NOT LISTED FOR SALE

81 Mountain Ave Millburn, NJ 07041

Estimated Value: $2,561,000 - $3,172,000

7 Beds
5 Baths
1,951 Sq Ft
$1,446/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $2,525,000 $1,294 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $17,395/month

7 Days on Market

About This Home

As of May 2021

This home is located at 81 Mountain Ave, Millburn, NJ 07041 since 25 February 2021 and is currently estimated at $2,820,424, approximately $1,445 per square foot. This property was built in 2017. 81 Mountain Ave is a home located in Essex County with nearby schools including Wyoming Elementary School, Millburn Middle School, and Millburn High School.

Last Agent to Sell the Property

Saritte Harel

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 02/25/2021

KELLER WILLIAMS REALTY

Last Buyer's Agent

SUSAN ADLER

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 0.37 Acre Lot

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Year Built: 2017
  • County Name: Essex
  • I D: 5046034
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 90X180
  • Total Acres: 0.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2023
Sold by
Palmer Mary C and Palmer Christopher B
Bought by
Palmer Mary C
Current Estimated Value
$2,820,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Outstanding Balance
$768,721
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$2,051,703

Purchase Details

Listed on
Feb 25, 2021
Closed on
May 12, 2021
Sold by
Mu Lnkai and Li Ying
Bought by
Palmer Mary C and Palmer Christopher B
Seller's Agent
Saritte Harel
KELLER WILLIAMS REALTY
Buyer's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
List Price
$2,199,000
Sold Price
$2,525,000
Premium/Discount to List
$326,000
14.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Original Mortgage
$822,375
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2015
Closed on
Sep 29, 2015
Sold by
Shi Hongiong and Lu Jie
Bought by
Mu Inkai and Li Ying
Seller's Agent
MARIA SIAN-AFABLE
WEICHERT REALTORS
Buyer's Agent
Saritte Harel
KELLER WILLIAMS REALTY
Sold Price
$710,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.31%

Purchase Details

Closed on
May 21, 1999
Sold by
Wallman Richard
Bought by
Shi Hongiong and Shi Jie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,240
Interest Rate
7.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 1993
Sold by
Laniado Saul and Laniado Helen
Bought by
Wallman Richard and Wallman Ina
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Palmer Mary C -- None Listed On Document
Palmer Mary C $2,525,000 Acres Land Title Agency Inc
Mu Inkai $710,500 --
Shi Hongiong $417,800 --
Wallman Richard $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Mary C $790,000
Previous Owner Palmer Mary C $822,375
Previous Owner Shi Hongiong $334,240
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2021 05/14/21 Sold $2,525,000 +14.8% $1,294 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $2,199,000 +209.5% $1,127 / Sq Ft
10/02/2015 10/02/15 Sold $710,500 -- $364 / Sq Ft View Prior Sale
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 $33,518 $1,713,600 $511,200 $1,202,400
2024 $33,518 $1,713,600 $511,200 $1,202,400
Source: Public Records

Agents Affiliated with this Home

  • Saritte Harel

    Seller's Agent in 2021

    Saritte Harel

    KELLER WILLIAMS REALTY

    (973) 713-9464

    110 in this area

    349 Total Sales

    Saritte Harel
    Section Image

  • S

    Buyer's Agent in 2021

    SUSAN ADLER

    KELLER WILLIAMS REALTY

  • M

    Seller's Agent in 2015

    MARIA SIAN-AFABLE

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3694060

Garden State MLS

APN: 12-00104-0000-00006

New Jersey Essex County Millburn 07041

81 Mountain Ave, Millburn, NJ

Not Listed for Sale

Detached

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