NOT LISTED FOR SALE

278 Taft Ct River Edge, NJ 07661

Estimated Value: $1,635,000 - $1,795,000

5 Beds
5.5 Baths
3,245 Sq Ft
$527/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $1,450,000 $447 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $11,524/month

32 Days on Market

Highlights

  • Multiple Fireplaces
  • Cul-De-Sac
  • Central Air
  • Cherry Hill School Rated A+
  • En-Suite Primary Bedroom

About This Home

As of July 2024

This gorgeous 5 bedroom, 5 1/2 bathroom Center Hall Colonial built in 2014 on an existing and new foundation. Sitting on a 10,000sf lot with brick facade, 6' windows throughout, 2 story great room and foyer w/ 8' double doors and custom trim. The home features marble bathrooms, coffered ceilings, hardwood flooring, open floor plan with large 8 foot granite-top island, chef's kitchen with cooktop and double ovens, butler's pantry with wine cooler, wet -bar, walk-in pantry, 2 fireplaces. Primary bedroom has 2 walk-in closets, a large bathroom with a jacuzzi tub. The large 1500+ sf full finished basement allows for recreation space, gym, media/theater room, storage closets and an adult lounge. There is a 2 car garage with a paver driveway. Solar panels installed 7 years ago with 18 years remaining on the lease. Seller pays only $156 a month for electricity. After 120 closing, purchase contingent on signing lease back agreement with the seller until October.

Last Agent to Sell the Property

Christopher Kaufman

Redfin Corporation Listed on: 04/19/2024

Redfin Corporation

Last Buyer's Agent

Carla Ribeiro

Keller Williams Village Square Realty

Keller Williams Village Square Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,860

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • River Dell Middle School
  • River Dell Reg. High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00023 / 01108

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,860

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac
  • View Type:Pond View: None
  • Co List Office Phone: (609) 216-7035
  • Outside Inclusions: All appliances and fixtures as installed.
  • MLS Status: Sold - Sold
  • Directions: On Oak Ave. Take Taft Rd to Taft Ct
  • Reso Fireplace Features: 2 Fireplaces
  • Year Built Details: 2010's,New Const-Existing Fdn
  • Power Production Type: Photovoltaics
  • PropertySubTypeAdditional: Cntr Hl
  • Power Production Ownership: Third-Party Owned
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: Bonus Room, FB, REC ROOM

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Exclusions: Personal Items
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas

Schools

  • High School: River Dell Reg. H.S.
  • Middle Or Junior School: River Dell M.S.

Lot Info

  • Lot Dimensions: 10907
  • Lot Size Sq Ft: 10893.0

Tax Info

  • Tax Annual Amount: 28860.0
  • Tax Block: 01108
  • Tax Lot: 00023

MLS Schools

  • High School Text: River Dell Reg. H.S.

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2025
Sold by
Patel Anita and Patel Kaushika
Bought by
Jain Rajan and Patel Anita
Current Estimated Value
$1,710,990

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jun 22, 2024
Sold by
Gathers Sekuleo and Carine Yolette
Bought by
Patel Anita and Patel Kaushika
Seller's Agent
Christopher Kaufman
Redfin Corporation
Buyer's Agent
Carla Ribeiro
Keller Williams Village Square Realty
List Price
$1,399,000
Sold Price
$1,450,000
Premium/Discount to List
$51,000
3.65%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.92%
Original Mortgage
$1,000,000
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2016
Sold by
Gathers Sekuleo
Bought by
Gathers Sekuleo and Gathers Carine Yolette Marie

Purchase Details

Closed on
Dec 10, 2014
Sold by
Labib Development Llc
Bought by
Gathers Sekuleo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$837,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2014
Sold by
Estate Of Margaret Bergin
Bought by
Labib Development Llc
Source: Public Records
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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
Jain Rajan -- None Listed On Document
Jain Rajan -- None Listed On Document
Patel Anita $1,450,000 Chicago Title
Patel Anita $1,450,000 Chicago Title
Gathers Sekuleo -- Nrt Title Agency Llc
Gathers Sekuleo $930,000 Nrt Title Agency Llc
Labib Development Llc $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Anita $1,000,000
Previous Owner Gathers Sekuleo $837,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2024 07/16/24 Sold $1,450,000 +3.6% $447 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $1,399,000 -- $431 / Sq Ft
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
2025 $30,927 $1,413,000 $379,600 $1,033,400
2024 $30,155 $780,000 $217,600 $562,400
2023 $28,860 $780,000 $217,600 $562,400
2022 $28,860 $780,000 $217,600 $562,400
2021 $26,499 $780,000 $217,600 $562,400
2020 $29,631 $830,000 $217,600 $612,400
2019 $28,784 $830,000 $217,600 $612,400
2018 $28,179 $830,000 $217,600 $612,400
2017 $29,216 $869,000 $217,600 $651,400
2016 $28,555 $869,000 $217,600 $651,400
2015 $27,956 $869,000 $217,600 $651,400
2014 $28,008 $329,500 $217,600 $111,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24011723

New Jersey MLS

APN: 52-01108-0000-00023