NOT LISTED FOR SALE

40 Suffolk Ln Tenafly, NJ 07670

Estimated Value: $3,947,306 - $4,735,000

6 Beds
7 Baths
6,312 Sq Ft
$689/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $3,000,000 $475 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $30,867/month

237 Days on Market

Highlights

  • 40,511 Sq Ft lot
  • Views to the West
  • Deck
  • Tenafly Middle School Rated A+
  • Colonial Architecture
  • Property is near a park

About This Home

As of April 2021

Incredible colonial located on a private acre in a cul-de-sac of Tenafly's East Hill, built in 2009. No detail overlooked, this house is perfect for entertaining! 1st level includes 2-story foyer w/ dramatic staircase, spectacular great room, family room w/ custom built-ins, bright kitchen w/ Sub-zero and Wolf appliances, butler's pantry, and full service wet bar. Custom cherry wood office & 1st of 2 full master suites complete first level w 2 powder rooms. All 1st & 2nd fl BR's & powder rooms have radiant heated floors. 2nd fl features 2nd luxurious master suite w sitting area, laundry room & 4 add'l BR suites. Lower level has impressive wine cellar, gym, theater, BR suite, powder room and huge entertaining space. All of this and the best is yet to come. Outside is enclosed 2-tier yard w patio, immaculate heated saltwater pool w Jacuzzi, full service cabana,& granite BBQ area.The VIRTUAL TOUR link for this listing contains a complete interactive 3D model of the home

Last Listed By

Jason Pierce

Prominent Properties Sotheby's International Realty-Tenafly Listed on: 07/01/2020

Prominent Properties Sotheby's International Realty-Tenafly

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $73,944

Year Built

  • 2010

Lot Details

  • 0.93 Acre Lot
  • Cul-De-Sac
  • Sprinkler System

Home Design

  • Built in the 2010s
  • Colonial Architecture
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • Central Vacuum
  • Skylights
  • Gas Fireplace
  • Views to the West
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Intercom

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • 7 Full Bathrooms

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools

Utilities

  • Zoned Heating and Cooling
  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • Security

Listing and Financial Details

  • Assessor Parcel Number 026102203 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$73,944

Year Built

2010

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: Cntr Stairwl
  • Lifestyle: Close/Parks, Close/School, Close/Trans, Close/Wrshp
  • Miscellaneous: Central Vac, Hdwd As In, Intercom, Security, Skylights, Sprinklers, Deck / Patio
  • Views/Exposure: West
  • Year Built: 2010's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 14
  • Fireplace: 4 Fireplaces, Gas
  • Bedrooms: 6
  • Total Bathrooms: 7.00
  • Primary Bathroom: Y
  • Full Bathrooms: 7
  • Basement: Finished, Full
  • Basement: Full Finished, Theater
  • Items Not Included: Personal Items

Exterior Features

  • Exterior: Stone, Mason/stucco
  • Waterfront: None

Garage/Parking

  • Garage: 3+car Garage, Attached, Gar Opener

Utilities

  • Heating: Baseboard, Gas, Hot Air, Radiant, Multi-Zone
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air, Multi-Zone

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: BERGEN
  • Locale: 100
  • Lot: 00004
  • Lot Description: Cul-de-sac
  • Estimated Lot Sq Ft: 40511

Tax Info

  • Tax: 73944
  • Assessor Parcel Number: 026102203 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Apr 28, 2021
Sold by
Soufan Ali and Hutcheson Soufan Heather
Bought by
Randev Ankur and Randev Rachna
Seller's Agent
Jason Pierce
Prominent Properties Sotheby's International Realty-Tenafly
Buyer's Agent
Orly Chen
RE/MAX Properties Plus
List Price
$3,890,000
Sold Price
$3,000,000
Premium/Discount to List
-$890,000
-22.88%
Total Days on Market
237
Current Estimated Value
$4,348,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,348,827
Avg. Annual Appreciation
9.58%
Original Mortgage
$2,400,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2011
Sold by
Efss At Tenafly Llc
Bought by
Soufan Ali and Hutchinson Soufan Heather J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,887,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1994
Sold by
Firestone Murray and Firestone Natalie
Bought by
Weiss John and Weiss Sonia

Range of Values:

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Average Value
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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
Randev Ankur $3,000,000 Old Republic Natl Ttl Ins Co
Soufan Ali $3,850,000 --
Weiss John $665,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Randev Ankur $2,400,000
Previous Owner Hutcheson $1,645,000
Previous Owner Soufan Ali $2,887,000
Previous Owner Efss At Tenafly Llc $4,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $3,000,000 -9.1% $475 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
01/21/2021 01/21/21 Price Changed $3,300,000 -5.7% $523 / Sq Ft
11/23/2020 11/23/20 Price Changed $3,499,000 -5.4% $554 / Sq Ft
08/12/2020 08/12/20 Price Changed $3,700,000 -4.9% $586 / Sq Ft
07/01/2020 07/01/20 For Sale $3,890,000 -- $616 / 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
2024 $79,695 $2,875,000 $1,079,100 $1,795,900
2023 $77,769 $2,875,000 $1,079,100 $1,795,900
2022 $77,769 $2,875,000 $1,079,100 $1,795,900
2021 $59,503 $2,875,000 $1,079,100 $1,795,900
2020 $92,154 $3,520,000 $1,079,100 $2,440,900
2019 $90,534 $3,520,000 $1,079,100 $2,440,900
2018 $89,126 $3,520,000 $1,079,100 $2,440,900
2017 $88,810 $3,520,000 $1,079,100 $2,440,900
2016 $91,706 $3,708,300 $1,079,100 $2,629,200
2015 $89,667 $3,708,300 $1,079,100 $2,629,200
2014 $87,998 $3,708,300 $1,079,100 $2,629,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20025116

New Jersey MLS

APN: 61-02203-0000-00004