NOT LISTED FOR SALE

468 Cherry Ln Mendham, NJ 07945

Estimated Value: $1,599,000 - $1,801,000

5 Beds
5 Baths
3,604 Sq Ft
$476/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $1,600,000 $444 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $12,616/month

131 Days on Market

About This Home

As of May 2024

This home is located at 468 Cherry Ln, Mendham, NJ 07945 since 02 September 2023 and is currently estimated at $1,717,059, approximately $476 per square foot. 468 Cherry Ln is a home located in Morris County with nearby schools including Hilltop Elementary School, Mountain View Middle School, and West Morris Mendham High School.

Last Agent to Sell the Property

Chris Joo

KELLER WILLIAMS TOWNE SQUARE REAL Brokerage Phone: 908-766-0085 Listed on: 09/02/2023

KELLER WILLIAMS TOWNE SQUARE REAL

Last Buyer's Agent

MARCOS RICO M B REZENDE

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,600

Lot Details

  • 6.04 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,600

Lot Details

0

Listing Details

  • County Name: Morris
  • Street Number Display: 468
  • I D: 5242610
  • Modified: 2025-05-18
  • Number Images: 1
  • Attribution Contact: 908-766-0085
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 6.040 AC
  • Total Acres: 6.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2023
Closed on
May 17, 2024
Sold by
Abadin Marie and Abadin Manuel
Bought by
Jonsson Matthias and Gao Michelle
Seller's Agent
Chris Joo
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
MARCOS RICO M B REZENDE
WEICHERT REALTORS
List Price
$1,575,000
Sold Price
$1,600,000
Premium/Discount to List
$25,000
1.59%
Views
327
Current Estimated Value
$1,717,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,059
Avg. Annual Appreciation
6.45%
Original Mortgage
$1,150,000
Outstanding Balance
$1,139,528
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$577,531

Purchase Details

Closed on
Aug 27, 1998
Sold by
Maroon Anita G and Tyson Maroon G
Bought by
Abadin Manuel and Abadin Marie
Source: Public Records

Range of Values:

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
Jonsson Matthias $1,600,000 Stewart Title
Abadin Manuel $1,030,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jonsson Matthias $1,150,000
Previous Owner Abadin Manuel $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $1,600,000 +1.6% $444 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
10/19/2023 10/19/23 For Sale $1,575,000 0.0% $437 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/02/2023 09/02/23 For Sale $1,575,000 -- $437 / 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
2024 $37,600 $1,532,200 $852,000 $680,200
2023 $37,600 $1,532,200 $852,000 $680,200
2022 $35,884 $1,532,200 $852,000 $680,200
2021 $35,884 $1,532,200 $852,000 $680,200
2020 $35,256 $1,532,200 $852,000 $680,200
2019 $34,429 $1,532,200 $852,000 $680,200
2018 $33,938 $1,532,200 $852,000 $680,200
2017 $33,448 $1,532,200 $852,000 $680,200
2016 $32,437 $1,532,200 $852,000 $680,200
2015 $31,717 $1,532,200 $852,000 $680,200
2014 $30,889 $1,532,200 $852,000 $680,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Chris Joo

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 581-7374

    1 in this area

    109 Total Sales

    Chris Joo
    Section Image

  • M

    Buyer's Agent in 2024

    MARCOS RICO M B REZENDE

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3862680

Garden State MLS

APN: 18-02101-0000-00001-08

New Jersey Morris County Mendham 07945

468 Cherry Ln, Mendham, NJ

This home is located at 468 Cherry Ln, Mendham, NJ 07945 since 02 September 2023 and is currently estimated at $1,717,059, approximately $476 per square foot. 468 Cherry Ln is a home located in Morris County with nearby schools including Hilltop Elementary School, Mountain View Middle School, and West Morris Mendham High School.

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