NOT LISTED FOR SALE

40 Penn Ave Newton, NJ 07860

Andover Township Neighborhood

Estimated Value: $473,000 - $534,250

4 Beds
3 Baths
1,658 Sq Ft
$309/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $475,000 $286 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,539/month

11 Days on Market

About This Home

As of June 2024

This home is located at 40 Penn Ave, Newton, NJ 07860 since 13 April 2024 and is currently estimated at $513,063, approximately $309 per square foot. This property was built in 1982. 40 Penn Ave is a home located in Sussex County with nearby schools including Florence M. Burd School, Long Pond School, and Reverand George A. Brown School.

Last Agent to Sell the Property

RACHEL BUCCI

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 04/13/2024

Last Buyer's Agent

Jacqueline Haynes

CENTURY 21 THE CROSSING

CENTURY 21 THE CROSSING

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,694

Year Built

  • Built in 1982

Lot Details

  • 0.56 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,694

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Year Built: 1982
  • County Name: Sussex
  • Street Number Display: 40
  • I D: 5281162
  • Modified: 2025-06-18
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 120X200
  • Total Acres: 0.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2024
Closed on
Jun 6, 2024
Sold by
Sebastian Leigh
Bought by
Jordan Matthew and Jordan Sarah
Seller's Agent
RACHEL BUCCI
EXP REALTY, LLC
Buyer's Agent
Jacqueline Haynes
CENTURY 21 THE CROSSING
List Price
$435,000
Sold Price
$475,000
Premium/Discount to List
$40,000
9.2%
Views
109
Current Estimated Value
$513,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,063
Avg. Annual Appreciation
6.06%
Original Mortgage
$427,500
Outstanding Balance
$422,045
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$91,018

Purchase Details

Closed on
Aug 11, 2022
Sold by
Mcgovern James P and Mcgovern Mary T
Bought by
Leigh Sebastian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,089
Interest Rate
5.22%

Purchase Details

Closed on
Jun 6, 2006
Sold by
Mcgovern James P and Mcgovern Mary T
Bought by
Mcgovern James P and Mcgovern Mary T

Purchase Details

Closed on
Mar 3, 2005
Sold by
Mauceri Marc and Mauceri Laura
Bought by
Mcgovern James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,200
Interest Rate
5.66%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 30, 1993
Sold by
Silver Elaine and Silver Thomas Nooney
Bought by
Mauceri Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7%
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 Buyer Sale Price Title Company
Jordan Matthew $475,000 Land Quest Title
Jordan Matthew $475,000 Land Quest Title
Leigh Sebastian $375,350 --
Leigh Sebastian $375,350 None Listed On Document
Mcgovern James P -- Cornerstone Abstract & Title
Mcgovern James P $376,500 Cornerstone Abstract & Title
Mauceri Marc $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Matthew $427,500
Closed Jordan Matthew $427,500
Previous Owner Leigh Sebastian $364,089
Previous Owner Mcgovern James P $301,200
Previous Owner Mauceri Marc $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2024 06/17/24 Sold $475,000 +9.2% $286 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $435,000 -- $262 / 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 $9,694 $230,100 $80,600 $149,500
2024 $9,344 $230,100 $80,600 $149,500
2023 $9,344 $230,100 $80,600 $149,500
2022 $8,955 $230,100 $80,600 $149,500
2021 $8,827 $230,100 $80,600 $149,500
2020 $8,599 $230,100 $80,600 $149,500
2019 $8,399 $230,100 $80,600 $149,500
2018 $8,267 $230,100 $80,600 $149,500
2017 $8,090 $230,100 $80,600 $149,500
2016 $7,830 $230,100 $80,600 $149,500
2015 $9,279 $260,500 $98,200 $162,300
2014 $9,078 $260,500 $98,200 $162,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    RACHEL BUCCI

    EXP REALTY, LLC

  • Jacqueline Haynes

    Buyer's Agent in 2024

    Jacqueline Haynes

    CENTURY 21 THE CROSSING

    (201) 230-3312

    1 in this area

    138 Total Sales

    Jacqueline Haynes
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3895927

Garden State MLS

APN: 02-00056-0000-00010

New Jersey Sussex County Newton 07860 Andover Township

40 Penn Ave, Newton, NJ

This home is located at 40 Penn Ave, Newton, NJ 07860 since 13 April 2024 and is currently estimated at $513,063, approximately $309 per square foot. This property was built in 1982. 40 Penn Ave is a home located in Sussex County with nearby schools including Florence M. Burd School, Long Pond School, and Reverand George A. Brown School.

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