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25 Sylvan Way

Millburn, NJ 07078

5 bd 6 ba 7,201 sqft Built 2020 Lot 20,473 sqft single_family
Most recent sale
$4,005,000
Oct 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 6, 2022 Sold $4,005,000 Public Record
Sep 22, 2022 Sold $4,050,000 MLS #3794204
Jul 6, 2022 Listed $4,195,000 MLS #3794204
Sep 14, 2017 Listing removed $1,299,999 GardenState
Jun 30, 2017 Price changed $1,299,999 MLS #3379767
Apr 17, 2017 Listed $1,395,000 MLS #3379767
Nov 23, 2016 Sold $1,300,000 Public Record
Nov 2, 2016 Listing removed $1,300,000 GardenState
Oct 13, 2016 Listed $1,300,000 MLS #3342707
Aug 10, 1999 Sold $619,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,851,800 $792,800 $2,644,600 $53,394
2024 $1,851,800 $792,800 $2,644,600 $52,415
2023 $1,851,800 $792,800 $2,644,600 $51,728
2022 $1,851,800 $792,800 $2,644,600 $51,384
2021 $1,851,800 $792,800 $2,644,600 $51,252
2020 $200,000 $792,800 $992,800 $19,121
2019 $100,000 $792,800 $892,800 $17,231
2018 $379,700 $792,800 $1,172,500 $22,301
2017 $379,700 $792,800 $1,172,500 $21,762
2016 $443,000 $497,100 $940,100 $20,250
2015 $443,000 $497,100 $940,100 $19,789
2014 $443,000 $497,100 $940,100 $18,952
2013 $443,000 $497,100 $940,100 $18,182
2012 $443,000 $497,100 $940,100 $17,853
2010 $443,000 $497,100 $940,100 $16,865
2009 $443,000 $497,100 $940,100 $16,499
2008 $443,000 $497,100 $940,100 $15,690
2007 $443,000 $497,100 $940,100 $14,853

Property facts

Year built
2020
Property type
single_family
Stories
Beds
5
Baths
6
Living area
7,201 sqft
Lot size
20,473 sqft
ZIP code
07078
City
Millburn
Street
Sylvan Way
Coordinates
40.75357, -74.31769

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$24,030
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 25 Sylvan Way last sell?
25 Sylvan Way most recently sold on Oct 6, 2022 for $4,005,000.
What is the current tax assessment for 25 Sylvan Way?
The most recent total assessment for 25 Sylvan Way (year 2025) is $2,644,600 with $53,394 in property tax.
How does 25 Sylvan Way's assessment compare to its last sale price?
The current assessment is 34.0% below the last sale price of $4,005,000.
When was 25 Sylvan Way built?
25 Sylvan Way was built in 2020.
How does 25 Sylvan Way compare to others on Sylvan Way?
We track 1 other property on Sylvan Way. Browse the list under "Other properties on Sylvan Way" to compare beds, baths, and sale history.
What are the property facts for 25 Sylvan Way?
25 Sylvan Way is a 5 bed, 6 bath, 7,201 sqft, 20,473 sqft lot single_family.
Is 25 Sylvan Way a flip candidate?
No — 25 Sylvan Way does not appear in our flips dataset.
Is 25 Sylvan Way a tax-appeal candidate?
No — 25 Sylvan Way 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

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