NOT LISTED FOR SALE

5 Preston King Trail Oak Ridge, NJ 07438

Estimated Value: $385,042 - $436,000

2 Beds
2 Baths
1,228 Sq Ft
$331/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $340,000 $277 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,711/month

8 Days on Market

About This Home

As of July 2023

This home is located at 5 Preston King Trail, Oak Ridge, NJ 07438 since 24 May 2023 and is currently estimated at $406,761, approximately $331 per square foot. This property was built in 1988. 5 Preston King Trail is a home located in Morris County with nearby schools including Jefferson Township Middle School, Jefferson Township High School, and Alpine Montessori School - Oakridge.

Last Agent to Sell the Property

Stephen Vanness

RE/MAX SELECT Brokerage Phone: 973-625-0450 Listed on: 05/24/2023

RE/MAX SELECT

Last Buyer's Agent

NICHOLAS P JUBA

JUBA TEAM REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,664

Year Built

  • Built in 1988

Lot Details

  • 697

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,664

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Year Built: 1988
  • County Name: Morris
  • Street Number Display: 5
  • I D: 5222911
  • Modified: 2024-07-15
  • Number Images: 1
  • Attribution Contact: 973-625-0450
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 0.00 AC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Jun 21, 2023
Sold by
Vanness Elsie
Bought by
Ruggiero Family Trust
Seller's Agent
Stephen Vanness
RE/MAX SELECT
Buyer's Agent
NICHOLAS P JUBA
JUBA TEAM REALTY
List Price
$325,000
Sold Price
$340,000
Premium/Discount to List
$15,000
4.62%
Views
364
Current Estimated Value
$406,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,761
Avg. Annual Appreciation
8.29%

Purchase Details

Listed on
Aug 17, 2020
Closed on
Dec 1, 2020
Sold by
Neglia Frank R and Neglia Megan
Bought by
Vanness Elsie
Seller's Agent
Linda Kattine
CURATED REALTY
Buyer's Agent
Stephen Vanness
RE/MAX SELECT
List Price
$239,900
Sold Price
$237,000
Premium/Discount to List
-$2,900
-1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.77%

Purchase Details

Closed on
Sep 18, 2017
Sold by
Bowman L Eugene
Bought by
Neglia Frank R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
3.89%
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
Ruggiero Family Trust $340,000 Old Republic National Title
Vanness Elsie $237,000 Simplicity Title Llc
Vanness Elsie $237,000 None Listed On Document
Neglia Frank R $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neglia Frank R $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2023 07/14/23 Sold $340,000 +4.6% $277 / Sq Ft
05/24/2023 05/24/23 For Sale $325,000 +37.1% $265 / Sq Ft
12/01/2020 12/01/20 Sold $237,000 -1.2% $193 / Sq Ft View Prior Sale
09/14/2020 09/14/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $239,900 -- $195 / 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 $6,664 $222,000 $86,000 $136,000
2024 $6,496 $222,000 $86,000 $136,000
2023 $6,496 $222,000 $86,000 $136,000
2022 $5,552 $222,000 $86,000 $136,000
2021 $5,552 $198,700 $86,000 $112,700
2020 $5,458 $198,700 $86,000 $112,700
2019 $5,355 $194,800 $85,000 $109,800
2018 $5,211 $186,900 $80,000 $106,900
2017 $5,015 $176,700 $75,000 $101,700
2016 $4,808 $178,800 $75,000 $103,800
2015 $4,958 $180,100 $85,000 $95,100
2014 $4,934 $181,200 $85,000 $96,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3845373

Garden State MLS

APN: 14-00453-0000-00004-2215