NOT LISTED FOR SALE

1 Waters Edge Rd Morristown, NJ 07960

Estimated Value: $1,767,000 - $2,348,000

5 Beds
6.5 Baths
6,282 Sq Ft
$340/Sq Ft Est. Value

Last Sold February 25, 2020

Last sale price $1,225,000 $195 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $14,751/month

229 Days on Market

Highlights

  • Private Waterfront
  • Home Theater
  • Sitting Area In Primary Bedroom
  • Mendham Township Elementary School Rated A-
  • Heated In Ground Pool
  • Custom Home

About This Home

As of February 2020

Absolutely magnificent, one-of-a-kind brick-front Center Hall Colonial set back proudly on a secluded, tree-lined cul-de-sac in an exclusive Mendham Twp estate location. 15 rooms, 5 bedrooms, 6 1/2 baths, library, den/sunroom, family room, dining room & stunning designer kitchen--this impeccable home offers over 6,280 sq ft of luxury living space on 2 capacious floors, plus a newer, breathtaking finished lower level. Superb 2nd fl features 5 luxurious bedrooms-all with en suite full baths. Finished lower level boasts walkout to pool area & showcases a spectacular media room w the look & feel of an actual movie theater, exercise room, complete kitchen, and full bath, plus craft room that can double as an au pair or in-law suite! Ipe hardwood deck, heated I/G pool ,private level 3.05 acres, & 4 car garage!

Last Agent to Sell the Property

EILEEN SCOTT

WEICHERT REALTORS Listed on: 05/23/2019

Last Buyer's Agent

SHARON HUGHES

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,212

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • 3.05 Acre Lot
  • Private Waterfront
  • Cul-De-Sac
  • Fenced
  • Level Lot
  • Sprinkler System

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Paver Block
  • Additional Parking

Home Design

  • Custom Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Slate Roof
  • Clapboard
  • Tile

Interior Spaces

  • 6,282 Sq Ft Home
  • Sound System
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Library
  • Recreation Room
  • Game Room
  • Home Gym
  • Laundry Room
  • Attic

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Patio

Schools

  • Mendham Elementary And Middle School
  • W.M.Mendham High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2319-00118-0000-00010-0002-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,212

Year Built

Built in 2001 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Style: Colonial, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2001
  • Year Built Description: Renovated
  • County Name: Morris
  • Easements Description: Drainage/cons
  • Exclusions: Washer/dryer, DR Chandelier,exercise room tv, Sonos
  • Renovated Year: 2013
  • Street Number Display: 1
  • Directions: Rt 24 W; Rt onto Cold Hill Rd, Left onto Waters Edge Rd (just before reservoir)
  • I D: 4900463
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Waters Edge
  • First Name: EILEEN
  • First Name3: SHARON
  • Last Name: SCOTT
  • Last Name3: HUGHES
  • Office Phone: 973 543-1366 ext 237
  • Office Phone3: 973-543-6511
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2013

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Great Room
  • Number of Fireplaces: 2
  • Appliances: Central Vacuum, Generator-Built-In, Range/Oven-Gas, OvnWElec, Refrigerator, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Microwave Oven, Sump Pump
  • Interior Amenities: TubShowr, Beam Ceilings, StallShw, Walk-In Closet, Security System, StallTub, Window Treatments, Carbon Monoxide Detector, High Ceilings, Skylight, Stereo System, Cathedral Ceiling
  • Number Rooms: 15
  • Bedrooms: 5
  • Master Bedroom Desc: Sitting Room, 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 And Tub
  • Bathrooms: 6.10
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Walkout, Finished, Full
  • Basement Level Rooms: Walkout, GameRoom, Exercise Room, Bath(s) Other, Family Room, Kitchen, Media Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Kitchen, Living Room, FamilyRm, SepEnter, Full Bath
  • Kitchen Area: Center Island, Pantry, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 22x16
  • Kitchen Level: First
  • Living Room Dim: 15x15
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 16x15
  • Other Room1 Level: Second
  • Other Room 2: Library
  • Other Room2 Dim: 17x15
  • Other Room2 Level: First
  • Other Room 3: Foyer
  • Other Room3 Dim: 16x12
  • Other Room3 Level: First
  • Level 1 Rooms: Laundry Room, Foyer, Library, Den, Living Room, Pantry, Dining Room, Great Room, Powder Room, Bath(s) Other, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 6282
  • Phone: 973-543-6511

Exterior Features

  • Exterior Description: Brick, Clapboard
  • Exterior Features: Underground Lawn Sprinkler, Patio, Metal Fence, Deck
  • Pool: Yes
  • Pool Description: In-Ground Pool, Heated
  • Roof Description: Imitation Slate

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 4
  • Parking Driveway Description: 1 Car Width, Additional Parking, Paver Block, Blacktop, Circular

Utilities

  • Cooling: Central Air, 4 Units
  • Fuel Type: Gas-Natural
  • Heating: 4 Units, Forced Hot Air
  • Sewer: Septic 5+ Bedroom Town Verified, Septic
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Mendham
  • Middle School: Mendham
  • High School: W.M.Mendham
  • High School: W.M.Mendham
  • Middle Jr High School: Mendham

Lot Info

  • Lot Size: 3.050 AC
  • Assessed Improvement Value: 797500
  • Assessed Land Value: 602500
  • Assessment: 1400000
  • Easement: Yes
  • Lot Description: Backs to Park Land, Level Lot, Cul-De-Sac, Waterfront
  • Lot Identifier: 10.2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 3.05
  • Zoning: residential

Tax Info

  • Tax Acres: *
  • Assessed Land Value: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 30212
  • Assessor Parcel Number: 2319-00118-0000-00010-0002-
  • Tax Rate Amount: 2.117
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year: 2019

MLS Schools

  • Grade School: Mendham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2019
Sold by
James Mark R and James Tammy S
Bought by
Mueller Thomas and Davis Jill L
Current Estimated Value
$2,132,845

Purchase Details

Closed on
Jan 21, 2011
Sold by
Mendes Anthony A
Bought by
Vandover Patricia

Purchase Details

Closed on
Jul 28, 2005
Sold by
Peristein Robert
Bought by
Wilks Martyn and Wilks Gillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 9, 2001
Sold by
Grant Homes Llc
Bought by
Perlstein Robert and Perlstein Kathleen
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
Mueller Thomas $1,225,000 Fidelity National Ttl Ins Co
Vandover Patricia $100,000 None Available
Wilks Martyn $2,400,000 --
Perlstein Robert $1,700,000 --
Perlstein Robert $1,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mark & Tammy James Family Trust $999,900
Previous Owner Wilks Martyn $1,920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2020 02/25/20 Sold $1,225,000 -12.4% $195 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
11/01/2019 11/01/19 Price Changed $1,399,000 -12.6% $223 / Sq Ft
05/23/2019 05/23/19 For Sale $1,599,999 -- $255 / 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
2024 $35,659 $1,894,200 $501,000 $1,393,200
2023 $35,659 $1,707,000 $428,800 $1,278,200
2022 $30,982 $1,803,600 $415,800 $1,387,800
2021 $30,982 $1,400,000 $602,500 $797,500
2020 $30,786 $1,400,000 $602,500 $797,500
2019 $35,823 $1,660,000 $602,500 $1,057,500
2018 $35,142 $1,660,000 $602,500 $1,057,500
2017 $34,329 $1,660,000 $602,500 $1,057,500
2016 $34,279 $1,660,000 $602,500 $1,057,500
2015 $33,648 $1,660,000 $602,500 $1,057,500
2014 $35,351 $1,784,500 $602,500 $1,182,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3559520

Garden State MLS

APN: 19-00118-0000-00010-02