NOT LISTED FOR SALE

24 Cambridge Way Alpine, NJ 07620

Estimated Value: $7,851,000 - $8,372,000

7 Beds
11 Baths
-- Sq Ft
2.01 Acres

Last Sold May 16, 2024

Last sale price $8,000,000

Est. 1% increase in value since last sale

Current estimated payment $49,761/month

295 Days on Market

Highlights

  • Heated In Ground Pool
  • Multiple Fireplaces
  • En-Suite Primary Bedroom
  • Alpine Elementary School Rated A+
  • Cul-De-Sac
  • Central Air

About This Home

As of May 2024

This 4yr old palatial, stone manor sits on 2 acres of a quiet, cul-de-sac street in one of the most sought after zip codes in the United States. Approximately 18,000 sq ft on all floors. First floor includes grand kitchen with breakfast room and butler's pantry, music room, dining room and great room with wine bar and guest suite. Library and 5 bedroom suites including Primary with his/her bathrooms and closet finish out the second floor. Lower level with theatre, spa with jacuzzi and fireplace, gym, massage room, billiard room with bar and guest suite. Garages can accommodate up to 12 cars. Elevator to all four floors. Security Cameras and media system throughout. Newly added full house generator. Large outdoor entertainment area in rear yard with fireplace, pool and spa. From the ultimate Primary Bedroom closet to relaxing in your very own 5 star spa, this home fits the wants of even the most discerning of buyers. Also available for a 12 month lease at $50,000 per month.

Last Agent to Sell the Property

Christina LaBarbiera

Prominent Properties Sotheby's International Realty-Tenafly Listed on: 05/30/2023

Last Buyer's Agent

Rosemarie Campi

Prominent Properties Sotheby's International Realty-Alpine

Prominent Properties Sotheby's International Realty-Alpine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,400

Lot Details

  • 2.01 Acre Lot
  • Cul-De-Sac

Parking

  • 12 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Legal Lot and Block 00001 / 00081

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,400

Lot Details

0

Parking

12

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Corporate
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac
  • View Type:Pond View: None
  • Co List Office Phone: 201-547-1500
  • Outside Inclusions: All lighting fixtures and appliances
  • MLS Status: Sold - Sold
  • Directions: Anderson Ave to Cambridge Way
  • Reso Fireplace Features: 4 Fireplaces
  • Year Built Details: 2010's
  • PropertySubTypeAdditional: Manor
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 7
  • Half Bathrooms: 4
  • Total Bedrooms: 7
  • Primary Bathroom: Yes
  • Basement Remarks: Finished attic: living/wetbar/second fl primary closet

Exterior Features

  • Pool Features: Gunite, Heated, In Ground, Outdoor Pool
  • Pool Private: Yes
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Stucco, Stone

Garage/Parking

  • Garage Spaces: 12.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Hot Water, Zoned, Radiant

Lot Info

  • Lot Size Sq Ft: 87686.0

Tax Info

  • Tax Annual Amount: 63400.0
  • Tax Block: 00081
  • Tax Lot: 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
May 23, 2024
Sold by
Cambridge Hilltop Estate Corp
Bought by
Scott Joseph and Scott Nancy
Seller's Agent
Christina LaBarbiera
Prominent Properties Sotheby's International Realty-Tenafly
Buyer's Agent
Rosemarie Campi
Prominent Properties Sotheby's International Realty-Alpine
List Price
$10,499,000
Sold Price
$8,000,000
Premium/Discount to List
-$2,499,000
-23.8%
Views
1453
Current Estimated Value
$8,076,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,037
Avg. Annual Appreciation
0.86%

Purchase Details

Closed on
Apr 15, 2022
Sold by
Joseph Labarbiera
Bought by
Cambridge Hilltop Estate Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2014
Sold by
Gordon William H
Bought by
Labarbiera Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Scott Joseph $8,000,000 United Land Title
Cambridge Hilltop Estate Corp -- None Listed On Document
Labarbiera Joseph $2,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cambridge Hilltop Estate Corp $4,500,000
Previous Owner Cambridge Hilltop Estate Corp $960,000
Previous Owner Cambridge Hilltop Estate Corp $1,750,000
Previous Owner Labarbiera Joseph $1,750,000
Previous Owner Labarbiera Joseph $3,000,000
Previous Owner Labarbiera Joseph $1,800,000
Previous Owner Labarbiera Joseph $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $8,000,000 -15.8% --
03/20/2024 03/20/24 Pending -- -- --
02/16/2024 02/16/24 Price Changed $9,499,000 -3.1% --
10/31/2023 10/31/23 Price Changed $9,799,000 -2.0% --
08/10/2023 08/10/23 Price Changed $9,999,000 -4.8% --
05/30/2023 05/30/23 For Sale $10,499,000 0.0% --
05/26/2020 05/26/20 Rented $40,000 0.0% --
05/15/2020 05/15/20 For Rent $40,000 -- --
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 $64,461 $8,159,600 $1,806,500 $6,353,100
2023 $62,584 $8,159,600 $1,806,500 $6,353,100
2022 $62,584 $8,159,600 $1,806,500 $6,353,100
2021 $63,400 $8,159,600 $1,806,500 $6,353,100
2020 $61,931 $8,159,600 $1,806,500 $6,353,100
2019 $27,816 $3,570,700 $1,806,500 $1,764,200
2018 $17,898 $2,306,500 $1,806,500 $500,000
2017 $16,473 $2,056,500 $1,806,500 $250,000
2016 $13,874 $1,806,500 $1,806,500 $0
2015 $20,809 $2,702,500 $1,806,500 $896,000
2014 $20,026 $2,702,500 $1,806,500 $896,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23016117

New Jersey MLS

APN: 02-00081-03-00001