NOT LISTED FOR SALE

588 Rockaway Valley Rd Boonton, NJ 07005

Estimated Value: $258,000 - $423,845

3 Beds
1 Bath
1,084 Sq Ft
$308/Sq Ft Est. Value

Last Sold January 21, 2020

Last sale price $190,000 $175 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,230/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Forced Air Heating System
  • Rockaway Valley Elementary School Rated A-
  • Formal Dining Room
  • Family Room

About This Home

As of January 2020

CALLING ALL INVESTORS - BOONTON TOWNSHIP HOME WITH PUBLIC SEWER & PUBLIC WATER, LOW TAXES, GREAT SCHOOLS (RVS & Mountain Lakes HS), FENCED IN YARD. HOME BEING SOLD STRICTLY "AS-IS" Opportunity knocks! Come tap into the potential upside of this home. Easy access to downtown Denville & commuter options, located just a couple of minutes from Route 46 & Route 80. Quick closing possible! CASH, 203K or Construction Loans preferred. This home can be dressed up and made into a a great rental property. PRICED TO SELL! Home is NOT located in a flood zone!

Last Agent to Sell the Property

Keith Bochner

COLDWELL BANKER REALTY Listed on: 11/18/2019

COLDWELL BANKER REALTY

Last Buyer's Agent

Tracy Chan

C-21 CEDARCREST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,221

Year Built

  • Built in 1945

Lot Details

  • 8,712 Sq Ft Lot
  • Property fronts a private road
  • Wood Fence
  • Irregular Lot

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Wood Siding

Interior Spaces

  • Family Room
  • Formal Dining Room

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • 3 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Storage Shed

Schools

  • Rockawayvl Elementary And Middle School
  • Mountain Lakes High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Standard Electricity
  • Propane

Listing and Financial Details

  • Assessor Parcel Number 2302-41206-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,221

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Style: Cape Cod, Bungalow
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1945
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 588
  • Directions: From Denville-Diamond Spring turns into Rockaway Valley Rd to #588 - From Boonton Powerville Rd to Valley Rd to left on Rockaway Valley Rd to #588
  • I D: 4945851
  • Modified: 2021-09-23
  • Number Images: 21
  • Section Subdiv Development: NO FLOOD
  • First Name: KEITH
  • First Name3: TRACY YAW
  • Last Name: BOCHNER
  • Last Name3: CHAN
  • Office Phone: 973-263-0400
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven-Gas, Refrigerator, Dishwasher
  • Number Rooms: 7
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Galley Type
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: First
  • Level 2 Rooms: 2 Bedrooms
  • Ground Level Rooms: 1 Bedroom, Dining Room, LivDinRm, Bath Main, Family Room, Kitchen
  • Phone: 973-263-0400

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Storage Shed, Metal Fence, Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 3
  • Parking Driveway Description: Gravel, 2 Car Width, Driveway-Exclusive, Off-Street Parking

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: OilAbOut, GasPropO
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Propane, Electric
  • Water: Public Water

Schools

  • Elementary School: RockawayVL
  • Middle School: RockawayVL
  • High School: Mountain Lakes
  • High School: Mountain Lakes
  • Middle Jr High School: RockawayVL

Lot Info

  • Lot Size: .202 AC
  • Assessed Improvement Value: 62500
  • Assessed Land Value: 135900
  • Assessment: 198400
  • Easement: Unknown
  • Lot Description: Private Road, Irregular Lot
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.20

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4221
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2302-41206-0000-00004-0000-
  • Tax Rate Amount: 2.254
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: RockawayVL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Jan 13, 2020
Sold by
Carey Brian and Testament Of Eugene W Carey
Bought by
Guo Mincong and Peng Liqun
Seller's Agent
Keith Bochner
COLDWELL BANKER REALTY
Buyer's Agent
Tracy Chan
C-21 CEDARCREST REALTY
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%
Current Estimated Value
$333,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,961
Avg. Annual Appreciation
10.60%
Original Mortgage
$150,000
Outstanding Balance
$133,066
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$200,895
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
Guo Mincong $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guo Mincong $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2020 01/21/20 Sold $190,000 -5.0% $175 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
11/18/2019 11/18/19 For Sale $200,000 -- $185 / 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 $4,972 $198,400 $135,900 $62,500
2024 $4,914 $198,400 $135,900 $62,500
2023 $4,914 $198,400 $135,900 $62,500
2022 $4,712 $198,400 $135,900 $62,500
2021 $4,712 $198,400 $135,900 $62,500
2020 $4,656 $198,400 $135,900 $62,500
2019 $4,593 $198,400 $135,900 $62,500
2018 $4,472 $198,400 $135,900 $62,500
2017 $4,406 $198,400 $135,900 $62,500
2016 $4,349 $198,400 $135,900 $62,500
2015 $4,099 $198,400 $135,900 $62,500
2014 $4,025 $195,900 $135,900 $60,000
Source: Public Records

Agents Affiliated with this Home

  • Keith Bochner

    Seller's Agent in 2020

    Keith Bochner

    COLDWELL BANKER REALTY

    (973) 476-2089

    10 in this area

    48 Total Sales

    Keith Bochner
    Section Image
  • Tracy Chan

    Buyer's Agent in 2020

    Tracy Chan

    C-21 CEDARCREST REALTY

    (973) 476-8097

    106 Total Sales

    Tracy Chan
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3601623

Garden State MLS

APN: 02-41206-0000-00004

New Jersey Morris County Boonton 07005

588 Rockaway Valley Rd, Boonton, NJ

This home is located at 588 Rockaway Valley Rd, Boonton, NJ 07005 since 18 November 2019 and is currently estimated at $333,961, approximately $308 per square foot. This property was built in 1945. 588 Rockaway Valley Rd is a home located in Morris County with nearby schools including Rockaway Valley Elementary School and Our Lady of Mount Carmel School.

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