NOT LISTED FOR SALE

41 Mareu Dr Watchung, NJ 07069

Estimated Value: $1,683,000 - $1,825,566

5 Beds
5.5 Baths
-- Sq Ft
1.5 Acres

Last Sold December 31, 2023

Last sale price $1,560,000

Est. 13% increase in value since last sale

Current estimated payment $12,130/month

34 Days on Market

Highlights

  • Multiple Fireplaces
  • En-Suite Primary Bedroom
  • Rectangular Lot
  • Bayberry Elementary School Rated A-
  • Central Air

About This Home

As of December 2023

Come & witness this breathtaking custom all brick home in stunning community in Watchung. This home has been curated from top to bottom w/ elegance and luxury. You'll be welcomed into grand foyer & immaculate staircase w/ to ceiling windows. First floor is spacious from formal dining room to formal living & office space. First floor guest suite is situated off to end for privacy. Large family room opening to eat in kitchen w/ huge island, stainless steel appliances, & butler's pantry. The glass doors to back patio & immaculate landscape allow for afternoon sun to drench every corner of the home w/ brightness. Upstairs features 4 oversized bedrooms each w/ en suite including the massive primary suite w/ walkin closet & fireplace/den. Not to mention, huge bonus rec & media room perfect for movie nights, home gym, or just a relaxing afternoon. The home is fully equipped w/ 12 zones of radiant heat, Brazilian cherrywood floors throughout, & 5 zones of central air. Do not miss this!

Last Agent to Sell the Property

Jeremy Ciotola

Compass New Jersey, LLC-Montclair Listed on: 09/05/2023

Compass New Jersey, LLC-Montclair

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,968

Lot Details

  • 1.5 Acre Lot
  • Rectangular Lot

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Multiple Fireplaces
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Bayberry Elementary School
  • Valley View Middle School
  • Watchung High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Legal Lot and Block 00014 / 07402

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,968

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (973) 310-7360
  • MLS Status: Sold - Sold
  • Directions: Bonnie Burn to Mareu
  • Reso Fireplace Features: 3 Fireplaces
  • Year Built Details: 2010's
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: Storage, Utility

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Zoned, Radiant

Schools

  • Elementary School: Bayberry
  • High School: Watchung
  • Middle Or Junior School: Valley View
  • Elementary: Bayberry

Lot Info

  • Lot Size Sq Ft: 65340.0

Tax Info

  • Tax Annual Amount: 26968.0
  • Tax Block: 07402
  • Tax Lot: 00014

MLS Schools

  • High School Text: Watchung

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2003
Sold by
Werner Kenneth
Bought by
Conceicao Isabel
Current Estimated Value
$1,759,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.43%

Purchase Details

Closed on
Jun 23, 1989
Sold by
Ulmes David and Ulmes Jill
Bought by
Werner Kenneth and Werner Lorraine

Purchase Details

Closed on
Dec 24, 1988
Sold by
Ulmes Jill F
Bought by
Ulmes David and Ulmes Puttrmann,Jill
Source: Public Records

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
Conceicao Isabel $550,000 --
Werner Kenneth $330,000 --
Ulmes David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Coceicao Isabel $150,000
Open Oliveira Guilherme D $880,000
Closed Oliveira Guilherme $895,000
Closed Conceico Isabel $214,500
Closed Conceicao Isabel $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2023 12/31/23 Sold $1,560,000 -5.4% --
10/09/2023 10/09/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $1,649,000 -- --
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 $28,963 $1,449,600 $298,100 $1,151,500
2023 $27,084 $1,327,000 $281,100 $1,045,900
2022 $26,968 $1,283,600 $273,000 $1,010,600
2021 $25,346 $1,242,900 $267,600 $975,300
2020 $26,228 $1,232,500 $260,700 $971,800
2019 $25,346 $1,221,500 $260,700 $960,800
2018 $24,187 $1,214,800 $258,100 $956,700
2017 $24,510 $1,238,500 $234,600 $1,003,900
2016 $25,496 $1,219,300 $234,600 $984,700
2015 $25,321 $1,195,500 $230,000 $965,500
2014 $24,607 $1,175,100 $230,000 $945,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23027289

New Jersey MLS

APN: 21-07402-0000-00014