$1,910,000
SOLD MAY 8, 2025

86 Elm St Millburn, NJ 07041

5 Beds
4 Baths
1,998 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$956 Per Sq Ft

20% Above List Price

9 Days on Market

About This Home

As of May 2025

This home is located at 86 Elm St, Millburn, NJ 07041 and is currently priced at $1,910,000, approximately $955 per square foot. This property was built in 1924. 86 Elm St 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

DEBBIE A RYBKA

COLDWELL BANKER REALTY Brokerage Phone: 973-376-5200 Listed on: 03/18/2025

Last Buyer's Agent

KELLY JU

REALMART REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,498

Year Built

  • Built in 1924

Lot Details

  • 10,019 Sq Ft Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,498

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Year Built: 1924
  • County Name: Essex
  • Street Number Display: 86
  • I D: 5334768
  • Modified: 2025-05-08
  • Number Images: 0
  • Attribution Contact: 973-376-5200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 50X200
  • Total Acres: 0.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
Apr 25, 2025
Sold by
Mahon Sean G and Mahon Phyllis M
Bought by
Wan Chao and Wang Yanqian
Seller's Agent
DEBBIE A RYBKA
COLDWELL BANKER REALTY
Buyer's Agent
KELLY JU
REALMART REALTY
List Price
$1,595,000
Sold Price
$1,910,000
Premium/Discount to List
$315,000
19.75%
Views
7
Current Estimated Value
$1,836,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,366
Avg. Annual Appreciation
-10.59%
Original Mortgage
$1,000,000
Outstanding Balance
$995,698
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$840,936

Purchase Details

Closed on
Nov 2, 1998
Sold by
Connolly Norbert
Bought by
Mahon Sean and Mahon Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.74%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Bargain Sale Deed $1,910,000 Acres Land Title
Deed $335,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Previous Owner $700,000 Credit Line Revolving
Previous Owner $165,000 New Conventional
Previous Owner $165,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $549,000 New Conventional
Previous Owner $69,400 Credit Line Revolving
Previous Owner $570,000 New Conventional
Previous Owner $424,000 Credit Line Revolving
Previous Owner $350,000 Credit Line Revolving
Previous Owner $268,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 Sold $1,910,000 +19.7% $956 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $1,595,000 -- $798 / 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 $18,498 $950,200 $490,300 $459,900
2024 $18,498 $950,200 $490,300 $459,900
2022 $18,375 $945,700 $490,300 $455,400
2021 $18,328 $945,700 $490,300 $455,400
2020 $18,214 $945,700 $490,300 $455,400
2019 $18,252 $945,700 $490,300 $455,400
2018 $17,987 $945,700 $490,300 $455,400
2017 $17,552 $945,700 $490,300 $455,400
2016 $17,038 $791,000 $342,300 $448,700
2015 $16,651 $791,000 $342,300 $448,700
2014 $15,947 $791,000 $342,300 $448,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    DEBBIE A RYBKA

    COLDWELL BANKER REALTY

  • K

    Buyer's Agent in 2025

    KELLY JU

    REALMART REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3951497

Garden State MLS

APN: 12-00203-0000-00014

New Jersey Essex County Millburn 07041

86 Elm St, Millburn, NJ

This home is located at 86 Elm St, Millburn, NJ 07041 and is currently priced at $1,910,000, approximately $955 per square foot. This property was built in 1924. 86 Elm St is a home located in Essex County with nearby schools including Wyoming Elementary School, Millburn Middle School, and Millburn High School.

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