NOT LISTED FOR SALE

56 Will Ln Watchung, NJ 07069

Estimated Value: $2,464,000 - $3,610,000

6 Beds
8 Baths
8,000 Sq Ft
$359/Sq Ft Est. Value

Last Sold June 26, 2018

Last sale price $1,950,000 $244 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $18,576/month

86 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Custom Home
  • Family Room with Fireplace
  • Bayberry Elementary School Rated A-
  • Deck
  • Recreation Room

About This Home

As of June 2018

No expenses were spared in the creation of this magnificently finished, one-of-a kind custom residence. In consultation with the area's top designers, architects, engineers and craftsmen this home was brilliantly conceived and executed to perfection. From the expert selection of it's desirable location to the painstaking choices of the finest amenities, the goal was to create a custom home of unrivaled quality. This home is conveniently situated near the end of a peaceful cul-de-sac street on a gorgeous private parcel. The exterior finishes include hand crafted Old Carolina brick, mahogany doors and premium bluestone. The interior features a beautiful Leonardis designer gourmet kitchen, luxuriously appointed bathrooms, an abundance of precision millwork and premium designer fixtures.

Last Agent to Sell the Property

John Mangini

NEXTHOME PREMIER Listed on: 02/21/2018

NEXTHOME PREMIER

Last Buyer's Agent

John Mangini

NEXTHOME PREMIER Listed on: 02/21/2018

NEXTHOME PREMIER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,598

Year Built

  • Built in 2005

Lot Details

  • 1.5 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Open Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 4 Car Garage
  • Paver Block
  • Additional Parking

Home Design

  • Custom Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 8,000 Sq Ft Home
  • Wet Bar
  • Sound System
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Shades
  • Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Recreation Room
  • Game Room
  • Storage Room
  • Home Gym
  • Attic

Kitchen

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

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Schools

  • Bayberry Elementary School
  • Vally View Middle School
  • Watchung High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2721-06503-0000-00010-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,598

Year Built

Built in 2005

Lot Details

0

Parking

4

Listing Details

  • Style: Colonial, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2005
  • County Name: Somerset
  • Easements Description: See Survey
  • Exclusions: See Listing Agent
  • Street Number Display: 56
  • Directions: Valley Drive to Will Lane
  • I D: 4778363
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: JOHN
  • First Name3: JOHN
  • Last Name: MANGINI
  • Last Name3: MANGINI
  • Office Phone: 908-325-5000
  • Office Phone3: 908-325-5000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Stone, Wood
  • Fireplace Description: Bedroom 1, Gas Fireplace, Family Room, Library, Living Room
  • Number of Fireplaces: 4
  • Appliances: Carbon Monoxide Detector, Generator-Built-In, Range/Oven-Gas, OvnWElec, Refrigerator, CookGas, Washer, Dishwasher, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: SoakTub, Bar-Wet, Walk-In Closet, Security System, StallTub, Fire Extinguisher, Shades, Window Treatments, Carbon Monoxide Detector, Stereo System, Cathedral Ceiling, Smoke Detector
  • Number Rooms: 15
  • Bedrooms: 6
  • Master Bedroom Desc: Fireplace, Sitting Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower And Tub, Soaking Tub
  • Bathrooms: 6.20
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Walkout, Finished, Full
  • Basement Level Rooms: Walkout, GameRoom, SeeRem, Storage Room, Exercise Room, Powder Room, Bath(s) Other, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Pantry, Eat-In Kitchen
  • Kitchen Dim: 20x25
  • Kitchen Level: First
  • Living Room Dim: 14x16
  • Living Room Level: First
  • Other Room 1: Library
  • Other Room1 Dim: 15x18
  • Other Room1 Level: First
  • Other Room 2: Bedroom
  • Other Room2 Dim: 12x12
  • Other Room2 Level: First
  • Other Room 3: Bedroom
  • Other Room3 Dim: 12x17
  • Other Room3 Level: Second
  • Other Room 4: Game Room
  • Other Room4 Dim: 20x30
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Breakfast Room, Laundry Room, Foyer, Office, Library, SeeRem, Living Room, Dining Room, Powder Room, Bath(s) Other, Family Room, Kitchen
  • Level 2 Rooms: SeeRem, 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 8000
  • Phone: 908-325-5000

Exterior Features

  • Exterior Description: Stone, Brick
  • Exterior Features: Underground Lawn Sprinkler, Patio, Deck, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Finished Garage, Oversize Garage
  • Number Garage Spaces: 4
  • Parking Driveway Description: 2 Car Width, Additional Parking, Paver Block

Utilities

  • Cooling: Multi-Zone Cooling, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: BAYBERRY
  • Middle School: VALLY VIEW
  • High School: WATCHUNG
  • High School: WATCHUNG
  • Middle Jr High School: VALLY VIEW

Lot Info

  • Lot Size: 1.50 AC
  • Assessed Improvement Value: 1466500
  • Assessed Land Value: 281800
  • Assessment: 1748300
  • Lot Description: Level Lot, Cul-De-Sac, Open Lot, Wooded Lot
  • Lot Identifier: 10
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.50
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 34598
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2721-06503-0000-00010-0000-
  • Tax Rate Amount: 1.979
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: BAYBERRY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2018
Closed on
Jun 22, 2018
Sold by
Mccabe John J and Mc Cabe Susan L
Bought by
Singh Ajay and Donoso Singh Mariangel
Seller's Agent
John Mangini
NEXTHOME PREMIER
Buyer's Agent
John Mangini
NEXTHOME PREMIER
List Price
$2,175,000
Sold Price
$1,950,000
Premium/Discount to List
-$225,000
-10.34%
Current Estimated Value
$2,870,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$920,381
Avg. Annual Appreciation
5.48%
Original Mortgage
$1,462,500
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 30, 2003
Sold by
Yonezuka Anastasia
Bought by
Mccabe John and Mccabe Susan
Source: Public Records

Range of Values:

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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
Singh Ajay $1,950,000 None Available
Mccabe John $610,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Ajay $1,462,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2018 06/26/18 Sold $1,950,000 -10.3% $244 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $2,175,000 -- $272 / 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 $40,278 $2,183,200 $366,000 $1,817,200
2024 $40,278 $2,015,900 $338,500 $1,677,400
2023 $38,936 $1,907,700 $316,300 $1,591,400
2022 $38,818 $1,847,600 $310,000 $1,537,600
2021 $38,771 $1,890,100 $310,000 $1,580,100
2020 $40,128 $1,885,700 $310,000 $1,575,700
2019 $38,771 $1,868,500 $310,000 $1,558,500
2018 $37,078 $1,862,300 $310,000 $1,552,300
2017 $34,599 $1,748,300 $281,800 $1,466,500
2016 $35,982 $1,720,800 $281,800 $1,439,000
2015 $38,914 $1,837,300 $281,800 $1,555,500
2014 $32,233 $1,539,300 $281,800 $1,257,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3448254

Garden State MLS

APN: 21-06503-0000-00010