NOT LISTED FOR SALE

81 Rector St Millburn, NJ 07041

Estimated Value: $1,376,000 - $1,784,814

5 Beds
5 Baths
768 Sq Ft
$2,049/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $1,260,000 $1,641 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $10,709/month

32 Days on Market

Highlights

  • Custom Home
  • Deck
  • Wood Flooring
  • Wyoming Elementary School Rated A+
  • Recreation Room
  • Mud Room

About This Home

As of March 2021

MODERN MASTERPIECE in the heart of Downtown Millburn. Close to parks, shops, schools, AND commute. Looking for convenience and space? Your 2021 home match has arrived. Equipped w/ 5 bedrooms, Flex Office Space, and 5 full baths, first floor open concept for interactive dining or unwinding, fresh and modern finishes, & ample outdoor space for all to enjoy. Chef's gourmet custom kitchen with Bertazzoni appliances, waterfall center island overlooks the dining area adjoined by living space & opens to a covered patio for grilling. Office/Bedroom complete the first level. Master suite w/ walk-in closet & oversized shower & two bedrooms w/ balconies share a hall bath. 3rd level w/ en-suite bedrm, laundry rm, & roof top terrace w/ gas connection. Basement rec room, full bath & mudroom

Last Agent to Sell the Property

AMY BURAKOVSKY

KELLER WILLIAMS REALTY Listed on: 01/04/2021

Last Buyer's Agent

AMY BURAKOVSKY

KELLER WILLIAMS REALTY Listed on: 01/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,782

Year Built

  • Built in 2021

Lot Details

  • 37 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Private Driveway
  • Additional Parking
  • Off-Street Parking

Home Design

  • Custom Home
  • Siding
  • Composite Building Materials
  • Tile

Interior Spaces

  • Mud Room
  • Family Room with entrance to outdoor space
  • Home Office
  • Recreation Room
  • Utility Room
  • Laundry Room
  • Finished Basement
  • Garage Access
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 5 Full Bathrooms
  • Separate Shower

Outdoor Features

  • Deck
  • Patio

Schools

  • Wyoming Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1612-01103-0000-00017-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,782

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 2021
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 81
  • Directions: Millburn Ave to Blaine St to Rector St
  • I D: 5039899
  • Modified: 2022-03-12
  • Number Images: 24
  • Section Subdiv Development: Washington
  • First Name: AMY
  • First Name3: AMY
  • Last Name: BURAKOVSKY
  • Last Name3: BURAKOVSKY
  • Office Phone: 973.886.5432
  • Office Phone3: 973.886.5432
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Stone, Tile, Wood
  • Appliances: Dishwasher, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector, Walk-In Closet
  • Number Rooms: 8
  • Bedrooms: 5
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Bath(s) Other, GarEnter, MudRoom, Rec Room, Utility Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 16x11
  • Kitchen Level: First
  • Other Room 1: Bedroom/Office
  • Other Room1 Dim: 12x11
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Dim: 16x11
  • Other Room2 Level: Basement
  • Other Room 3: Rec Room
  • Level 1 Rooms: Bath(s) Other, Kitchen, LivDinRm, Office, OutEntrn
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other, Laundry Room, SeeRem
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Composition Siding
  • Exterior Features: Deck, Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Additional Parking, Driveway-Exclusive, Off-Street Parking

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: WYOMING
  • Middle School: MILLBURN
  • High School: MILLBURN
  • High School: MILLBURN
  • Middle Jr High School: MILLBURN

Lot Info

  • Lot Size: 37.5X112
  • Easement: Unknown
  • Lot Identifier: 17
  • Lot I D Tax: *

Tax Info

  • Streetname Tax: *
  • Street Number Tax: *
  • Assessor Parcel Number: 1612-01103-0000-00017-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.930
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year: 2020

MLS Schools

  • Grade School: WYOMING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Mar 9, 2021
Sold by
81 Rector Street Llc
Bought by
Floyd Charles and Rescigno Kimberly
Seller's Agent
AMY BURAKOVSKY
KELLER WILLIAMS REALTY
Buyer's Agent
AMY BURAKOVSKY
KELLER WILLIAMS REALTY
List Price
$1,349,000
Sold Price
$1,260,000
Premium/Discount to List
-$89,000
-6.6%
Current Estimated Value
$1,609,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,206
Avg. Annual Appreciation
5.17%
Original Mortgage
$1,008,000
Outstanding Balance
$910,628
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$662,826

Purchase Details

Listed on
Jan 12, 2020
Closed on
Mar 9, 2020
Sold by
Nagim Saiyd
Bought by
81 Rectorstreet Llc
Seller's Agent
SAEEDNASIM NAGIM
WEICHERT REALTORS
Buyer's Agent
SAEEDNASIM NAGIM
WEICHERT REALTORS
List Price
$479,000
Sold Price
$425,000
Premium/Discount to List
-$54,000
-11.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
248.74%
Original Mortgage
$680,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 13, 2018
Sold by
Santander Bank Na
Bought by
Nagim Saiyd

Purchase Details

Closed on
Nov 12, 1996
Sold by
Steinberg Vivian
Bought by
Cuozzo Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.36%

Purchase Details

Closed on
Nov 2, 1993
Sold by
Pepe Anthony
Bought by
Steinberg Vivian

Purchase Details

Closed on
May 20, 1993
Sold by
Pepe Matilda and Pepe Anthony
Bought by
Steinberg Vivian M
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
Floyd Charles $1,260,000 Simplicity Title Llc
81 Rectorstreet Llc $425,000 Acres Land Title Agency Inc
Nagim Saiyd $391,000 --
Cuozzo Michael $150,000 --
Steinberg Vivian $110,000 --
Steinberg Vivian M $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Floyd Charles $1,008,000
Previous Owner 81 Rectorstreet Llc $680,000
Previous Owner Cuozzo Michael $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2021 03/11/21 Sold $1,260,000 -3.0% $1,641 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/27/2021 01/27/21 Price Changed $1,299,000 -3.7% $1,691 / Sq Ft
01/04/2021 01/04/21 For Sale $1,349,000 +217.4% $1,757 / Sq Ft
04/27/2020 04/27/20 Sold $425,000 -11.3% $553 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
01/12/2020 01/12/20 For Sale $479,000 -- $624 / 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 $22,782 $1,164,700 $309,400 $855,300
2024 $22,782 $1,164,700 $309,400 $855,300
2022 $22,630 $1,164,700 $309,400 $855,300
2021 $9,535 $492,000 $309,400 $182,600
2020 $9,476 $492,000 $309,400 $182,600
2019 $9,496 $492,000 $309,400 $182,600
2018 $9,358 $492,000 $309,400 $182,600
2017 $9,132 $492,000 $309,400 $182,600
2016 $8,202 $380,800 $204,800 $176,000
2015 $8,016 $380,800 $204,800 $176,000
2014 $7,677 $380,800 $204,800 $176,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3685234

Garden State MLS

APN: 12-01103-0000-00017