NOT LISTED FOR SALE

54 Farmbrook Rd Sparta, NJ 07871

Estimated Value: $972,000 - $1,177,000

4 Beds
3 Baths
6,142 Sq Ft
$173/Sq Ft Est. Value

Last Sold September 19, 2024

Last sale price $666,750 $109 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $8,196/month

36 Days on Market

About This Home

As of September 2024

This home is located at 54 Farmbrook Rd, Sparta, NJ 07871 since 24 July 2024 and is currently estimated at $1,063,325, approximately $173 per square foot. 54 Farmbrook Rd is a home located in Sussex County with nearby schools including Sparta High School, Reverand George A. Brown School, and Pope John XXIII Regional High School.

Last Agent to Sell the Property

Russell Jack Beierle

PINNACLE REALTY ASSOCIATES LLC Brokerage Phone: 973-729-6802 Listed on: 07/24/2024

Home Details

Home Type

  • Single Family

Lot Details

  • 3.98 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • County Name: Sussex
  • I D: 5302705
  • Attribution Contact: 973-729-6802
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 3.979 ACS
  • Total Acres: 3.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2025
Sold by
B & B Flipping Bricks Llc
Bought by
Covington Matthew
Current Estimated Value
$1,108,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$675,000
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$388,325

Purchase Details

Listed on
Jul 24, 2024
Closed on
Aug 19, 2024
Sold by
Nationstar Mortgage Llc
Bought by
B & B Flipping Bricks Llc
Seller's Agent
Russell Jack Beierle
PINNACLE REALTY ASSOCIATES LLC
List Price
$799,000
Sold Price
$666,750
Premium/Discount to List
-$132,250
-16.55%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.30%
Original Mortgage
$544,550
Interest Rate
6.46%
Mortgage Type
Construction

Purchase Details

Closed on
May 3, 2023
Sold by
Sheriff Of The County Of Sussex
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Apr 27, 2005
Sold by
Varrone Frank and Varrone Francis
Bought by
Lally Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$755,000
Interest Rate
9.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 28, 1999
Sold by
Johnson Paul H and Johnson Patricia S
Bought by
Varrone Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
10%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 17, 1998
Sold by
G L Development Corp
Bought by
Johnson Paul H and Johnson Patricia S

Purchase Details

Closed on
Jul 30, 1997
Sold by
G L Development Corp
Bought by
Gloucester Family Partnership Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Covington Matthew $1,100,000 Stewart Title Guaranty Company
B & B Flipping Bricks Llc $666,750 Fortune Title Agency
Bayview Loan Servicing Llc $878,743 None Listed On Document
Lally Kelly $670,000 First American Title Ins Co
Varrone Francis $670,000 --
Johnson Paul H -- --
Gloucester Family Partnership Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covington Matthew $675,000
Previous Owner B & B Flipping Bricks Llc $544,550
Previous Owner Lally Kelly $755,000
Previous Owner Varrone Francis $167,000
Previous Owner Varrone Francis $502,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2024 09/19/24 Sold $666,750 -16.6% $109 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $799,000 -- $130 / Sq Ft
Source: Garden State MLS

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 $29,182 $813,100 $170,400 $642,700
2024 $28,345 $813,100 $170,400 $642,700
2023 $28,345 $813,100 $170,400 $642,700
2022 $27,662 $813,100 $170,400 $642,700
2021 $27,223 $813,100 $170,400 $642,700
2020 $27,645 $813,100 $170,400 $642,700
2019 $26,930 $813,100 $170,400 $642,700
2018 $26,361 $813,100 $170,400 $642,700
2017 $26,035 $813,100 $170,400 $642,700
2016 $25,426 $813,100 $170,400 $642,700
2015 $28,814 $740,900 $147,200 $593,700
2014 $28,347 $740,900 $147,200 $593,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3915084

Garden State MLS

APN: 18-09001-0000-00062