$490,000
SOLD NOV 6, 2020

50 Forest Rd Budd Lake, NJ 07828

5 Beds
3 Baths
2,650 Sq Ft
0.34 Acres

Recently Sold

$185 Per Sq Ft

2% Below List Price

22 Days on Market

Highlights

  • Custom Home
  • Lake View
  • Deck
  • Mount Olive High School Rated A
  • 0.34 Acre Lot
  • 2 Car Detached Garage

About This Home

As of November 2020

STUNNING! Lake view ! Bright open floor plan with 5 bedrooms, 3 full baths. Full Master Bathroom! All newly renovated in 2020! 2 units brand New Furnace, Anderson windows,siding, roof,SS appliances, central air, Open concept Kitchen features soft close cabinets,Granite Countertops, recessed light, hardwood floors throughout, home office, first floor feature one full bath and one bedroom, 2nd floor feature 4 bedrooms and 2 full baths, Wrought Iron balusters on wood staircase. Master bedroom with deck /lake view, 2 car oversize garage,Natural Gas with Public sewer. House is still under construction will

Last Agent to Sell the Property

Hajira Yafai

COLDWELL BANKER REALTY Listed on: 08/30/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Joseph Morreale

RE/MAX SELECT

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,623

Year Built

  • Built in 1948 | Under Construction

Lot Details

  • 0.34 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Custom Home
  • Vinyl Siding

Interior Spaces

  • 2,650 Sq Ft Home
  • Lake Views
  • Crawl Space
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • <<microwave>>
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Mt.Olive High School

Utilities

  • Central Air
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Private Water Source
  • Well

Listing and Financial Details

  • Assessor Parcel Number 2327-03202-0000-00016-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,623

Year Built

Built in 1948 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1948
  • Year Built Description: Renovated, Under Construction
  • County Name: Morris
  • Renovated Year: 2020
  • Street Number Display: 50
  • Directions: US-46 to Left on Church St, Right turn on Sand Shore Rd, to Elizabeth Ln, to Forest Rd.
  • I D: 5012172
  • Modified: 2021-11-07
  • Number Images: 23
  • First Name: HAJIRA
  • First Name3: JOSEPH
  • Last Name: YAFAI
  • Last Name3: MORREALE
  • Office Phone: 295255
  • Office Phone3: 973-390-3326
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Appliances: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Number Rooms: 10
  • Bedrooms: 5
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Crawl Space
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry, Separate Dining Area
  • Estimated Sq Ft: 2650
  • Phone: 973-361-7700

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Open Porch(es), Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Private, Well

Schools

  • High School: MT.Olive HS
  • High School: MT.Olive HS

Lot Info

  • Lot Size: 100X150
  • Assessed Improvement Value: 86400
  • Assessed Land Value: 114200
  • Assessment: 200600
  • Easement: Unknown
  • Lot Description: Lake/Water View, Level Lot
  • Lot Identifier: 16
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.34

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6623
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2327-03202-0000-00016-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.205
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2020
Closed on
Nov 3, 2020
Sold by
Noor Property Llc
Bought by
Mackey Julianne and Tuma Sean
Seller's Agent
Hajira Yafai
COLDWELL BANKER REALTY
Buyer's Agent
Joseph Morreale
RE/MAX SELECT
List Price
$498,000
Sold Price
$490,000
Premium/Discount to List
-$8,000
-1.61%
Current Estimated Value
$666,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,501
Avg. Annual Appreciation
6.15%
Original Mortgage
$392,000
Outstanding Balance
$351,993
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$296,315

Purchase Details

Listed on
Nov 17, 2018
Closed on
May 9, 2019
Sold by
Reverse Mortgage Funding Llc
Bought by
Noor Property Llc
Seller's Agent
Russell Jack Beierle
PINNACLE REALTY ASSOCIATES LLC
Buyer's Agent
RICHARD WINGFIELD
C-21 CHRISTEL REALTY
List Price
$151,900
Sold Price
$130,000
Premium/Discount to List
-$21,900
-14.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
146.61%

Purchase Details

Closed on
Nov 15, 2010
Sold by
Glover Diane F and Glover Bellardini Diane F
Bought by
Bellardini Giulio

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
4.83%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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 $490,000 Heritage Abstract Company
Deed $490,000 None Listed On Document
Special Warranty Deed $130,000 None Available
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $392,000 New Conventional
Closed $392,000 New Conventional
Previous Owner $330,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $490,000 -1.6% $185 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
08/30/2020 08/30/20 For Sale $498,000 +283.1% $188 / Sq Ft
05/21/2019 05/21/19 Sold $130,000 -0.4% $89 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/06/2019 04/06/19 Price Changed $130,500 -14.1% $89 / Sq Ft
04/02/2019 04/02/19 For Sale $151,900 0.0% $104 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
01/09/2019 01/09/19 Price Changed $151,900 -2.0% $104 / Sq Ft
11/17/2018 11/17/18 For Sale $155,000 -- $106 / 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 $10,518 $320,000 $114,200 $205,800
2023 $10,518 $320,000 $114,200 $205,800
2022 $6,736 $320,000 $114,200 $205,800
2021 $6,736 $200,600 $114,200 $86,400
2020 $6,646 $200,600 $114,200 $86,400
2019 $6,624 $200,600 $114,200 $86,400
2018 $6,560 $200,600 $114,200 $86,400
2017 $6,445 $200,600 $114,200 $86,400
2016 $6,241 $200,600 $114,200 $86,400
2015 $6,387 $200,600 $114,200 $86,400
2014 $6,393 $200,600 $114,200 $86,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3660202

Garden State MLS

APN: 27-03202-0000-00016