by RHP Realty

See Home Value
Demarest 07627
116 Lake Road
Listed by: Enkeleta Dekaj, [email protected], Prominent Properties Sotheby's International Realty-Tenafly, (201) 568-5668, Listing Courtesy of NJMLS
$2,700,000
● House - Off Market

116 Lake Road

Demarest, NJ 07627
bedrooms
6 Beds
bathrooms
6 Baths, 1 Half Bath
$13,258
Est. Monthly

About This Property

Step into a world of modern luxury with this stunning, fully completed new construction home, 6 bedrooms, 5.5 baths, a finished basement, and a spacious 3-car garage. This exquisite residence is defined by its exceptional high-end finishes, an open floor plan with soaring ceilings, and large windows that flood the space with natural light, creating an undeniable flow and design that will capture your heart. Nestled in the coveted Demarest area, renowned for its award-winning schools, town pool, and exclusive private golf clubs. It's ideally situated for your convenience, close to shopping, dining, and with easy access to transportation to New York City. Adding a personal touch to this exceptional opportunity, the listing agent is related to the seller. Don't miss the chance to make this your new home, where modern luxury meets timeless elegance.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1970

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Last updated: 3 years ago (NJMLS #24013591)

Price History

Date / Event Date Event Price
Jul 31, 2024 Sold
Sold
May 24, 2024 In contract -
In contract
May 3, 2024 Listed by Prominent Properties Sotheby's International Realty-Tenafly $2,775,000
Listed by Prominent Properties Sotheby's International Realty-Tenafly

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,894
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 990
  • Total Building Area: 1,801
  • Building Area: 1,801
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,801
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000296
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Demarest Borough School District
  • Census Tract: 009100

Geography

  • District: 09
  • Parcel: 09 00080- 02-00004- 01
  • Block: 80.02
  • Lot: 4.01
  • Municipality: DEMAREST BORO
  • Latitude: 40.9573
  • Longitude: -73.9502

    Address

  • Full Address: 116 Lake Rd
  • Address - House Number: 116
  • Address - Street Name: Lake
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Demarest
  • Carrier Code: C003
  • 4-Digit Zip Code: 1219
  • Zip Code: 07627

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,660,815

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 970,640
  • High Value: 1,151,025
  • Low Value: 790,255

    Market Valuation

  • Market Total Value: $585,000
  • Market Land Value: $434,200
  • Market Improvement Value: $150,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $585,000
  • Assessed Land Value: $434,200
  • Assessed Improvements Value: $150,800

    Sales

  • Current Sale Contract Date: Mar 09, 2023
  • Current Sale Recording Date: Mar 13, 2023
  • Current Sale Price:
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 18280
  • Previous Sale Recording Date: Jul 29, 2003
  • Previous Sale Contract Date: Jul 25, 2003
  • Previous Sale Amount: $552,500
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Demarest


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Frequently Asked Questions

When was property at 116 Lake Road built and last sold?
The property at 116 Lake Road was built in 1970 and last sold on Mar 9, 2023 for $790,000.
How much is this home worth?
The estimated value of the home located at 116 Lake Road is $0.
What are some comparable homes to 116 Lake Road?
There are currently no comparable homes to 116 Lake Road.