NOT LISTED FOR SALE

40 Walnut Ave Millburn, NJ 07041

Estimated Value: $1,366,000 - $1,402,345

4 Beds
3 Baths
2,190 Sq Ft
$629/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $1,275,000 $582 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,553/month

11 Days on Market

About This Home

As of September 2024

This home is located at 40 Walnut Ave, Millburn, NJ 07041 since 26 July 2024 and is currently estimated at $1,376,586, approximately $628 per square foot. This property was built in 1927. 40 Walnut Ave is a home located in Essex County with nearby schools including South Mountain School, Millburn Middle School, and Millburn High School.

Last Agent to Sell the Property

Jessica Gonzalez

SIGNATURE REALTY NJ Brokerage Phone: 973-921-1111 Listed on: 07/26/2024

SIGNATURE REALTY NJ

Last Buyer's Agent

Mukta Bhatia

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 7,405 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Year Built: 1927
  • County Name: Essex
  • I D: 5303332
  • Attribution Contact: 973-921-1111
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 50X150
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Sep 25, 2024
Sold by
Patrone Nora
Bought by
Boruah Bismit Bikash and Barooah Priyanka
Seller's Agent
Jessica Gonzalez
SIGNATURE REALTY NJ
Buyer's Agent
Mukta Bhatia
COLDWELL BANKER REALTY
List Price
$1,100,000
Sold Price
$1,275,000
Premium/Discount to List
$175,000
15.91%
Views
49
Current Estimated Value
$1,376,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,586
Avg. Annual Appreciation
6.27%
Original Mortgage
$750,000
Outstanding Balance
$742,278
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$634,308

Purchase Details

Closed on
Feb 20, 1992
Sold by
Babcook Anne
Bought by
Patrone Neal J and Patrone Nora
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Boruah Bismit Bikash $1,275,000 Chicago Title
Patrone Neal J $223,000 --
Patrone Neal J $223,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boruah Bismit Bikash $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $1,275,000 +15.9% $582 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
07/28/2024 07/28/24 For Sale $1,100,000 -- $502 / 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 $16,260 $831,300 $518,500 $312,800
2024 $16,260 $831,300 $518,500 $312,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jessica Gonzalez

    SIGNATURE REALTY NJ

    (973) 796-4588

    1 in this area

    48 Total Sales

    Jessica Gonzalez
    Section Image
  • Mukta Bhatia

    Buyer's Agent in 2024

    Mukta Bhatia

    COLDWELL BANKER REALTY

    (551) 580-1182

    35 in this area

    101 Total Sales

    Mukta Bhatia
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3915699

Garden State MLS

APN: 12-00604-0000-00006

New Jersey Essex County Millburn 07041

40 Walnut Ave, Millburn, NJ

Not Listed for Sale

Detached

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