NOT LISTED FOR SALE

40 William St Demarest, NJ 07627

Estimated Value: $2,095,000 - $2,937,000

5 Beds
5 Baths
1,548 Sq Ft
$1,522/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $1,450,000 $937 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $15,804/month

128 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • En-Suite Primary Bedroom
  • County Road Elementary School Rated A-
  • Property is near a park
  • Central Air

About This Home

As of July 2021

Move in ready, impeccably kept transitional style house located on the east hill of Demarest. This home is over 5000 square feet of comfort and luxury. The first floor has a formal LR and DR with an open concept kitchen and family room. An office and full bath round out the first floor. Upstairs there are 5 spacious bedrooms. The master has a separate sitting room and a spa style oversized bathroom. The lower level consists of a completely renovated finished basement. Throughout the home there are numerous custom built ins and custom molding features. This house boasts incredible closet space and storage throughout. The property is fenced in and beautifully landscaped. Brand new AC units and duct work recently installed. Owner is a licensed real estate agent in NJ. Please remove shoes when entering and have face coverings to view home. Owner has outdoor kitchen/pool plans done by a landscape architect that can be submitted for permits.

Last Agent to Sell the Property

Ilene Miller

English Realty Listed on: 07/20/2020

Last Buyer's Agent

Stacy Esser

Keller Williams Town Life

Keller Williams Town Life

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,446

Lot Details

  • 0.36 Acre Lot
  • Rectangular Lot
  • Sprinkler System

Home Design

  • Built in the 2000s
  • Colonial Architecture
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • Central Vacuum
  • Gas Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 5 Full Bathrooms

Outdoor Features

  • Deck

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • Security

Listing and Financial Details

  • Assessor Parcel Number 020900089 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,446

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: None
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Wrshp, Extended Family
  • Miscellaneous: Central Vac, Hdwd As In, Security, Sprinklers, Strms/Scrns, Deck / Patio
  • Views/Exposure: None
  • Year Built: 2000's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 12
  • Fireplace: 1 Fireplace, Gas
  • Bedrooms: 5
  • Total Bathrooms: 5.00
  • Primary Bathroom: Y
  • Full Bathrooms: 5
  • Basement: Finished, Full
  • Basement: Renovated full finished with full bath
  • Items Not Included: Some light fixtures and window treatments
  • Items Included: All appliances

Exterior Features

  • Exterior: Stone, Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: 3+car Garage

Utilities

  • Heating: Baseboard, Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: BERGEN
  • Locale: 100
  • Lot: 00005
  • Lot Description: Regular
  • Lot Dimensions: 125x125
  • Estimated Lot Sq Ft: 15638

Tax Info

  • Tax: 29446
  • Assessor Parcel Number: 020900089 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2022
Sold by
Klugman Andrew R and Klugman Julie M
Bought by
Stone Jason and Wormser Hilary
Current Estimated Value
$2,356,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,032,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2020
Closed on
Jul 18, 2021
Sold by
Miller Hene and Miller Andrew
Bought by
Klugman Andrew R and Klugman Julie M
Seller's Agent
Ilene Miller
English Realty
Buyer's Agent
Stacy Esser
Keller Williams Town Life
List Price
$1,699,000
Sold Price
$1,450,000
Premium/Discount to List
-$249,000
-14.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%
Original Mortgage
$1,160,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2004
Sold by
Izak Construction Co Llc
Bought by
Miller Ilene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.77%

Purchase Details

Closed on
Dec 30, 2002
Sold by
Habif Stephan
Bought by
Izak Construction Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,000
Interest Rate
6.19%

Purchase Details

Closed on
May 15, 1996
Sold by
Rindos Andrew
Bought by
Habif Stephan and Habif Louiza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.77%
Source: Public Records

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Range of Values:

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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
Stone Jason $1,720,000 --
Klugman Andrew R $1,450,000 True North Title Svcs Llc
Miller Ilene $1,285,720 --
-- $1,285,700 --
Izak Construction Co Llc $510,000 --
Habif Stephan $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stone Jason $1,032,000
Previous Owner Klugman Andrew R $1,160,000
Previous Owner -- $600,000
Previous Owner Izak Construction Co Llc $845,000
Previous Owner Habif Stephan $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2021 07/22/21 Sold $1,450,000 -14.7% $937 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $1,699,000 -- $1,098 / 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 $32,743 $1,122,100 $421,800 $700,300
2023 $31,856 $1,122,100 $421,800 $700,300
2022 $31,856 $1,122,100 $421,800 $700,300
2021 $31,071 $1,122,100 $421,800 $700,300
2020 $30,342 $1,122,100 $421,800 $700,300
2019 $29,466 $1,122,100 $421,800 $700,300
2018 $28,557 $1,122,100 $421,800 $700,300
2017 $27,873 $1,122,100 $421,800 $700,300
2016 $27,435 $1,122,100 $421,800 $700,300
2015 $27,065 $1,122,100 $421,800 $700,300
2014 $26,482 $1,122,100 $421,800 $700,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20028404

New Jersey MLS

APN: 09-00089-0000-00005