$590,000
SOLD NOV 1, 2019

716 Cornelia St Boonton, NJ 07005

4 Beds
4 Baths
3,748 Sq Ft
1.1 Acres

Recently Sold

$157 Per Sq Ft

13% Below List Price

77 Days on Market

Highlights

  • Greenhouse
  • 1.1 Acre Lot
  • Deck
  • School Street Elementary School Rated A-
  • Colonial Architecture
  • Recreation Room

About This Home

As of November 2019

Tax Assessment reduced by more than $90k to $596k for 2020. Relocation Special. Stunning 4 Bed, 4 Bath, 3,748 sqft in the Town of Boonton on 1+ acre of landscaped property. Entertainer's dream with elegant foyer & open floor plan & big kitchen. Sun room off large deck with upgraded grill. Attached 2 car garage and large finished space with an independent patio entrance. 1st Floor suite for with large bedroom, full bath and study. Luxurious 2nd Floor master suite & two additional bedrooms. Finished basement with full bathroom, perfect for exercise and theater with access to the garage. Many high value recent upgrades. Close to NYC Train, buses and Boonton downtown. A must see!

Last Agent to Sell the Property

SYLVIA WEI LIN

ELITE REALTORS OF NEW JERSEY Listed on: 06/18/2019

Last Buyer's Agent

SYLVIA WEI LIN

ELITE REALTORS OF NEW JERSEY Listed on: 06/18/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,247

Year Built

  • Built in 1992

Lot Details

  • 1.1 Acre Lot
  • Level Lot
  • Property is zoned Resinential

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Private Driveway
  • Additional Parking
  • Parking Lot

Home Design

  • Colonial Architecture
  • Wood Siding
  • Stone Siding
  • Clapboard
  • Tile

Interior Spaces

  • 3,748 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Thermal Windows
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Greenhouse

Schools

  • John Hill Elementary And Middle School
  • Boonton High School

Utilities

  • Zoned Heating and Cooling
  • One Cooling System Mounted To A Wall/Window
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2301-00062-0000-00008-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,247

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1992
  • Year Built Description: Approximate
  • County Name: Morris
  • Possible Other Uses: Home-Office, Professional Use
  • Street Number Display: 716
  • Directions: Main St to Boonton Ave to Wootton to Cornelia or Wootton to Cornelia
  • I D: 4907229
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Hill Section
  • First Name: SYLVIA WEI
  • First Name3: SYLVIA WEI
  • Last Name: LIN
  • Last Name3: LIN
  • Office Phone: 201-981-8140
  • Office Phone3: 201-981-8140
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Washer, Dishwasher, Dryer
  • Interior Amenities: Walk-In Closet, Fire Extinguisher, Carbon Monoxide Detector, Skylight, Smoke Detector
  • Number Rooms: 11
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Primary Bathroom Features: Soaking Tub
  • Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Description: Walkout, Finished, Full
  • Basement Level Rooms: Utility Room, Walkout, Storage Room, Bath(s) Other, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 25x15
  • Kitchen Level: First
  • Living Room Dim: 25x14
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 16x12
  • Other Room1 Level: First
  • Other Room 2: Laundry Room
  • Other Room2 Dim: 10x5
  • Other Room2 Level: Second
  • Level 1 Rooms: 1 Bedroom, Living Room, Dining Room, Entrance Vestibule, Bath(s) Other, Family Room, Kitchen
  • Level 2 Rooms: Laundry Room, 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 3748
  • Phone: 973-994-9009

Exterior Features

  • Exterior Description: Stone, Clapboard, Wood
  • Exterior Features: Barbeque, Deck, Greenhouse Type Room, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 8
  • Parking Driveway Description: Parking Lot-Exclusive, Additional Parking, Driveway-Exclusive

Utilities

  • Cooling: 1 Unit, Multi-Zone Cooling, Ceiling Fan
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: John Hill
  • Middle School: John Hill
  • High School: Boonton
  • High School: Boonton
  • Middle Jr High School: John Hill

Lot Info

  • Lot Size: 1.10 ACRE
  • Assessed Improvement Value: 470000
  • Assessed Land Value: 216600
  • Assessment: 686600
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 8
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.10
  • Zoning: Resinential

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: 20247
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2301-00062-0000-00008-0000-
  • Tax Rate Amount: 2.949
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: John Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2019
Closed on
Oct 16, 2019
Sold by
Morrison Joseph W and Niu Shufang
Bought by
Wu Tianyi and Luo Errou
Seller's Agent
SYLVIA WEI LIN
ELITE REALTORS OF NEW JERSEY
Buyer's Agent
SYLVIA WEI LIN
ELITE REALTORS OF NEW JERSEY
List Price
$680,000
Sold Price
$590,000
Premium/Discount to List
-$90,000
-13.24%
Total Days on Market
77
Current Estimated Value
$888,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,156
Avg. Annual Appreciation
7.36%
Original Mortgage
$413,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2017
Sold by
Morrison Joseph W
Bought by
Morrison Joseph W and Niu Shufang

Purchase Details

Listed on
Nov 12, 2015
Closed on
Jun 20, 2016
Sold by
Cosentino Joseph and Cosentino Maureen
Bought by
Morrison Joseph W
Buyer's Agent
SYLVIA WEI LIN
ELITE REALTORS OF NEW JERSEY
List Price
$669,900
Sold Price
$645,000
Premium/Discount to List
-$24,900
-3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $590,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $645,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Closed $407,000 New Conventional
Closed $410,700 New Conventional
Closed $411,000 New Conventional
Previous Owner $413,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $231,000 Adjustable Rate Mortgage/ARM
Previous Owner $60,000 Unknown
Previous Owner $160,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $590,000 -13.2% $157 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $680,000 +5.4% $181 / Sq Ft
07/18/2016 07/18/16 Sold $645,000 -3.7% $172 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
11/12/2015 11/12/15 For Sale $669,900 -- $179 / 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 $19,614 $596,000 $216,600 $379,400
2023 $19,614 $596,000 $216,600 $379,400
2022 $18,578 $596,000 $216,600 $379,400
2021 $18,578 $596,000 $216,600 $379,400
2020 $17,820 $596,000 $216,600 $379,400
2019 $20,797 $686,600 $216,600 $470,000
2018 $20,248 $686,600 $216,600 $470,000
2017 $19,403 $686,600 $216,600 $470,000
2016 $18,895 $686,600 $216,600 $470,000
2015 $18,586 $686,600 $216,600 $470,000
2014 $18,174 $686,600 $216,600 $470,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3566373

Garden State MLS

APN: 01-00062-0000-00008