NOT LISTED FOR SALE

94 Spring St Millburn, NJ 07041

Estimated Value: $1,526,000 - $1,584,000

6 Beds
-- Bath
2,940 Sq Ft
$526/Sq Ft Est. Value

Last Sold July 25, 2024

Last sale price $1,475,000 $502 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,797/month

7 Days on Market

About This Home

As of July 2024

This home is located at 94 Spring St, Millburn, NJ 07041 since 06 June 2024 and is currently estimated at $1,545,471, approximately $525 per square foot. This property was built in 1964. 94 Spring 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

Simon Westfall-Kwong

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 06/06/2024

EXP REALTY, LLC

Last Buyer's Agent

Lisa Sammataro

KELLER WILLIAMS VILLAGE SQUARE

KELLER WILLIAMS VILLAGE SQUARE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,261

Year Built

  • Built in 1964

Lot Details

  • 5,227 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,261

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Year Built: 1964
  • County Name: Essex
  • Street Number Display: 94-96
  • I D: 5291322
  • Modified: 2024-07-25
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Jul 22, 2024
Sold by
Olivieri Margherita and Corderi Albert
Bought by
Desai Abhijit Ashok and Bhowmik Amrapali
Seller's Agent
Simon Westfall-Kwong
EXP REALTY, LLC
Buyer's Agent
Lisa Sammataro
KELLER WILLIAMS VILLAGE SQUARE
List Price
$1,250,000
Sold Price
$1,475,000
Premium/Discount to List
$225,000
18%
Views
35
Current Estimated Value
$1,545,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,471
Avg. Annual Appreciation
5.26%
Original Mortgage
$1,032,500
Outstanding Balance
$1,024,713
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$520,758

Purchase Details

Closed on
Dec 16, 2009
Sold by
Olivieri Margherita
Bought by
Olivieri Margherita

Purchase Details

Closed on
Dec 15, 2009
Sold by
Olivieri Margherita
Bought by
Olivieri Margherita and Olivieri Amedeo
Source: Public Records

Range of Values:

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ICE

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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
Desai Abhijit Ashok $1,475,000 Foundation Title
Olivieri Margherita -- None Available
Olivieri Margherita -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desai Abhijit Ashok $1,032,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Sold $1,475,000 +18.0% $502 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $1,250,000 -- $425 / 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 $14,261 $729,100 $310,400 $418,700
2022 $14,166 $729,100 $310,400 $418,700
2021 $14,130 $729,100 $310,400 $418,700
2020 $14,042 $729,100 $310,400 $418,700
2019 $14,072 $729,100 $310,400 $418,700
2018 $13,867 $729,100 $310,400 $418,700
2017 $13,532 $729,100 $310,400 $418,700
2016 $13,245 $614,900 $236,600 $378,300
2015 $12,944 $614,900 $236,600 $378,300
2014 $12,396 $614,900 $236,600 $378,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3906230

Garden State MLS

APN: 12-01103-0000-00005