NOT LISTED FOR SALE

58 Locust Ave Millburn, NJ 07041

Estimated Value: $1,909,000 - $2,576,000

6 Beds
5 Baths
1,533 Sq Ft
$1,482/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $2,350,000 $1,533 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $13,554/month

70 Days on Market

Highlights

  • Stairway
  • En-Suite Primary Bedroom
  • Rectangular Lot
  • South Mountain School Rated A+
  • Central Air
  • Heating System Uses Natural Gas

About This Home

As of July 2024

Be the FIRST to live in Millburn's newest built modern luxury estate! You are first greeted by herringbone hardwood floors & two-story foyer that leads you towards the heart of the home. A masterpiece chef's kitchen awaits featuring soft-close modern cabinets, top-of-the-line appliances & a 14ft center island w breakfast bar. Luxury is woven into every detail from the exquisite chandeliers & finishes to the designer wallpaper. Rounded arches grace the interiors & the open-flow layout & warmth of the living room fireplace invites comfort. A large deck off the family room is perfect for indoor/outdoor living overlooking your .23 acre oversized lot with huge backyard. The master suite is a sanctuary w vaulted ceilings, private balcony & ensuite spa bath w wetroom. Spacious guest bedrooms provide comfort w 2 ensuite bedrooms for added privacy. The walkout basement features a private ensuite, living area & 2 car garage w mudroom. This is more than a house; it's a masterpiece of living!

Last Agent to Sell the Property

Amanda Abdelsayed

Keller Williams Realty Metropolitan Listed on: 04/02/2024

Keller Williams Realty Metropolitan

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,417

Lot Details

  • 10,149 Sq Ft Lot
  • Lot Dimensions are 50x203
  • Rectangular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • Gas Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • 5 Full Bathrooms

Accessible Home Design

  • Stairway

Schools

  • South Mountain Elementary School
  • Millburn Middle School
  • Millburn Sr. High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00007 / 00606

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,417

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: Sunrise
  • Co List Office Phone: (973) 539-1120
  • Outside Inclusions: Refrigerator, Dishwasher, Range/Oven, Microwave, Wine Fridge
  • MLS Status: Sold - Sold
  • Directions: GPS 58 Locust Ave, Millburn
  • Reso Fireplace Features: 1 Fireplace, Gas
  • Year Built Details: 1900-1939,New Const-Existing Fdn,Renovated,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Grd Lv Acces
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Primary Bathroom: Yes
  • Basement Remarks: Rec Room, Bedroom, Full Bath, Garage

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Other, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric, Natural Gas, Forced Air, Zoned

Schools

  • Elementary School: South Mountain E.S.
  • High School: Millburn Sr. H.S.
  • Middle Or Junior School: Millburn M.S.
  • Elementary: South Mountain E.S.

Lot Info

  • Lot Dimensions: 50x203
  • Lot Size Sq Ft: 10149.0

Tax Info

  • Tax Annual Amount: 14417.0
  • Tax Block: 00606
  • Tax Lot: 00007

MLS Schools

  • High School Text: Millburn Sr. H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
Jun 28, 2024
Sold by
58 Locust Ave Llc
Bought by
Nay John and Ngo Christine
Seller's Agent
Amanda Abdelsayed
Keller Williams Realty Metropolitan
Buyer's Agent
Outside Agent
Outside Office
List Price
$2,488,777
Sold Price
$2,350,000
Premium/Discount to List
-$138,777
-5.58%
Views
104
Current Estimated Value
$2,255,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$94,035
Avg. Annual Appreciation
-3.05%

Purchase Details

Listed on
Jan 17, 2023
Closed on
Feb 20, 2023
Sold by
Krol Henry and Krol Deborah B
Bought by
58 Locust Ave Llc
Seller's Agent
MARGARET MIGGINS
COMPASS NEW JERSEY, LLC
Buyer's Agent
SUSAN POSNIACK
COMPASS NEW JERSEY, LLC
List Price
$799,000
Sold Price
$838,950
Premium/Discount to List
$39,950
5%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.69%
Original Mortgage
$1,095,607
Interest Rate
6.13%
Mortgage Type
Construction

Purchase Details

Closed on
May 27, 1987
Bought by
Krol Henry and Krol Deborah B
Source: Public Records

Range of Values:

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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
Nay John $2,350,000 Acres Land Title
58 Locust Ave Llc $838,950 Rms Title Services
Krol Henry $224,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 58 Locust Ave Llc $1,095,607
Previous Owner Krol Henry $309,600
Previous Owner Block Krol Debra $271,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $2,350,000 -2.1% $1,533 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
05/29/2024 05/29/24 Price Changed $2,399,888 -3.6% $1,565 / Sq Ft
05/03/2024 05/03/24 For Sale $2,488,777 0.0% $1,623 / Sq Ft
05/03/2024 05/03/24 Price Changed $2,488,777 +5.9% $1,623 / Sq Ft
04/24/2024 04/24/24 Off Market $2,350,000 -- --
04/02/2024 04/02/24 For Sale $2,600,000 +209.9% $1,696 / Sq Ft
02/28/2023 02/28/23 Sold $838,950 +5.0% $547 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $799,000 -- $521 / Sq Ft
Source: New Jersey 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 $14,418 $1,701,200 $495,500 $1,205,700
2024 $14,418 $737,100 $495,500 $241,600
2023 $14,322 $737,100 $495,500 $241,600
2022 $14,322 $737,100 $495,500 $241,600
2021 $14,285 $737,100 $495,500 $241,600
2020 $14,197 $737,100 $495,500 $241,600
2019 $14,226 $737,100 $495,500 $241,600
2018 $14,020 $737,100 $495,500 $241,600
2017 $13,681 $737,100 $495,500 $241,600
2016 $12,062 $560,000 $307,700 $252,300
2015 $11,788 $560,000 $307,700 $252,300
2014 $11,290 $560,000 $307,700 $252,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24009609

New Jersey MLS

APN: 12-00606-0000-00007