NOT LISTED FOR SALE

55 Locust Ave Millburn, NJ 07041

Estimated Value: $1,118,000 - $1,617,337

3 Beds
2.5 Baths
2,983 Sq Ft
$485/Sq Ft Est. Value

Last Sold August 15, 2017

Last sale price $910,000 $305 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $9,415/month

30 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Deck
  • Wood Flooring
  • South Mountain School Rated A+
  • Recreation Room
  • Tudor Architecture

About This Home

As of August 2017

Don't miss this beautifully maintained 3 bedroom, 2.5 bath Tudor in sought after South Mountain! W/potential 1st floor 4th Bedroom currently used as TV Room/Den, this is a rare to find! 1st lvl feat. gleaming h/w floors, LR w/gorg. stone front fireplace, opening effortlessly into light-filled Sunroom & LR flows easily into the DR, w/access through sliders to the rear deck - perfect for indoor/outdoor living! Kitc. w/Breakfast Area & stunning original built-ins, large Pantry, SubZero refrig., 2nd lvl feat. MBR 3 closets, sitting area & full ensuite bath, 2 additional BDs & another full bath. Walkup attic w/ walkout storage & finished bonus room! LL Rec rm & amazing wine cellar cannot be missed! Fenced in yard w/fantastic deck, plenty of room for outdoor play & hobbies - this one will not last!

Last Agent to Sell the Property

SUSAN ADLER

KELLER WILLIAMS REALTY Listed on: 05/31/2017

Last Buyer's Agent

MAOR SEGAL

REAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,009

Lot Details

  • 9,148 Sq Ft Lot
  • Wood Fence
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Tile

Interior Spaces

  • Skylights
  • Track Lighting
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Partially Finished Basement
  • Front Basement Entry
  • Attic

Kitchen

  • Butlers Pantry
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Air
  • Radiator
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1612-00605-0000-00019-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,009

Lot Details

0

Parking

2

Listing Details

  • Style: Tudor
  • Primary Style: Tudor
  • Subproperty Type: Single Family
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: BBQ grill, sound system components and lawn sculpture
  • Street Number Display: 55
  • Directions: Millburn Avenue to Locust Avenue
  • I D: 4718785
  • Modified: 2021-09-23
  • Number Images: 21
  • Section Subdiv Development: South Mountain
  • First Name: SUSAN
  • First Name3: MAOR
  • Last Name: ADLER
  • Last Name3: SEGAL
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, OvnWElec, Refrigerator, CookGas, Washer, Dishwasher, Disposal, Dryer
  • Interior Amenities: TubShowr, StallShw, Security System, Carbon Monoxide Detector, Skylight, Smoke Detector, Track Lighting
  • Number Rooms: 11
  • Bedrooms: 3
  • Master Bedroom Desc: Sitting Room, Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Storage Room, Laundry Room, Rec Room, Utility Room, SeeRem
  • Dining Room Level: First
  • Den Level: First
  • Kitchen Area: Center Island, Separate Dining Area, Pantry
  • Kitchen Dim: 11x16
  • Kitchen Level: First
  • Living Room Dim: 21x16
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 20x22
  • Other Room1 Level: Basement
  • Other Room 2: Breakfast
  • Other Room2 Dim: 6x13
  • Other Room2 Level: First
  • Other Room 3: Sunroom
  • Other Room3 Dim: 19x7
  • Other Room3 Level: First
  • Other Room 4: Storage Room
  • Other Room4 Level: Third
  • Level 1 Rooms: Breakfast Room, Kitchen, Powder Room, Sunroom, Foyer, Den, Dining Room, Living Room, Pantry, Entrance Vestibule
  • Level 2 Rooms: Bath(s) Other, 3 Bedrooms, Bath Main
  • Level 3 Rooms: Storage Room, Attic
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Brick, Stucco
  • Exterior Features: Deck, Wood Fence, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 60X150
  • Assessed Improvement Value: 436700
  • Assessed Land Value: 306500
  • Assessment: 743200
  • Easement: Unknown
  • Lot Identifier: 19
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.21

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16009
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-00605-0000-00019-0000-
  • Tax Rate Amount: 2.154
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: S MOUNTAIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2017
Closed on
Aug 10, 2017
Sold by
Saltzman Steven H and Lefkovitz Marcy R
Bought by
Mundra Ashwin and Mundra Jyoti
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
MAOR SEGAL
REAL
List Price
$899,000
Sold Price
$910,000
Premium/Discount to List
$11,000
1.22%
Total Days on Market
30
Current Estimated Value
$1,448,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$538,084
Avg. Annual Appreciation
6.92%
Original Mortgage
$728,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2000
Sold by
Schuman Andrew L
Bought by
Saltzman Steven H and Lefkovitz Marcy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,300
Interest Rate
8.1%
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
Mundra Ashwin $910,000 --
Saltzman Steven H $503,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mundra Ashwin $710,000
Closed Mundra Ashwin $727,000
Closed Mundra Ashwin $0
Closed Mundra Ashwin $728,000
Previous Owner Saltzman Steven H $414,500
Previous Owner Saltzman Steven H $50,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2017 08/15/17 Sold $910,000 +1.2% $305 / Sq Ft
06/30/2017 06/30/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $899,000 -- $301 / 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 $18,480 $944,800 $520,700 $424,100
2024 $18,480 $944,800 $520,700 $424,100
2022 $18,357 $944,800 $520,700 $424,100
2021 $18,310 $944,800 $520,700 $424,100
2020 $18,197 $944,800 $520,700 $424,100
2019 $18,235 $944,800 $520,700 $424,100
2018 $17,970 $944,800 $520,700 $424,100
2017 $17,535 $944,800 $520,700 $424,100
2016 $16,009 $743,200 $306,500 $436,700
2015 $15,644 $743,200 $306,500 $436,700
2014 $14,983 $743,200 $306,500 $436,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    SUSAN ADLER

    KELLER WILLIAMS REALTY

  • M

    Buyer's Agent in 2017

    MAOR SEGAL

    REAL

See All Agents

Map

Source: Garden State MLS

MLS Number: 3392256

Garden State MLS

APN: 12-00605-0000-00019

New Jersey Essex County Millburn 07041

55 Locust Ave, Millburn, NJ

This home is located at 55 Locust Ave, Millburn, NJ 07041 since 31 May 2017 and is currently estimated at $1,448,084, approximately $485 per square foot. 55 Locust Ave is a home located in Essex County with nearby schools including South Mountain School, Millburn Middle School, and Millburn High School.

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