NOT LISTED FOR SALE

284 Morris Ave Mountain Lakes, NJ 07046

Estimated Value: $2,162,000 - $2,226,067

5 Beds
4.5 Baths
4,750 Sq Ft
$462/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $1,423,000 $300 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $15,100/month

42 Days on Market

Highlights

  • Custom Home
  • 5-minute walk to Mountain Lakes
  • Family Room with Fireplace
  • Wildwood Elementary School Rated A+
  • Deck
  • Recreation Room

About This Home

As of September 2020

Impressive young custom colonial located in the heart of ML near schools, Midvale docks, Train Station, Library, Post Office & restaurants. Over 7500 sq feet of exceptional craftsmanship, arched door ways, dramatic 2 story family room with stone fireplace, expansive gourmet kitchen w/white custom cabinetry, Subzero/top-name appliances, and breakfast area that opens to deck for ease of outdoor entertaining. Gleaming hardwood floors, moldings and fine finishes throughout this quality built home. Luxurious master suite with tray ceiling, fireplace, his and her California closets and balcony overlooking the manicured grounds; beautiful master bath with large stall shower and soaking tub. Fabulous walkout basement with full bath has in-law suite potential. Circular drive, Top amenities! Truly the best-of-the best!

Last Agent to Sell the Property

THERESA OLSHANSKI

REALTY EXECUTIVES EXCEPTIONAL Listed on: 06/26/2020

Last Buyer's Agent

Ryan Dougherty

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,152

Year Built

  • Built in 2003

Lot Details

  • 0.8 Acre Lot
  • Level Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Additional Parking

Home Design

  • Custom Home
  • Colonial Architecture
  • Stone Siding
  • Tile

Interior Spaces

  • Sound System
  • Dry Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Recreation Room
  • Game Room
  • Storage Room
  • Laundry Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

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

Finished Basement

  • Walk-Out Basement
  • Garage Access

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Wildwood Elementary School
  • Briarcliff Middle School
  • Mtn. Lakes High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2325-00104-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,152

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Style: Custom Home, Colonial
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 2003
  • Year Built Description: Approximate
  • County Name: Morris
  • Possible Other Uses: Home-Office
  • Street Number Display: 284
  • Directions: Route 46 to Boulevard, Right on Crane, Left on Morris
  • I D: 4993546
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: School
  • First Name: THERESA
  • First Name3: RYAN
  • Last Name: OLSHANSKI
  • Last Name3: DOUGHERTY
  • Office Phone: 973-575-6700 x1046
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Stone, Tile, Wood
  • Fireplace Description: Bedroom 1, Family Room, Gas Fireplace, Living Room
  • Number of Fireplaces: 3
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Microwave Oven, Refrigerator, OvnWElec, Water Softener-Own, WineRefr
  • Interior Amenities: Bar-Dry, Blinds, Carbon Monoxide Detector, Cathedral Ceiling, High Ceilings, Security System, Smoke Detector, Stereo System, Walk-In Closet
  • Number Rooms: 19
  • Bedrooms: 5
  • Master Bedroom Desc: Fireplace, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Bath(s) Other, Exercise Room, GameRoom, GarEnter, Laundry Room, Rec Room, Storage Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath, Living Room, SepEnter
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen, Pantry
  • Kitchen Dim: 30x18
  • Kitchen Level: First
  • Living Room Dim: 23x15
  • Living Room Level: First
  • Other Room 1: Library
  • Other Room1 Dim: 16x16
  • Other Room1 Level: First
  • Other Room 2: Bedroom
  • Other Room2 Dim: 31x20
  • Other Room2 Level: Third
  • Other Room 3: Rec Room
  • Other Room3 Dim: 27x19
  • Other Room3 Level: Basement
  • Other Room 4: Game Room
  • Other Room4 Dim: 17x14
  • Other Room4 Level: Basement
  • Level 1 Rooms: Dining Room, Family Room, Foyer, Kitchen, Library, Living Room, Office, Pantry, Porch, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Porch
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other, Office
  • Phone: 973-575-6700

Exterior Features

  • Exterior Description: Stone, Stucco
  • Exterior Features: Deck, Open Porch(es), Patio, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage, Garage Door Opener, Oversize Garage
  • Number Garage Spaces: 3
  • Number Parking Spaces: 8
  • Parking Driveway Description: Additional Parking, Blacktop, Circular

Utilities

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

Condo/Co-op/Association

  • Home Warranty: Yes

Schools

  • Elementary School: Wildwood
  • Middle School: BriarCliff
  • High School: MTN. Lakes
  • High School: MTN. Lakes
  • Middle Jr High School: BriarCliff

Lot Info

  • Lot Size: .803 AC
  • Assessed Improvement Value: 876300
  • Assessed Land Value: 460200
  • Assessment: 1336500
  • Lot Description: Level Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.80
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 36152
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2325-00104-0000-00003-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.705
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Wildwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Sep 17, 2020
Sold by
Hermanson Todd A and Hermanson Susan C
Bought by
Booth Paul and Becht Samantha
Seller's Agent
THERESA OLSHANSKI
REALTY EXECUTIVES EXCEPTIONAL
Buyer's Agent
Ryan Dougherty
COMPASS NEW JERSEY, LLC
List Price
$1,499,000
Sold Price
$1,423,000
Premium/Discount to List
-$76,000
-5.07%
Current Estimated Value
$2,195,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$772,517
Avg. Annual Appreciation
8.28%
Original Mortgage
$1,138,400
Outstanding Balance
$1,010,700
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,105,367

Purchase Details

Closed on
Aug 17, 2007
Sold by
Kuchinski Joseph J and Kuchinski Andrea
Bought by
Hermanson Todd A and Hermanson Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,795,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2002
Sold by
Dimarco Holding
Bought by
Kuchinski Joe and Kuchinski Andrewa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.15%

Purchase Details

Closed on
Jul 9, 2001
Sold by
Stewart Title Guaranty
Bought by
Dimarco Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.06%

Purchase Details

Closed on
Apr 22, 1999
Sold by
Pearl Bernard D
Bought by
Pearl Alyson J

Purchase Details

Closed on
Jan 29, 1999
Sold by
Spectrum Mtg Company Summit Bank
Bought by
West Wind Realty Llc
Source: Public Records

Range of Values:

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Average Value
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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
Booth Paul $1,423,000 Westcor Land Title Ins Co
Booth Paul $1,423,000 Westcor Land Title
Hermanson Todd A $1,795,000 Colonial Title & Abstract Se
Kuchinski Joe $650,000 --
Dimarco Holding Llc $525,000 --
Pearl Alyson J -- --
West Wind Realty Llc $51,005 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Booth Paul $1,138,400
Closed Booth Paul $1,138,400
Previous Owner Hermanson Todd A $910,000
Previous Owner Hermanson Todd A $1,000,000
Previous Owner Hermanson Todd A $445,000
Previous Owner Hermanson Todd A $1,795,000
Previous Owner Kuchinski Joe $450,000
Previous Owner Dimarco Holding Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $1,423,000 -1.9% $300 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
07/29/2020 07/29/20 Price Changed $1,449,900 -3.3% $305 / Sq Ft
06/26/2020 06/26/20 For Sale $1,499,000 -- $316 / 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 $40,832 $1,823,800 $530,700 $1,293,100
2024 $40,413 $1,709,900 $492,400 $1,217,500
2023 $40,413 $1,598,600 $460,500 $1,138,100
2022 $39,722 $1,468,400 $453,000 $1,015,400
2021 $36,152 $1,415,600 $440,000 $975,600
2020 $37,449 $1,336,500 $460,200 $876,300
2019 $36,152 $1,336,500 $460,200 $876,300
2018 $35,123 $1,336,500 $460,200 $876,300
2017 $34,375 $1,336,500 $460,200 $876,300
2016 $33,773 $1,336,500 $460,200 $876,300
2015 $32,985 $1,336,500 $460,200 $876,300
2014 $32,370 $1,336,500 $460,200 $876,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3643505

Garden State MLS

APN: 25-00104-0000-00003