NOT LISTED FOR SALE

1 Shady Ln Morristown, NJ 07960

Estimated Value: $878,000 - $1,168,382

6 Beds
4.5 Baths
2,963 Sq Ft
$338/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $640,000 $216 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,297/month

42 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Thermal Windows
  • Hillcrest School Rated A-
  • Den
  • Eat-In Country Kitchen

About This Home

As of August 2021

RARE OPPORTUNITY IN DOWNTOWN MORRISTOWN! 6 BEDROOMS, 4 1/2 BATHROOMS, INCLUDING A 2 BEDROOM IN-LAW SUITE. ALMOST 3,000 SQ.FT. OF LIVING SPACE. MULTI-GENERATIONAL PARADISE WITH ENDLESS POSSIBILITIES! THIS WONDERFUL HOME WAS RENOVATED IN 2017. FEATURES AN OPEN, SPACIOUS, FLOOR PLAN, HARDWOOD FLOORING, AND A 4 ROOM IN-LAW SUITE WITH SEPARATE ENTRANCE, WET BAR, LIVING ROOM, FULL BATHROOM AND 2 BEDROOMS. MAIN SECTION FEATURES A NEWER KITCHEN WITH STAINLESS APPLIANCES, MASTER BEDROOM SUITE WITH FULL BATHROOM, 2 EN SUITES, GENEROUS LIVING SPACE MAKES THIS HOME GREAT FOR ENTERTAINING. OTHER RECENT UPDATES INCLUDE FORCED AIR FURNACE AND CENTRAL AIR CONDITIONING. BBQ IN YOUR PRIVATE, REAR YARD WITH PAVER PATIO WHILE ONLY MINUTES FROM DOWNTOWN MORRISTOWN, WALK TO RESTAURANTS, SHOPPING AND PUBLIC TRANSPORTATION. HURRY!

Last Agent to Sell the Property

Joseph Morreale

RE/MAX SELECT Listed on: 05/14/2021

RE/MAX SELECT

Last Buyer's Agent

Audrey Porter Plummer

RE/MAX SELECT

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,685

Year Built

  • Built in 1960

Lot Details

  • 10,019 Sq Ft Lot
  • Wood Fence
  • Corner Lot
  • Open Lot

Parking

  • 1 Car Attached Garage
  • Private Driveway

Home Design

  • Wood Siding
  • Tile

Interior Spaces

  • 2,963 Sq Ft Home
  • Thermal Windows
  • Window Treatments
  • Family Room
  • Living Room
  • Den
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Country Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Forced Air Zoned Heating System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2324-04002-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,685

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Style: Split Level
  • Primary Style: Split Level
  • Subproperty Type: Single Family
  • Year Built: 1960
  • Year Built Description: Approximate
  • County Name: Morris
  • Possible Other Uses: Home-Office
  • Renovated Year: 2017
  • Street Number Display: 1
  • Directions: 1 SHADY LANE, MORRISTOWN
  • I D: 5071525
  • Modified: 2022-08-18
  • Number Images: 25
  • First Name: JOSEPH
  • First Name3: AUDREY
  • Last Name: MORREALE
  • Last Name3: PORTER PLUMMER
  • Office Phone: 973-390-3326
  • Office Phone3: 973-539-6300
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Range/Oven-Electric, Range/Oven-Gas, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, StallTub, Window Treatments
  • Number Rooms: 12
  • Bedrooms: 6
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Ground
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Den Level: Ground
  • Family Room Level: Ground
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 2, Full Bath, Living Room, SepEnter
  • Kitchen Area: Center Island, Country Kitchen, Eat-In Kitchen
  • Kitchen Dim: 21x13
  • Kitchen Level: First
  • Living Room Dim: 19x13
  • Living Room Level: First
  • Other Room 1: LivingRm
  • Other Room1 Dim: 14x14
  • Other Room1 Level: First
  • Other Room 2: Bedroom/Office
  • Other Room2 Dim: 13x9
  • Other Room2 Level: Second
  • Other Room 3: Bedroom/Office
  • Other Room3 Dim: 14x11
  • Other Room3 Level: Second
  • Level 1 Rooms: Bath(s) Other, Kitchen, Living Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main
  • Estimated Sq Ft: 2963
  • Ground Level Rooms: 1 Bedroom, Den, Family Room
  • Phone: 973-625-0450

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Patio, Thermal Windows/Doors, Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop, Driveway-Exclusive

Utilities

  • Cooling: 3 Units
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 71X141
  • Assessed Improvement Value: 228100
  • Assessed Land Value: 211900
  • Assessment: 440000
  • Easement: Unknown
  • Lot Description: Corner, Open Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.23
  • Zoning: RESIDENTIAL

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12685
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2324-04002-0000-00003-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.883
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Aug 10, 2021
Sold by
Hernando Michael T and Hernando Connie Ann
Bought by
Samuels Bonita
Seller's Agent
Joseph Morreale
RE/MAX SELECT
Buyer's Agent
Audrey Porter Plummer
RE/MAX SELECT
List Price
$649,900
Sold Price
$640,000
Premium/Discount to List
-$9,900
-1.52%
Current Estimated Value
$1,001,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,346
Avg. Annual Appreciation
10.86%
Original Mortgage
$618,640
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 18, 2018
Closed on
Oct 4, 2018
Sold by
The Class Of 29 Llc
Bought by
Hernando Michael T and Hernando Connie Ann
Seller's Agent
Lisa Molinari
WEICHERT REALTORS
Buyer's Agent
Ryan Dougherty
COMPASS NEW JERSEY, LLC
List Price
$649,000
Sold Price
$519,000
Premium/Discount to List
-$130,000
-20.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$441,150
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2017
Sold by
2 Guys From Motown
Bought by
The Class Of 29 Llc

Purchase Details

Listed on
Sep 12, 2016
Closed on
Dec 13, 2016
Sold by
Maffel Cristina and Sagaramella Anthony
Bought by
2 Guys From Motown
Seller's Agent
Lisa Molinari
WEICHERT REALTORS
Buyer's Agent
Lisa Molinari
WEICHERT REALTORS
List Price
$365,000
Sold Price
$325,000
Premium/Discount to List
-$40,000
-10.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Samuels Bonita $640,000 Title Evolution
Hernando Michael T $519,000 None Available
The Class Of 29 Llc -- Prosperity Title Group Llc
2 Guys From Motown $325,000 Property Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Samuels Bonita $618,640
Previous Owner Hernando Michael T $441,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $640,000 -1.5% $216 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $649,900 +25.2% $219 / Sq Ft
10/04/2018 10/04/18 Sold $519,000 -20.0% $175 / Sq Ft
09/19/2018 09/19/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $649,000 +99.7% $219 / Sq Ft
12/13/2016 12/13/16 Sold $325,000 -11.0% $110 / Sq Ft
10/28/2016 10/28/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $365,000 -- $123 / 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 $11,871 $753,700 $354,400 $399,300
2024 $12,786 $753,700 $354,400 $399,300
2023 $12,786 $440,000 $211,900 $228,100
2022 $12,637 $440,000 $211,900 $228,100
2021 $12,637 $440,000 $211,900 $228,100
2020 $12,685 $440,000 $211,900 $228,100
2019 $9,392 $325,900 $211,900 $114,000
2018 $9,272 $325,900 $211,900 $114,000
2017 $8,995 $325,900 $211,900 $114,000
2016 $8,763 $325,900 $211,900 $114,000
2015 $11,550 $440,000 $211,900 $228,100
2014 $11,422 $440,000 $211,900 $228,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3712265

Garden State MLS

APN: 24-04002-0000-00003