NOT LISTED FOR SALE

48 Overlook Rd Mountain Lakes, NJ 07046

Estimated Value: $768,000 - $898,690

3 Beds
1.5 Baths
1,232 Sq Ft
$675/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $540,000 $438 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,689/month

22 Days on Market

Highlights

  • Private Waterfront
  • Custom Home
  • Deck
  • Wildwood Elementary School Rated A+
  • Lake Privileges
  • Recreation Room

About This Home

As of October 2020

Lakefront .7 acre property with custom built home; Japanese inspired architecture, 3BR Ranch home with authentic Japanese Style design elements throughout. Privately set on a wooded lakefront lot on Shadow lake, perfect southern exposure, w walkout, finished lower level in picturesque Mountain Lakes. Mid-Century Modern Home by architect Norman Carver is one of only three built in NJ. Minutes to I-80 ,I-287, shopping & train/bus, 31 miles to NYC. Enchanting location is perfect for a Weekend Retreat, Artist Studio, downsizing or adding an addition. Gorgeous walls of floor to ceiling windows provide year round lake views. Attached covered carport provides convenient parking. 500 acre preserved woods across the street with miles of paths and lakes. Top rated schools.

Last Agent to Sell the Property

Murray Robertson

RE/MAX FIRST CHOICE Listed on: 08/06/2020

RE/MAX FIRST CHOICE

Last Buyer's Agent

Murray Robertson

RE/MAX FIRST CHOICE Listed on: 08/06/2020

RE/MAX FIRST CHOICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,419

Year Built

  • Built in 1963

Lot Details

  • 0.69 Acre Lot
  • Private Waterfront
  • Lake Front
  • Corner Lot
  • Wooded Lot
  • Property is zoned 1 fam

Parking

  • 1 Car Garage
  • Detached Carport Space

Home Design

  • Custom Home
  • Rubber Roof
  • Siding
  • Composite Building Materials

Interior Spaces

  • Beamed Ceilings
  • Drapes & Rods
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Front Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Lake Privileges
  • Deck
  • Patio

Schools

  • Wildwood Elementary School
  • Briarcliff Middle School
  • Mtn. Lakes High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2325-00033-0000-00027-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,419

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1963
  • Year Built Description: Approximate
  • County Name: Morris
  • Possible Other Uses: Home-Office
  • Street Number Display: 048
  • Directions: Boulevard to Overlook, to the top of the hill on the left.
  • I D: 5005534
  • Modified: 2021-10-14
  • Number Images: 22
  • Section Subdiv Development: Lakes
  • First Name: MURRAY
  • First Name3: MURRAY
  • Last Name: ROBERTSON
  • Last Name3: ROBERTSON
  • Office Phone: 973-335-4600
  • Office Phone3: 973-335-4600
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector, Dryer, Range/Oven-Electric, Washer
  • Interior Amenities: Beam Ceilings, Carbon Monoxide Detector, Drapes, Fire Extinguisher, Smoke Detector
  • Number Rooms: 10
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Walkout
  • Basement Level Rooms: Rec Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Level: Basement
  • Other Room 2: Storage Room
  • Other Room2 Level: Basement
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Entrance Vestibule, Kitchen, Living Room
  • Phone: 973-335-4600

Exterior Features

  • Exterior Description: Composition Siding
  • Exterior Features: Deck, Patio
  • Roof Description: Rubberized

Garage/Parking

  • Garage Description: Carport-Detached
  • Number Garage Spaces: 1
  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 1 Unit
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Lake Privileges

Schools

  • Elementary School: Wildwood
  • Middle School: BriarCliff
  • High School: MTN. Lakes
  • High School: MTN. Lakes
  • Middle Jr High School: BriarCliff

Lot Info

  • Lot Size: .689 AC
  • Assessed Improvement Value: 81100
  • Assessed Land Value: 525900
  • Assessment: 607000
  • Easement: Unknown
  • Lot Description: Corner, Lake Front, Waterfront, Wooded Lot
  • Lot Identifier: 27
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.69
  • Zoning: 1 fam

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16419
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2325-00033-0000-00027-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.705
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Wildwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Oct 13, 2020
Sold by
Model Karl H and Estate Of Carol E Model
Bought by
Coward Andrew William
Seller's Agent
Murray Robertson
RE/MAX FIRST CHOICE
Buyer's Agent
Murray Robertson
RE/MAX FIRST CHOICE
List Price
$599,000
Sold Price
$540,000
Premium/Discount to List
-$59,000
-9.85%
Current Estimated Value
$812,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,595
Avg. Annual Appreciation
6.62%
Original Mortgage
$432,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Coward Andrew William $540,000 Sage Title & Setmnt Svcs Llc
Coward Andrew William $540,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coward Andrew William $141,000
Previous Owner Coward Andrew William $432,000
Previous Owner Model Carol $802,500
Previous Owner Model Harry F $20,037
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $540,000 -9.8% $438 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $599,000 -- $486 / 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 $14,427 $607,000 $493,600 $113,400
2023 $14,427 $570,700 $466,300 $104,400
2022 $14,776 $530,300 $433,700 $96,600
2021 $14,776 $526,600 $433,800 $92,800
2020 $17,008 $607,000 $525,900 $81,100
2019 $16,419 $607,000 $525,900 $81,100
2018 $15,952 $607,000 $525,900 $81,100
2017 $15,612 $607,000 $525,900 $81,100
2016 $15,339 $607,000 $525,900 $81,100
2015 $14,731 $607,000 $525,900 $81,100
2014 $14,452 $607,000 $525,900 $81,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3654221

Garden State MLS

APN: 25-00033-0000-00027