See Home Value
$2,757,426*
House - Off Market

16 Drake Ln

Upper Saddle River, NJ 07458
bedrooms
5 Beds
bathrooms
5 Baths
$1,553,000 - $1,897,000
Reference Base Price*
59.85%
Since Aug 1, 2017
National-US
Primary Model
Sold Apr 23, 2021
$1,850,000
$1,480,000 by Harborone Mortgage Llc
Mortgage Due Jan 01, 2051
Sold Oct 01, 1997
$397,000
$317,600 by Globe Mtg America Llc
Mortgage Due Oct 01, 2027

About This Property

Prepare to be WOWED! This custom built Lance Kulick Colonial Manor is an absolute gem nestled on 1.03 acres of lush landscape on a private cul-de-sac. Absolute perfection in this home from top to bottom. A gorgeous 2 story entry foyer greets you, Radiant Oaksawn Floors warm you and a top notch woodwork and custom appointments will awe you. The magnificent kitchen with Soapstone Countertops, Miele, Subzero and Wolf appliances opens to a beautiful, sun-light 2 story Greatroom, separated only by a double sided fireplace to keep you and your guests warm and cozy. The Master Suite is sure to deliver those desiring privacy with it's own deck overlooking beautiful gardens, a fireplace, his and hers closets and spectacular bath....LR, DR, Office of the finest cherry, Nanny/Guest Suite, Gym room and Conservatory complete the first floor. The second floor offers an open Loft/Billiard Game Room, 3 generous Bedrooms and 2 full baths. So Much More! Come visit and fall in love!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2007

Price History

Date / Event Date Event Price
Apr 23, 2021 Sold to Asha Abraham, Thomas Abraham $1,850,000
Sold to Asha Abraham, Thomas Abraham
Jul 29, 2017 Listed $1,725,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 44,867
  • Total Building Area: 5,914
  • Building Area: 5,914
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,914
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.03
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ABRAHAM THOMAS
  • Current Owner 2: ABRAHAM ASHA
  • Previous Owner : CHU DENNIS Y
  • Previous Owner 2: CHU MICHELLE J
  • Owner Before Previous Owner: COLEMAN JEFFREY A
  • Owner Before Previous Owner 2: COLEMAN JULIE PELKAN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Northern Highlands Regional School District
  • Census Tract: 053201

Zoning

  • Zoning: R1

Geography

  • Account Number: 155700
  • District: 63
  • Parcel: 63 01219-0000-00006
  • Block: 1219
  • Lot: 6
  • Municipality: UPPER SADDLE RIV BORO
  • Latitude: 41.0492
  • Longitude: -74.0936

    Address

  • Full Address: 16 Drake Ln
  • Address - House Number: 16
  • Address - Street Name: Drake
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Upper Saddle River
  • Carrier Code: C011
  • 4-Digit Zip Code: 2106
  • Zip Code: 07458

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $37,013

    Appraisal Valuation

  • Standard Deviation: 0.1804
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 2,350,297
  • High Value: 2,774,448
  • Low Value: 1,926,145

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,480,000
  • First Open Lien Mortgage Lender: HARBORONE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 23, 2021
  • First Open Lien Mortgage Loan Amount: $1,480,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $1,496,700
  • Market Land Value: $350,800
  • Market Improvement Value: $1,145,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,496,700
  • Assessed Land Value: $350,800
  • Assessed Improvements Value: $1,145,900

    Sales

  • Current Sale Contract Date: Dec 10, 2020
  • Current Sale Recording Date: Apr 23, 2021
  • Current Sale Transaction ID: 11836095602
  • Current Sale Price: $1,850,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021063683
  • Previous Sale Recording Date: Oct 01, 1997
  • Previous Sale Contract Date: Sep 18, 1997
  • Previous Sale Amount: $397,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HARBORONE MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 23, 2021
  • First Mortgage Loan Amount: $1,480,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GLOBE MTG AMERICA LLC
  • Previous Mortgage Transaction Date: Oct 01, 1997
  • Previous Mortgage Loan Amount: $317,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2027



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5 Baths
-
$1,775,000 Dec 1, 2022
-
-
House
5 Beds
5 Baths
-
$1,385,000 Dec 9, 2022
-
-

About Upper Saddle River


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Frequently Asked Questions

When was property at 16 Drake Lane built and last sold?
The property at 16 Drake Lane was built in 2007 and last sold on Dec 10, 2020 for $1,850,000.
How much is this home worth?
The estimated value of the home located at 16 Drake Lane is $1,742,250.
What are some comparable homes to 16 Drake Lane?
There are currently no comparable homes to 16 Drake Lane.

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