NOT LISTED FOR SALE

55 Locust Ave Millburn, NJ 07041

Estimated Value: $1,424,000 - $1,770,000

3 Beds
2.5 Baths
2,983 Sq Ft
$523/Sq Ft Est. Value

Last Sold August 15, 2017

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

Est. 72% increase in value since last sale

Current estimated payment $9,572/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
  • Dining Room
  • Den
  • Recreation Room
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Partially Finished Basement
  • Front Basement Entry
  • Attic

Kitchen

  • 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-

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,009

Lot Details

9,148 Sq Ft Lot

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
  • Directions: Millburn Avenue to Locust Avenue
  • I D: 4718785
  • 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
  • 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

  • High School: MILLBURN
  • Middle Jr High School: MILLBURN

Lot Info

  • Lot Size: 60X150
  • Easement: Unknown
  • 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 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%
Current Estimated Value
$1,560,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$650,736
Avg. Annual Appreciation
6.49%
Original Mortgage
$728,000
Outstanding Balance
$597,536
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$963,200

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $728,000
Previous Owner Saltzman Steven H $50,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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

Not Listed for Sale

Detached

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