NOT LISTED FOR SALE

20 Prospect Ave Budd Lake, NJ 07828

Estimated Value: $321,000 - $401,000

2 Beds
1 Bath
1,043 Sq Ft
$352/Sq Ft Est. Value

Last Sold January 05, 2022

Last sale price $295,000 $283 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,397/month

19 Days on Market

About This Home

As of January 2022

This home is located at 20 Prospect Ave, Budd Lake, NJ 07828 since 11 November 2021 and is currently estimated at $367,069, approximately $351 per square foot. This property was built in 1938. 20 Prospect Ave is a home located in Morris County with nearby schools including Mt Olive Middle School and Mount Olive High School.

Last Agent to Sell the Property

Cheryl Towey

WEICHERT REALTORS CORP HQ Brokerage Phone: 973-984-1400 Listed on: 11/11/2021

WEICHERT REALTORS CORP HQ

Last Buyer's Agent

Cheryl Towey

WEICHERT REALTORS CORP HQ Brokerage Phone: 973-984-1400 Listed on: 11/11/2021

WEICHERT REALTORS CORP HQ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,414

Year Built

  • Built in 1938

Lot Details

  • 4,792 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,414

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Year Built: 1938
  • County Name: Morris
  • Street Number Display: 20
  • I D: 5115254
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 973-984-1400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Jan 4, 2022
Sold by
Asfaly Thomas R and Asfaly Ashley R
Bought by
Gallet Gregory T
Seller's Agent
Cheryl Towey
WEICHERT REALTORS CORP HQ
Buyer's Agent
Cheryl Towey
WEICHERT REALTORS CORP HQ
List Price
$275,000
Sold Price
$295,000
Premium/Discount to List
$20,000
7.27%
Current Estimated Value
$355,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,594
Avg. Annual Appreciation
5.36%
Original Mortgage
$236,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 14, 2019
Closed on
Apr 2, 2019
Sold by
Bakley Robert and Bakley Stephanie
Bought by
Asfaly Thomas R and Asfaly Ashley R
Seller's Agent
Susan J. Wintermute
RE/MAX HOUSE VALUES
Buyer's Agent
ALEXZANDRA CARRERO-RODRIGUEZ
PRESTIGE PROPERTY GROUP MONTCLAIR
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.12%
Original Mortgage
$160,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jul 25, 2016
Sold by
Luisi Jeffrey
Bought by
Bakley Robert
Seller's Agent
Douglas Weaver
RE/MAX TOWN & VALLEY
Buyer's Agent
Susan J. Wintermute
RE/MAX HOUSE VALUES
List Price
$159,000
Sold Price
$159,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$163,496
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 30, 2015
Closed on
Nov 30, 2015
Sold by
Kanoff Donald
Bought by
Luisi Jeffrey
Seller's Agent
MARY K. JOHNSON
BHHS GROSS AND JANSEN REALTORS
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
162.08%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Gallet Gregory T $295,000 Fidelity National Title
Asfaly Thomas R $200,000 Fidelity National Ttl Ins Co
Bakley Robert $159,000 Chicago Title Insurance Co
Luisi Jeffrey $85,000 Multy Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallet Gregory T $236,000
Previous Owner Asfaly Thomas R $160,000
Previous Owner Bakley Robert $163,496
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2022 01/05/22 Sold $295,000 +7.3% $283 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $275,000 +37.5% $264 / Sq Ft
04/05/2019 04/05/19 Sold $200,000 0.0% $192 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $200,000 +25.8% $192 / Sq Ft
07/25/2016 07/25/16 Sold $159,000 0.0% $152 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $159,000 +87.1% $152 / Sq Ft
11/30/2015 11/30/15 Sold $85,000 -- $81 / 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
2024 $5,414 $164,700 $111,400 $53,300
2023 $5,414 $164,700 $111,400 $53,300
2022 $5,531 $164,700 $111,400 $53,300
2021 $5,531 $164,700 $111,400 $53,300
2020 $5,457 $164,700 $111,400 $53,300
2019 $5,438 $164,700 $111,400 $53,300
2018 $5,386 $164,700 $111,400 $53,300
2017 $5,292 $164,700 $111,400 $53,300
2016 $5,124 $164,700 $111,400 $53,300
2015 $5,244 $164,700 $111,400 $53,300
2014 $5,249 $164,700 $111,400 $53,300
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Towey

    Seller's Agent in 2022

    Cheryl Towey

    WEICHERT REALTORS CORP HQ

    (908) 334-0971

    4 in this area

    149 Total Sales

    Section Image
  • Susan J. Wintermute

    Seller's Agent in 2019

    Susan J. Wintermute

    RE/MAX

    (973) 713-7165

    3 in this area

    63 Total Sales

    Section Image

  • A

    Buyer's Agent in 2019

    ALEXZANDRA CARRERO-RODRIGUEZ

    PRESTIGE PROPERTY GROUP MONTCLAIR

  • Douglas Weaver

    Seller's Agent in 2016

    Douglas Weaver

    RE/MAX

    (908) 797-9130

    1 in this area

    7 Total Sales

    Section Image

  • M

    Seller's Agent in 2015

    MARY K. JOHNSON

    BHHS GROSS AND JANSEN REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3751509

Garden State MLS

APN: 27-03503-0000-00004

New Jersey Morris County Budd Lake 07828

20 Prospect Ave, Budd Lake, NJ

This home is located at 20 Prospect Ave, Budd Lake, NJ 07828 since 11 November 2021 and is currently estimated at $367,069, approximately $351 per square foot. This property was built in 1938. 20 Prospect Ave is a home located in Morris County with nearby schools including Mt Olive Middle School and Mount Olive High School.

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