NOT LISTED FOR SALE

89 Locust Ave Millburn, NJ 07041

Estimated Value: $1,146,376 - $1,473,000

-- Bed
-- Bath
1,908 Sq Ft
$671/Sq Ft Est. Value

About This Home

This home is located at 89 Locust Ave, Millburn, NJ 07041 and is currently estimated at $1,279,594, approximately $670 per square foot. 89 Locust Ave is a home located in Essex County with nearby schools including South Mountain School, Millburn Middle School, and Millburn High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2020
Sold by
Gladstone Stuart M
Bought by
Schachter Jesse and Lerner Rachael
Current Estimated Value
$1,279,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$577,086
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$702,508

Purchase Details

Closed on
Apr 12, 2011
Sold by
Benisch Barry M
Bought by
Gladstone Stuart M and Benisch Barry M

Purchase Details

Closed on
Apr 6, 2011
Sold by
Benisch Barry M and Benisch Susan C
Bought by
Benisch Barry M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Schachter Jesse $765,000 Nuco Title Ins Agcy Inc
Gladstone Stuart M -- None Available
Benisch Barry M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schachter Jesse $650,000
Source: Public Records

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 $14,416 $737,000 $491,700 $245,300
2024 $14,416 $737,000 $491,700 $245,300
2022 $14,320 $737,000 $491,700 $245,300
2021 $14,283 $737,000 $491,700 $245,300
2020 $14,195 $737,000 $491,700 $245,300
2019 $14,224 $737,000 $491,700 $245,300
2018 $14,018 $737,000 $491,700 $245,300
2017 $13,621 $733,900 $491,700 $242,200
2016 $13,928 $646,600 $335,800 $310,800
2015 $13,611 $646,600 $335,800 $310,800
2014 $13,035 $646,600 $335,800 $310,800
Source: Public Records

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