NOT LISTED FOR SALE

297 High Tor Dr Watchung, NJ 07069

Estimated Value: $1,284,000 - $1,463,000

5 Beds
3.5 Baths
3,331 Sq Ft
$409/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $1,066,000 $320 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $9,386/month

5 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Colonial Architecture
  • Family Room with Fireplace
  • Bayberry Elementary School Rated A-
  • Deck
  • Recreation Room

About This Home

As of April 2021

When an immaculate interior and lovely setting and prime location top your list, look no further than this custom Colonial renovated 2019. This fine home is positioned to take full advantage of all of this thriving community has to offer. Resting on one and half acre, curb appeal is only the beginning. This classic home is designed for today's busy lifestyle. Comfort, convenience and elegance come together beautifully as gleaming hardwood floors, a versatile decor and abundant natural light create an environment for entertaining and daily living. For the home cook, the kitchen offers plenty of cabinet space and counter space/center island. Five bedrooms and two full baths are secluded on the second level.The lower level is fully finished with rec room, wet bar, office, guest room w/full bath and walkout.

Last Agent to Sell the Property

David Burke

RE/MAX PREMIER Listed on: 02/17/2021

RE/MAX PREMIER

Last Buyer's Agent

D. WENDELL CARPENTER

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,973

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 1.5 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Stone Siding
  • Tile

Interior Spaces

  • 3,331 Sq Ft Home
  • Wet Bar
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Schools

  • Bayberry Elementary School
  • Vally View Middle School
  • Watchung High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2721-07008-0000-00016-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,973

Year Built

Built in 1972 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1972
  • Year Built Description: Renovated
  • County Name: Somerset
  • Renovated Year: 2019
  • Street Number Display: 297
  • Directions: Hillcrest Rd to Ridge Rd to High Tor Drive
  • I D: 5043962
  • Modified: 2022-04-23
  • Number Images: 25
  • First Name: DAVID
  • First Name3: D. WENDELL
  • Last Name: BURKE
  • Last Name3: CARPENTER
  • Office Phone: 908-754-1500
  • Office Phone3: 908-766-8347
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace, Living Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Bar-Wet, Carbon Monoxide Detector, Fire Extinguisher, JacuzTyp, Security System, Smoke Detector, Walk-In Closet
  • Number Rooms: 10
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full, Walkout
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Office, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry
  • Kitchen Dim: 22x12
  • Kitchen Level: First
  • Living Room Dim: 25x14
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 14x13
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Dim: 36x12
  • Other Room2 Level: Basement
  • Other Room 3: Bedroom/Office
  • Other Room3 Dim: 15x14
  • Other Room3 Level: Basement
  • Other Room 4: Foyer
  • Other Room4 Dim: 15x12
  • Other Room4 Level: First
  • Other Level Rooms: MudRoom
  • Level 1 Rooms: Dining Room, Foyer, GarEnter, Kitchen, Laundry Room, Living Room, MudRoom, Office, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, SittngRm
  • Estimated Sq Ft: 3331
  • Phone: 908-754-1500

Exterior Features

  • Exterior Description: Stone, Stucco
  • Exterior Features: Deck, Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, InEntrnc
  • Number Garage Spaces: 3
  • Parking Driveway Description: 2 Car Width, Blacktop, Circular

Utilities

  • Cooling: 2 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: BAYBERRY
  • Middle School: VALLY VIEW
  • High School: WATCHUNG
  • High School: WATCHUNG
  • Middle Jr High School: VALLY VIEW

Lot Info

  • Lot Size: 1.50
  • Assessed Improvement Value: 481200
  • Assessed Land Value: 305000
  • Assessment: 786200
  • Easement: Unknown
  • Lot Description: Level Lot, Wooded Lot
  • Lot Identifier: 16
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.50
  • Zoning: RES

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 15973
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2721-07008-0000-00016-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.075
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: BAYBERRY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Apr 20, 2021
Sold by
Cunningham John David and Cunningham Catherine Mahone
Bought by
Ferrari/Manley Family 2016 Declaration Trust and Ferrari
Seller's Agent
David Burke
RE/MAX PREMIER
Buyer's Agent
D. WENDELL CARPENTER
COLDWELL BANKER REALTY
List Price
$965,000
Sold Price
$1,066,000
Premium/Discount to List
$101,000
10.47%
Total Days on Market
5
Current Estimated Value
$1,362,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,080
Avg. Annual Appreciation
5.10%
Original Mortgage
$765,000
Outstanding Balance
$644,233
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$663,647

Purchase Details

Closed on
Jun 2, 1997
Sold by
Lauster Robert
Bought by
Cunningham John and Cunningham Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,000
Interest Rate
7.98%

Purchase Details

Closed on
Oct 29, 1990
Sold by
Goodes Melvin R and Goodes Arlene M
Bought by
Lauster Robert J and Lauster Judith L
Source: Public Records

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Range of Values:

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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
Ferrari/Manley Family 2016 Declaration Trust $1,066,000 Green Hill Title
Cunningham John $571,000 --
Lauster Robert J $595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrari/Manley Family 2016 Declaration Trust $765,000
Previous Owner Cunningham John $457,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $1,066,000 +10.5% $320 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/20/2021 02/20/21 For Sale $965,000 -- $290 / 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
2024 $20,883 $1,045,200 $351,500 $693,700
2023 $20,214 $990,400 $328,400 $662,000
2022 $20,138 $958,500 $318,900 $639,600
2021 $16,214 $843,500 $311,100 $532,400
2020 $16,730 $786,200 $305,000 $481,200
2019 $15,973 $769,800 $305,000 $464,800
2018 $15,010 $753,900 $296,100 $457,800
2017 $14,419 $728,600 $262,000 $466,600
2016 $14,949 $714,900 $262,000 $452,900
2015 $14,345 $677,300 $238,100 $439,200
2014 $14,007 $668,900 $238,100 $430,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3692639

Garden State MLS

APN: 21-07008-0000-00016