11 Olcott Lane

Bernardsville Boro, NJ
$ 740,000 Beds 4 Baths 2.5
Monthly Estimate* How much can I afford?

Builders and visionaries, a unique opportunity presents itself on 3.2 wooded acres in a coveted area of Bernardsville. Possibilities for either a home renovation or subdivision. This split level home is situated deep within the lot and offers both in town convenience and privacy. The property is currently occupied with a long term tenant. The lease expires in June of 2024, however looking to exit early to accommodate seller. Recent updates include: new roof (2022), boiler, AC, and above ground oil tank. Photos reflect home condition when current occupant took possession. The property is being sold "AS IS".

Single Family

  • Price
  • $ 740,000
  • City
  • Bernardsville Boro
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • SOMERSET
  • Half Bathrooms
  • 1
  • Area
  • Bernardsville Boro
  • Lot Size
  • 3.2 Acres
  • Zip
  • 07924
  • Year Built
  • 1960
  • Taxes
  • $ 11810
  • Style
  • Split Level
  • MLS#
  • 3864880
Listed By: KL SOTHEBY'S INT'L. REALTY; 862-812-0634
Data Source: Garden State MLS (GSMLS)

Features

General

Appliances Central Vacuum, Dishwasher, Microwave Oven, Range/Oven-Electric
Architectural Style Split Level
Community Living No
Cooling Central Air
County Somerset
Directions Claremont to Olcott. 1st driveway on left - long winding gravel driveway.
Drive Gravel
Easement Unknown
Elementary School Bedwell
Exclusions NONE
Exterior Features Deck
Garage Attached Garage, Garage Door Opener, Oversize Garage
Garage Spaces 2
Heating 1 Unit, Baseboard - Cast Iron, Baseboard - Hotwater
High School Bernards HS
Middle/Junior High School BernardsvilleMS
Percent Ownership Fee Simple
Pool Y/N No
Possession At Closing
Primary Style Split Level
Roof Asphalt Shingle
Sewer Public Available, Septic
Standard Status Active
Status Active
Street Name Olcott Lane
Sub Property Type Single Family
Tax Annual Amount 11810
Tax Assessed Value 595400
Tax Lot 4
Tax Year 2022
Total Rooms 8
Town # 2703
Township Bernardsville Boro
Utilities All Underground, Electric, Gas In Street
Water Heater Electric
Year Built 1960

Interior Features

Dining Room Level Second
Family Room Level First
Fireplace Features Living Room, Wood Burning
Flooring Tile, Wood
Fuel Type OilAbIn
Full Baths 2
Ground Level Rooms 1 Bedroom, Laundry Room, Office
Half Baths 1
Kitchen Dimensions 12x14
Kitchen Features Eat-In Kitchen
Kitchen Level Second
Level 1 Rooms Family Room
Level 2 Rooms Dining Room, Kitchen, Living Room
Level 3 Rooms 3 Bedrooms
Living Room Level Second
Roombed1dimensions 12x12
Roombed1features Full Bath
Roombed1level Third
Roombed2dimensions 11x17
Roombed2level Third
Roombed3dimensions 12x10
Roombed3level Third
Roombed4dimensions 11x14
Roombed4level Ground
Roomdiningdimensions 11x12
Roomfamilydimensions 19x14
Roomlivingdimensions 24x13
Total Bedrooms 4
Total Fireplaces 1

Exterior Features

Exterior Description Wood Shingle
Lot Dimensions 3.20AC
Lot Features Possible Subdivision, Stream On Lot, Wooded Lot
Lot Size Acres 3.20
Water Source Well

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,396

Per Month

Based on the average sale price from the Basking Ridge, NJ office

  • Monthly Principal & interest $2,268
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Bedwell Elementary School
Middle School BernardsvilleMS Middle School
High School Bernards HS

Price History

9/15/2023 Listed $795,000
11/3/2023 7% - $740,000

Property vs Zip Code Average in 07924

Price
AVG $4.34M
$740K
Taxes
AVG $48,128
$11,810
Visits
AVG 797
154
Data Provided by Inside Real Estate®
Year Built
AVG 1975
1960

Map

11 Olcott Lane Bernardsville Boro, NJ is a Single Family Home for sale at $740000 and a lot size of 3.2 Acres Acre(s). 11 Olcott Lane Bernardsville Boro has 4 bedrooms, 2 baths and was built in 1960. The property's zip code is 07924 which is in Bernardsville Boro, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.