NOT LISTED FOR SALE

1 Gillespie Ln Morristown, NJ 07960

Estimated Value: $1,247,000 - $1,512,057

4 Beds
2.5 Baths
2,747 Sq Ft
$499/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $851,000 $310 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $8,666/month

67 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Hillcrest School Rated A-
  • Wooded Lot
  • Home Office

About This Home

As of July 2018

Gracious and expanded center hall colonial on cul-de-sac, located blocks from downtown Morristown. Heart of the home is the fabulous 31ft kitchen with separate dining area surrounded by windows. State of the art stainless appliances, Wolf cook top,Thermador double ovens/warming drawer, two prep areas each w/ sink and KitchenAid dishwashers,JennAir fridge, granite counters, desk, cherry cabinets and massive center island with off white glaze finishes. LR w/ FP, custom built-in cabinets/shelving, 23 ft DR w/doors to deck, first floor laundry and garage, Second floor incl 4 spacious bedrooms incl master with renovated master bath, and office. Two zone HVAC. paver walk/driveway, public water and sewer. Stroll into town, easy access to NJTransit via train/bus to NYC, 30 min to Newark International Airport.

Last Agent to Sell the Property

MARTHA MORITZ

COLDWELL BANKER REALTY Listed on: 03/09/2018

Last Buyer's Agent

Pamela Fairley

TURPIN REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,032

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • 0.51 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Paver Block

Home Design

  • Colonial Architecture
  • Composition Shingle
  • Clapboard
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

  • Woodland Elementary School
  • Frelghuysn Middle School
  • Morristown High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Zoned Heating and Cooling System
  • Generator Hookup
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2324-08802-0000-00002-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,032

Year Built

Built in 1966 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1966
  • Year Built Description: Renovated
  • County Name: Morris
  • Exclusions: Dining Room Chandelier
  • Renovated Year: 2007
  • Street Number Display: 1
  • Directions: James to Ogden to Vanderpool to Gillespie or Miller to L on Ogden to Vanderpool to Gillespie
  • I D: 4784296
  • Modified: 2021-09-23
  • Number Images: 22
  • Section Subdiv Development: In-Town
  • First Name: MARTHA
  • First Name3: PAMELA R
  • Last Name: MORITZ
  • Last Name3: FAIRLEY
  • Office Phone: 973-387-4024
  • Office Phone3: 973-635-7400 x102
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2007

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, OvnWElec, Generator-Hookup, Refrigerator, CookGas, Washer, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Cedar Closets, Walk-In Closet, Blinds, Fire Extinguisher, Window Treatments, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 11
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Basement Level Rooms: Utility Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Pantry, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 33x18
  • Kitchen Level: First
  • Living Room Dim: 27x14
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 10x9
  • Other Room1 Level: Second
  • Other Room 2: Foyer
  • Other Room2 Dim: 12x11
  • Other Room2 Level: First
  • Other Room 3: Laundry Room
  • Other Room3 Dim: 12x7
  • Other Room3 Level: First
  • Level 1 Rooms: Laundry Room, Foyer, Living Room, Dining Room, Family Room, Kitchen
  • Level 2 Rooms: Office, 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Phone: 973-267-8990

Exterior Features

  • Exterior Description: Clapboard, Composition Shingle
  • Exterior Features: Metal Fence, Curbs, Deck, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage, Pull Down Stairs
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Paver Block

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Humidifr, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Woodland
  • Middle School: Frelghuysn
  • High School: Morristown
  • High School: Morristown
  • Middle Jr High School: Frelghuysn

Lot Info

  • Lot Size: 22093SF
  • Assessed Improvement Value: 250200
  • Assessed Land Value: 330700
  • Assessment: 580900
  • Lot Description: Cul-De-Sac, Wooded Lot
  • Lot Identifier: 2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.51
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16032
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2324-08802-0000-00002-0000-
  • Tax Rate Amount: 2.760
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: Woodland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2018
Closed on
Jul 5, 2018
Sold by
Neddle Marcy R
Bought by
Dzikowski James E and Dzikowski Stephanie
Seller's Agent
MARTHA MORITZ
COLDWELL BANKER REALTY
Buyer's Agent
Pamela Fairley
TURPIN REAL ESTATE, INC.
List Price
$800,000
Sold Price
$851,000
Premium/Discount to List
$51,000
6.38%
Current Estimated Value
$1,370,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,014
Avg. Annual Appreciation
6.75%
Original Mortgage
$425,414
Outstanding Balance
$368,685
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,001,329

Purchase Details

Closed on
Dec 4, 2017
Sold by
Needle Micahle N and Needle Mare R
Bought by
Needle Marcey R

Purchase Details

Closed on
Jun 26, 2000
Sold by
Cheer Hyman and Cheer Jocelyn
Bought by
Needle Michael R and Needle Marcy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
8.59%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 4, 1998
Sold by
Cummings Douglas E and Cummings Eileen E
Bought by
Cherr Hyman and Cherr Jocelyn
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dzikowski James E $851,000 None Available
Needle Marcey R -- None Available
Needle Michael R $435,000 --
Cherr Hyman $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dzikowski James E $425,414
Previous Owner Needle Michael R $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2018 07/10/18 Sold $851,000 +6.4% $310 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $800,000 -- $291 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,081 $1,084,500 $550,400 $534,100
2024 $18,142 $1,084,500 $550,400 $534,100
2023 $18,142 $624,300 $330,700 $293,600
2022 $17,930 $624,300 $330,700 $293,600
2021 $17,930 $624,300 $330,700 $293,600
2020 $17,999 $624,300 $330,700 $293,600
2019 $16,742 $580,900 $330,700 $250,200
2018 $16,527 $580,900 $330,700 $250,200
2017 $16,033 $580,900 $330,700 $250,200
2016 $15,620 $580,900 $330,700 $250,200
2015 $15,249 $580,900 $330,700 $250,200
2014 $15,080 $580,900 $330,700 $250,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3452433

Garden State MLS

APN: 24-08802-0000-00002