NOT LISTED FOR SALE

5 Prospect St Peapack, NJ 07977

Estimated Value: $808,000 - $856,000

3 Beds
2.5 Baths
1,669 Sq Ft
$501/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $700,000 $419 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,584/month

20 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Bedwell Elementary School Rated A
  • Wooded Lot
  • High Ceiling

About This Home

As of July 2022

Delightful in-town location for this classic village home. Tastefully and extensively renovated in 2015, it includes a updated kitchen with soapstone counters and delightful baths, high ceilings, an open wrap-around porch and beautiful fenced rear yard. Located within an easy drive to shopping in Chester or Bernardsville, the quiet street setting is minutes from main street and easy access to the town, the pastry shop, the community pond/park or to the NYC train in Peapack. The rear yard is generous and includes a dining patio peacefully nestled to the rear. Mature landscaping adds privacy and shade from the majestic trees. A small deck off the kitchen is perfect for a grill. The basement level has a small play area, exposed stone foundation and easy access to the rear yard. The detached 2-car garage includes good storage space. 1 Exclusion.

Last Agent to Sell the Property

Molly Tonero

TURPIN REAL ESTATE, INC. Listed on: 03/02/2022

Last Buyer's Agent

PATSY SODEN

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,732

Year Built

  • Built in 1915 | Remodeled

Lot Details

  • 0.45 Acre Lot
  • Wood Fence
  • Open Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Private Driveway
  • Additional Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Clapboard
  • Tile

Interior Spaces

  • 1,669 Sq Ft Home
  • High Ceiling
  • Thermal Windows
  • Living Room
  • Formal Dining Room
  • Utility Room
  • Wood Flooring
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Porch

Schools

  • Bedwell Elementary School
  • Bernards Middle School
  • Bernards High School

Utilities

  • Central Air
  • Standard Electricity
  • Propane

Listing and Financial Details

  • Assessor Parcel Number 2715-00024-0000-00013-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,732

Year Built

Built in 1915 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1915
  • Year Built Description: Approximate, Renovated
  • County Name: Somerset
  • Easements Description: sewer line
  • Exclusions: See agent for short list
  • Renovated Year: 2015
  • Street Number Display: 5
  • Directions: Rte 206 to Holland Rd. Continue to Main Street and go left. Go right on Todd Ave and then left on Prospect. House is mid-block on left.
  • I D: 5131375
  • Modified: 2023-07-16
  • Number Images: 17
  • Section Subdiv Development: In town
  • First Name: MOLLY
  • First Name3: PATSY
  • Last Name: TONERO
  • Last Name3: SODEN
  • Office Phone: 210933
  • Office Phone3: 908-879-4900
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2015

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Generator-Built-In, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, High Ceilings, Smoke Detector, StallTub
  • Number Rooms: 6
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Walkout
  • Basement Level Rooms: Laundry Room, SeeRem, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Breakfast Bar, Center Island
  • Kitchen Dim: 15x15
  • Kitchen Level: First
  • Living Room Dim: 15x15
  • Living Room Level: First
  • Other Room 1: Utility Room
  • Other Room1 Level: Basement
  • Other Room 2: Storage Room
  • Other Room2 Level: Third
  • Level 1 Rooms: Dining Room, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 1669

Exterior Features

  • Exterior Description: Clapboard, Vinyl Siding
  • Exterior Features: Barbeque, Deck, Open Porch(es), Thermal Windows/Doors, Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop, Driveway-Exclusive, Off-Street Parking

Utilities

  • Cooling: Central Air
  • Fuel Type: OilAbIn
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Propane
  • Water: Public Water

Schools

  • Elementary School: BEDWELL
  • Middle School: BERNARDS
  • High School: BERNARDS
  • High School: BERNARDS
  • Middle Jr High School: BERNARDS

Lot Info

  • Lot Size: .45
  • Assessed Improvement Value: 251900
  • Assessed Land Value: 267700
  • Assessment: 519600
  • Easement: Yes
  • Lot Description: Open Lot, Wooded Lot
  • Lot Identifier: 13
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.45

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9732
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2715-00024-0000-00013-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.873
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: BEDWELL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Jun 30, 2022
Sold by
Joanne Love
Bought by
Matthijssen Judith
Seller's Agent
Molly Tonero
TURPIN REAL ESTATE, INC.
Buyer's Agent
PATSY SODEN
COLDWELL BANKER REALTY
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$836,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,511
Avg. Annual Appreciation
5.15%
Original Mortgage
$560,000
Outstanding Balance
$537,171
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$274,653

Purchase Details

Closed on
Aug 7, 2019
Sold by
Saunders M Kerby and Saunders Alice R
Bought by
Love Joanne

Purchase Details

Listed on
Oct 31, 2013
Closed on
Oct 30, 2013
Sold by
Damratoski Thomas G and Gulbis Daina T
Bought by
Saunders M Kerby and Saunders Alice R
Seller's Agent
Michele Hill
TURPIN REAL ESTATE, INC.
Buyer's Agent
Gerry-Jo Cranmer
TURPIN REAL ESTATE, INC.
Sold Price
$545,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%
Original Mortgage
$417,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 18, 2005
Sold by
Pursell Sandra King
Bought by
Damratoski Thomas G and Gulbis Daina T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.07%
Source: Public Records

Similar Home in Peapack, NJ

  • 7 Perry St, Peapack, NJ 07977

    $939,000

    • 4 Beds
    • 2.5 Baths
    • 3,000 Sq Ft
    • 7 Perry St
    • Peapack, NJ

    Built-in 1997, this elegant center hall Colonial offers the space, style, and comfort you are looking for. Featuring solar panels and a wrap-around deck that enhances the home's charm and functionality, offering multiple access points and scenic backyard views. The main level is filled with natural light and features high ceilings, beautifully refinished hardwood floors, and well-proportioned

    Peter Engelmann WEICHERT REALTORS

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Matthijssen Judith $700,000 Urbanowicz-Mulcahy Lynne J
Love Joanne $590,000 Chicago Title Insurance Co
Saunders M Kerby $545,000 Multiple
Damratoski Thomas G $492,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthijssen Judith $560,000
Previous Owner Saunders M Kerby $412,000
Previous Owner Saunders M Kerby $417,000
Previous Owner Damratoski Thomas G $375,200
Previous Owner Damratoski Thomas G $65,200
Previous Owner Damratoski Thomas G $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $700,000 0.0% $419 / Sq Ft
04/02/2022 04/02/22 Pending -- -- --
03/12/2022 03/12/22 For Sale $700,000 +28.4% $419 / Sq Ft
10/31/2013 10/31/13 Sold $545,000 -- $327 / 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 $11,299 $661,900 $316,000 $345,900
2023 $10,824 $609,100 $300,800 $308,300
2022 $9,956 $541,700 $283,700 $258,000
2021 $9,718 $519,600 $267,700 $251,900
2020 $9,502 $505,700 $262,500 $243,200
2019 $9,041 $483,500 $257,400 $226,100
2018 $9,013 $479,900 $254,700 $225,200
2017 $8,920 $469,000 $231,600 $237,400
2016 $8,858 $461,600 $227,000 $234,600
2015 $8,516 $452,000 $220,300 $231,700
2014 $7,668 $403,600 $209,900 $193,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3766731

Garden State MLS

APN: 15-00024-0000-00013