NOT LISTED FOR SALE

88 Sherwood Rd Norwood, NJ 07648

Estimated Value: $2,576,000

5 Beds
5.5 Baths
-- Sq Ft
0.92 Acres

Last Sold August 15, 2022

Last sale price $2,235,000

Est. 15% increase in value since last sale

Current estimated payment $17,433/month

70 Days on Market

Highlights

  • In Ground Pool
  • 40,010 Sq Ft lot
  • En-Suite Primary Bedroom
  • Norwood Public School Rated A
  • Multiple Fireplaces
  • Central Air

About This Home

As of August 2022

Welcome to your own private oasis. This stately custom center-hall brick colonial awaits a buyer who is searching for the perfect combination of pure tranquility and luxury. This 5 bedroom, 5 full and 1 half bath is like living in your own private resort. This custom built approximately 6,000 sq ft home is situated on almost 2 acres of rare park-like setting boasting a soothing stream and lush gardens. The private double tiered deck with gazebo overlooks the meticulously landscaped grounds with a private in-ground heated pool and spa. The full finished basement features its very own movie theater, game room, wine cellar, gym and sauna. This exquisite property is located in one of the most desirable and prime locations of Norwood, NJ.

Last Agent to Sell the Property

Josh Baris

Coldwell Banker, Fort Lee Listed on: 04/18/2022

Coldwell Banker, Fort Lee

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,557

Lot Details

  • 0.92 Acre Lot
  • Rectangular Lot

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Multiple Fireplaces
  • Gas Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • In Ground Pool
  • Outdoor Pool

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00019 / 00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,557

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: Sunrise, Sunset
  • Co List Office Phone: 201-461-5000
  • Outside Inclusions: ALL APPLIANCES
  • MLS Status: Sold - Sold
  • Directions: 17th to Sherwood
  • Reso Fireplace Features: 3 Fireplaces, Gas
  • Year Built Details: 1990's,Renovated
  • PropertySubTypeAdditional: Manor
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: FULL,FINISHED, THEATER, PLAY RM, GYM, WINE CELLAR, SAUNA, FBTH

Exterior Features

  • Pool Features: In Ground, Outdoor Pool
  • Pool Private: Yes
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Exclusions: ALL PERSONAL ITEMS, CHANDELIER
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas, Forced Air, Hot Water

Lot Info

  • Lot Size Sq Ft: 40010.0

Tax Info

  • Tax Annual Amount: 47557.0
  • Tax Block: 00018
  • Tax Lot: 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Aug 11, 2022
Sold by
Wu Frank Y and Wu Kathy M
Bought by
Gibson Taj Jame
Seller's Agent
Josh Baris
Coldwell Banker, Fort Lee
Buyer's Agent
Outside Agent
Outside Office
List Price
$2,388,000
Sold Price
$2,235,000
Premium/Discount to List
-$153,000
-6.41%
Current Estimated Value
$2,576,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,000
Avg. Annual Appreciation
4.73%
Original Mortgage
$1,564,500
Interest Rate
4.88%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Gibson Taj Jame $2,235,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibson Taj Jame $1,564,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $2,235,000 -6.4% --
06/27/2022 06/27/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $2,388,000 -- --
Source: New Jersey 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 $42,060 $1,530,000 $515,500 $1,014,500
2024 $40,469 $1,530,000 $515,500 $1,014,500
2023 $39,535 $1,530,000 $515,500 $1,014,500
2022 $39,535 $1,530,000 $515,500 $1,014,500
2021 $42,764 $1,846,900 $515,500 $1,331,400
2020 $46,486 $1,846,900 $515,500 $1,331,400
2019 $45,138 $1,846,900 $515,500 $1,331,400
2018 $45,101 $1,846,900 $515,500 $1,331,400
2017 $44,880 $1,846,900 $515,500 $1,331,400
2016 $43,845 $1,846,900 $515,500 $1,331,400
2015 $42,128 $1,846,900 $515,500 $1,331,400
2014 $41,648 $1,846,900 $515,500 $1,331,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22013021

New Jersey MLS

APN: 41-00018-0000-00019