A
Seller's Agent in 2025
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
22 Bailey Rd Millburn, NJ 07041
4
Beds
2
Baths
1,670
Sq Ft
6,534
Sq Ft Lot
About This Home
As of July 2025This home is located at 22 Bailey Rd, Millburn, NJ 07041 and is currently priced at $1,150,000, approximately $688 per square foot. This property was built in 1929. 22 Bailey Rd is a home located in Essex County with nearby schools including Wyoming Elementary School, Millburn Middle School, and Millburn High School.
Last Agent to Sell the Property
ARLENE GORMAN GONNELLA
WEICHERT REALTORS Brokerage Phone: 973-376-4545 Listed on: 05/22/2025
Last Buyer's Agent
LINDA LOWE KUO
SERHANT NEW JERSEY LLC
Home Details
Home Type
- Single Family
Year Built
- Built in 1929
Lot Details
- 6,534 Sq Ft Lot
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2025
Closed on
Jul 22, 2025
Sold by
Chan Kimming and Lau Laiwah
Bought by
Vijayapalan Karthik and Vasudevan Archana
Seller's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
Buyer's Agent
LINDA LOWE KUO
SERHANT NEW JERSEY LLC
List Price
$1,188,000
Sold Price
$1,150,000
Premium/Discount to List
-$38,000
-3.2%
Views
92
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,584
Avg. Annual Appreciation
-0.44%
Original Mortgage
$920,000
Outstanding Balance
$918,250
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$229,166
Purchase Details
Closed on
Aug 11, 2007
Sold by
Bertet Gerhard W and St John Margaux
Bought by
Chan Kimming and Lau Laiwah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $1,150,000 | Acres Land Title | |
| Bargain Sale Deed | $689,000 | Commonwealth Land Title Insu |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $920,000 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $417,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | Sold | $1,150,000 | -3.2% | $689 / Sq Ft |
| 06/10/2025 06/10/25 | Pending | -- | -- | -- |
| 05/22/2025 05/22/25 | For Sale | $1,188,000 | -- | $711 / Sq Ft |
Source: Garden State MLS
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 | $13,874 | $709,300 | $473,300 | $236,000 |
| 2024 | $13,874 | $709,300 | $473,300 | $236,000 |
| 2022 | $13,782 | $709,300 | $473,300 | $236,000 |
| 2021 | $13,746 | $709,300 | $473,300 | $236,000 |
| 2020 | $13,661 | $709,300 | $473,300 | $236,000 |
| 2019 | $13,689 | $709,300 | $473,300 | $236,000 |
| 2018 | $13,491 | $709,300 | $473,300 | $236,000 |
| 2017 | $13,165 | $709,300 | $473,300 | $236,000 |
| 2016 | $13,034 | $605,100 | $236,600 | $368,500 |
| 2015 | $12,737 | $605,100 | $236,600 | $368,500 |
| 2014 | $12,199 | $605,100 | $236,600 | $368,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Buyer's Agent in 2025
LINDA LOWE KUO
SERHANT NEW JERSEY LLC
Map
Source: Garden State MLS
MLS Number: 3964607
APN: 12-00212-0000-00011
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