NOT LISTED FOR SALE

Estimated Value: $500,000 - $544,000

4 Beds
3 Baths
1,658 Sq Ft
$313/Sq Ft Est. Value

Last Sold June 17, 2024

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

Est. 9% increase in value since last sale

Current estimated payment $3,678/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 $518,795, approximately $312 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

CHRISTIE'S INT. REAL ESTATE GROUP

CHRISTIE'S INT. REAL ESTATE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,344

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

$9,344

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Year Built: 1982
  • County Name: Sussex
  • Street Number Display: 40
  • I D: 5281162
  • Modified: 2024-06-17
  • 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
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$435,000
Sold Price
$475,000
Premium/Discount to List
$40,000
9.2%
Total Days on Market
11
Views
109
Current Estimated Value
$518,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,795
Avg. Annual Appreciation
9.22%
Original Mortgage
$427,500
Outstanding Balance
$423,916
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$94,879

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

Similar Homes in Newton, NJ

  • 11 Kory Rd, Newton, NJ 07860

    $425,000

    • 4 Beds
    • 1.5 Baths
    • 1,682 Sq Ft
    • 11 Kory Rd
    • Newton, NJ

    Welcome to this inviting 5-bedroom, 1.5-bathroom home offering comfort, space, and convenience in a desirable neighborhood. This home features a functional layout with plenty of room to make it your own. Outside, enjoy a spacious backyard ideal for gardening, play, or outdoor gatherings. The large deck is perfect for summer barbecues, morning coffee, or simply relaxing in the fresh air. With

    KAYLA L LEDONNE KRUMPFER REALTY GROUP

    Section Image
  • 24 Ryerson Ave, Newton, NJ 07860

    $449,900

    • 3 Beds
    • 1.5 Baths
    • 24 Ryerson Ave
    • Newton, NJ

    Welcome to this beautifully maintained 3-bedroom, 1.5-bath home located in one of Newton's most desirable neighborhoods! Just a short stroll to schools, vibrant restaurants, shops, and town with amenities, this home offers the perfect blend of convenience and comfort. Step inside to find gleaming refinished hardwood floors and a stylish, updated kitchen featuring granite countertops and ample

    TAMERITH DELLER COLDWELL BANKER REALTY

    Section Image
  • 40 E Shore Dr, Newton, NJ 07860

    $549,900

    • 3 Beds
    • 1 Bath
    • 40 E Shore Dr
    • Newton, NJ

    Lakefront Living at Its Best in this Classic Crandon Lakes Retreat! Welcome to your dream lakefront escape in the heart of Crandon Lakes! This charming, year-round classic lake house offers everything you've been looking for - breathtaking views, modern comforts, and timeless character. Boasting 3 generously sized bedrooms and 1 full bath, this home features beautiful hardwood floors, a cozy

    Elizabeth Sweeny WEICHERT REALTORS

    Section Image
  • 82 E Shore Dr, Newton, NJ 07860

    $549,900

    • 3 Beds
    • 1 Bath
    • 82 E Shore Dr
    • Newton, NJ

    This Lakefront Ranch is not just a residence; it's a lifestyle! Nestled on the shores of Crandon Lakes, this home provides an unparalleled opportunity to embrace the tranquility of LAKEFRONT LIVING while enjoying the modern conveniences. Rustic charm and unique touches adorn this home. Easy one level living with Hardwood Floors, and nicely sized rooms. Propane Gas Fireplace serves as a cozy

    Elizabeth Sweeny WEICHERT REALTORS

    Section Image
  • 31 Plaza Dr, Newton, NJ 07860

    $450,000

    • 2 Beds
    • 1.5 Baths
    • 31 Plaza Dr
    • Newton, NJ

    2 Lake Front Lots! Welcome to your turnkey lakefront escape at 31 Plaza Drive two lots totaling nearly a full acre of pure lakefront bliss! Fully furnished and ready to enjoy from day one, this rare gem offers panoramic views, a brand-new deck for sunset dinners, and direct access to the sparkling waters of Crandon Lakes. With a .21-acre main lot with the house and an adjoining .75-acre

    TOLGA ERZENE KELLER WILLIAMS INTEGRITY

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Leigh Sebastian $375,350 --
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
Previous Owner Leigh Sebastian $364,089
Previous Owner Mcgovern James P $301,200
Previous Owner Mauceri Marc $85,000
Previous Owner Mauceri Marc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3895927

Garden State MLS

APN: 02-00056-0000-00010