NOT LISTED FOR SALE

74 River Farm Ln Far Hills, NJ 07931

Estimated Value: $1,976,728 - $2,151,000

3 Beds
4 Baths
3,642 Sq Ft
$570/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $2,100,000 $577 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $13,851/month

40 Days on Market

About This Home

As of October 2024

This home is located at 74 River Farm Ln, Far Hills, NJ 07931 since 12 August 2024 and is currently estimated at $2,074,432, approximately $569 per square foot. This property was built in 2018. 74 River Farm Ln is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Liane Dobson

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 973-543-3500 Listed on: 08/12/2024

Last Buyer's Agent

SUSAN MILLER

TURPIN REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,062

Year Built

  • Built in 2018

Lot Details

  • 3.32 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,062

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Year Built: 2018
  • County Name: Somerset
  • Street Number Display: 74
  • I D: 5304466
  • Modified: 2024-10-18
  • Number Images: 1
  • Attribution Contact: 973-543-3500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 3.323AC
  • Total Acres: 3.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Oct 16, 2024
Sold by
Brum John G and Brum Lynne M
Bought by
Aimetti William and Aimetti Darlene
Seller's Agent
Liane Dobson
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
SUSAN MILLER
TURPIN REAL ESTATE, INC.
List Price
$2,195,000
Sold Price
$2,100,000
Premium/Discount to List
-$95,000
-4.33%
Views
23
Current Estimated Value
$2,074,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,568
Avg. Annual Appreciation
-3.00%

Purchase Details

Listed on
Jun 7, 2016
Closed on
May 7, 2018
Sold by
Ecologiacal Solutions Fr Mine Brook
Bought by
Brum John G and Brum Lynne
Seller's Agent
Molly Tonero
TURPIN REAL ESTATE, INC.
Buyer's Agent
Molly Tonero
TURPIN REAL ESTATE, INC.
List Price
$1,399,000
Sold Price
$1,399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$800,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Aimetti William $2,100,000 First American Title
Aimetti William $2,100,000 First American Title
Brum John G $1,399,000 First Legacy Group Title & A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brum John G $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $2,100,000 -4.3% $577 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $2,195,000 +56.9% $603 / Sq Ft
05/02/2018 05/02/18 Sold $1,399,000 0.0% $384 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $1,399,000 -- $384 / 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 $28,062 $1,577,400 $516,900 $1,060,500
2023 $28,043 $1,486,900 $516,900 $970,000
2022 $26,984 $1,341,800 $516,900 $824,900
2021 $29,299 $1,388,600 $691,900 $696,700
2020 $28,223 $1,347,800 $691,900 $655,900
2019 $27,481 $1,351,100 $711,200 $639,900
2018 $16,640 $829,900 $729,900 $100,000
2017 $52 $2,600 $2,600 $0
2016 $51 $2,600 $2,600 $0
2015 $50 $2,600 $2,600 $0
2014 $50 $2,600 $2,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3918491

Garden State MLS

APN: 02-04701-0000-00002-03-Q0025