NOT LISTED FOR SALE

516 Wyoming Ave Millburn, NJ 07041

Estimated Value: $1,438,000 - $1,614,000

4 Beds
3.5 Baths
2,262 Sq Ft
$662/Sq Ft Est. Value

Last Sold June 05, 2019

Last sale price $870,000 $385 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $9,443/month

20 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • South Mountain School Rated A+
  • Recreation Room
  • Den

About This Home

As of June 2019

Don't miss this your chance to own this unbelievably spacious 4-5 bed 3 1/2 bath South Mountain Colonial just blocks to town, shops, NYC train and top rated schools! Newer large Eat in Kitchen with access to deck and yard. Bright home with lovely details throughout with hardwood floors and large size rooms. Meticulously care for and updated throughout ownership. Large Dining room and Living room are great for entertaining and first floor family room/den flooded with natural light is a delight! Lower level possible in-law suite with access to exterior door. Homes floor plan beautifully flows and also has large bedrooms! Completing this wonderful home is an additional bedroom with bath and sitting area on third floor.

Last Agent to Sell the Property

MARGARET M. MORREALE

WEICHERT REALTORS Listed on: 04/04/2019

Last Buyer's Agent

ANJU IDNANI

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,847

Year Built

  • Built in 1926

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Additional Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Tile

Interior Spaces

  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room

Outdoor Features

  • Deck
  • Porch

Schools

  • S Mountain Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Radiator
  • Electric Baseboard Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1612-00603-0000-00006-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,847

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1926
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: list CO/LO
  • Renovated Year: 2005
  • Street Number Display: 516
  • Directions: Millburn Ave or Southren Slope to Wyoming #516
  • I D: 4884108
  • Modified: 2021-09-23
  • Number Images: 20
  • Section Subdiv Development: South Mountain
  • First Name: MARGARET M.
  • First Name3: ANJU
  • Last Name: MORREALE
  • Last Name3: IDNANI
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2005

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Non-Functional, Living Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Dishwasher
  • Number Rooms: 11
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Utility Room, Leisure, Storage Room, Bath(s) Other, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 20x12
  • Kitchen Level: First
  • Living Room Dim: 23x13
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 20x11
  • Other Room1 Level: Basement
  • Other Room 2: Leisure Room
  • Other Room2 Dim: 24x12
  • Other Room2 Level: Basement
  • Other Room 3: Bathroom
  • Other Room3 Level: Basement
  • Level 1 Rooms: Foyer, Den, Living Room, Dining Room, Porch, Powder Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other
  • Phone: 973-376-4545

Exterior Features

  • Exterior Description: Brick, Wood
  • Exterior Features: Open Porch(es), Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Additional Parking

Utilities

  • Cooling: 2 Units, Central Air, Ductless Split AC
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Radiators - Steam, Baseboard - Electric
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Home Warranty: Yes

Schools

  • Elementary School: S MOUNTAIN
  • Middle School: MILLBURN
  • High School: MILLBURN
  • High School: MILLBURN
  • Middle Jr High School: MILLBURN

Lot Info

  • Lot Size: 50X150
  • Assessed Improvement Value: 313900
  • Assessed Land Value: 466700
  • Assessment: 780600
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 6
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.17
  • Zoning: Res

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 14847
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-00603-0000-00006-0000-
  • Tax Rate Amount: 1.902
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: S MOUNTAIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
Jun 5, 2019
Sold by
Tapal Shakil and Tapal Shehnaz
Bought by
Asani Rajat and Shah Bhavmeet
Seller's Agent
MARGARET M. MORREALE
WEICHERT REALTORS
Buyer's Agent
ANJU IDNANI
WEICHERT REALTORS
List Price
$899,000
Sold Price
$870,000
Premium/Discount to List
-$29,000
-3.23%
Current Estimated Value
$1,497,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$627,372
Avg. Annual Appreciation
8.58%

Purchase Details

Closed on
Apr 7, 2000
Sold by
Negishi Mei
Bought by
Tapal Shakil and Tapal Shenaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,400
Interest Rate
8.26%
Source: Public Records

Range of Values:

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Average Value
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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
Asani Rajat $870,000 --
Tapal Shakil $402,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asani Rajat $675,860
Closed Asam Rajat $675,800
Previous Owner Tapal Shakil $242,000
Previous Owner Tapal Shakil $242,000
Previous Owner Tapal Shakil $281,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2019 06/05/19 Sold $870,000 -3.2% $385 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $899,000 -- $397 / 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 $15,405 $787,600 $466,700 $320,900
2024 $15,405 $787,600 $466,700 $320,900
2023 $15,303 $787,600 $466,700 $320,900
2022 $15,303 $787,600 $466,700 $320,900
2021 $15,264 $787,600 $466,700 $320,900
2020 $15,169 $787,600 $466,700 $320,900
2019 $15,066 $780,600 $466,700 $313,900
2018 $14,847 $780,600 $466,700 $313,900
2017 $14,488 $780,600 $466,700 $313,900
2016 $13,917 $646,100 $303,600 $342,500
2015 $13,600 $646,100 $303,600 $342,500
2014 $13,025 $646,100 $303,600 $342,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3545516

Garden State MLS

APN: 12-00603-0000-00006