NOT LISTED FOR SALE

56 Cedar St Millburn, NJ 07041

Estimated Value: $1,668,097 - $1,869,000

5 Beds
4 Baths
3,068 Sq Ft
$578/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $1,363,000 $444 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $10,903/month

24 Days on Market

Highlights

  • Fitness Center
  • Custom Home
  • Cathedral Ceiling
  • Wyoming Elementary School Rated A+
  • Deck
  • Wood Flooring

About This Home

As of September 2021

Prime location, open concept, updated custom home, renovated & expanded in 2015-20. 2-blocks frm Wyoming Elementary, walk to train / reservation. Beautifully finished, features EIK w hand made custom cabinetry, over sized cntr island, Viking/ Bosch SS app'ls, n double sinks. In-law suite, 1st flr bth, window lined family rm & mudroom offer access to deck n ample parking. Spacious bdrms; MSTR w/ WIC, 9' tray ceiling & adjoining marble-clad en-suite w/ separate shwr stall & soaking tub n resort-like views. Living rm w French doors leading to a private office w vaulted ceiling, n spacious formal dining rm. Finished bsmnt considered 5th bdrm w/ a bath, ductless split heating \cooling, waterproof floors, n separate REC room.Tax may increase. Blue stone frt porch n 9x30 rear paver patio opens to expansive level yd.

Last Agent to Sell the Property

Hwa Jung Chung

KELLER WILLIAMS REALTY Listed on: 07/08/2021

KELLER WILLIAMS REALTY

Last Buyer's Agent

MEILEE ZHENG

PREMIUMONE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,947

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 0.34 Acre Lot
  • Fenced
  • Level Lot
  • Property is zoned R-6

Parking

  • 1 Car Attached Garage
  • Paver Block

Home Design

  • Custom Home

Interior Spaces

  • 3,068 Sq Ft Home
  • Beamed Ceilings
  • Cathedral Ceiling
  • Thermal Windows
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Utility Room
  • Home Gym
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • French Drain

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Schools

  • Wyoming Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • Ductless Heating Or Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Radiant Heating System
  • Standard Electricity
  • Water Filtration System
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1612-00308-0000-00017-0000-

Community Details

Amenities

  • Community Storage Space

Recreation

  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,947

Year Built

Built in 1923 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1923
  • Year Built Description: Approximate, Renovated
  • County Name: Essex
  • Exclusions: all curtains & curtain rods. INCLUDED: all custom blinds.
  • Directions: WYOMING TO CEDAR ST NEAR MYRTLE AVE
  • I D: 5081486
  • Section Subdiv Development: Wyoming
  • First Name: HWA JUNG
  • First Name3: MEILEE
  • Last Name: CHUNG
  • Last Name3: ZHENG
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Flooring: Stone, Wood
  • Fireplace Description: Living Room, Non-Functional
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Range/Oven-Gas, Refrigerator, Sump Pump, Washer, Water Filter
  • Interior Amenities: Beam Ceilings, Blinds, Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, High Ceilings, Smoke Detector, StallShw, StallTub, Walk-In Closet
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Description: Finished-Partially, French Drain, Walkout
  • Dining Room Level: First
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath, SepEnter
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry, Separate Dining Area
  • Kitchen Dim: 12x13
  • Kitchen Level: First
  • Living Room Dim: 13x13
  • Living Room Level: First
  • Other Room 1: Porch
  • Other Room1 Dim: 30x5
  • Other Room1 Level: First
  • Other Room 2: Bedroom
  • Other Room2 Dim: 28x14
  • Other Room2 Level: Ground
  • Other Room 3: Rec Room
  • Other Room3 Dim: 15x13
  • Other Room3 Level: Ground
  • Other Room 4: Utility Room
  • Other Room4 Dim: 9x8
  • Other Room4 Level: Ground
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Dining Room, Family Room, Kitchen, Library, Living Room, Pantry
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 3068
  • Ground Level Rooms: 1 Bedroom, Bath(s) Other, Exercise Room, Laundry Room, Utility Room, Walkout
  • Phone: 973-376-8300

Exterior Features

  • Exterior Description: ConcBrd
  • Exterior Features: Deck, Metal Fence, Patio, Storm Door(s), Storm Window(s), Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 8
  • Parking Driveway Description: 2 Car Width, Blacktop, Paver Block

Utilities

  • Cooling: 1 Unit, Ductless Split AC
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiant - Hot Water, Radiators - Hot Water
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas-Natural
  • Water: Public Water, Water Charge Extra
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Exercise Room, Storage

Schools

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

Lot Info

  • Lot Size: 75X200
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.34
  • Zoning: R-6

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 15947
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-00308-0000-00017-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.926
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: WYOMING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Sep 3, 2021
Sold by
Chung Hwa Jung S and Pickering Hwa Jung
Bought by
Zhang Rundong
Seller's Agent
Hwa Jung Chung
KELLER WILLIAMS REALTY
Buyer's Agent
MEILEE ZHENG
PREMIUMONE REALTY
List Price
$1,298,000
Sold Price
$1,363,000
Premium/Discount to List
$65,000
5.01%
Current Estimated Value
$1,773,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,774
Avg. Annual Appreciation
6.46%
Original Mortgage
$1,158,550
Outstanding Balance
$1,038,605
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$735,169

Purchase Details

Closed on
May 10, 2021
Sold by
Pickering Charles
Bought by
Chung Hwa Jung S

Purchase Details

Listed on
Apr 23, 2013
Closed on
Apr 10, 2013
Sold by
Schulman Alan
Bought by
Chung Pickering Hwa J and Chung Pickering
Seller's Agent
KAREN E. BIGOS
COMPASS NEW JERSEY, LLC
Buyer's Agent
Stephanie Mallios
COMPASS NEW JERSEY, LLC
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%

Purchase Details

Listed on
Apr 23, 2013
Closed on
Apr 8, 2013
Sold by
Schulman Alan
Bought by
Pickering Charles and Hwa Jung
Seller's Agent
KAREN E. BIGOS
COMPASS NEW JERSEY, LLC
Buyer's Agent
Stephanie Mallios
COMPASS NEW JERSEY, LLC
Sold Price
$525,000

Purchase Details

Closed on
Mar 8, 2002
Sold by
Shulman Claire
Bought by
Schulman Alan
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
Zhang Rundong $1,363,000 Acres Land Title Agency Inc
Chung Hwa Jung S $200,000 None Available
Chung Pickering Hwa J $525,000 --
Pickering Charles $525,000 --
Pickering Charles $525,000 --
Schulman Alan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Rundong $1,158,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2021 09/03/21 Sold $1,363,000 +5.0% $444 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $1,298,000 0.0% $423 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $1,298,000 +147.2% $423 / Sq Ft
04/23/2013 04/23/13 Sold $525,000 -- $293 / Sq Ft View Prior Sale
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 $18,647 $953,300 $509,100 $444,200
2024 $18,647 $953,300 $509,100 $444,200
2023 $18,523 $953,300 $509,100 $444,200
2022 $18,523 $953,300 $509,100 $444,200
2021 $16,047 $828,000 $509,100 $318,900
2020 $15,947 $828,000 $509,100 $318,900
2019 $15,980 $828,000 $509,100 $318,900
2018 $15,749 $828,000 $509,100 $318,900
2017 $15,368 $828,000 $509,100 $318,900
2016 $14,083 $653,800 $350,800 $303,000
2015 $13,762 $525,000 $350,800 $174,200
2014 $10,584 $525,000 $350,800 $174,200
Source: Public Records

Agents Affiliated with this Home

  • Hwa Jung Chung

    Seller's Agent in 2021

    Hwa Jung Chung

    KELLER WILLIAMS REALTY

    (908) 273-2991

    10 in this area

    28 Total Sales

    Hwa Jung Chung
    Section Image

  • M

    Buyer's Agent in 2021

    MEILEE ZHENG

    PREMIUMONE REALTY

  • K

    Seller's Agent in 2013

    KAREN E. BIGOS

    COMPASS NEW JERSEY, LLC

  • D

    Seller Co-Listing Agent in 2013

    DANIEL CANNIZZO

    CHRISTIE'S INT. REAL ESTATE GROUP

  • Stephanie Mallios

    Buyer's Agent in 2013

    Stephanie Mallios

    COMPASS NEW JERSEY, LLC

    (201) 404-1972

    22 in this area

    169 Total Sales

    Stephanie Mallios
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3725771

Garden State MLS

APN: 12-00308-0000-00017

New Jersey Essex County Millburn 07041

56 Cedar St, Millburn, NJ

Not Listed for Sale

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