| Location Address | 4040 GEM LAKE DR |
| Municipality | GLEN RIDGE |
| Parcel Control Number | 14-43-44-05-14-004-0032 |
| Subdivision | SUBURBAN HOMES IN |
| Official Records Book/Page | 35901 / 1201 |
| Sale Date | 07/23/2025 |
| Legal Description | SUBURBAN HOMES S 30 FT OF LT 3, LT 4 & N 20 FT OF LT 5 BLK 4 |
| Owner(s) | Mailing Address | |||
|---|---|---|---|---|
|
WPB PROPERTY GROUP LLC |
217 TACONIC RD
GREENWICH CT 06831 3115 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 07/23/2025 | $765,000 | 35901 / 01201 | WARRANTY DEED | WPB PROPERTY GROUP LLC |
| 05/30/2018 | $10 | 29893 / 01707 | QUIT CLAIM | SULLIVAN GARY TRUST & |
| 12/20/2002 | $183,000 | 14583 / 01646 | WARRANTY DEED | SULLIVAN GARY & |
| 05/10/2002 | $125,660 | 13701 / 00230 | WARRANTY DEED | HIBBERT KAREN E & |
| 11/22/2000 | $117,500 | 12183 / 00617 | WARRANTY DEED | PRIETO CHARLES M & |
| 07/01/1978 | $52,000 | 02893 / 01839 | WARRANTY DEED | |
| 01/01/1974 | $42,000 | 02281 / 00631 | WARRANTY DEED |
NOTE: Sales do not generally appear in the PAPA database until approximately 1 to 3 weeks after the closing date.
If a recent sale does not show up in this list, please allow more time for the sale record to be processed.
- Save Our Homes (SOH) Base Year : 2005
- Exemption Year : 2025
| Applicant/Owner(s) | Year | Detail | ||
|---|---|---|---|---|
| SULLIVAN GARY & | 2025 | HOMESTEAD | ||
| SULLIVAN GARY & | 2025 | ADDITIONAL HOMESTEAD |
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
| FGR Finished Garage | 756 |
| BAS Base Area | 2330 |
| BAS Base Area | 18 |
| Total Square Footage | 3104 |
| Area Under Air | 2348 |
| Number of Units | 1 |
| Total Square Feet* | 3104 |
| Acres | .52 |
| Property Use Code | 0100—SINGLE FAMILY |
| Zoning | R-1—SINGLE-FAMILY (14-GLEN RIDGE) |
Request Structural Details Change
*May indicate living area in residential properties.
Structural Element
for Building 1
| Exterior Wall 1 | MSY: CB STUCCO |
| Year Built | 1963 |
| Air Condition Desc. | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Heat Fuel | ELECTRIC |
| Bed Rooms | 3 |
| Full Baths | 1 |
| Half Baths | 0 |
| Exterior Wall 2 | NONE |
| Roof Structure | GABLE/HIP |
| Roof Cover | MOD. METAL |
| Interior Wall 1 | PLASTER |
| Interior Wall 2 | N/A |
| Floor Type 1 | CERAMIC/QUARRY TILE |
| Floor Type 2 | CARPETING |
| Stories | 1 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Utility Building | 2007 | 180 |
| Patio | 2005 | 798 |
| Screen Enclosure | 2005 | 368 |
| Pool - In-Ground | 2002 | 1 |
| Patio Roof | 2005 | 242 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 1 | SFR WATER | R-1 | 0.5211 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Improvement Value | $385,336 | $394,142 | $376,426 | $262,365 | $217,049 |
| Land Value | $253,818 | $253,818 | $246,118 | $333,891 | $141,698 |
| Total Market Value | $639,154 | $647,960 | $622,544 | $596,256 | $358,747 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $385,336 | $394,142 | $376,426 | $262,365 | $217,049 | $236,200 | $307,278 | $276,924 | $190,456 | $191,454 |
| Land Value | $253,818 | $253,818 | $246,118 | $333,891 | $141,698 | $88,000 | $80,000 | $81,023 | $62,325 | $50,316 |
| Total Market Value | $639,154 | $647,960 | $622,544 | $596,256 | $358,747 | $324,200 | $387,278 | $357,947 | $252,781 | $241,770 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assessed Value | $259,624 | $252,307 | $244,958 | $237,823 | $230,896 |
| Exemption Amount | $50,722 | $50,000 | $50,000 | $50,000 | $50,000 |
| Taxable Value | $208,902 | $202,307 | $194,958 | $187,823 | $180,896 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $259,624 | $252,307 | $244,958 | $237,823 | $230,896 | $227,708 | $222,588 | $218,438 | $213,945 | $209,545 |
| Exemption Amount | $50722 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 |
| Taxable Value | $208,902 | $202,307 | $194,958 | $187,823 | $180,896 | $177,708 | $172,588 | $168,438 | $163,945 | $159,545 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| AD VALOREM | $3,561 | $3,451 | $3,363 | $3,326 | $3,314 |
| NON AD VALOREM | $207 | $194 | $188 | $184 | $178 |
| TOTAL TAX | $3,768 | $3,645 | $3,551 | $3,510 | $3,492 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $3,561 | $3,451 | $3,363 | $3,326 | $3,314 | $3,292 | $3,243 | $3,063 | $3,038 | $3,046 |
| NON AD VALOREM | $207 | $194 | $188 | $184 | $178 | $173 | $175 | $175 | $172 | $170 |
| TOTAL TAX | $3,768 | $3,645 | $3,551 | $3,510 | $3,492 | $3,465 | $3,418 | $3,238 | $3,210 | $3,216 |
BUYERS TAKE NOTE: Taxes will change and often increase substantially when a property sells. The seller’s exemption benefits will GO AWAY the year after they sell and this may result in higher taxes for a buyer. Please use the Property Tax Calculator to get a better annual tax estimate if you are purchasing this property.