NOT LISTED FOR SALE

1 Merchant Ln Mendham, NJ 07945

Randolph Area

Estimated Value: $1,306,000 - $2,445,000

6 Beds
6 Baths
6,800 Sq Ft
$272/Sq Ft Est. Value

Sale Details

Date Sold: September 24, 2021

Last sale price $1,450,000 $213 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $12,598 / mo

About This Home

This home is located at 1 Merchant Ln, Mendham, NJ 07945 and is currently estimated at $1,850,566, approximately $272 per square foot. 1 Merchant Ln is a home located in Morris County with nearby schools including Randolph High School, Randolph Middle School, and Apple Montessori Schools and Camps - Randolph.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Sep 23, 2021
Sold by
Bought by
Seller's Agent
MICHELLE PAIS
SIGNATURE REALTY NJ
Buyer's Agent
Michele Carey
COMPASS NEW JERSEY, LLC
List Price
$1,599,000
Sold Price
$1,450,000
Premium/Discount to List
-$149,000
-9.32%
Current Estimated Value
$1,850,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,566
Avg. Annual Appreciation
5.10%
Original Mortgage
$1,160,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2019
Sold by
Bought by

Purchase Details

Closed on
Aug 23, 2016
Sold by
Bought by

Purchase Details

Closed on
Nov 26, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
7.12%
Mortgage Type
Stand Alone First
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Mendham, NJ

  • Lisa Molinari Real Estate Agent - WEICHERT REALTORS

    Lisa Molinari

    WEICHERT REALTORS

    (908) 402-4173

    70 Total Sales

    1 in Randolph

    $620,000 Price

    Lisa Molinari
     Section Image
  • Ashley Freitas Real Estate Agent - COMPASS NEW JERSEY, LLC

    Ashley Freitas

    Responds Quickly

    COMPASS NEW JERSEY, LLC

    (908) 443-9560

    104 Total Sales

    1 in Randolph

    $1,150,000 Price

    Ashley Freitas
     Section Image
  • Rosalie Tenseth Real Estate Agent - WEICHERT REALTORS

    Rosalie Tenseth

    Responds Quickly

    WEICHERT REALTORS

    (877) 840-5468

    41 Total Sales

    7 in Randolph

    $433K - $925K Price Range

    Rosalie Tenseth
     Section Image
  • Frederick Kolek Real Estate Agent - COMPASS NEW JERSEY LLC

    Frederick Kolek

    COMPASS NEW JERSEY LLC

    (862) 329-6724

    65 Total Sales

    3 in Randolph

    $465K - $525K Price Range

    Frederick Kolek
     Section Image
  • Joseph Eberle Real Estate Agent - WEICHERT REALTORS

    Joseph Eberle

    WEICHERT REALTORS

    (908) 341-1581

    181 Total Sales

    1 in Randolph

    $657,000 Price

    Joseph Eberle
     Section Image
  • Jill Cardullo Real Estate Agent - Weichert Realtors, Mendham

    Jill Cardullo

    Responds Quickly

    Weichert Realtors, Mendham

    (862) 701-4332

    61 Total Sales

    4 in Randolph

    $140K - $1.2M Price Range

    Jill Cardullo
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,450,000 Old Republic Natl Ttl Ins Co
-- Old Republic Natl Title Ins
-- None Available
$150,000 --
$875,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,160,000
Previous Owner $680,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2021 09/24/21 Sold $1,450,000 -9.3% $213 / Sq Ft View Prior Sale
06/30/2021 06/30/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $1,599,000 -- $235 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $29,106 $1,060,500 $345,700 $714,800
2025 $29,106 $1,028,100 $345,700 $682,400
2024 $28,376 $1,028,100 $345,700 $682,400
2023 $28,376 $1,028,100 $345,700 $682,400
2022 $27,154 $1,028,100 $345,700 $682,400
2021 $27,154 $1,023,900 $341,500 $682,400
2020 $26,877 $1,023,900 $341,500 $682,400
2019 $26,570 $1,023,900 $341,500 $682,400
2018 $26,232 $1,023,900 $341,500 $682,400
2017 $25,905 $1,023,900 $341,500 $682,400
2016 $30,396 $830,500 $221,300 $609,200
2015 $30,031 $830,500 $221,300 $609,200
2014 $29,566 $830,500 $221,300 $609,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    MICHELLE PAIS

    SIGNATURE REALTY NJ

  • M

    Buyer's Agent in 2021

    Michele Carey

    COMPASS NEW JERSEY, LLC

    (201) 741-0200

    17 Total Sales

    Michele Carey
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Map

New Jersey Morris County Mendham 07945

1 Merchant Ln, Mendham, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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