NOT LISTED FOR SALE

31 Cold Brook Rd Oldwick, NJ 08858

Estimated Value: $1,599,000 - $3,159,000

5 Beds
4.5 Baths
5,345 Sq Ft
$470/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $2,300,000 $430 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $15,155/month

213 Days on Market

Highlights

  • Barn or Stable
  • In Ground Pool
  • Colonial Architecture
  • Old Turnpike School Rated A
  • 40 Acre Lot
  • Fireplace in Kitchen

About This Home

As of July 2017

'Cold Brook Farm' - A rare opportunity in the heart of the Essex Hunt Country. This 40-acre landmark property is offered for the first time in forty years. Property is farm assessed. The main house is a rambling antique Colonial, circa 1850, with later additions in 1900 and 1940. The spacious floor plan features fourteen rooms, including formal living and dining rooms, a library, four bedrooms - some with sitting rooms - and four full baths. There is also a three bedroom caretaker's cottage, a three-story 1850's timber frame bank barn with four stalls and an office, a studio barn with an office, an equipment barn with a tool shed, a sheep barn and a fourth barn with four more stalls. Four fenced pastures, a one acre pond and gorgeous views complete this bucolic setting.

Last Agent to Sell the Property

Karen Tourville

TURPIN REAL ESTATE, INC. Listed on: 10/07/2016

Co-Listed By

GERALD MARCUS

TURPIN REAL ESTATE, INC.

Last Buyer's Agent

Karen Tourville

TURPIN REAL ESTATE, INC. Listed on: 10/07/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,427

Year Built

  • Built in 1850

Lot Details

  • 40 Acre Lot
  • Wood Fence
  • Level Lot
  • Open Lot
  • Wooded Lot

Parking

  • 4 Car Garage
  • Circular Driveway
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Wood Siding
  • Clapboard

Interior Spaces

  • 5,345 Sq Ft Home
  • Beamed Ceilings
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 5 Fireplaces
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Utility Room
  • Attic
  • Unfinished Basement

Kitchen

  • Eat-In Country Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Fireplace in Kitchen

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Pond
  • Enclosed Patio or Porch
  • Separate Outdoor Workshop
  • Outbuilding

Schools

  • Oldturnpke Elementary School
  • Tewksbury Elementary Middle School
  • Voorhees High School

Horse Facilities and Amenities

  • Barn or Stable

Utilities

  • Radiator
  • Standard Electricity
  • Propane
  • Private Water Source
  • Oil Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1924-00042-0000-00004-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,427

Year Built

Built in 1850

Lot Details

0

Parking

4

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1850
  • Year Built Description: Approximate
  • County Name: Hunterdon
  • Exclusions: Chandelier in enclosed porch, ceilng light in office in Main Barn.
  • Directions: Lamington Road to Cold Brook Road, farm will be on the left. Note: Bridge on Vliettown Road is under construction.
  • I D: 4662141
  • Section Subdiv Development: Oldwick
  • First Name: KAREN
  • First Name2: GERALD
  • First Name3: KAREN
  • Last Name: TOURVILLE
  • Last Name2: MARCUS
  • Last Name3: TOURVILLE
  • Office Phone: 973-543-7400
  • Office Phone2: 973-543-7400 ext 15
  • Office Phone3: 973-543-7400
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl-Linoleum, Wood
  • Fireplace Description: Bedroom 1, Dining Room, Kitchen, Library, Living Room
  • Number of Fireplaces: 5
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, OvnWElec, Refrigerator, Dishwasher
  • Interior Amenities: Beam Ceilings, Walk-In Closet, Smoke Detector
  • Bedrooms: 5
  • Master Bedroom Desc: Dressing Room, Fireplace, Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Country Kitchen, Eat-In Kitchen
  • Kitchen Dim: 16x20
  • Kitchen Level: First
  • Living Room Dim: 17x23
  • Living Room Level: First
  • Other Room 1: Library
  • Other Room1 Dim: 11x12
  • Other Room1 Level: First
  • Other Room 2: Screened Patio/Porch
  • Other Room2 Dim: 12x13
  • Other Room2 Level: First
  • Other Room 3: Bedroom/Office
  • Other Room3 Dim: 13x14
  • Other Room3 Level: Second
  • Other Room 4: Office
  • Other Room4 Dim: 8x9
  • Other Room4 Level: Second
  • Level 1 Rooms: Porch, Kitchen, Powder Room, Foyer, Library, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Office, Bath Main
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 5345
  • Phone: 973-543-7400

Exterior Features

  • Exterior Description: Clapboard, Wood
  • Exterior Features: Wood Fence, Barn/Stable, Outbuilding(s), Workshop, Patio, Enclosed Porch(es)
  • Pool: Yes
  • Pool Description: In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Garage Spaces: 4
  • Parking Driveway Description: Gravel, Circular

Utilities

  • Fuel Type: OilAbIn
  • Heating: 1 Unit, Radiators - Hot Water
  • Sewer: Private, Septic 4 Bedroom Town Verified
  • Utilities: Gas-Propane, Electric
  • Water: Private
  • Water Heater: Oil

Schools

  • High School: VOORHEES
  • Middle Jr High School: TEWKSBURY ES

Lot Info

  • Lot Size: 40 acres
  • Farm Assessment: Yes
  • Lot Description: Open Lot, Pond On Lot, Wooded Lot, Level Lot
  • Lot I D Tax: *
  • Total Acres: 40.00
  • Zoning: Residential

Tax Info

  • Assessed Improvement Value: *
  • Street Number Tax: *
  • Tax Amount: 21427
  • Assessor Parcel Number: 1924-00042-0000-00004-0000-
  • Tax Rate Amount: 2.357
  • Tax Rate Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: OLDTURNPKE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2022
Sold by
Schwab Frank and Schwab Elena
Bought by
Cold Brook Vineyard Inc
Current Estimated Value
$2,512,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$72,019
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,440,433

Purchase Details

Closed on
Jul 17, 2018
Sold by
Schwab Frank and Schwab Elena
Bought by
Schwab Frank and Schwab Elena

Purchase Details

Listed on
Oct 7, 2016
Closed on
Jul 14, 2017
Sold by
Chapin Charles M and Chapin Jean M
Bought by
Schwab Frank and Schwab Elena
Seller's Agent
Karen Tourville
TURPIN REAL ESTATE, INC.
Buyer's Agent
Karen Tourville
TURPIN REAL ESTATE, INC.
List Price
$2,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$195,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.06%
Original Mortgage
$1,788,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cold Brook Vineyard Inc $1,200,000 Old Republic Title
Cold Brook Vineyard Inc $1,200,000 Old Republic Title
31 Cold Brook Inc $2,500,000 --
31 Cold Brook Inc $2,500,000 None Listed On Document
Schwab Frank -- None Available
Schwab Frank $2,235,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cold Brook Vineyard Inc $85,000
Closed Cold Brook Vineyard Inc $85,000
Previous Owner Schwab Frank $1,788,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2017 07/14/17 Sold $2,300,000 -7.8% $430 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
10/07/2016 10/07/16 For Sale $2,495,000 -- $467 / 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 $22,648 $932,400 $160,000 $772,400
2024 $22,378 $932,400 $160,000 $772,400
2023 $22,378 $947,400 $175,000 $772,400
2022 $21,403 $941,600 $175,000 $766,600
2021 $21,393 $941,600 $175,000 $766,600
2020 $20,885 $941,600 $175,000 $766,600
2019 $22,911 $886,300 $390,500 $495,800
2018 $22,565 $886,300 $390,500 $495,800
2017 $22,308 $886,300 $390,500 $495,800
2016 $21,581 $886,300 $390,500 $495,800
2015 $20,890 $886,300 $390,500 $495,800
2014 $20,606 $886,300 $390,500 $495,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3341326

Garden State MLS

APN: 24-00042-0000-00004