NOT LISTED FOR SALE

87 Chestnut St Millburn, NJ 07041

Estimated Value: $1,463,000 - $1,678,000

4 Beds
3 Baths
2,892 Sq Ft
$549/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $875,000 $303 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $9,654/month

66 Days on Market

Highlights

  • Skyline View
  • Living Room with Fireplace
  • Victorian Architecture
  • Wyoming Elementary School Rated A+
  • Wood Flooring
  • High Ceiling

About This Home

As of October 2018

Amazing location, huge private property! Lovely 4 bd Victorian w/ many period architectural features on .43 acre quiet, private property 1 block to So Mtn Res on a coveted block in Wyoming. Steps to Midtown Dir NYC train, Elem School & downtown. Classic 11 room, 3 full Bath residence boasting a tremendous family room add, in-law suite, full bath & laundry rm on 1st flr. Double master bedrm suite with bathrm w/Jacuzzi + 2 add.bdrms & bath on 2nd flr, Full-size Bonus Rm on 3rd flr. 2 car det garage. 4 charming fiplcs (as is), chestnut trim, carved mantles, charming details, high ceilings & large windows overlooking deep, tranquil, lush gardens. NEW 2-zone high velocity CAC & furnace'17. Freshly painted inside & out, idyllic front porch, classic authentic front door. 2892 sf. An oasis, yet close to everything!

Last Agent to Sell the Property

Stephanie Mallios

COMPASS NEW JERSEY, LLC Listed on: 06/05/2018

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

Stephanie Mallios

COMPASS NEW JERSEY, LLC Listed on: 06/05/2018

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,655

Lot Details

  • 0.43

Parking

  • 2 Car Detached Garage

Property Views

  • Skyline
  • Mountain

Home Design

  • Victorian Architecture
  • Clapboard

Interior Spaces

  • 2,892 Sq Ft Home
  • High Ceiling
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 4 Fireplaces
  • Formal Dining Room
  • Home Office
  • Workshop
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Schools

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

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Patio
  • 0.43 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 1612-00303-0000-00003-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,655

Lot Details

0

Parking

2

Listing Details

  • Style: Victorian
  • Primary Style: Victorian
  • Subproperty Type: Single Family
  • County Name: Essex
  • Directions: WYOMING AVE TO UPPER CHESTNUT, BETWN SAGAMORE & WYOMING, GLEN & LINDEN ST
  • I D: 4807228
  • Section Subdiv Development: Wyoming
  • First Name: STEPHANIE
  • First Name3: STEPHANIE
  • Last Name: MALLIOS
  • Last Name3: MALLIOS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Foyer/Hall, Bedroom 1, Bedroom 4, Living Room
  • Number of Fireplaces: 4
  • Appliances: Range/Oven-Electric, Refrigerator, Washer, Dishwasher, Disposal, Dryer
  • Interior Amenities: Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Walkout, Unfinished
  • Basement Level Rooms: Utility Room, Walkout, Workshop, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 14x11
  • Kitchen Level: First
  • Living Room Dim: 19x14
  • Living Room Level: First
  • Other Room1 Dim: 12x11
  • Other Room1 Level: Second
  • Other Room 2: Attic
  • Other Room2 Dim: 21x14
  • Other Room2 Level: Third
  • Other Room 3: Storage Room
  • Other Room3 Dim: 21x14
  • Other Room3 Level: Basement
  • Other Room 4: Laundry Room
  • Other Room4 Dim: 18x12
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Foyer, Den, Living Room, Dining Room, Bath Main, Family Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Leisure, Office, SeeRem, Storage Room
  • Estimated Sq Ft: 2892
  • Phone: 973-376-5200

Exterior Features

  • Exterior Description: Clapboard
  • Exterior Features: Patio, Storm Window(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: MILLBURN
  • Middle Jr High School: MILLBURN

Lot Info

  • Lot Size: 125X150
  • Easement: Unknown
  • Lot Description: Skyline View, Mountain View
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.43
  • Zoning: residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 16655
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-00303-0000-00003-0000-
  • Tax Rate Amount: 1.856
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: WYOMING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2018
Closed on
Nov 1, 2018
Sold by
David Seader
Bought by
Tobin Frederick and Lyunn Tobin
Seller's Agent
Stephanie Mallios
COMPASS NEW JERSEY, LLC
Buyer's Agent
Stephanie Mallios
COMPASS NEW JERSEY, LLC
List Price
$987,000
Sold Price
$875,000
Premium/Discount to List
-$112,000
-11.35%
Current Estimated Value
$1,582,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$707,144
Avg. Annual Appreciation
8.59%
Original Mortgage
$700,000
Outstanding Balance
$615,884
Interest Rate
4.83%
Estimated Equity
$973,069

Purchase Details

Closed on
Jan 26, 2004
Sold by
Howe Virginia
Bought by
Seader David and Seader Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tobin Frederick $875,000 --
Seader David $686,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tobin Frederick $700,000
Closed Tobin Frederick --
Previous Owner Seader David $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2018 10/26/18 Sold $875,000 -11.3% $303 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $987,000 -- $341 / 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 $17,553 $897,400 $515,600 $381,800
2024 $17,553 $897,400 $515,600 $381,800
2022 $17,436 $897,400 $515,600 $381,800
2021 $17,392 $897,400 $515,600 $381,800
2020 $17,284 $897,400 $515,600 $381,800
2019 $17,320 $897,400 $515,600 $381,800
2018 $17,069 $897,400 $515,600 $381,800
2017 $16,656 $897,400 $515,600 $381,800
2016 $20,879 $969,300 $357,300 $612,000
2015 $20,404 $969,300 $357,300 $612,000
2014 $19,541 $969,300 $357,300 $612,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3477118

Garden State MLS

APN: 12-00303-0000-00003