NOT LISTED FOR SALE

7 Clearwater Rd Budd Lake, NJ 07828

Estimated Value: $362,000 - $558,864

4 Beds
1 Bath
1,296 Sq Ft
$355/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $215,000 $166 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,126/month

10 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Main Floor Bedroom
  • Mount Olive High School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of February 2021

Endless Possibilities! Large 4-bedroom Cape on a level lot with a 1-car garage, 12 X12 deck, fenced yard and public utilities. This home features a large kitchen with breakfast bar which opens to the dining room and deck overlooking a private yard which is perfect for entertaining. Four bedrooms and a full basement. So much potential to make this your dream home. Bring your contractor as the potential is great and the property is located in Beautiful Budd Lake which features boating and beach activities. Conveniently located just minutes to major highways, shopping.

Last Agent to Sell the Property

James Johnston

COLDWELL BANKER REALTY Listed on: 11/30/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Steven Caputi

VRI HOMES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,224

Year Built

  • Built in 1953

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Aluminum Siding
  • Tile

Interior Spaces

  • 1,296 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Breakfast Bar

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck

Schools

  • Sandshore Elementary School
  • Mt.Olive Middle School
  • Mt.Olive High School

Utilities

  • Radiator
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2327-02503-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,224

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1953
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 7
  • Directions: Rt. 46 to Smithtown Rd., R on Sandshore, R on Clearwater
  • I D: 4872831
  • Modified: 2022-02-13
  • Number Images: 25
  • First Name: JAMES
  • First Name3: STEVEN
  • Last Name: JOHNSTON
  • Last Name3: CAPUTI
  • Office Phone: 289980
  • Office Phone3: 732-264-9593
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Vinyl-Linoleum, Wood
  • Interior Amenities: Skylight, TubShowr
  • Number Rooms: 7
  • Bedrooms: 4
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Basement Level Rooms: Laundry Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Kitchen Area: Breakfast Bar, Separate Dining Area
  • Kitchen Dim: 13x9
  • Kitchen Level: First
  • Living Room Dim: 13x12
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Dim: 8x6
  • Other Room1 Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Dining Room, Kitchen, Living Room
  • Level 2 Rooms: 2 Bedrooms
  • Estimated Sq Ft: 1296
  • Phone: 908-879-4900

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: Ceiling Fan
  • Heating: Baseboard - Hotwater, Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Public Water

Schools

  • Elementary School: Sandshore
  • Middle School: MT.Olive MS
  • High School: MT.Olive HS
  • High School: MT.Olive HS
  • Middle Jr High School: MT.Olive MS

Lot Info

  • Lot Size: 102X100
  • Assessed Improvement Value: 112700
  • Assessed Land Value: 112700
  • Assessment: 225400
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.23

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7224
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2327-02503-0000-00003-0000-
  • Tax Rate Amount: 3.205
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Sandshore

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2020
Closed on
Jan 15, 2021
Sold by
Fannie Mae
Bought by
Ibrahim Ramy
Seller's Agent
James Johnston
COLDWELL BANKER REALTY
Buyer's Agent
Steven Caputi
VRI HOMES
List Price
$199,900
Sold Price
$215,000
Premium/Discount to List
$15,100
7.55%
Current Estimated Value
$460,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,466
Avg. Annual Appreciation
17.02%
Original Mortgage
$312,994
Outstanding Balance
$280,577
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$158,352

Purchase Details

Closed on
Jul 9, 2014
Sold by
Salisbury Dean and Salisbury Deborah
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 4, 2013
Sold by
Salisbury Dean and Salisbury Deborah
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 25, 2001
Sold by
Gordon Craig
Bought by
Salisbury Den and Salisbury Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
7.15%
Mortgage Type
VA

Purchase Details

Closed on
Jan 28, 2000
Sold by
Mckim David and Mckim Diana
Bought by
Va
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
Ibrahim Ramy $215,500 Acres Land Title Agency Inc
Ibrahim Ramy $215,500 New Title Company Name
Federal National Mortgage Association $284,475 None Available
Federal National Mortgage Association $284,475 None Available
Salisbury Den $140,000 --
Va -- Stewart Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ibrahim Ramy $312,994
Closed Ibrahim Ramy $312,994
Previous Owner Salisbury Dean Vincent $254,000
Previous Owner Salisbury Dean Vincent $236,250
Previous Owner Salisbury Dean Vincent $202,000
Previous Owner Salisbury Den $142,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $215,000 +7.6% $166 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $199,900 -- $154 / 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
2024 $7,409 $277,300 $112,700 $164,600
2023 $7,409 $225,400 $112,700 $112,700
2022 $7,569 $225,400 $112,700 $112,700
2021 $7,569 $225,400 $112,700 $112,700
2020 $7,468 $225,400 $112,700 $112,700
2019 $7,443 $225,400 $112,700 $112,700
2018 $7,371 $225,400 $112,700 $112,700
2017 $7,242 $225,400 $112,700 $112,700
2016 $7,012 $225,400 $112,700 $112,700
2015 $7,177 $225,400 $112,700 $112,700
2014 $7,184 $225,400 $112,700 $112,700
Source: Public Records

Agents Affiliated with this Home

  • James Johnston

    Seller's Agent in 2021

    James Johnston

    COLDWELL BANKER REALTY

    (908) 879-4900

    2 in this area

    33 Total Sales

    James Johnston
    Section Image
  • Steven Caputi

    Buyer's Agent in 2021

    Steven Caputi

    VRI HOMES

    (732) 264-9511

    1 in this area

    69 Total Sales

    Steven Caputi
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3680948

Garden State MLS

APN: 27-02503-0000-00003

New Jersey Morris County Budd Lake 07828

7 Clearwater Rd, Budd Lake, NJ

This home is located at 7 Clearwater Rd, Budd Lake, NJ 07828 since 30 November 2020 and is currently estimated at $460,466, approximately $355 per square foot. This property was built in 1953. 7 Clearwater Rd is a home located in Morris County with nearby schools including Mt Olive Middle School and Mount Olive High School.

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