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51 Farmstead Rd

Millburn, NJ 07078

7 bd 8 ba Built 2014 Lot 41,818 sqft single_family
Most recent sale
$4,350,000
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 31, 2022 Sold $4,350,000 Public Record
Aug 18, 2022 Sold $4,350,000 GardenState
Jul 7, 2022 Listed $4,500,000 MLS #22025127
Jul 6, 2022 Listed $4,500,000 MLS #3794095
May 23, 2022 Price changed $4,999,000 MLS #22007225
May 22, 2022 Price changed $4,999,999 MLS #22007225
May 20, 2022 Price changed $4,999,000 MLS #3767478
Apr 15, 2022 Price changed $5,999,999 MLS #3767478
Mar 7, 2022 Listed $5,750,000 MLS #22007225
Mar 5, 2022 Listed $5,750,000 MLS #3767478
Jul 14, 2021 Listed $5,500,000 MLS #3727426
Oct 9, 2014 Sold $2,200,000 Public Record
May 22, 2012 Sold $1,125,000 Public Record
Feb 8, 2012 Listing removed $1,195,000 GardenState
Feb 5, 2012 Listed $1,195,000 MLS #2915293
Jan 31, 1990 Sold $580,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $2,449,100 $758,300 $3,207,400 $64,757
2024 $2,449,100 $758,300 $3,207,400 $63,570
2023 $2,449,100 $758,300 $3,207,400 $62,736
2022 $2,422,800 $758,300 $3,181,100 $61,808
2021 $2,422,800 $758,300 $3,181,100 $61,649
2020 $2,422,800 $758,300 $3,181,100 $61,267
2019 $2,422,800 $758,300 $3,181,100 $61,395
2018 $2,422,800 $758,300 $3,181,100 $60,504
2017 $2,422,800 $758,300 $3,181,100 $59,041
2016 $2,401,300 $517,700 $2,919,000 $62,875
2015 $15,000 $517,700 $532,700 $11,213
2014 $15,000 $517,700 $532,700 $10,739
2013 $517,700 $517,700 $10,012
2012 $569,200 $517,700 $1,086,900 $20,640
2010 $569,200 $517,700 $1,086,900 $19,498
2009 $569,200 $517,700 $1,086,900 $19,075
2008 $569,200 $517,700 $1,086,900 $18,140
2007 $569,200 $517,700 $1,086,900 $17,173

Property facts

Year built
2014
Property type
single_family
Stories
Beds
7
Baths
8
Living area
Lot size
41,818 sqft
ZIP code
07078
City
Millburn
Street
Farmstead Rd
Coordinates
40.74907, -74.33151

Frequently asked questions

When did 51 Farmstead Rd last sell?
51 Farmstead Rd most recently sold on Aug 31, 2022 for $4,350,000.
What is the current tax assessment for 51 Farmstead Rd?
The most recent total assessment for 51 Farmstead Rd (year 2025) is $3,207,400 with $64,757 in property tax.
How does 51 Farmstead Rd's assessment compare to its last sale price?
The current assessment is 26.3% below the last sale price of $4,350,000.
When was 51 Farmstead Rd built?
51 Farmstead Rd was built in 2014.
How does 51 Farmstead Rd compare to others on Farmstead Rd?
We track 2 other properties on Farmstead Rd. Browse the list under "Other properties on Farmstead Rd" to compare beds, baths, and sale history.
What are the property facts for 51 Farmstead Rd?
51 Farmstead Rd is a 7 bed, 8 bath, 41,818 sqft lot single_family.
Is 51 Farmstead Rd a flip candidate?
No — 51 Farmstead Rd does not appear in our flips dataset.
Is 51 Farmstead Rd a tax-appeal candidate?
No — 51 Farmstead Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.1%
Implied 1-yr
+16.2%
2026 Q3
$3.76M
2026 Q4
$3.88M
ZIP 07078 — Median Price History + Forecast

Explore nearby

Other properties on Farmstead Rd