$1,850,000
SOLD JAN 28, 2025

5 Oak Forest Ln Mendham, NJ 07945

7 Beds
7 Baths
8,680 Sq Ft
6.52 Acres

Recently Sold

$213 Per Sq Ft

26% Below List Price

248 Days on Market

About This Home

As of January 2025

This home is located at 5 Oak Forest Ln, Mendham, NJ 07945 and is currently priced at $1,850,000, approximately $213 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

Est. Annual Taxes

  • $54,378

Year Built

  • Built in 1990

Lot Details

  • 6.52 Acre Lot

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,378

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Year Built: 1990
  • County Name: Morris
  • Street Number Display: 5
  • I D: 5278623
  • Modified: 2025-05-06
  • Number Images: 1
  • 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
$1,949,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,156
Avg. Annual Appreciation
11.57%
Original Mortgage
$1,387,500
Outstanding Balance
$1,382,774
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$575,570

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,850,000 Fidelity National Title
Deed -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,387,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $54,378 $2,215,900 $788,400 $1,427,500
2023 $54,378 $2,215,900 $788,400 $1,427,500
2022 $51,896 $2,215,900 $788,400 $1,427,500
2021 $51,896 $2,215,900 $788,400 $1,427,500
2020 $50,988 $2,215,900 $788,400 $1,427,500
2019 $49,791 $2,215,900 $788,400 $1,427,500
2018 $49,082 $2,215,900 $788,400 $1,427,500
2017 $48,373 $2,215,900 $788,400 $1,427,500
2016 $46,911 $2,215,900 $788,400 $1,427,500
2015 $45,869 $2,215,900 $788,400 $1,427,500
2014 $44,673 $2,215,900 $788,400 $1,427,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3895283

Garden State MLS

APN: 18-02401-0000-00031-03