NOT LISTED FOR SALE

324 Main St Millburn, NJ 07041

Estimated Value: $878,000 - $1,120,393

3 Beds
1 Bath
1,714 Sq Ft
$566/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $375,000 $219 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $5,905/month

226 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Historic Home

About This Home

As of March 2021

Amazing opportunity to own this home in the desirable Millburn Township! The land is zoned for Commercial Medical Office which is HIGHLY rare and one of the only areas in town left to develop. Don't miss out on this affordable and huge upside building opportunity!

Last Agent to Sell the Property

BRENDAN DASILVA

KELLER WILLIAMS - NJ METRO GROUP Listed on: 04/13/2020

Last Buyer's Agent

BRENDAN DASILVA

KELLER WILLIAMS - NJ METRO GROUP Listed on: 04/13/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,854

Year Built

  • Built in 1890

Lot Details

  • 9,148 Sq Ft Lot
  • Historic Home

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Standard Electricity

Additional Features

  • Gas Oven or Range
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Assessor Parcel Number 1612-01005-0000-00008-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,854

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1890
  • Year Built Description: Historical
  • County Name: Essex
  • Directions: Google Maps
  • I D: 4975726
  • First Name: BRENDAN
  • First Name3: BRENDAN
  • Last Name: DASILVA
  • Last Name3: DASILVA
  • Office Phone: 862-213-0008
  • Office Phone3: 862-213-0008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: CookGas, Range/Oven-Gas
  • Bedrooms: 3
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full
  • Kitchen Area: Not Eat-In Kitchen
  • Phone: 973-783-7400

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 5
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 48X187
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.21

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9854
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-01005-0000-00008-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.930
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2020
Closed on
Mar 18, 2021
Sold by
Ott Donald P
Bought by
324 Main Street Llc
Seller's Agent
BRENDAN DASILVA
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
BRENDAN DASILVA
KELLER WILLIAMS - NJ METRO GROUP
List Price
$499,900
Sold Price
$375,000
Premium/Discount to List
-$124,900
-24.98%
Current Estimated Value
$970,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$595,098
Avg. Annual Appreciation
21.60%
Original Mortgage
$225,000
Outstanding Balance
$201,584
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$768,514
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
324 Main Street Llc $375,000 Title Masters Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 324 Main Street Llc $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2021 03/08/21 Sold $375,000 -6.3% $219 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
08/17/2020 08/17/20 Price Changed $400,000 -11.1% $233 / Sq Ft
07/07/2020 07/07/20 Price Changed $450,000 -3.2% $263 / Sq Ft
06/09/2020 06/09/20 Price Changed $465,000 -7.0% $271 / Sq Ft
04/13/2020 04/13/20 For Sale $499,900 -- $292 / 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 $9,987 $510,600 $402,800 $107,800
2024 $9,987 $510,600 $402,800 $107,800
2022 $9,921 $510,600 $402,800 $107,800
2021 $9,895 $510,600 $402,800 $107,800
2020 $9,834 $510,600 $402,800 $107,800
2019 $9,855 $510,600 $402,800 $107,800
2018 $9,712 $510,600 $402,800 $107,800
2017 $9,477 $510,600 $402,800 $107,800
2016 $8,780 $407,600 $283,500 $124,100
2015 $8,580 $407,600 $283,500 $124,100
2014 $8,217 $407,600 $283,500 $124,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    BRENDAN DASILVA

    KELLER WILLIAMS - NJ METRO GROUP

See All Agents

Map

Source: Garden State MLS

MLS Number: 3627748

Garden State MLS

APN: 12-01005-0000-00008

New Jersey Essex County Millburn 07041

324 Main St, Millburn, NJ

Not Listed for Sale

Detached

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