NOT LISTED FOR SALE

108 Pitney Place Morristown, NJ 07960

Estimated Value: $324,000 - $336,000

1 Bed
1 Bath
745 Sq Ft
$349/mo HOA Fee

Last Sold November 30, 2021

Last sale price $238,000 $319 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,428/month

11 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Walk-In Closet
  • Hillcrest School Rated A-
  • Eat-In Kitchen
  • Living Room

About This Home

As of November 2021

Great opportunity for investors or owner occupants looking to keep monthly payments down and make their own updates. This 1 bedroom, 1 bath condo is located approximately one mile from downtown Morristown and has close proximity to major highways (Routes 287, 80, 280, 78, 24), midtown direct train line, and Morristown Memorial Hospital. Convenient to shopping, restaurants, public/private schools, universities and parks. Heat, gas, and water are included in HOA fees. Pet friendly neighborhood.

Last Agent to Sell the Property

Kelly Holmquist

KELLER WILLIAMS METROPOLITAN Listed on: 10/11/2021

KELLER WILLIAMS METROPOLITAN

Co-Listed By

KEVIN KARCICH

KELLER WILLIAMS METROPOLITAN

Last Buyer's Agent

Amani Ghebreal

WEICHERT REALTORS

WEICHERT REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,325

Year Built

  • Built in 1963

Lot Details

  • 3,920

HOA Fees

  • $349 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Parking Lot
  • Assigned Parking

Pool

Schools

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

Utilities

  • Window Unit Cooling System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2322-08301-0000-00003-0000-C0108
  • Tax Block *

Community Details

Overview

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

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,325

Year Built

Built in 1963

Lot Details

0

HOA Fees

$349 per month

Listing Details

  • Style: First Floor Unit, One Floor Unit
  • Primary Style: First Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1963
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 108
  • Directions: Madison Avenue (Rt 124) to Township Village, unit is on left side first building
  • I D: 5108203
  • Modified: 2022-12-01
  • Number Images: 4
  • Section Subdiv Development: Township Village
  • First Name: KELLY
  • First Name2: KEVIN
  • First Name3: AMANI
  • Last Name: HOLMQUIST
  • Last Name2: KARCICH
  • Last Name3: GHEBREAL
  • Office Phone: 973-803-5403
  • Office Phone2: 908-867-7109
  • Office Phone3: 973-539-1120
  • Attribution Contact: 973-539-1120
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Vinyl-Linoleum, Wood
  • Appliances: Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Walk-In Closet
  • Number Rooms: 3
  • Bedrooms: 1
  • Master Bedroom Desc: 1st Floor, Walk-In Closet
  • Bedroom 1 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 13x10
  • Kitchen Level: First
  • Living Room Dim: 17x13
  • Living Room Level: First
  • Level 1 Rooms: 1 Bedroom, Bath Main, Kitchen, Living Room
  • Phone: 973-539-1120

Exterior Features

  • Exterior Description: Brick
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Pool-Outdoor
  • Association Maintenance Fee: 349
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Heat, Maintenance-Common Area, Snow Removal, Trash Collection, Water Fees

Schools

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

Lot Info

  • Lot Size: 0.0973 AC
  • Assessed Improvement Value: 58900
  • Assessed Land Value: 115000
  • Assessment: 173900
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.09

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: 3325
  • Assessor Parcel Number: 2322-08301-0000-00003-0000-C0108
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.912
  • Tax Rate Year: 2021
  • Tax Year: 2021

MLS Schools

  • Grade School: Woodland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Nov 24, 2021
Sold by
Paul Gnandt Frank
Bought by
Frankovich James and Frankovich Amy
Seller's Agent
Kelly Holmquist
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
Amani Ghebreal
WEICHERT REALTORS
List Price
$225,000
Sold Price
$238,000
Premium/Discount to List
$13,000
5.78%
Current Estimated Value
$330,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,791
Avg. Annual Appreciation
9.15%
Original Mortgage
$178,500
Interest Rate
2.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 1995
Sold by
T W P Asso
Bought by
Gnandt Frank
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
Frankovich James $238,000 Amtrust Title
Gnandt Frank $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frankovich James $178,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $238,000 +5.8% $319 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $225,000 -- $302 / 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 $3,481 $173,900 $115,000 $58,900
2024 $3,487 $173,900 $115,000 $58,900
2023 $3,487 $173,900 $115,000 $58,900
2022 $3,325 $173,900 $115,000 $58,900
2021 $3,325 $173,900 $115,000 $58,900
2020 $3,238 $173,900 $115,000 $58,900
2019 $3,188 $173,900 $115,000 $58,900
2018 $3,153 $173,900 $115,000 $58,900
2017 $3,132 $173,900 $115,000 $58,900
2016 $3,048 $171,900 $115,000 $56,900
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

  • Kelly Holmquist

    Seller's Agent in 2021

    Kelly Holmquist

    KELLER WILLIAMS METROPOLITAN

    (908) 451-4676

    21 in this area

    364 Total Sales

    Kelly Holmquist
    Section Image

  • K

    Seller Co-Listing Agent in 2021

    KEVIN KARCICH

    KELLER WILLIAMS METROPOLITAN

  • Amani Ghebreal

    Buyer's Agent in 2021

    Amani Ghebreal

    WEICHERT REALTORS

    (201) 650-1542

    2 in this area

    28 Total Sales

    Amani Ghebreal
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3745746

Garden State MLS

APN: 22-08301-0000-00003-0000-C0108

New Jersey Morris County Morristown 07960

108 Pitney Place, Morristown, NJ

This home is located at 108 Pitney Place, Morristown, NJ 07960 since 11 October 2021 and is currently estimated at $330,791, approximately $444 per square foot. This property was built in 1963. 108 Pitney Place is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

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