NOT LISTED FOR SALE

61 Locust Ave Millburn, NJ 07041

Estimated Value: $1,312,000 - $1,390,000

4 Beds
3 Baths
2,130 Sq Ft
$627/Sq Ft Est. Value

About This Home

This home is located at 61 Locust Ave, Millburn, NJ 07041 and is currently estimated at $1,336,480, approximately $627 per square foot. 61 Locust Ave is a home located in Essex County with nearby schools including South Mountain School, Millburn Middle School, and Millburn High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2023
Sold by
Gurung Argun and Gurung Hita
Bought by
Wilson Christine and Guaraca Wilson
Current Estimated Value
$1,336,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$924,109
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$431,510

Purchase Details

Closed on
Apr 23, 2008
Sold by
Lyon Kathleen A and Berger Darrell E
Bought by
Gurung Arjun and Gurung Hita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
5.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 1997
Sold by
Falcone Salvatore
Bought by
Prochaska Hans and Prochaska Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
7.47%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Wilson Christine $1,030,000 Chicago Title
Gurung Arjun $710,000 First American Title Ins Co
Prochaska Hans $288,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Christine $950,000
Previous Owner Gurung Arjun $100,000
Previous Owner Gurun Arjun $544,500
Previous Owner Gurung Arjun $568,000
Previous Owner Gurung Arjun $568,000
Previous Owner Prochaska Hans $259,000
Source: Public Records

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 $15,396 $787,100 $493,800 $293,300
2024 $15,396 $787,100 $493,800 $293,300
2023 $15,266 $785,700 $493,800 $291,900
2022 $15,266 $785,700 $493,800 $291,900
2021 $15,227 $785,700 $493,800 $291,900
2020 $15,133 $785,700 $493,800 $291,900
2019 $15,164 $785,700 $493,800 $291,900
2018 $14,944 $785,700 $493,800 $291,900
2017 $14,583 $785,700 $493,800 $291,900
2016 $15,841 $735,400 $339,200 $396,200
2015 $15,480 $735,400 $339,200 $396,200
2014 $14,826 $735,400 $339,200 $396,200
Source: Public Records

Map

New Jersey Essex County Millburn 07041

61 Locust Ave, Millburn, NJ

This home is located at 61 Locust Ave, Millburn, NJ 07041 and is currently estimated at $1,336,480, approximately $627 per square foot. 61 Locust Ave is a home located in Essex County with nearby schools including South Mountain School, Millburn Middle School, and Millburn High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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