$525,000
SOLD MAY 1, 2025

116 Western Ave Morristown, NJ 07960

3 Beds
2 Baths
1,372 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$383 Per Sq Ft

14% Above List Price

18 Days on Market

About This Home

As of May 2025

This home is located at 116 Western Ave, Morristown, NJ 07960 and is currently priced at $525,000, approximately $382 per square foot. This property was built in 1887. 116 Western Ave is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

Last Agent to Sell the Property

HEATHER SCHWEIZER

HOWARD HANNA RAND REALTY Brokerage Phone: 973-532-5727 Listed on: 03/11/2025

Last Buyer's Agent

VICTORIA MEECHAN

WEICHERT REALTORS CORP HQ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,115

Year Built

  • Built in 1887

Lot Details

  • 4,792 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,115

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Year Built: 1887
  • County Name: Morris
  • Street Number Display: 116
  • I D: 5343175
  • Modified: 2025-05-01
  • Number Images: 0
  • Attribution Contact: 973-532-5727
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: .112 AC
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2025
Closed on
Apr 4, 2025
Sold by
Fielding Sharon L
Bought by
Meechan Drew and Spelker Jessica
Seller's Agent
HEATHER SCHWEIZER
HOWARD HANNA RAND REALTY
Buyer's Agent
VICTORIA MEECHAN
WEICHERT REALTORS CORP HQ
List Price
$460,000
Sold Price
$525,000
Premium/Discount to List
$65,000
14.13%
Views
99
Current Estimated Value
$511,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,751
Avg. Annual Appreciation
-7.96%
Original Mortgage
$420,000
Outstanding Balance
$418,518
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$92,731

Purchase Details

Closed on
Oct 23, 2020
Sold by
Coutts Ilse Tracey
Bought by
Fielding Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2013
Closed on
Jun 27, 2013
Sold by
Huston Cora S and Brady Cora S
Bought by
Coutts Ilse Tracey
Seller's Agent
Richard Reck
COLDWELL BANKER REALTY
Buyer's Agent
Barry Coopersmith
RE/MAX FIRST CHOICE
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$204,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $525,000 Prestige Title
Deed $212,500 American Land Title
Deed $255,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 New Conventional
Previous Owner $42,500 Credit Line Revolving
Previous Owner $0 New Conventional
Previous Owner $204,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $525,000 +14.1% $383 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $460,000 +80.4% $335 / Sq Ft
06/27/2013 06/27/13 Sold $255,000 -- $186 / 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 $5,115 $255,500 $163,500 $92,000
2024 $5,123 $255,500 $163,500 $92,000
2023 $5,123 $255,500 $163,500 $92,000
2022 $4,885 $255,500 $163,500 $92,000
2021 $4,885 $255,500 $163,500 $92,000
2020 $4,757 $255,500 $163,500 $92,000
2019 $4,683 $255,500 $163,500 $92,000
2018 $4,632 $255,500 $163,500 $92,000
2017 $4,602 $255,500 $163,500 $92,000
2016 $4,530 $255,500 $163,500 $92,000
2015 $4,933 $194,500 $100,100 $94,400
2014 $4,868 $194,500 $100,100 $94,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3950287

Garden State MLS

APN: 22-05502-0000-00003