42 Pond School Rd Sussex, NJ 07461
Estimated payment $5,471/month
Total Views
6,672
8
Beds
3.5
Baths
4,790
Sq Ft
$173
Price per Sq Ft
Highlights
- Horse Facilities
- 13.06 Acre Lot
- High Ceiling
- Barn or Stable
- Deck
- Porch
About This Home
Unique opportunity to own a 2-family property with functional farm on 13.06 acres in beautiful Wantage, New Jersey. Equally well-suited for owner-occupants or investors, this 4,790 SQFT (approx.) duplex-style home features two spacious units with separate entrances, individual 200-amp electric meters, shared oil-fired Buderus 5-zone heating system (2017) and three supplemental stoves (2 pellet, 1 wood-burning). Both units share access to expansive decks, a yard with an above-ground pool, and multiple outbuildings for animals or storage. An oversized 2-bay barn with new electric (200 amp) makes this a perfect setup for agri-business, horse boarding, or workshops. Bonus: The solar + battery system (10.25kW + 27kWh) is under an OPTIONABLE transferable contract, providing up to 85% utility offset. Solar system can also be removed. Located in a tranquil setting across from privately owned land, yet minutes to town conveniences. Subdivision potential, income from increasing farm operations and renting mother/daughter units further enhance the upside. A unique blend of lifestyle and investment!
Listing Agent
CLAYTON PANNASCH
FAIRCLOUGH REALTORS Brokerage Phone: 973-726-7800 Listed on: 06/16/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,548
Year Built
- Built in 1890
Lot Details
- 13.06 Acre Lot
- Flag Lot
- Subdivision Possible
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 8 Bedrooms
Home Security
- Storm Windows
- Fire and Smoke Detector
Parking
- 8 Parking Spaces
- Shared Driveway
- Off-Street Parking
Outdoor Features
- Deck
- Outbuilding
- Porch
Schools
- Wantage Elementary School
- Sussex Middle School
- High Point
Utilities
- Window Unit Cooling System
- Heating System Uses Wood
- Heating System Uses Oil Above Ground
- Standard Electricity
- Well
- Oil Water Heater
- Septic System
Additional Features
- High Ceiling
- Barn or Stable
- Unfinished Basement
Listing and Financial Details
- Assessor Parcel Number 2824-00013-0000-00002-0002-
- Tax Block *
Community Details
Overview
- 4,790 Sq Ft Building
Recreation
- Horse Facilities
Map
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $10,402 | $357,200 | $70,000 | $287,200 |
| 2023 | $10,402 | $357,200 | $70,000 | $287,200 |
| 2022 | $10,277 | $357,200 | $70,000 | $287,200 |
| 2021 | $10,219 | $357,200 | $70,000 | $287,200 |
| 2020 | $11,829 | $427,500 | $140,300 | $287,200 |
| 2019 | $11,487 | $427,500 | $140,300 | $287,200 |
| 2018 | $11,132 | $427,500 | $140,300 | $287,200 |
| 2017 | $11,179 | $427,500 | $140,300 | $287,200 |
| 2016 | $11,431 | $427,500 | $140,300 | $287,200 |
| 2015 | $11,068 | $427,500 | $140,300 | $287,200 |
| 2014 | $10,773 | $427,500 | $140,300 | $287,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Price Changed | $829,900 | -7.8% | -- |
| 07/02/2025 07/02/25 | Price Changed | $899,900 | -9.1% | -- |
| 06/19/2025 06/19/25 | For Sale | $990,000 | +160.5% | -- |
| 11/15/2017 11/15/17 | Sold | $380,000 | -5.0% | $81 / Sq Ft |
| 09/06/2017 09/06/17 | Pending | -- | -- | -- |
| 07/03/2017 07/03/17 | For Sale | $399,900 | -- | $85 / Sq Ft |
Source: Garden State MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $380,000 | First Amer Title Ins Co | |
| Deed | $52,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $29,281 | FHA | |
| Closed | $18,161 | FHA | |
| Open | $373,117 | FHA | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $360,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $327,000 | Unknown | |
| Previous Owner | $48,000 | Stand Alone Second | |
| Previous Owner | $220,000 | Unknown |
Source: Public Records
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Source: Garden State MLS
MLS Number: 3969738
APN: 24-00013-0000-00002-02
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