$1,950,000
SOLD MAY 14, 2025

40 Cambridge Dr Allendale, NJ 07401

4 Beds
2.5 Baths
3,954 Sq Ft
1.29 Acres

Recently Sold

$493 Per Sq Ft

9% Above List Price

7 Days on Market

Highlights

  • In Ground Pool
  • River Front
  • Views to the North
  • Hillside Elementary School Rated A
  • 56,018 Sq Ft lot
  • Multiple Fireplaces

About This Home

As of May 2025

One-of-a-kind center hall colonial set on nearly 1.3 acres of breathtaking park-like property in one of Allendalea€TMs most desirable neighborhoods. A beautiful entryway welcomes you to a seamless layout, including a sunlit living room, formal dining room and a gourmet eat-in kitchen with French doors to an expansive covered terrace. The inviting family room features a wood-burning fireplace and the nearby den or playroom leads you to a convenient mudroom and attached garage. Upstairs youa€TMll find 4 bedrooms including a luxurious primary suite with a sitting area, gas fireplace, ensuite bath and private office. The finished lower level boasts a newly-built custom 1,300-bottle wine room, TV room and game room. The thoughtfully designed backyard is perfect for entertaining with an in-ground pool, hot tub, and tranquil views of the babbling brook from every angle. Ideal location to top-rated schools, shops, transportation & more.

Last Agent to Sell the Property

Laura Gill

Keller Williams Village Square Realty Listed on: 04/03/2025

Keller Williams Village Square Realty

Last Buyer's Agent

Claudia Sanchez

Christie's International Real Estate Group-Allendale

Christie's International Real Estate Group-Allendale

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,806

Lot Details

  • 1.29 Acre Lot
  • River Front
  • Rectangular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Gas Fireplace
  • Views to the North

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • In Ground Pool
  • Pool Liner

Schools

  • Hillside Elementary School
  • Brookside Middle School
  • Northern Highlands School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 13 / 2203

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,806

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: North
  • Co List Office Phone: 201-445-4300
  • Outside Inclusions: Shed, W/D, Appliances
  • MLS Status: Sold - Sold
  • Directions: W. Crescent to Oakwood to Princeton to Cambridge
  • Reso Fireplace Features: 2 Fireplaces, Gas
  • Year Built Details: 1960's,2010's,Renovated,Build Prior to 1978
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Primary Bathroom: Yes
  • Basement Remarks: TV Rm, Game Rm, Wine Rm, Storage

Exterior Features

  • Pool Features: In Ground, Liner, Outdoor Pool
  • Waterfront Features: River Front
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: Kitchen Coffee Maker and Wine Fridge "As is"
  • Construction Type: Cement Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air

Schools

  • Elementary School: Hillside
  • High School: Northern Highlands
  • Middle Or Junior School: Brookside
  • Elementary: Hillside

Lot Info

  • Lot Dimensions: 1.286 acre
  • Lot Size Sq Ft: 56018.0

Tax Info

  • Tax Annual Amount: 24806.0
  • Tax Block: 2203
  • Tax Lot: 13

MLS Schools

  • High School Text: Northern Highlands

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2025
Closed on
May 12, 2025
Sold by
Labbate Keith and Labbate Catherine
Bought by
Osprey Brook Llc
Seller's Agent
Laura Gill
Keller Williams Village Square Realty
Buyer's Agent
Claudia Sanchez
Christie's International Real Estate Group-Allendale
List Price
$1,795,000
Sold Price
$1,950,000
Premium/Discount to List
$155,000
8.64%
Views
29
Current Estimated Value
$1,871,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$78,004
Avg. Annual Appreciation
-14.09%

Purchase Details

Closed on
Oct 27, 2010
Sold by
Cooper Alan and Cooper Phyllis
Bought by
Labbate Keith and Labbate Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,500
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $1,950,000 Prestige Title
Deed $995,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $497,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Sold $1,950,000 +8.6% $493 / Sq Ft
04/16/2025 04/16/25 Off Market $1,795,000 -- --
04/10/2025 04/10/25 Pending -- -- --
04/03/2025 04/03/25 For Sale $1,795,000 -- $454 / Sq Ft
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 $24,806 $1,230,000 $466,100 $763,900
2024 $25,310 $1,176,200 $451,700 $724,500
2023 $24,441 $1,151,000 $443,600 $707,400
2022 $24,441 $1,073,400 $397,300 $676,100
2021 $24,098 $1,025,900 $366,900 $659,000
2020 $24,297 $1,006,900 $362,400 $644,500
2019 $23,652 $1,006,900 $362,400 $644,500
2018 $23,129 $1,006,900 $362,400 $644,500
2017 $23,038 $1,006,900 $362,400 $644,500
2016 $23,068 $1,006,900 $362,400 $644,500
2015 $22,605 $1,006,900 $362,400 $644,500
2014 $23,053 $967,400 $362,400 $605,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 25009955

New Jersey MLS

APN: 01-02203-0000-00013