NOT LISTED FOR SALE

54 Southern Slope Dr Millburn, NJ 07041

Estimated Value: $1,132,000 - $1,373,000

3 Beds
2 Baths
1,400 Sq Ft
$920/Sq Ft Est. Value

Last Sold July 25, 2023

Last sale price $1,200,000 $857 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,085/month

9 Days on Market

About This Home

As of July 2023

This home is located at 54 Southern Slope Dr, Millburn, NJ 07041 since 31 May 2023 and is currently estimated at $1,287,854, approximately $919 per square foot. 54 Southern Slope Dr is a home located in Essex County with nearby schools including South Mountain School, Millburn Middle School, and Millburn High School.

Last Agent to Sell the Property

MARGARET MIGGINS

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-376-8990 Listed on: 05/31/2023

Co-Listed By

DEBRA FOX

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-376-8990

Last Buyer's Agent

Song Zhang

ALPHA METRO REALTY CORP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,560

Lot Details

  • 7,405 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,560

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 5220582
  • Attribution Contact: 973-376-8990
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 124X60
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Jul 19, 2023
Sold by
Simcox Mary E
Bought by
Xu Li
Seller's Agent
MARGARET MIGGINS
COMPASS NEW JERSEY, LLC
Buyer's Agent
Song Zhang
ALPHA METRO REALTY CORP
List Price
$839,999
Sold Price
$1,200,000
Premium/Discount to List
$360,001
42.86%
Current Estimated Value
$1,287,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,854
Avg. Annual Appreciation
3.08%
Original Mortgage
$726,300
Outstanding Balance
$708,585
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$579,269

Purchase Details

Closed on
Feb 22, 1996
Sold by
Jarkovsky James
Bought by
Simcox Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.99%
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
Xu Li $1,200,000 Coastal Title
Simcox Mary $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Li $726,300
Previous Owner Simcox Mary $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2023 07/25/23 Sold $1,200,000 +42.9% $857 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $839,999 -- $600 / 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 $15,560 $795,500 $517,500 $278,000
2024 $15,560 $795,500 $517,500 $278,000
2022 $15,457 $795,500 $517,500 $278,000
2021 $15,417 $795,500 $517,500 $278,000
2020 $15,321 $795,500 $517,500 $278,000
2019 $15,353 $795,500 $517,500 $278,000
2018 $15,130 $795,500 $517,500 $278,000
2017 $14,764 $795,500 $517,500 $278,000
2016 $12,650 $587,300 $335,700 $251,600
2015 $12,363 $587,300 $335,700 $251,600
2014 $11,840 $587,300 $335,700 $251,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    MARGARET MIGGINS

    COMPASS NEW JERSEY, LLC

  • D

    Seller Co-Listing Agent in 2023

    DEBRA FOX

    COMPASS NEW JERSEY, LLC

  • Song Zhang

    Buyer's Agent in 2023

    Song Zhang

    ALPHA METRO REALTY CORP

    (201) 948-8910

    13 in this area

    124 Total Sales

    Song Zhang
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Map

Source: Garden State MLS

MLS Number: 3846444

Garden State MLS

APN: 12-00808-0000-00024

New Jersey Essex County Millburn 07041

54 Southern Slope Dr, Millburn, NJ

Not Listed for Sale

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