NOT LISTED FOR SALE

42 Cedar St Millburn, NJ 07041

Estimated Value: $1,733,000 - $2,109,000

5 Beds
4 Baths
2,132 Sq Ft
$901/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $1,825,000 $856 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $12,012/month

23 Days on Market

About This Home

As of December 2023

This home is located at 42 Cedar St, Millburn, NJ 07041 since 18 October 2023 and is currently estimated at $1,921,496, approximately $901 per square foot. This property was built in 1914. 42 Cedar St is a home located in Essex County with nearby schools including Wyoming Elementary School, Millburn Middle School, and Millburn High School.

Last Agent to Sell the Property

JOANNA PARKER-LENTZ

COLDWELL BANKER REALTY Brokerage Phone: 973-376-5200 Listed on: 10/18/2023

Co-Listed By

JODI RUBENSTEIN

COLDWELL BANKER REALTY Brokerage Phone: 973-376-5200

Last Buyer's Agent

Judith Daniels

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,602

Year Built

  • Built in 1914

Lot Details

  • 0.28 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,602

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Year Built: 1914
  • County Name: Essex
  • I D: 5245973
  • Attribution Contact: 973-376-5200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 80X150
  • Total Acres: 0.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Dec 8, 2023
Sold by
Nadkarni Gurudatta and Nadkarni Margaret
Bought by
Chen Xin and Pan Xue
Seller's Agent
JOANNA PARKER-LENTZ
COLDWELL BANKER REALTY
Buyer's Agent
Judith Daniels
PROMINENT PROPERTIES SIR
List Price
$1,795,000
Sold Price
$1,825,000
Premium/Discount to List
$30,000
1.67%
Views
94
Current Estimated Value
$1,921,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,496
Avg. Annual Appreciation
2.71%
Original Mortgage
$1,460,000
Outstanding Balance
$1,435,766
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$485,730

Purchase Details

Closed on
Jul 21, 2008
Sold by
Novus Equities Llc
Bought by
Nadkarni Gurudatta and Nadkarni Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2004
Sold by
Davidson Sally
Bought by
Novus Equities Llc
Source: Public Records

Range of Values:

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

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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
Chen Xin $1,825,000 Acres Land Title
Nadkarni Gurudatta $1,330,000 None Available
Novus Equities Llc $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xin $1,460,000
Previous Owner Nadkarni Gurudatta $997,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $1,825,000 +1.7% $856 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $1,795,000 -- $842 / 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 $22,602 $1,269,400 $498,100 $771,300
2024 $22,602 $1,269,400 $498,100 $771,300
2022 $22,451 $1,155,500 $498,100 $657,400
2021 $22,394 $1,155,500 $498,100 $657,400
2020 $22,255 $1,155,500 $498,100 $657,400
2019 $22,301 $1,155,500 $498,100 $657,400
2018 $21,978 $1,155,500 $498,100 $657,400
2017 $21,446 $1,155,500 $498,100 $657,400
2016 $25,618 $1,189,300 $345,600 $843,700
2015 $25,035 $1,189,300 $345,600 $843,700
2014 $23,976 $1,189,300 $345,600 $843,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    JOANNA PARKER-LENTZ

    COLDWELL BANKER REALTY

  • J

    Seller Co-Listing Agent in 2023

    JODI RUBENSTEIN

    COLDWELL BANKER REALTY

  • Judith Daniels

    Buyer's Agent in 2023

    Judith Daniels

    PROMINENT PROPERTIES SIR

    (973) 943-5440

    29 in this area

    77 Total Sales

    Judith Daniels
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Map

Source: Garden State MLS

MLS Number: 3870394

Garden State MLS

APN: 12-00308-0000-00013

New Jersey Essex County Millburn 07041

42 Cedar St, Millburn, NJ

Not Listed for Sale

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