NOT LISTED FOR SALE

102 Pitney Place Unit 102 Morristown, NJ 07960

Estimated Value: $319,000 - $402,000

1 Bed
1 Bath
785 Sq Ft
$341/mo HOA Fee

Last Sold March 26, 2021

Last sale price $240,000 $306 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,493/month

89 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Thermal Windows
  • Hillcrest School Rated A-
  • Attic
  • Eat-In Kitchen

About This Home

As of March 2021

Why rent when you can own! Great investment opportunity too! Popular complex that's easy to downtown Morristown, Convent Train, highways & more. Hardwood floors, Full-size laundry in the unit too! HOA fee includes heat/HW, water, garbage & 1 assigned parking space. Front & back entrances for added security & privacy including the rear door from the kitchen to balcony & parking lot. Extra closets in the living room, walk-in closet in the bedroom, updated bath, attic storage too. 2 newer built-in ac's. Pet-friendly Township Village complex with pool, gazebo, and open space for grilling & relaxing outside too. Guest parking available.

Last Agent to Sell the Property

VALARIE ELLIS-FRIEDMAN

RE/MAX ACHIEVERS Listed on: 10/16/2020

RE/MAX ACHIEVERS

Last Buyer's Agent

MAUREEN TOYE

KELLER WILLIAMS CORNERSTONE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,319

Year Built

  • Built in 1963

Lot Details

  • 4,356

HOA Fees

  • $341 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 785 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Blinds
  • Family Room with entrance to outdoor space
  • Living Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Parking Lot
  • Assigned Parking

Schools

  • Woodland Elementary School
  • Frelghuysn Middle School
  • Mtwn 9-12 High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Cooling System Mounted In Outer Wall Opening
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Private Pool
  • Open Lot

Listing and Financial Details

  • Assessor Parcel Number 2322-08301-0000-00003-0000-C0102

Community Details

Overview

  • Association fees include heat, maintenance-common area, maintenance-exterior, snow removal, trash collection, water fees

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,319

Year Built

Built in 1963

Lot Details

0

HOA Fees

$341 per month

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1963
  • Year Built Description: Approximate
  • County Name: Morris
  • Directions: Madison Ave/Rt 124 to Pitney Place. Building entrance on Madison Ave for unit 102. Across from BMW/Mini
  • I D: 5025797
  • Section Subdiv Development: Township Village
  • First Name: VALARIE
  • First Name3: MAUREEN
  • Last Name: ELLIS-FRIEDMAN
  • Last Name3: TOYE
  • Office Phone: 973-377-5025
  • Office Phone3: 973.543.3500
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Vinyl-Linoleum, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Blinds, Fire Extinguisher, Smoke Detector, Walk-In Closet
  • Bedrooms: 1
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 14x10
  • Kitchen Level: Second
  • Living Room Dim: 17x13
  • Living Room Level: Second
  • Other Room 1: Laundry Room
  • Other Room1 Level: Second
  • Other Room 2: Attic
  • Other Room2 Level: Third
  • Level 2 Rooms: 1 Bedroom, Bath Main, Kitchen, Laundry Room, Living Room, OutEntrn
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 785
  • Ground Level Rooms: Vestibul
  • Phone: 973-701-1200

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Sidewalk, Storm Door(s), Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Assigned, Parking Lot-Shared

Utilities

  • Cooling: 2 Units, Wall A/C Unit(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Association
  • Utilities: Electric, Gas-Natural
  • Water: Association
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Pool-Outdoor
  • Association Maintenance Fee: 341
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Heat, Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection, Water Fees

Schools

  • High School: MTWN 9-12
  • Middle Jr High School: Frelghuysn

Lot Info

  • Lot Size: 0.0973 AC
  • Lot Description: Level Lot, Open Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.10
  • Zoning: RES

Rental Info

  • Pets Allowed: NumLimit, Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 3319
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-08301-0000-00003-0000-C0102
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.833
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Woodland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Mar 24, 2021
Sold by
Merkel John B and Merkel Melissa K
Bought by
Toye Kiersten M
Seller's Agent
VALARIE ELLIS-FRIEDMAN
RE/MAX ACHIEVERS
Buyer's Agent
MAUREEN TOYE
KELLER WILLIAMS CORNERSTONE
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$351,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,289
Avg. Annual Appreciation
8.48%
Original Mortgage
$232,800
Outstanding Balance
$209,734
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$141,555

Purchase Details

Closed on
Apr 21, 2008
Sold by
Bunio Robert F
Bought by
Merkel John B and Merkel Melissa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,900
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 1995
Sold by
Twp Assoc
Bought by
Gibbons Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Toye Kiersten M $240,000 Realsafe Title Llc
Toye Kiersten M $240,000 New Title Company Name
Merkel John B $240,000 None Available
Gibbons Joyce $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toye Kiersten M $232,800
Closed Toye Kiersten M $232,800
Previous Owner Merkel John B $165,900
Previous Owner Gibbons Joyce $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $240,000 -4.0% $306 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
10/16/2020 10/16/20 For Sale $250,000 -- $318 / 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 $3,626 $181,100 $115,000 $66,100
2024 $3,631 $181,100 $115,000 $66,100
2023 $3,631 $181,100 $115,000 $66,100
2022 $3,463 $181,100 $115,000 $66,100
2021 $3,463 $181,100 $115,000 $66,100
2020 $3,372 $181,100 $115,000 $66,100
2019 $3,320 $181,100 $115,000 $66,100
2018 $3,283 $181,100 $115,000 $66,100
2017 $3,262 $181,100 $115,000 $66,100
2016 $3,211 $181,100 $115,000 $66,100
2015 $3,043 $120,000 $70,000 $50,000
2014 $3,004 $120,000 $70,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3672680

Garden State MLS

APN: 22-08301-0000-00003-0000-C0102