NOT LISTED FOR SALE

5 Townsend Dr Florham Park, NJ 07932

Estimated Value: $2,018,000 - $2,429,813

5 Beds
5.5 Baths
1,128 Sq Ft
$1,935/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $1,875,000 $1,662 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $13,772/month

23 Days on Market

Highlights

  • New Construction
  • En-Suite Primary Bedroom
  • Rectangular Lot
  • Briarwood Elementary School Rated A-
  • Central Air

About This Home

As of August 2023

Completed to perfection! Welcome to 5 Townsend, a stunning, 5-bedroom, 5.5-bathroom home located in Florham Park, NJ. Situated in a sought-after section of town - proximate to Route 24, Morristown Airport, and charming downtown Madison - this residence offers four floors and over 5,000 sq. ft of finished space. Flooded with natural light, the first floor features an expansive great room with custom entertainment wall, gourmet kitchen equipped with state-of-the-art appliances and oversized island, and dining room with direct patio access. The innovative floor plan offers tremendous lifestyle flexibility with its den, flex room and pocket office. The second floor features an owner's suite with two walk-in closets and a luxurious en-suite bathroom, plus three additional spacious bedrooms, one of which is a junior suite with en-suite bathroom. The third floor features a fifth bedroom and full bathroom. Not to mention a fully finished basement! All this home is missing is you!

Last Agent to Sell the Property

James Mattina

AST Realty, LLC Listed on: 07/03/2023

Last Buyer's Agent

WILLIAM KENNY KWONG

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,220

Lot Details

  • 0.31 Acre Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • New Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Finished Basement

Listing and Financial Details

  • Legal Lot and Block 00040 / 02601

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,220

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 732-854-9080
  • MLS Status: Sold - Sold
  • Directions: Ridgedale to Townsend
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: New Const-New Fdn
  • PropertySubTypeAdditional: Sidehall
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: Finished with a full bath

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas

Lot Info

  • Lot Size Sq Ft: 13425.0

Tax Info

  • Tax Block: 02601
  • Tax Lot: 00040

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2023
Closed on
Aug 9, 2023
Sold by
Hometec Builders Llc
Bought by
Liu James and Liu Helen H
Seller's Agent
James Mattina
AST Realty, LLC
Buyer's Agent
WILLIAM KENNY KWONG
EXP Realty, LLC
List Price
$1,899,000
Sold Price
$1,875,000
Premium/Discount to List
-$24,000
-1.26%
Views
31
Current Estimated Value
$2,182,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,703
Avg. Annual Appreciation
7.08%
Original Mortgage
$1,500,000
Outstanding Balance
$1,363,628
Interest Rate
6.06%
Mortgage Type
New Conventional
Estimated Equity
$819,075

Purchase Details

Listed on
Mar 4, 2022
Closed on
Apr 11, 2022
Sold by
Monica Elsie H
Bought by
Hometec Builders Llc
Seller's Agent
LINDA J BRONCO
WEICHERT REALTORS
Buyer's Agent
JAMES MATTINA
AST REALTY, LLC
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
143.20%
Original Mortgage
$1,452,700
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2002
Sold by
Henderson James
Bought by
Monica Matthew and Monica Elsie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.64%

Purchase Details

Closed on
Feb 28, 1994
Sold by
Core Raymond
Bought by
Cohn Diane and Henderson James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.15%
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
Liu James $1,875,000 Chicago Title
Liu James $1,875,000 Chicago Title
Hometec Builders Llc $550,000 None Listed On Document
Monica Matthew $309,900 --
Cohn Diane $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu James $1,500,000
Closed Liu James $1,500,000
Previous Owner Hometec Builders Llc $1,452,700
Previous Owner Monica Matthew $280,000
Previous Owner Cohn Diane $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2023 08/29/23 Sold $1,875,000 -1.3% $1,662 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/03/2023 07/03/23 For Sale $1,899,000 +245.3% $1,684 / Sq Ft
04/12/2022 04/12/22 Sold $550,000 -4.3% $488 / Sq Ft View Prior Sale
03/10/2022 03/10/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $575,000 -- $510 / Sq Ft
Source: New Jersey 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 $27,220 $1,676,100 $440,400 $1,235,700
2024 $7,038 $1,676,100 $440,400 $1,235,700
2023 $7,038 $440,400 $440,400 $0
2022 $7,795 $540,100 $440,400 $99,700
2021 $7,795 $540,100 $440,400 $99,700
2020 $8,463 $540,100 $440,400 $99,700
2019 $8,318 $540,100 $440,400 $99,700
2018 $8,161 $540,100 $440,400 $99,700
2017 $7,956 $540,100 $440,400 $99,700
2016 $7,740 $540,100 $440,400 $99,700
2015 $7,355 $540,100 $440,400 $99,700
2014 $7,193 $540,100 $440,400 $99,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23020428

New Jersey MLS

APN: 11-02601-0000-00040