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464 Cherry Lane, Mendham, NJ, 07945

6beds
6baths
--sqft
$5,995,000
--price/sqft
$41,825/moest. monthly cost
$1,673,000/yrincome needed

About This Home

Perched atop nearly eight picturesque acres, this 8,000+ square-foot Mendham Borough estate has been reimagined in 2025 with a level of craftsmanship and artistry rarely seen in today's market. Designed for both grand entertaining and intimate living, the residence seamlessly blends architectural elegance, exquisite d cor, and modern amenities. From sunrise to star-filled twilight, the horizon stretches endlessly, creating a living backdrop that shifts with the seasons and elevates every moment. Outdoor living is equally impressive with a saline pool and spa with remote Aqua Link control, limestone barbeque bar, and a custom-designed outdoor fireplace, all framed by professional landscaping from Root Landscape Architects. Copper roof accents, new stone entry pillars, and a detached four-car garage underscore the estate's enduring quality. This is more than a home; it's a lifestyle. Morning coffee comes with a horizon line and evenings glow in sunset color. Whether hosting elegant parties under sparkling chandeliers, enjoying quiet moments by one of the many fireplaces, or soaking in vibrant sunsets from the terrace, this refined residence offers a rare opportunity to live expansively while embracing every refined detail.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

6/10
Hilltop SchoolGrades PK-41.1 mi
8/10
10/10

Construction

Condition

  • Year built: 1996

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Stone,Stucco

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: SingleFamily
  • Architectural style: Custom Home
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Cooktop,Dishwasher,Dryer,Generator-Built-In,Microwave,Range/Oven-Gas,Refrigerator,Washer,Water Filter,Water Softener Owned,Wine Refrigerator,Water Heater From Furnace

Basement

  • Features: Vestibul,Exercise,Media,RecRoom,Storage,Utility

Basement

  • Has basement: Yes
  • Basement: Yes,Finished

Bedroom1

  • Level: First
  • Area: 432

Bedroom2

  • Level: Second
  • Area: 224

Bedroom3

  • Level: Second
  • Area: 224

Bedroom4

  • Level: Second
  • Area: 266

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Dining Room

  • Features: Formal Dining Room
  • Level: First
  • Area: 266

Family Room

  • Level: First
  • Area: 728

Features

  • Beamed Ceilings,High Ceilings,Sound System,Office,Exercise Room,Rec Room,Media Room,Bath Main,Breakfast Room,Dining Room,Family Room,Great Room,Living Room
  • Window features: Window Treatments
  • Flooring: Marble,Tile,Wood
  • Number of fireplaces: 4
  • Fireplace features: Bedroom 1,Family Room,Gas,Great Room,See Remarks,Wood Burning,Master Bedroom
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Zoned,Natural Gas
  • Cooling features: Zoned

Kitchen

  • Features: Kitchen Island,Eat-in Kitchen,Pantry
  • Level: First
  • Area: 936

Living Room

  • Level: First
  • Area: 638

Master Bathroom

  • Features: Soaking Tub,Stall Shower

Property

Details

  • Parcel number: 2318021010000000040000
  • Zoning description: RES
  • Other equipment: Generator-Built-In
  • Exclusions: On File

Features

  • Private pool: Yes
  • Pool features: Outdoor Pool,Gunite,Heated,In Ground
  • Patio & porch: Patio
  • Exterior features: Barbecue,Underground Lawn Sprinkler
  • Has spa: Yes
  • Spa features: Hot Tub
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 7.84 Acres
  • Features: Open Lot
  • Lot size dimensions: 7.847 AC

Parking

  • Total spaces: 6
  • Parking features: Asphalt,Circular Driveway,Attached Garage,Detached Garage,Oversized
  • Has garage: Yes
  • Attached garage spaces: 6
  • Covered spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Cold Wave
Lightning
Strong Wind

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $30,313$363,756
Home Insurance *$2,127$25,524
Property Taxes $9,192$110,304
Electricity $193$2,318
Total$41,825$501,900
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,434,000/yr
40% on housing$1,254,750/yr
45% on housing$1,115,333/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07945$420
Morris County$391

vs Homes Sold Last Month

Median $/sqft

ZIP 07945$375
Morris County$367

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-01Listed for sale$5,995,000
2024-06-27Sold$2,000,000
2024-05-09Pending sale$2,190,000
2024-03-19Listed for sale$2,190,000
2024-03-10Listing removed--
2023-09-10Listed for sale$2,500,000
2023-07-21Listing removed--
2022-09-13Price change$2,200,000
2022-07-25Listed for sale$2,450,000
2018-02-27Sold$2,000,000
2017-04-27Price change$2,350,000
2016-03-28Price change$2,650,000
2015-02-24Price change$2,850,000
2013-04-19Price change$3,150,000
2012-04-21Listed for sale$3,195,000
2000-05-03Sold$427,561

For Sale by Agent

AgentRobert Sameth Jr.
BrokerageTurpin Real Estate, Inc.

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