NOT LISTED FOR SALE

48 Ocean St Unit 2 Millburn, NJ 07041

Estimated Value: $1,013,793 - $1,550,000

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold September 21, 2012

Last sale price $590,000

Est. 106% increase in value since last sale

Current estimated payment $7,720/month

About This Home

As of September 2012

This home is located at 48 Ocean St Unit 2, Millburn, NJ 07041 since 21 September 2012 and is currently estimated at $1,243,448. This property was built in 1949. 48 Ocean St Unit 2 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

DONNA L. TEDESCO

WEICHERT REALTORS Listed on: 09/21/2012

Last Buyer's Agent

ROSA TARANTINO

WEICHERT REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,636

Year Built

  • Built in 1949

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,636

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Year Built: 1949
  • County Name: Essex
  • Street Number Display: 48
  • I D: 4246737
  • Modified: 2021-09-23
  • Number Images: 0
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2018
Sold by
Dipietro Dario and Coppola Antonio P
Bought by
Yu Edward and Li Yuan
Current Estimated Value
$1,217,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,800
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2012
Closed on
Sep 15, 2012
Sold by
Tedesco Thomas
Bought by
Dipietro Dario and Coppola Antonio P
Seller's Agent
DONNA L. TEDESCO
WEICHERT REALTORS
Buyer's Agent
ROSA TARANTINO
WEICHERT REALTORS
Sold Price
$590,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$417,000
Interest Rate
3.66%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 30, 1998
Sold by
Romano Carol
Bought by
Tedesco Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.95%

Purchase Details

Closed on
Nov 9, 1992
Sold by
Romano Carol M and Romano Michael
Bought by
Romano Carol M

Purchase Details

Closed on
Jun 20, 1988
Sold by
Arimenta Ruth H
Bought by
Romano Carol M
Source: Public Records

Range of Values:

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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
Yu Edward $646,000 --
Dipietro Dario $590,000 Fidelity Natl Title Ins Co
Tedesco Thomas $240,000 --
Romano Carol M $112,500 --
Romano Carol M $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Edward $412,000
Closed Yu Edward $412,000
Closed Yu Edward $516,800
Previous Owner Dipietro Dario $417,000
Previous Owner Dipietro Dario $417,000
Previous Owner Tedesco Thomas $162,400
Previous Owner Tedesco Thomas $50,000
Previous Owner Tedesco Thomas $100,000
Previous Owner Tedesco Thomas $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2012 09/21/12 Sold $590,000 -- --
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 $12,636 $646,000 $310,400 $335,600
2024 $12,636 $646,000 $310,400 $335,600
2022 $12,552 $646,000 $310,400 $335,600
2021 $12,519 $646,000 $310,400 $335,600
2020 $12,442 $646,000 $310,400 $335,600
2019 $13,410 $694,800 $310,400 $384,400
2018 $13,215 $694,800 $310,400 $384,400
2017 $12,895 $694,800 $310,400 $384,400
2016 $11,987 $556,500 $236,600 $319,900
2015 $11,714 $556,500 $236,600 $319,900
2014 $11,219 $556,500 $236,600 $319,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    DONNA L. TEDESCO

    WEICHERT REALTORS

  • R

    Buyer's Agent in 2012

    ROSA TARANTINO

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 2953404

Garden State MLS

APN: 12-01002-0000-00010

New Jersey Essex County Millburn 07041

48 Ocean St Unit 2, Millburn, NJ

This home is located at 48 Ocean St Unit 2, Millburn, NJ 07041 since 21 September 2012 and is currently estimated at $1,243,448. This property was built in 1949. 48 Ocean St Unit 2 is a home located in Essex County with nearby schools including Wyoming Elementary School, Millburn Middle School, and Millburn High School.

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