NOT LISTED FOR SALE

78 Locust Ave Millburn, NJ 07041

Estimated Value: $1,393,000 - $1,731,000

5 Beds
4.5 Baths
1,768 Sq Ft
$870/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $995,000 $563 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $9,901/month

24 Days on Market

Highlights

  • Multiple Fireplaces
  • En-Suite Primary Bedroom
  • Rectangular Lot
  • South Mountain School Rated A+
  • Central Air

About This Home

As of August 2022

This home is located at 78 Locust Ave, Millburn, NJ 07041 since 18 May 2022 and is currently estimated at $1,538,625, approximately $870 per square foot. 78 Locust Ave is a home located in Essex County with nearby schools including South Mountain School, Millburn Middle School, and Millburn High School.

Last Agent to Sell the Property

Didi Rosen

Keller Williams Suburban Realty Listed on: 05/18/2022

Keller Williams Suburban Realty

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,921

Lot Details

  • 2,704 Sq Ft Lot
  • 50 Ft Wide Lot
  • Rectangular Lot

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Multiple Fireplaces
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00011 / 00611

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,921

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 973-994-4884
  • MLS Status: Sold - Sold
  • Directions: MILLBURN AVE TO LOCUST AVE
  • Reso Fireplace Features: 2 Fireplaces
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Tudor
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: Yes

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Brick, Stucco

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Zoned

Lot Info

  • Lot Dimensions: 125
  • Lot Size Sq Ft: 2704.0

Tax Info

  • Tax Annual Amount: 17921.0
  • Tax Block: 00611
  • Tax Lot: 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jul 14, 2022
Sold by
Dauber and Jaime
Bought by
Fong Eddy and Chang Chia-Yu
Seller's Agent
Didi Rosen
Keller Williams Suburban Realty
Buyer's Agent
Outside Agent
Outside Office
List Price
$1,095,000
Sold Price
$995,000
Premium/Discount to List
-$100,000
-9.13%
Current Estimated Value
$1,538,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$543,625
Avg. Annual Appreciation
17.19%
Original Mortgage
$799,888
Outstanding Balance
$766,873
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$847,397

Purchase Details

Closed on
Dec 19, 2011
Sold by
Goldman Kenneth J
Bought by
Dauber Adam and Dauber Jaime

Purchase Details

Closed on
Jul 30, 2004
Sold by
Garfinkle B David
Bought by
Goldman Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
6.2%

Purchase Details

Closed on
Oct 14, 1992
Sold by
Geller Marc S
Bought by
Garfinkle Garfinkle B and Garfinkle Laurie J

Purchase Details

Closed on
Dec 1, 1989
Sold by
Levine Martin S and Levine Andrea G
Bought by
Geller Marc S
Source: Public Records

Range of Values:

Collateral Analytics

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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
Fong Eddy $999,888 Acres Land Title
Dauber Adam $650,000 First American Title Ins Co
Goldman Kenneth $715,000 --
Garfinkle Garfinkle B $272,500 --
Geller Marc S $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fong Eddy $799,888
Previous Owner Dauber Adam $359,000
Previous Owner Goldman Kenneth $572,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $995,000 0.0% $563 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
06/01/2022 06/01/22 Price Changed $995,000 -9.1% $563 / Sq Ft
05/18/2022 05/18/22 For Sale $1,095,000 -- $619 / Sq Ft
Source: New Jersey 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 $18,201 $930,500 $491,600 $438,900
2024 $18,201 $930,500 $491,600 $438,900
2022 $18,080 $930,500 $491,600 $438,900
2021 $18,033 $930,500 $491,600 $438,900
2020 $17,921 $930,500 $491,600 $438,900
2019 $16,424 $851,000 $491,600 $359,400
2018 $16,186 $851,000 $491,600 $359,400
2017 $15,795 $851,000 $491,600 $359,400
2016 $14,587 $677,200 $302,200 $375,000
2015 $14,255 $677,200 $302,200 $375,000
2014 $13,652 $677,200 $302,200 $375,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Didi Rosen

    Keller Williams Suburban Realty

    (973) 495-4801

    1 in this area

    27 Total Sales

    Didi Rosen
    Section Image

  • O

    Buyer's Agent in 2022

    Outside Agent

    Outside Office

See All Agents

Map

Source: New Jersey MLS

MLS Number: 22017806

New Jersey MLS

APN: 12-00611-0000-00011

New Jersey Essex County Millburn 07041

78 Locust Ave, Millburn, NJ

This home is located at 78 Locust Ave, Millburn, NJ 07041 since 18 May 2022 and is currently estimated at $1,538,625, approximately $870 per square foot. 78 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.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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