NOT LISTED FOR SALE

49 Melrose Rd Mountain Lakes, NJ 07046

Estimated Value: $1,120,000 - $1,430,000

4 Beds
3 Baths
3,619 Sq Ft
$358/Sq Ft Est. Value

Last Sold April 15, 2014

Last sale price $897,500 $248 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $8,970/month

About This Home

As of April 2014

This home is located at 49 Melrose Rd, Mountain Lakes, NJ 07046 since 15 April 2014 and is currently estimated at $1,294,807, approximately $357 per square foot. This property was built in 1950. 49 Melrose Rd is a home located in Morris County with nearby schools including Wildwood Elementary School, Briarcliff Middle School, and Mountain Lakes High School.

Last Agent to Sell the Property

John Barr

COLDWELL BANKER REALTY Brokerage Phone: 973-263-0400 Listed on: 04/15/2014

COLDWELL BANKER REALTY

Last Buyer's Agent

Peter 'PJ' Decicco

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,641

Year Built

  • Built in 1950

Lot Details

  • 0.55 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,641

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • County Name: Morris
  • Street Number Display: 049
  • I D: 4420122
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-263-0400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .545 AC
  • Total Acres: 0.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2014
Closed on
Apr 10, 2014
Sold by
Desantis Ronald A and Desantis Barbara E
Bought by
Scherger Chad M and Scherger Nancy J
Seller's Agent
John Barr
COLDWELL BANKER REALTY
Buyer's Agent
Peter 'PJ' Decicco
COMPASS NEW JERSEY, LLC
Sold Price
$897,500
Current Estimated Value
$1,294,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,307
Avg. Annual Appreciation
3.26%
Original Mortgage
$718,000
Interest Rate
4.26%
Mortgage Type
New Conventional
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
Scherger Chad M $897,500 Nrt Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherger Chad M $630,000
Closed Scherger Chad M $718,000
Previous Owner Desantis Ronald A $276,613
Previous Owner Desantis Ronald $275,000
Previous Owner Desantis Ronald A $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2014 04/15/14 Sold $897,500 -- $248 / 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
2025 $23,641 $1,065,100 $504,700 $560,400
2024 $22,818 $990,000 $466,600 $523,400
2023 $22,818 $902,600 $433,000 $469,600
2022 $22,513 $830,800 $413,100 $417,700
2021 $22,562 $802,300 $400,900 $401,400
2020 $23,371 $834,100 $418,600 $415,500
2019 $22,562 $834,100 $418,600 $415,500
2018 $21,920 $834,100 $418,600 $415,500
2017 $21,453 $834,100 $418,600 $415,500
2016 $21,078 $834,100 $418,600 $415,500
2015 $20,586 $834,100 $418,600 $415,500
2014 $20,202 $834,100 $418,600 $415,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3116525

Garden State MLS

APN: 25-00064-0000-00013-02