$1,075,000
SOLD AUG 12, 2024

431 Stamets Rd Milford, NJ 08848

4 Beds
2.5 Baths
2,735 Sq Ft
39.9 Acres

Recently Sold

$393 Per Sq Ft

16% Below List Price

Highlights

  • Water Access
  • Panoramic View
  • Carriage House
  • Horses Allowed On Property
  • 39.9 Acre Lot
  • Barn or Farm Building

About This Home

As of August 2024

A remarkable development opportunity beckons amidst the bucolic splendor of Hunterdon County, New Jersey—an expansive canvas encompassing nearly forty unspoiled acres of untamed beauty. The prospect of subdivision into seven distinct lots is not only feasible but presents a vision of exceptional potential. In this coveted locale, the gift of both sunset and sunrise views awaits, rendering this site nothing short of enchanting. Moreover, the varied topography ensures that each lot shall boast its own unique character and charm. The canvas is open to the creation of five to seven luxurious estate homes, each a masterpiece in its own right, or the realization of an extraordinary family enclave—a venture marked by boundless possibilities and the promise of a truly magical destination.

Last Agent to Sell the Property

Caryn Black

Prominent Properties Sotheby's International Realty License #0452680 Listed on: 08/12/2024

Last Buyer's Agent

John Clement

BHHS Fox & Roach - Princeton

BHHS Fox & Roach - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,033

Year Built

  • Built in 1998

Lot Details

  • 39.9 Acre Lot
  • Creek or Stream
  • Private Lot
  • Premium Lot
  • Level Lot
  • Open Lot
  • Irregular Lot
  • Wooded Lot
  • Back, Front, and Side Yard
  • Subdivision Possible
  • Property is zoned AG

Parking

  • 1 Car Direct Access Garage
  • 20 Driveway Spaces
  • 2 Attached Carport Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Carriage House
  • Contemporary Architecture
  • Poured Concrete
  • Metal Roof
  • Concrete Perimeter Foundation
  • HardiePlank Type

Interior Spaces

  • 2,735 Sq Ft Home
  • Property has 2 Levels
  • Panoramic Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Garage Access
  • Exterior Basement Entry

Utilities

  • Central Air
  • Heating System Uses Oil
  • Back Up Oil Heat Pump System
  • Underground Utilities
  • 200+ Amp Service
  • Propane
  • Well
  • Electric Water Heater
  • On Site Septic

Additional Features

  • Water Access
  • Property is near a creek
  • Barn or Farm Building
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00058
  • Assessor Parcel Number 15-00025-00058

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,033

Year Built

Built in 1998

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Carriage House
  • Ownership: Fee Simple
  • Exclusions: Farm Equipment
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1998
  • Remarks Public: A remarkable development opportunity beckons amidst the bucolic splendor of Hunterdon County, New Jersey—an expansive canvas encompassing nearly forty unspoiled acres of untamed beauty. The prospect of subdivision into seven distinct lots is not only feasible but presents a vision of exceptional potential. In this coveted locale, the gift of both sunset and sunrise views awaits, rendering this site nothing short of enchanting. Moreover, the varied topography ensures that each lot shall boast its own unique character and charm. The canvas is open to the creation of five to seven luxurious estate homes, each a masterpiece in its own right, or the realization of an extraordinary family enclave—a venture marked by boundless possibilities and the promise of a truly magical destination.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Garage Access, Outside Entrance, Poured Concrete, Unfinished, Walkout Stairs
  • Total Sq Ft: 2735
  • Living Area Sq Ft: 2735
  • Price Per Sq Ft: 466.18
  • Above Grade Finished Sq Ft: 2735
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 431

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Barn/Farm Building
  • Construction Materials: Hardiplank Type
  • Roof: Metal
  • View: Panoramic
  • Water Access: Yes
  • Water Body Name: Creek
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Covered Parking, Built In, Garage Door Opener, Inside Access
  • Attached Carport Spaces: 2
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 23
  • Type Of Parking: Attached Garage, Attached Carport, Driveway
  • Number of Spaces in Driveway: 20

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Heat Pump - Oil Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Propane, Under Ground
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: HOLLAND TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397262
  • School District Source: Listing Agent

Lot Info

  • Horses: Yes
  • Additional Parcels: No
  • Horse Amenities: Horses Allowed
  • Lot Features: Irregular, Level, Sloping, Open, Trees/Wooded, Front Yard, Rear Yard, Sideyard(s), Premium, Private, Road Frontage, Subdivision Possible, Unrestricted
  • Lot Size Acres: 39.90
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1738044.00
  • Year Assessed: 2022
  • Zoning: AG

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 15033.00
  • Assessor Parcel Number: 15-00025-00058
  • Tax Lot: 00058
  • Tax Total Finished Sq Ft: 2735
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/12/2024

MLS Schools

  • School District Name: HOLLAND TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2024
Closed on
Aug 8, 2024
Sold by
Korman Mark G and Mark G Korman 2007 Residence Trust
Bought by
Ulvi Matthew and Ulvi Chiara
Seller's Agent
CARYN BLACK
PROMINENT PROPERTIES SIR
Buyer's Agent
JOHN C. CLEMENT
BHHS FOX & ROACH
List Price
$1,295,000
Sold Price
$1,075,000
Premium/Discount to List
-$220,000
-16.99%
Views
21
Current Estimated Value
$1,043,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,961
Avg. Annual Appreciation
-1.02%

Purchase Details

Closed on
Jul 31, 2007
Sold by
Berlin Alejandro and Jakab Audrey
Bought by
The Mark G Korman 2007 Residence Trust

Purchase Details

Closed on
Dec 12, 1988
Sold by
Sirusas George S and Sirusas Grazina
Bought by
Sirusas George S and Sirusas Grazina
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 Type Sale Price Title Company
Deed $1,075,000 Cortes & Hay Title Agency
Deed $1,030,000 Commonwealth Land Title Insu
Quit Claim Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $1,075,000 0.0% $393 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/12/2024 08/12/24 Sold $1,075,000 -15.7% $393 / Sq Ft
08/12/2024 08/12/24 For Sale $1,275,000 -1.5% $466 / Sq Ft
05/19/2024 05/19/24 For Sale $1,295,000 -- $473 / Sq Ft
Source: Bright 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 $15,928 $508,400 $215,700 $292,700
2023 $15,928 $508,400 $215,700 $292,700
2022 $15,542 $508,400 $215,700 $292,700
2021 $15,033 $508,400 $215,700 $292,700
2020 $14,566 $508,400 $215,700 $292,700
2019 $13,920 $508,400 $215,700 $292,700
2018 $13,391 $508,400 $215,700 $292,700
2017 $13,493 $508,400 $215,700 $292,700
2016 $13,157 $508,400 $215,700 $292,700
2015 $13,015 $508,400 $215,700 $292,700
2014 $12,552 $508,400 $215,700 $292,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJHT2003156

Bright MLS

APN: 15-00025-0000-00058