NOT LISTED FOR SALE

11 Jacob Arnold Rd Morristown, NJ 07960

Estimated Value: $1,729,000 - $1,966,000

5 Beds
5.5 Baths
5,077 Sq Ft
$361/Sq Ft Est. Value

Last Sold January 11, 2023

Last sale price $1,535,000 $302 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $11,519/month

6 Days on Market

Highlights

  • Heated In Ground Pool
  • Sauna
  • 3.07 Acre Lot
  • Hillcrest School Rated A-
  • Sitting Area In Primary Bedroom
  • Colonial Architecture

About This Home

As of January 2023

Not just a house, but a lifestyle! Gorgeous five-bedroom custom colonial located in the Washington Valley section. Renovated by the current owner, this home has something for everyone. First floor primary bedroom suite with fireplace, private patio and lots of closet space. Newly renovated gourmet kitchen with high-end appliances, custom cabinetry and unique "wood form" concrete top center island. Separate in-law suite with dedicated staircase, bedroom, full bath, and living room. Amazing indoor heated pool with two swim jets for lap swimming, hot tub, sauna and retractable roof for use in warmer months. Expansive basement with game room, rec room, bar room, gym, office and walk-in 1,200 bottle wine cellar (seller to include three cases of wine!). Latest additions include 23KW whole house generator, WIFI controlled sprinkler system, outdoor lighting, storage organizers installed in fifteen closets and fireplaces converted to gas in the family room and primary bedroom. Charming details like new crown molding & wainscotting. The grounds are set on just over three acres. A bucolic setting with many mature trees, calming stream with waterfall, and bridge to gazebo. A perfect spot for morning coffee! Owner has improved the yard with new trees, perennials, retaining walls & bluestone paths. Ideal location with quiet and peaceful surroundings yet a quick 3-mile jaunt to Downtown Morristown, NYC Train, Patriot's Path and Lewis Morris Park. This home is truly "move-in condition!"

Last Agent to Sell the Property

Ryan Dawson

WEICHERT REALTORS Brokerage Phone: 973-768-7468 Listed on: 10/17/2022

WEICHERT REALTORS

Last Buyer's Agent

Jo-Anne Johnson

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,716

Year Built

  • Built in 1980

Lot Details

  • 3.07 Acre Lot
  • Fenced
  • Level Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Clapboard
  • Tile

Interior Spaces

  • 5,077 Sq Ft Home
  • Wet Bar
  • Dry Bar
  • High Ceiling
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Game Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Sauna
  • Home Gym
  • Carbon Monoxide Detectors
  • Attic

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • In-Law or Guest Suite
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • French Drain

Outdoor Features

  • Heated In Ground Pool
  • Stream or River on Lot
  • Deck
  • Patio
  • Gazebo

Schools

  • K-2;3-5 Elementary School
  • Frelghuysn Middle School
  • Morristown High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Radiator
  • Radiant Heating System
  • Standard Electricity
  • Gas Water Heater

Community Details

  • Community Indoor Pool

Listing and Financial Details

  • Assessor Parcel Number 2322-03404-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,716

Year Built

Built in 1980

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1980
  • Year Built Description: Approximate
  • County Name: Morris
  • Easements Description: Stream
  • Exclusions: See Ryan Dawson for complete list of exclusions
  • Renovated Year: 2018
  • Street Number Display: 11
  • Directions: Sussex to Gaston to Jacob Arnold or Washington Valley Road to Gaston to Jacob Arnold
  • I D: 5180427
  • Modified: 2024-01-12
  • Number Images: 48
  • Section Subdiv Development: Washington Valley Section
  • First Name: RYAN
  • First Name3: JO-ANNE
  • Last Name: DAWSON
  • Last Name3: JOHNSON
  • Attribution Contact: 973-768-7468
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Bedroom 1, Family Room, Gas Fireplace, Wood Burning, Wood Stove-Freestanding
  • Number of Fireplaces: 3
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Dishwasher, Generator-Built-In, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump, OvnWElec
  • Interior Amenities: Bar-Dry, Bar-Wet, Blinds, High Ceilings, Hot Tub, JacuzTyp, Sauna, Security System, Skylight, StallTub, TubShowr, Walk-In Closet
  • Number Rooms: 13
  • Bedrooms: 5
  • Master Bedroom Desc: 1st Floor, Dressing Room, Fireplace, Full Bath, Sitting Room
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub, Stall Shower
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, French Drain, Walkout
  • Basement Level Rooms: Bath(s) Other, Exercise Room, GameRoom, Leisure, Office, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath, Kitchen, Living Room, SepEnter
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry
  • Kitchen Dim: 23x15
  • Kitchen Level: First
  • Living Room Dim: 22x16
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 14x10
  • Other Room1 Level: Second
  • Other Room2 Dim: 22x20
  • Other Room2 Level: Second
  • Other Room 3: Game Room
  • Other Room3 Dim: 49x14
  • Other Room3 Level: Basement
  • Other Room 4: Leisure Room
  • Other Room4 Dim: 29x15
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath Main, Bath(s) Other, Dining Room, Family Room, Foyer, GarEnter, Kitchen, Laundry Room, Living Room, MudRoom, Pantry, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Attic, Bath Main, Bath(s) Other, Kitchen, SeeRem
  • Estimated Sq Ft: 5077
  • Phone: 973-539-8000

Exterior Features

  • Exterior Description: Brick, Clapboard, Wood
  • Exterior Features: Deck, Gazebo, Metal Fence, Patio, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: Heated, In-Ground Pool, Indoor Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, Oversize Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Electric, Gas-Natural
  • Heating: 3 Units, Forced Hot Air, Radiant - Electric, Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: K-2;3-5
  • Middle School: Frelghuysn
  • High School: Morristown
  • High School: Morristown
  • Middle Jr High School: Frelghuysn

Lot Info

  • Lot Size: 3.074 AC
  • Assessed Improvement Value: 641400
  • Assessed Land Value: 389800
  • Assessment: 1031200
  • Easement: Yes
  • Lot Description: Level Lot, Stream On Lot, Wooded Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 3.07

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 19716
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-03404-0000-00003-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.912
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: K-2;3-5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Jan 9, 2023
Sold by
Hurley Gregory F and Hurley Susan K
Bought by
Chang Grace S
Seller's Agent
Ryan Dawson
WEICHERT REALTORS
Buyer's Agent
Jo-Anne Johnson
COLDWELL BANKER REALTY
List Price
$1,495,000
Sold Price
$1,535,000
Premium/Discount to List
$40,000
2.68%
Views
48
Current Estimated Value
$1,831,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,537
Avg. Annual Appreciation
6.68%
Original Mortgage
$935,000
Outstanding Balance
$905,500
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$926,037

Purchase Details

Closed on
Jan 9, 2020
Sold by
Hurley Gregory F and Hurley Susan K
Bought by
Hurley Gregory F

Purchase Details

Listed on
Oct 10, 2016
Closed on
Feb 15, 2017
Sold by
Rolin Eric C and Rolin Claire M
Bought by
Hurley Gregory F and Sadowski Susan K
Seller's Agent
Ryan Bruen
COLDWELL BANKER REALTY
Buyer's Agent
MICHAEL ELMS
WEICHERT REALTORS CORP HQ
List Price
$1,014,000
Sold Price
$920,000
Premium/Discount to List
-$94,000
-9.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Original Mortgage
$600,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 18, 1997
Sold by
Rafizadeh Farhad
Bought by
Rolin Eric C and Rolin Claire M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

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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
Chang Grace S $1,535,000 Realsafe Title
Chang Grace S $1,535,000 Realsafe Title
Hurley Gregory F -- Cornerstone Title Agency Llc
Hurley Gregory F $920,000 Kenworth Title Llc
Rolin Eric C $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Grace S $935,000
Closed Chang Grace S $935,000
Previous Owner Hurley Gregory F $600,000
Previous Owner Rolin Eric C $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2023 01/11/23 Sold $1,535,000 +2.7% $302 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $1,495,000 +62.5% $294 / Sq Ft
02/28/2017 02/28/17 Sold $920,000 -9.3% $203 / Sq Ft
12/30/2016 12/30/16 Pending -- -- --
10/10/2016 10/10/16 For Sale $1,014,000 -- $223 / 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 $21,702 $1,084,000 $389,800 $694,200
2024 $20,676 $1,084,000 $389,800 $694,200
2023 $20,676 $1,031,200 $389,800 $641,400
2022 $19,717 $1,031,200 $389,800 $641,400
2021 $19,717 $1,031,200 $389,800 $641,400
2020 $19,201 $1,031,200 $389,800 $641,400
2019 $18,902 $1,031,200 $389,800 $641,400
2018 $18,190 $1,003,300 $389,800 $613,500
2017 $20,108 $1,116,500 $389,800 $726,700
2016 $19,796 $1,116,500 $389,800 $726,700
2015 $23,795 $938,300 $331,600 $606,700
2014 $23,486 $938,300 $331,600 $606,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3813151

Garden State MLS

APN: 22-03404-0000-00003