31 Bailey Rd Millburn, NJ 07041
Estimated Value: $1,037,752 - $1,165,000
Studio
--
Bath
1,885
Sq Ft
$591/Sq Ft
Est. Value
About This Home
This home is located at 31 Bailey Rd, Millburn, NJ 07041 and is currently estimated at $1,114,938, approximately $591 per square foot. 31 Bailey Rd is a home located in Essex County with nearby schools including Wyoming Elementary School, Millburn Middle School, and Millburn High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 26, 1994
Sold by
Gotlinger Jeffrey
Bought by
Layer Timothy and Layer Natalie
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
8.65%
Purchase Details
Closed on
Nov 17, 1988
Sold by
Hellmuth John W and Hellmuth Mary A
Bought by
Gotlinger Jeffrey B and Gotlinger Marilyn A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Layer Timothy | $241,000 | -- | |
| Gotlinger Jeffrey B | $257,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Layer Timothy | $192,000 |
Source: Public Records
Tax History Compared to Growth
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 | $13,326 | $681,300 | $476,400 | $204,900 |
| 2024 | $13,326 | $681,300 | $476,400 | $204,900 |
| 2022 | $13,238 | $681,300 | $476,400 | $204,900 |
| 2021 | $13,204 | $681,300 | $476,400 | $204,900 |
| 2020 | $13,122 | $681,300 | $476,400 | $204,900 |
| 2019 | $13,149 | $681,300 | $476,400 | $204,900 |
| 2018 | $12,958 | $681,300 | $476,400 | $204,900 |
| 2017 | $12,645 | $681,300 | $476,400 | $204,900 |
| 2016 | $11,199 | $519,900 | $238,200 | $281,700 |
| 2015 | $10,944 | $519,900 | $238,200 | $281,700 |
| 2014 | $10,481 | $519,900 | $238,200 | $281,700 |
Source: Public Records
Map
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