NOT LISTED FOR SALE

5 Oak Forest Ln Mendham, NJ 07945

Estimated Value: $1,853,000 - $2,347,426

7 Beds
7 Baths
8,680 Sq Ft
$238/Sq Ft Est. Value

Last Sold January 28, 2025

Last sale price $1,850,000 $213 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $15,260/month

248 Days on Market

About This Home

As of January 2025

This home is located at 5 Oak Forest Ln, Mendham, NJ 07945 since 09 April 2024 and is currently estimated at $2,061,607, approximately $237 per square foot. This property was built in 1990. 5 Oak Forest 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

Geoffrey Twombly

COLDWELL BANKER REALTY Brokerage Phone: 973-376-5200 Listed on: 04/09/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

MEREDITH ARENA

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 6.52 Acre Lot

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Year Built: 1990
  • County Name: Morris
  • I D: 5278623
  • Attribution Contact: 973-376-5200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Bathrooms: 6.20

Lot Info

  • Lot Size: 6.520 AC
  • Total Acres: 6.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Jan 23, 2025
Sold by
Chester Judith A
Bought by
Schutzman Lee B and Schutzman Kristen Amy
Seller's Agent
Geoffrey Twombly
COLDWELL BANKER REALTY
Buyer's Agent
MEREDITH ARENA
WEICHERT REALTORS
List Price
$2,500,000
Sold Price
$1,850,000
Premium/Discount to List
-$650,000
-26%
Views
215
Current Estimated Value
$2,061,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,607
Avg. Annual Appreciation
11.44%
Original Mortgage
$1,387,500
Outstanding Balance
$1,377,939
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$683,668

Purchase Details

Closed on
Jan 1, 2016
Sold by
Clayton Mary Ann and The Mary Ann Clayton Qualified
Bought by
Chester Judith A

Purchase Details

Closed on
Jun 6, 2006
Sold by
Clayton Mary Ann
Bought by
Clayton Mary Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Schutzman Lee B $1,850,000 Fidelity National Title
Chester Judith A -- None Available
Clayton Mary Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schutzman Lee B $1,387,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2025 01/28/25 Sold $1,850,000 -11.9% $213 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
05/30/2024 05/30/24 Price Changed $2,100,000 -16.0% $242 / Sq Ft
04/09/2024 04/09/24 For Sale $2,500,000 -- $288 / Sq Ft
Source: Garden State MLS

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 $54,511 $1,859,100 $700,800 $1,158,300
2024 $54,378 $2,215,900 $788,400 $1,427,500
Source: Public Records

Agents Affiliated with this Home

  • Geoffrey Twombly

    Seller's Agent in 2025

    Geoffrey Twombly

    COLDWELL BANKER REALTY

    (908) 451-4195

    1 in this area

    12 Total Sales

    Geoffrey Twombly
    Section Image

  • M

    Buyer's Agent in 2025

    MEREDITH ARENA

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3895283

Garden State MLS

APN: 18-02401-0000-00031-03

New Jersey Morris County Mendham 07945

5 Oak Forest Ln, Mendham, NJ

Not Listed for Sale

Detached

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