in 2016

    Mary Premtaj

    COMPASS NEW JERSEY LLC

    (201) 410-8022

    129 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3241555

Garden State MLS

APN: 14-04602-0000-00013-10

New Jersey Passaic County Wayne 07470

2 Montauk Trail, Wayne, NJ

This home is located at 2 Montauk Trail, Wayne, NJ 07470 since 25 July 2015 and is currently estimated at $1,862,236. This property was built in 1993. 2 Montauk Trail is a home located in Passaic County with nearby schools including Pines Lake Elementary School, Schuyler-Colfax Middle School, and Wayne Hills High School.

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