NOT LISTED FOR SALE

85 Gallowae Watchung, NJ 07069

Estimated Value: $2,222,049 - $2,534,000

5 Beds
7 Baths
9,000 Sq Ft
$263/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $1,400,000 $156 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $15,744/month

48 Days on Market

Highlights

  • Home Theater
  • Sitting Area In Primary Bedroom
  • Family Room with Fireplace
  • Bayberry Elementary School Rated A-
  • Custom Home
  • Wooded Lot

About This Home

As of July 2018

Absolutely exquisite and like-new maintained gorgeous Beer & Coleman designed estate set at the end of a cul-de-sac in the luxurious Bumheade Estates! Expect the finest posh millwork throughout, 10ft ceilings, gourmet kitchen with artisan cherry cabinetry, Viking oven, Subzero refrigerator, 3 wet bars, large formal dining room with Victorian style tray ceiling, sunlit family room with fireplace, living room with coffer ceilings and fireplace, cherry office with fireplace, master bedroom with see-through fireplace, sitting room, large walk-in closets, jetted tub and steam shower, water closet with bidet, mirrored exercise room, media room with all equipment included, fully featured custom bar, billiard room & more, heated garage, backup generator & no expense spared luxury throughout - priced to sell!

Last Agent to Sell the Property

BRUCE YEAGER

KL SOTHEBY'S INT'L. REALTY Listed on: 05/16/2018

Last Buyer's Agent

RYAN MCGURL

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,536

Lot Details

  • 0.97 Acre Lot
  • Fenced
  • Sprinkler System
  • Wooded Lot

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Paver Block

Home Design

  • Custom Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Shingle Roof

Interior Spaces

  • 9,000 Sq Ft Home
  • Wet Bar
  • Sound System
  • High Ceiling
  • Skylights
  • Gas Fireplace
  • Shades
  • Drapes & Rods
  • Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Game Room
  • Storage Room
  • Utility Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Recirculated Exhaust Fan
  • <<microwave>>
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Instant Hot Water

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Bidet
  • Jetted Tub in Primary Bathroom
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio

Schools

  • Bayberry Elementary School
  • Vally View Middle School
  • Watchung High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2721-04402-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,536

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built Description: Approximate
  • County Name: Somerset
  • Possible Other Uses: Home-Office
  • Street Number Display: 85
  • Directions: Valley to Knightsbridge to Gallowae to end of Cul-de-sac!
  • I D: 4804473
  • Modified: 2021-09-23
  • Number Images: 20
  • Section Subdiv Development: Knightsbridge
  • First Name: BRUCE
  • First Name3: RYAN
  • Last Name: YEAGER
  • Last Name3: MCGURL
  • Office Phone: 908.696.8600
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Bedroom 1, Gas Fireplace, Family Room, Living Room
  • Number of Fireplaces: 4
  • Appliances: Central Vacuum, Generator-Built-In, OvnWElec, Refrigerator, CookGas, Washer, Instant Hot Water, Dishwasher, Water Softener-Own, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump, WineRefr
  • Interior Amenities: Cedar Closets, Bar-Wet, Drapes, JacuzTyp, Walk-In Closet, Security System, Fire Extinguisher, Shades, Window Treatments, High Ceilings, Skylight, Stereo System
  • Number Rooms: 17
  • Bedrooms: 5
  • Master Bedroom Desc: Fireplace, Sitting Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Bidet, Jetted Tub, Steam
  • Bathrooms: 5.20
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Utility Room, Office, GameRoom, Den, Storage Room, Exercise Room, Bath(s) Other, Media Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: Basement
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 2, Full Bath
  • Kitchen Area: Breakfast Bar, Center Island, Separate Dining Area
  • Kitchen Dim: 31x17
  • Kitchen Level: First
  • Living Room Dim: 23x24
  • Living Room Level: First
  • Other Room 1: Breakfast
  • Other Room1 Dim: 17x14
  • Other Room1 Level: First
  • Other Room 2: Sunroom
  • Other Room2 Dim: 17x11
  • Other Room 3: Office
  • Other Room3 Dim: 14x13
  • Other Room3 Level: First
  • Other Room 4: Media Room
  • Other Room4 Dim: 14x16
  • Other Room4 Level: Basement
  • Level 1 Rooms: Breakfast Room, Foyer, Office, GarEnter, Living Room, Dining Room, Powder Room, Bath(s) Other, Family Room, Kitchen
  • Level 2 Rooms: Laundry Room, 4 Or More Bedrooms, Bath(s) Other
  • Estimated Sq Ft: 9000
  • Phone: 908-766-0085

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Underground Lawn Sprinkler, Patio, Metal Fence
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Finished Garage, Garage Door Opener, Built-In Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: 1 Car Width, Paver Block

Utilities

  • Cooling: Multi-Zone Cooling, 4 Units
  • Fuel Type: Gas-Natural
  • Heating: 4 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: BAYBERRY
  • Middle School: VALLY VIEW
  • High School: WATCHUNG
  • High School: WATCHUNG
  • Middle Jr High School: VALLY VIEW

Lot Info

  • Lot Size: 0.97
  • Assessment: 1543800
  • Easement: Unknown
  • Lot Description: Wooded Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.97

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 30536
  • Assessor Parcel Number: 2721-04402-0000-00003-0000-
  • Tax Rate Amount: 1.979
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year: 2018

MLS Schools

  • Grade School: BAYBERRY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Jul 23, 2018
Sold by
Jain Shailendra and Jain Mary C
Bought by
Hu Jie
Seller's Agent
BRUCE YEAGER
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
RYAN MCGURL
PROMINENT PROPERTIES SIR
List Price
$1,549,000
Sold Price
$1,400,000
Premium/Discount to List
-$149,000
-9.62%
Current Estimated Value
$2,364,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$964,350
Avg. Annual Appreciation
7.17%

Purchase Details

Closed on
Jun 21, 2002
Sold by
A & A Properties
Bought by
Jain Shailendra and Jain Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.92%

Purchase Details

Closed on
Jul 6, 1995
Sold by
Burnheade Assoc
Bought by
Caram Joe and Caram Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.84%
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
Hu Jie $1,400,000 First American Title
Jain Shailendra $1,700,000 --
Caram Joe $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jain Shailendra $1,000,000
Previous Owner Caram Joe $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $1,400,000 -9.6% $156 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $1,549,000 -- $172 / 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 $32,234 $1,613,300 $531,800 $1,081,500
2023 $31,086 $1,523,100 $497,000 $1,026,100
2022 $30,481 $1,450,800 $459,700 $991,100
2021 $29,243 $1,398,400 $442,000 $956,400
2020 $29,464 $1,384,600 $442,000 $942,600
2019 $29,243 $1,409,300 $442,000 $967,300
2018 $33,080 $1,661,500 $484,600 $1,176,900
2017 $34,767 $1,756,800 $510,000 $1,246,800
2016 $36,812 $1,760,500 $510,000 $1,250,500
2015 $32,119 $1,516,500 $485,700 $1,030,800
2014 $31,219 $1,490,900 $480,900 $1,010,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3470895

Garden State MLS

APN: 21-04402-0000-00003