NOT LISTED FOR SALE

50 Farbrook Dr Millburn, NJ 07078

Estimated Value: $2,581,000 - $2,719,000

5 Beds
5 Baths
4,559 Sq Ft
$583/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $1,855,000 $407 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $16,201/month

6 Days on Market

Highlights

  • Media Room
  • Spa
  • Recreation Room
  • Deerfield Elementary School Rated A+
  • Colonial Architecture
  • Marble Flooring

About This Home

As of January 2022

Lovely brick front 5 bedroom, 3.2 bath Center Hall Colonial situated on over half an acre in Deerfield. Spacious room sizes and an open floor plan that are ideal for entertaining and everyday living. First floor bedroom/office with full bath, Family Room with wet bar and wood burning fireplace open to gourmet eat-in kitchen with breakfast bar, walk-in pantry and top of the line ss appliances. Large living room which can be optionally used as a billiards/game room. Primary bath has steam shower, heated floors and access to a fitted walk-in closet. 3 additional bedrooms on the second floor. Walk-out finished lower level that has been freshly painted and newly carpeted with office, half bath, rec room and storage. Backyard is fully fenced in with patio, sports court and plenty of room to play. Oversized 2 car garage is equipped for an electric car.

Last Agent to Sell the Property

ELAINE PRUZON

PROMINENT PROPERTIES SIR Listed on: 11/03/2021

Co-Listed By

SUZANNE L. POLOW

PROMINENT PROPERTIES SIR

Last Buyer's Agent

Elyse Wolfe

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,120

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 0.46 Acre Lot
  • Privacy Fence
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • 4,559 Sq Ft Home
  • Wet Bar
  • Sound System
  • Wood Burning Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Media Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Patio

Schools

  • Deerfield Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Radiant Heating System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1612-04001-0000-00036-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,120

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1964
  • Year Built Description: Approximate, Renovated
  • County Name: Essex
  • Exclusions: See LA
  • Directions: Great Hills to Farbrook or Mohawk to Farbrook
  • I D: 5113370
  • Section Subdiv Development: Deerfield
  • First Name: ELAINE
  • First Name2: SUZANNE L.
  • First Name3: ELYSE
  • Last Name: PRUZON
  • Last Name2: POLOW
  • Last Name3: WOLFE
  • Office Phone: 973-376-8188
  • Office Phone2: 973-376-8188
  • Office Phone3: 973-310-6816
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2014

Interior Features

  • Flooring: Carpeting, Marble, Tile, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Disposal, Dryer, Hot Tub, Microwave Oven, Refrigerator, Sump Pump, OvnWElec, Washer, WineRefr
  • Interior Amenities: Bar-Wet, Carbon Monoxide Detector, Hot Tub, Security System, Smoke Detector, StallShw, Steam, Stereo System, TubShowr, Walk-In Closet, Window Treatments
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Steam
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Walkout
  • Basement Level Rooms: Media Room, Office, Powder Room, Rec Room, Storage Room, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen, Pantry, Separate Dining Area
  • Kitchen Dim: 21x11
  • Kitchen Level: First
  • Living Room Dim: 15x24
  • Living Room Level: First
  • Other Room 1: Bedroom/Office
  • Other Room1 Dim: 13x12
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Dim: 14x24
  • Other Room2 Level: Basement
  • Other Room 3: Media Room
  • Other Room3 Dim: 15x21
  • Other Room3 Level: Basement
  • Other Room 4: Office
  • Other Room4 Dim: 11x11
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Breakfast Room, Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Living Room, Office, Pantry, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 4559
  • Phone: 973-376-8188

Exterior Features

  • Exterior Description: Brick, Wood Shingle
  • Exterior Features: Barbeque, Hot Tub, Patio, Privacy Fence, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, Oversize Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Radiant - Electric
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: MILLBURN
  • Middle Jr High School: MILLBURN

Lot Info

  • Lot Size: 150X170
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.46
  • Zoning: Res

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 31120
  • Assessor Parcel Number: 1612-04001-0000-00036-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.938
  • Tax Year: 2021

MLS Schools

  • Grade School: DEERFIELD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Jan 6, 2022
Sold by
Adelman and Heather
Bought by
Rainer Jason and Rainer Jillian
Seller's Agent
ELAINE PRUZON
PROMINENT PROPERTIES SIR
Buyer's Agent
Elyse Wolfe
COMPASS NEW JERSEY, LLC
List Price
$1,725,000
Sold Price
$1,855,000
Premium/Discount to List
$130,000
7.54%
Current Estimated Value
$2,623,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$768,799
Avg. Annual Appreciation
9.32%
Original Mortgage
$1,205,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Rainer Jason $1,855,000 Westcor Land Title
-- $975,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rainer Jason $1,205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2022 01/10/22 Sold $1,855,000 +7.5% $407 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $1,725,000 -- $378 / 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 $31,409 $1,605,800 $741,800 $864,000
2024 $31,409 $1,605,800 $741,800 $864,000
2022 $31,201 $1,605,800 $741,800 $864,000
2021 $31,120 $1,605,800 $741,800 $864,000
2020 $30,928 $1,605,800 $741,800 $864,000
2019 $30,992 $1,605,800 $741,800 $864,000
2018 $30,542 $1,605,800 $741,800 $864,000
2017 $29,804 $1,605,800 $741,800 $864,000
2016 $32,655 $1,516,000 $495,900 $1,020,100
2015 $31,912 $1,516,000 $495,900 $1,020,100
2014 $30,563 $1,516,000 $495,900 $1,020,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3750105

Garden State MLS

APN: 12-04001-0000-00036