NOT LISTED FOR SALE

246 Lafayette Ave Chatham, NJ 07928

Estimated Value: $3,462,000 - $4,755,000

5 Beds
9 Baths
1,653 Sq Ft
$2,356/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $2,900,000 $1,754 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $25,185/month

211 Days on Market

Highlights

  • Heated In Ground Pool
  • Custom Home
  • Atrium Room
  • Chatham High School Rated A+
  • 0.92 Acre Lot
  • Maid or Guest Quarters

About This Home

As of April 2019

Custom home w every amenity imaginable. Limestone exterior w mature plantings, salt water pool and spa, outdoor fireplace, TV, and powder room. Heated driveway and patios. Professional style kitchen Commercial stove, 2 double refrigerators, pantry, warming drawers, 3 sinks, concrete counters, deep fryer and the only wood/gas pizza oven in town. Coffered ceilings, 5 in oak floors, 4 fireplaces, 325 bottle wine storage, art lighting, and nana doors open to outside The master with Juliet balcony, 12X13 bath,15X15 master closet fit for royalty. 3 addl BR with en suite baths, 5th BR aupair suite with kitchenette. Optional 6th BR suite or 6th BR and home gym w wifi spa shower on lower level. 37X38 ft finished rec room w wet bar. Savant Sono expandable sys, custom phone sys, 16 camera sec sys Full house generator

Last Agent to Sell the Property

BARBARA 'Bobbie' VEEDER

TURPIN REAL ESTATE, INC. Listed on: 07/09/2018

Last Buyer's Agent

Ryan Palianto

SERHANT NEW JERSEY LLC

SERHANT NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,474

Lot Details

  • 0.92 Acre Lot
  • Privacy Fence
  • Fenced
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Paver Block
  • Additional Parking

Home Design

  • Custom Home
  • Colonial Architecture
  • Contemporary Architecture
  • Stone Siding

Interior Spaces

  • Wet Bar
  • Sound System
  • Dry Bar
  • High Ceiling
  • Thermal Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 5 Fireplaces
  • Formal Dining Room
  • Library with Fireplace
  • Recreation Room
  • Atrium Room
  • Utility Room
  • Home Gym
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Soaking Tub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Outdoor Pool

Schools

  • Southern Elementary School
  • Chatham Middle School
  • Chatham High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Private Water Source
  • Water Tap or Transfer Fee
  • Gas Water Heater

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 2305-00083-0000-00018-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,474

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial, Contemporary, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built Description: Standing
  • County Name: Morris
  • Street Number Display: 246
  • Directions: Southern or Main St. to Lafayette
  • I D: 4815571
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Rolling Hill
  • First Name: BARBARA
  • First Name3: RYAN
  • Last Name: VEEDER
  • Last Name3: PALIANTO
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Stone, Laminate, Marble, Wood
  • Fireplace Description: Dining Room, Family Room, Library, Living Room
  • Number of Fireplaces: 5
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Generator-Built-In, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: Bar-Dry, Intercom, Bar-Wet, StallShw, Walk-In Closet, Fire Alarm Sys, Security System, Fire Extinguisher, Steam, Carbon Monoxide Detector, High Ceilings, Stereo System
  • Number Rooms: 12
  • Bedrooms: 5
  • Master Bedroom Desc: Dressing 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, Soaking Tub
  • Bathrooms: 6.30
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: 1 Bedroom, Utility Room, Exercise Room, Bath(s) Other, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Kitchen, SepEnter, Full Bath
  • Kitchen Area: Center Island, Pantry, Eat-In Kitchen
  • Kitchen Dim: 38x16
  • Kitchen Level: First
  • Living Room Dim: 22x16
  • Living Room Level: First
  • Other Room 1: Library
  • Other Room1 Dim: 13x15
  • Other Room1 Level: First
  • Other Room 2: MaidQrtr
  • Other Room2 Dim: 12x21
  • Other Room2 Level: Second
  • Other Room 3: Rec Room
  • Other Room3 Dim: 38x38
  • Other Room3 Level: Basement
  • Other Room4 Dim: 15x29
  • Other Room4 Level: Basement
  • Level 1 Rooms: Foyer, Library, Living Room, Pantry, Atrium, Dining Room, Powder Room, Family Room
  • Level 2 Rooms: Laundry Room, 4 Or More Bedrooms, Bath Main, Maid Quarters, Bath(s) Other
  • Phone: 973-635-5555

Exterior Features

  • Exterior Description: Stone
  • Exterior Features: Metal Fence, Privacy Fence, Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: In-Ground Pool, Outdoor Pool, Heated

Garage/Parking

  • Garage Description: Finished Garage, Garage Door Opener, Built-In Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Additional Parking, Paver Block, Blacktop

Utilities

  • Cooling: Multi-Zone Cooling, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas-Natural
  • Water: Private, Water Charge Extra
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Pool-Outdoor
  • Home Warranty: Yes

Schools

  • Elementary School: Southern
  • Middle School: Chatham
  • High School: Chatham
  • High School: Chatham
  • Middle Jr High School: Chatham

Lot Info

  • Lot Size: 0.92 AC
  • Assessed Improvement Value: 1796800
  • Assessed Land Value: 692000
  • Assessment: 2488800
  • Lot Description: Level Lot
  • Lot Identifier: 18
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.92
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 44474
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2305-00083-0000-00018-0000-
  • Tax Rate Amount: 1.787
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: Southern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Mar 9, 2019
Sold by
Viola Vincent and Viola Teresa
Bought by
Lee Sung and Valentine Jane
Seller's Agent
BARBARA 'Bobbie' VEEDER
TURPIN REAL ESTATE, INC.
Buyer's Agent
Ryan Palianto
SERHANT NEW JERSEY LLC
List Price
$3,195,000
Sold Price
$2,900,000
Premium/Discount to List
-$295,000
-9.23%
Current Estimated Value
$3,895,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$995,292
Avg. Annual Appreciation
4.11%
Original Mortgage
$2,320,000
Outstanding Balance
$2,010,634
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,749,318
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
Lee Sung $2,900,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Sung $2,320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $2,900,000 -9.2% $1,754 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
07/09/2018 07/09/18 For Sale $3,195,000 -- $1,933 / 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 $49,502 $2,488,800 $692,000 $1,796,800
2024 $48,681 $2,488,800 $692,000 $1,796,800
2023 $48,681 $2,488,800 $692,000 $1,796,800
2022 $48,059 $2,488,800 $692,000 $1,796,800
2021 $48,059 $2,488,800 $692,000 $1,796,800
2020 $47,113 $2,488,800 $692,000 $1,796,800
2019 $46,142 $2,488,800 $692,000 $1,796,800
2018 $45,620 $2,488,800 $692,000 $1,796,800
2017 $14,153 $792,000 $692,000 $100,000
2016 $12,612 $717,000 $692,000 $25,000
2015 $12,923 $737,600 $622,800 $114,800
2014 $12,819 $737,600 $622,800 $114,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3485378

Garden State MLS

APN: 05-00083-0000-00018