$775,000
SOLD MAR 18, 2025

296 Lake St New Milford, NJ 07646

3 Beds
3 Baths
-- Sq Ft
7,501 Sq Ft Lot

Recently Sold

3% Above List Price

6 Days on Market

Highlights

  • Heated Above Ground Pool
  • Views to the East
  • Central Air
  • New Milford High School Rated A-
  • En-Suite Primary Bedroom
  • Baseboard Heating

About This Home

As of March 2025

LOVELY, COLONIAL HOME ON A PRIVATE, DEAD END STREET AND STILL CONVENIENT TO NYC TRANSPORTATION (AT CORNER) W/WALKING DISTANCE TO ALL 3 SCHOOLS IN TOWN. THE FORMAL LR, NOW USED A LIBRARY, IS BEAUTIFUL WITH HDWD FLOORS, FRENCH DOORS AND LARGE CASEMENT WINDOWS FOR PLENTY OF LIGHT; IT COULD ALSO DOUBLE AS A 1ST FLOOR BEDROOM AS THERE IS A FULL BATH W/SHOWER STALL ON 1ST FLOOR AS WELL. JUST BEYOND THE LIBRARY, WE HAVE AN OPEN CONCEPT FLOOR PLAN THAT INCORPORATES KITCHEN W/ISLAND OVERLOOKING THE DINING ROOM WITH GAS FIREPLACE AND LARGE FAMILY ROOM AREA. THE DR SLIDERS OPEN TO A LARGE 24'X 24' DECK WHICH OVERLOOKS THE TREX DECK W/BUILT-IN ABOVE GRD POOL W/NEW LINER AND NEW HEATER FOR ALL YOUR OUTDOOR ENTERTAINMENT. THE 2ND LEVEL HAS A BRAND NEW, PRIMARY BEDROOM ENSUITE W/NEW JACUZZI TUB, 2 ADD'L BEDROOMS, HALL BATH AND LAUNDRY CUBBY W/SKYLIGHT. AND FOR ALL YOU CABINET MAKERS OR CONTRACTORS WE HAVE A HUGE TANDEM 2 CAR GARAGE W/10'DOOR, A 6' LOFT ABOVE AND ROUGHED IN PLUMBING FOR A BATHROOM. DON'T WAIT TO SEE THIS LOVELY HOME!

Last Agent to Sell the Property

Roberta Gomez

Whitley Realty Listed on: 01/04/2025

Last Buyer's Agent

Rob Alvarez

Prominent Properties Sotheby's International Realty-Edgewater

Prominent Properties Sotheby's International Realty-Edgewater

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,110

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 60 x 125
  • Rectangular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • Gas Fireplace
  • Views to the East
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Pool

  • Heated Above Ground Pool
  • Pool Liner

Schools

  • Bf Gibbs Elementary School
  • David E Owens Middle School
  • NMHS High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 5 / 1208

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,110

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: East
  • Co List Office Phone: 201-967-1500
  • Outside Inclusions: ALL APPLIANCES INC WASHER AND DRYER
  • MLS Status: Sold - Sold
  • Directions: MILFORD AVE TO LAKE (DEAD END)
  • Reso Fireplace Features: 1 Fireplace, Gas
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Sidehall
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Primary Bathroom: Yes
  • Basement Remarks: FULL, FINISHED, STORAGE, UTILITIES

Exterior Features

  • Pool Features: Above Ground, Heated, Liner
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Schools

  • Elementary School: BF GIBBS
  • High School: NMHS
  • Middle Or Junior School: DAVID E OWENS MIDDLE
  • Elementary: BF GIBBS

Lot Info

  • Lot Dimensions: 60 X 125
  • Lot Size Sq Ft: 7501.0

Tax Info

  • Tax Annual Amount: 14110.0
  • Tax Block: 1208
  • Tax Lot: 5

MLS Schools

  • High School Text: NMHS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2025
Closed on
Mar 9, 2025
Sold by
Melendez Narcisco James and Ward James Oliver
Bought by
Paez Diego J and Paez Catherine
Seller's Agent
Roberta Gomez
Whitley Realty
Buyer's Agent
Rob Alvarez
Prominent Properties Sotheby's International Realty-Edgewater
List Price
$750,000
Sold Price
$775,000
Premium/Discount to List
$25,000
3.33%
Views
31
Current Estimated Value
$771,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,085
Avg. Annual Appreciation
-0.81%
Original Mortgage
$775,000
Outstanding Balance
$771,033
Interest Rate
6.87%
Mortgage Type
VA
Estimated Equity
$882

Purchase Details

Listed on
Jan 26, 2023
Closed on
Apr 14, 2023
Sold by
Ashman George W and Ashman Barbara J
Bought by
Melendez Narei-Seo James
Seller's Agent
Roberta Gomez
Whitley Realty
Buyer's Agent
Eugene Cordano
Brown Harris Stevens New Jersey
List Price
$659,900
Sold Price
$650,000
Premium/Discount to List
-$9,900
-1.5%
Views
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.81%
Original Mortgage
$595,237
Interest Rate
6.32%
Mortgage Type
FHA
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 Type Sale Price Title Company
Bargain Sale Deed $775,000 None Listed On Document
Bargain Sale Deed $775,000 None Listed On Document
Bargain Sale Deed $650,000 None Listed On Document
Bargain Sale Deed $650,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $775,000 VA
Closed $775,000 VA
Previous Owner $595,237 FHA
Previous Owner $40,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Sold $775,000 +3.3% --
01/10/2025 01/10/25 Pending -- -- --
01/04/2025 01/04/25 For Sale $750,000 +15.4% --
05/01/2023 05/01/23 Sold $650,000 -1.5% --
02/27/2023 02/27/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $659,900 -- --
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 $14,542 $698,500 $396,300 $302,200
2024 $14,110 $360,400 $160,000 $200,400
2023 $13,418 $360,400 $160,000 $200,400
2022 $13,418 $360,400 $160,000 $200,400
2021 $13,147 $360,400 $160,000 $200,400
2020 $12,992 $360,400 $160,000 $200,400
2019 $12,769 $360,400 $160,000 $200,400
2018 $12,434 $360,400 $160,000 $200,400
2017 $12,182 $360,400 $160,000 $200,400
2016 $11,972 $360,400 $160,000 $200,400
2015 $11,731 $360,400 $160,000 $200,400
2014 $11,381 $360,400 $160,000 $200,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24050801

New Jersey MLS

APN: 38-01208-0000-00005