NOT LISTED FOR SALE

78 Elkwood Ave New Providence, NJ 07974

Estimated Value: $1,138,000 - $1,315,000

4 Beds
2.5 Baths
2,194 Sq Ft
$553/Sq Ft Est. Value

Last Sold April 27, 2020

Last sale price $760,000 $346 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $7,898/month

10 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Attic
  • New Providence High School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of April 2020

This spectacular home built in 1957 in the Salt Brook School area of NP, provides both the elegance of the period as well as the state-of-the-art amenities sought by the current owners. Professionally designed offering an inviting foyer, formal living room & dining room with French doors to a large deck.Custom cherry cabinetry kitchen with all the bells and whistles. Second floor has 3 brs. 2 full baths all updated. 3rd floor huge bedroom with lots of closets and storage. Ground level- new custom stairs to a large family room with Brazilian cherry floor, beverage area, powder room and exterior door to bluestone patio. Full finished basement with wood floor, laundry room and mechanical.

Last Agent to Sell the Property

Rosaleen Light-newby

BHHS FOX & ROACH Listed on: 02/14/2020

BHHS FOX & ROACH

Last Buyer's Agent

Victoria Leu

WEICHERT REALTORS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,290

Year Built

  • Built in 1957

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Stone Siding
  • Vinyl Siding
  • Tile

Interior Spaces

  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Utility Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Schools

  • Salt Brook Elementary School
  • New Provms Middle School
  • New Provhs High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2911-00100-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,290

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Style: Split Level
  • Primary Style: Split Level
  • Subproperty Type: Single Family
  • Year Built: 1957
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: Basketball hoop and swing set
  • Renovated Year: 2013
  • Street Number Display: 78
  • Directions: Pine Way to right onto Elkwood Avenue. House on the right side of the street.
  • I D: 4961655
  • Modified: 2021-09-23
  • Number Images: 24
  • First Name: ROSALEEN
  • First Name3: LIH-FENG
  • Last Name: LIGHT-NEWBY
  • Last Name3: LEU
  • Office Phone: 908-510-0861
  • Office Phone3: 973-994-4884
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2013

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Fire Alarm Sys, Fire Extinguisher, Smoke Detector, StallShw, StallTub, Walk-In Closet
  • Number Rooms: 8
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Laundry Room, Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: Ground
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 12x14
  • Kitchen Level: First
  • Living Room Dim: 20x14
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 24x18
  • Other Room1 Level: Basement
  • Other Room 2: Rec Room
  • Other Room2 Dim: 15x11
  • Other Room2 Level: Basement
  • Other Room 3: Attic
  • Level 1 Rooms: Dining Room, Foyer, Kitchen, Living Room, Walkout
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Attic
  • Ground Level Rooms: Family Room, Powder Room, Walkout
  • Phone: 908-273-0400

Exterior Features

  • Exterior Description: Stone, Vinyl Siding
  • Exterior Features: Curbs, Deck, Patio, Storage Shed, Storm Door(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: 1 Unit, Central Air, House Exhaust 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: Salt Brook
  • Middle School: New ProvMS
  • High School: New ProvHS
  • High School: New ProvHS
  • Middle Jr High School: New ProvMS

Lot Info

  • Lot Size: .344 AC
  • Assessed Improvement Value: 178700
  • Assessed Land Value: 155800
  • Assessment: 334500
  • Easement: Unknown
  • Lot Description: Level Lot, Open Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.34

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16290
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2911-00100-0000-00003-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.870
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Salt Brook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Apr 23, 2020
Sold by
Sangillo Stephen M and Wiltsie Judyan
Bought by
Li Guocan and Wang Danni
Seller's Agent
Rosaleen Light-newby
BHHS FOX & ROACH
Buyer's Agent
Victoria Leu
WEICHERT REALTORS
List Price
$759,000
Sold Price
$760,000
Premium/Discount to List
$1,000
0.13%
Current Estimated Value
$1,212,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,335
Avg. Annual Appreciation
9.09%
Original Mortgage
$646,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2004
Sold by
Fraehmke Thomas
Bought by
Sangillo Stephen and Wiltsie Judyann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 20, 2002
Sold by
Heintz Freda
Bought by
Fraehmke Thomas and Fraehmke Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.03%
Source: Public Records

Range of Values:

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Average Value
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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
Li Guocan $760,000 Fidelity National Ttl Ins Co
Sangillo Stephen $630,000 --
Fraehmke Thomas $471,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Guocan $628,000
Closed Li Guoca $642,800
Closed Li Guocan $646,000
Previous Owner Sangillo Stephen M $465,000
Previous Owner Sangillo Stephen M $475,000
Previous Owner Sangillo Stephen M $63,000
Previous Owner Sangillo Stephen $504,000
Previous Owner Fraehmke Thomas $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2020 04/27/20 Sold $760,000 +0.1% $346 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $759,000 -- $346 / 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 $17,267 $334,500 $155,800 $178,700
2024 $16,748 $334,500 $155,800 $178,700
2023 $16,748 $334,500 $155,800 $178,700
2022 $16,518 $334,500 $155,800 $178,700
2021 $16,397 $334,500 $155,800 $178,700
2020 $16,391 $334,500 $155,800 $178,700
2019 $16,290 $334,500 $155,800 $178,700
2018 $16,207 $334,500 $155,800 $178,700
2017 $15,942 $334,500 $155,800 $178,700
2016 $15,718 $334,500 $155,800 $178,700
2015 $15,501 $334,500 $155,800 $178,700
2014 $15,267 $316,200 $155,800 $160,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3616549

Garden State MLS

APN: 11-00100-0000-00003