NOT LISTED FOR SALE

20 Locust Ave Millburn, NJ 07041

Estimated Value: $953,000 - $1,098,572

4 Beds
2 Baths
1,335 Sq Ft
$759/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $678,000 $508 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,556/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Car Attached Garage
  • Gas Fireplace
  • Wyoming Elementary School Rated A+
  • Central Air

About This Home

As of November 2021

Nestled in a tree lined street, this is the home you've been waiting for. In sought after Wyoming section of Millburn life will be easier and more convenient with Millburn's downtown shopping, NYC train and schools moments away. You'll walk through the covered porch into a great flowing floor plan. The living room features a gas fireplace, dining room ready for the holidays & updated kitchen. Then you'll find 2 bedrooms which can also be used for home offices & a full bath. Walk upstairs for two spacious bedrooms & a full bath. You'll appreciate the attached garage.. no more bringing in groceries in the rain. A partially finished basement gives you even more options for entertaining and storage. The up to date HVAC will keep you warm this winter and central air conditioning will keep you cool next season. Don't forget to invite your guests and enjoy the deck in the backyard!

Last Agent to Sell the Property

Jeffrey Mark

KELLER WILLIAMS SUBURBAN REALTY Listed on: 10/07/2021

KELLER WILLIAMS SUBURBAN REALTY

Last Buyer's Agent

Stan Kay

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,212

Year Built

  • Built in 1950

Lot Details

  • 1,606 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • Gas Fireplace
  • Living Room with Fireplace
  • Carbon Monoxide Detectors
  • Partially Finished Basement

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 1612-00401-0000-00018-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,212

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 20
  • Directions: turn onto Locust Ave from Millburn Ave or turn onto Evergreen Terr from Ridgewood Rd.
  • I D: 5108043
  • Modified: 2022-11-20
  • Number Images: 24
  • First Name: JEFFREY
  • First Name3: STAN
  • Last Name: MARK
  • Last Name3: KAY
  • Office Phone: 973-251-0100
  • Office Phone3: 908-209-4615
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Number Rooms: 7
  • Bedrooms: 4
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Phone: 973-251-0100

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Lot Info

  • Lot Size: IRREG .1606 AC
  • Assessed Improvement Value: 211700
  • Assessed Land Value: 422400
  • Assessment: 634100
  • Easement: Unknown
  • Lot Identifier: 18
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.16

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12212
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-00401-0000-00018-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.926
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 12, 2021
Sold by
Daniel Palumbo
Bought by
Mcclain Elizabeth and Mcclain Joseph
Seller's Agent
Jeffrey Mark
KELLER WILLIAMS SUBURBAN REALTY
Buyer's Agent
Stan Kay
COMPASS NEW JERSEY, LLC
List Price
$625,000
Sold Price
$678,000
Premium/Discount to List
$53,000
8.48%
Current Estimated Value
$1,013,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,393
Avg. Annual Appreciation
11.48%
Original Mortgage
$542,400
Outstanding Balance
$499,033
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$521,308

Purchase Details

Closed on
Dec 15, 2020
Sold by
Campisi Jeffrey and Estate Of Patsy Palumbo
Bought by
Palumbo Daniel and Palumbo Nancy

Purchase Details

Closed on
Dec 6, 1994
Sold by
Misilo Stephen
Bought by
Palumbo Pasquale and Palumbo Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
8.81%
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
Mcclain Elizabeth $678,000 Old Republic National
Palumbo Daniel -- None Available
Palumbo Pasquale $224,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclain Elizabeth $542,400
Previous Owner Palumbo Pasquale $118,000
Previous Owner Palumbo Pasquale $169,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $678,000 +8.5% $508 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $625,000 -- $468 / 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 $12,403 $634,100 $422,400 $211,700
2024 $12,403 $634,100 $422,400 $211,700
2022 $12,321 $634,100 $422,400 $211,700
2021 $12,289 $634,100 $422,400 $211,700
2020 $12,213 $634,100 $422,400 $211,700
2019 $12,238 $634,100 $422,400 $211,700
2018 $12,061 $634,100 $422,400 $211,700
2017 $11,769 $634,100 $422,400 $211,700
2016 $10,550 $489,800 $237,100 $252,700
2015 $10,310 $489,800 $237,100 $252,700
2014 $9,874 $489,800 $237,100 $252,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jeffrey Mark

    KELLER WILLIAMS SUBURBAN REALTY

    (973) 251-0100

    1 in this area

    10 Total Sales

    Jeffrey Mark
    Section Image
  • Stan Kay

    Buyer's Agent in 2021

    Stan Kay

    COMPASS NEW JERSEY, LLC

    (908) 209-4615

    8 in this area

    162 Total Sales

    Stan Kay
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3745068

Garden State MLS

APN: 12-00401-0000-00018

New Jersey Essex County Millburn 07041

20 Locust Ave, Millburn, NJ

This home is located at 20 Locust Ave, Millburn, NJ 07041 since 07 October 2021 and is currently estimated at $1,013,393, approximately $759 per square foot. This property was built in 1950. 20 Locust Ave is a home located in Essex County with nearby schools including Wyoming Elementary School, Millburn Middle School, and Millburn High School.

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