NOT LISTED FOR SALE

98 Chelsea Watchung, NJ 07069

Estimated Value: $2,294,000 - $2,617,000

6 Beds
7 Baths
6,214 Sq Ft
$404/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $1,950,000 $314 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $16,646/month

66 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Custom Home
  • Great Room with Fireplace
  • Bayberry Elementary School Rated A-
  • Maid or Guest Quarters
  • Wooded Lot

About This Home

As of December 2022

The private 300' driveway lead to one and a half acre secluded property where beauty, excellence, comfort and detail abound. This impeccable Custom Center Hall Colonial features a majestic 2 story marble entrance with double bridal staircase, artisan quality custom trim work, wainscoting and crown moldings throughout. The gracious first level includes a great room w/full service bar and fireplace, parlor/music room, den w/2 sided fireplace, paneled office/library including wet bar, bedroom w/full bath, formal dining room and fully appointed laundry room. The gourmet eat-in kitchen is an epicurean delight w/top of the line appliances, center island w/prep sink, butler's pantry and sun-lit eating area overlooking the backyard & patio. The 3rd staircase off the kitchen leads to the spacious 2nd level. The primary suite is complete w/2sided fireplace, sitting/exercise room, 2 enormous custom walk-in closets plus a luxurious bath w/skylight, oversized jetted tub, double shower w/jets, private commode area and double sinks w/dressing table. This level also offers Jack & Jill bedrooms separated by a full bath plus a 4th bedroom w/bath. Finished basement complete w/full kitchen, areas to play, lounging, home office/bedroom, media & storage. The extraordinary backyard has an expansive paver patio w/fire pit, hot tub w/open gazebo with wet bar. Perfect to entertain or just relax in this Shangri-La setting. The garage, w/lift, houses 4 cars. House provides 5 zone HVAC

Last Agent to Sell the Property

ALAN RUBIN

WEICHERT REALTORS Brokerage Phone: 908-693-2222 Listed on: 09/03/2022

Co-Listed By

PHYLLIS STERN

WEICHERT REALTORS Brokerage Phone: 908-693-2222

Last Buyer's Agent

EJAZ CHAUDHRY

WEICHERT REALTORS CORP HQ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,274

Year Built

  • Built in 2006

Lot Details

  • 1.45 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Flag Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Paver Block
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Custom Home
  • Colonial Architecture
  • Stone Siding

Interior Spaces

  • 6,214 Sq Ft Home
  • Wet Bar
  • High Ceiling
  • Skylights
  • Thermal Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Game Room
  • Storage Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Maid or Guest Quarters
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2721-04408-0000-00004-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,274

Year Built

Built in 2006

Lot Details

1.45 Acres

Parking

3

Listing Details

  • Style: Colonial, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2006
  • Year Built Description: Approximate
  • County Name: Somerset
  • Easements Description: utility-acces
  • Exclusions: Dining room chandelier , Chandelier in walk in closet in primary suite.
  • Directions: Valley to Knightsbridge to Chelsea
  • I D: 5176683
  • First Name: ALAN
  • First Name2: PHYLLIS
  • First Name3: EJAZ
  • Last Name: RUBIN
  • Last Name2: STERN
  • Last Name3: CHAUDHRY
  • Office Phone3: 973-601-5885
  • Attribution Contact: 908-693-2222
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Marble, Wood
  • Fireplace Description: Bedroom 1, Great Room, Living Room
  • Number of Fireplaces: 3
  • Appliances: Carbon Monoxide Detector, Central Vacuum, CookGas, Dishwasher, Disposal, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Sump Pump, OvnWGas, Washer, Water Softener-Own
  • Interior Amenities: Bar-Wet, Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, High Ceilings, JacuzTyp, Security System, Skylight, Smoke Detector, Walk-In Closet
  • Bedrooms: 6
  • Master Bedroom Desc: Dressing Room, Fireplace, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub, Stall Shower
  • Bathrooms: 5.20
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, GameRoom, Kitchen, Maid Quarters, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 30x15
  • Kitchen Level: First
  • Living Room Dim: 15x18
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 15x13
  • Other Room1 Level: First
  • Other Room 2: Parlor
  • Other Room2 Dim: 18x14
  • Other Room2 Level: First
  • Other Room 3: Great Room
  • Other Room3 Dim: 20x20
  • Other Room3 Level: First
  • Other Room 4: LivingRm
  • Other Room4 Dim: 18x15
  • Other Room4 Level: First
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Dining Room, Foyer, Great Room, Kitchen, Laundry Room, Living Room, Office, OutEntrn, Pantry, Parlor, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, SittngRm
  • Estimated Sq Ft: 6214
  • Phone: 908-654-4338

Exterior Features

  • Exterior Description: Stone, Stucco
  • Exterior Features: Patio, Storage Shed, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, Oversize Garage
  • Number Garage Spaces: 3
  • Number Parking Spaces: 3
  • Parking Driveway Description: 2 Car Width, Blacktop, Circular, Off-Street Parking, On-Street Parking, Paver Block

Utilities

  • Cooling: 4 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 4 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 1.45 AC
  • Easement: Yes
  • Lot Description: Cul-De-Sac, Flag Lot, Private Road, Wooded Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.45
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 38274
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2721-04408-0000-00004-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.146
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2022
Closed on
Dec 14, 2022
Sold by
Shugar Ronald and Shugar Ellen
Bought by
Shaikh Shazad Laftif and Shaikh Sana Anjum
Seller's Agent
ALAN RUBIN
WEICHERT REALTORS
Buyer's Agent
EJAZ CHAUDHRY
WEICHERT REALTORS CORP HQ
List Price
$2,500,000
Sold Price
$1,950,000
Premium/Discount to List
-$550,000
-22%
Views
17
Current Estimated Value
$2,511,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561,893
Avg. Annual Appreciation
8.08%
Original Mortgage
$1,560,000
Outstanding Balance
$1,509,101
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$1,002,792

Purchase Details

Closed on
Mar 13, 2006
Sold by
Emerald Valley At Warren Llc
Bought by
Shugar Ronald and Shugar Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.28%

Purchase Details

Closed on
Jul 31, 2002
Sold by
Diemer Barbara
Bought by
Valley Emerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
6.58%

Purchase Details

Closed on
Apr 6, 1993
Sold by
Burnheade Associates & Sausvillek
Bought by
Sausville Kenneth H and Sausville Linda H

Purchase Details

Closed on
Dec 16, 1991
Sold by
Sausville Kenneth N
Bought by
Sausville Kenneth N and Sausville Linda
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shaikh Shazad Laftif $1,950,000 --
Shugar Ronald $2,500,000 --
Valley Emerald $550,000 --
Sausville Kenneth H -- --
Sausville Kenneth N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaikh Shazad Laftif $1,560,000
Previous Owner Shugar Ronald $1,500,000
Previous Owner Valley Emerald $975,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2022 12/16/22 Sold $1,950,000 -15.2% $314 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
10/01/2022 10/01/22 Price Changed $2,300,000 -8.0% $370 / Sq Ft
09/03/2022 09/03/22 For Sale $2,500,000 -- $402 / Sq Ft
Source: Garden State MLS

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 $41,191 $2,283,700 $626,900 $1,656,800
2024 $41,191 $2,061,600 $585,900 $1,475,700
2023 $39,748 $1,947,500 $547,500 $1,400,000
2022 $39,125 $1,862,200 $506,400 $1,355,800
2021 $38,275 $1,795,200 $486,900 $1,308,300
2020 $37,800 $1,776,300 $486,900 $1,289,400
2019 $41,884 $2,018,500 $486,900 $1,531,600
2018 $40,461 $2,032,200 $507,100 $1,525,100
2017 $34,967 $1,766,900 $219,000 $1,547,900
2016 $36,335 $1,737,700 $219,000 $1,518,700
2015 $35,764 $1,700,400 $211,900 $1,488,500
2014 $34,703 $1,669,200 $211,900 $1,457,300
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Garden State MLS

MLS Number: 3805428

Garden State MLS

APN: 21-04408-0000-00004

Your Personal Tour Guide

Ask me questions while you tour the home.