NOT LISTED FOR SALE

1201 Mount Kemble Ave Morristown, NJ 07960

Estimated Value: $2,528,525

-- Bed
-- Bath
-- Sq Ft
2.53 Acres

About This Home

This home is located at 1201 Mount Kemble Ave, Morristown, NJ 07960 and is currently priced at $2,528,525. 1201 Mount Kemble Ave is a home located in Morris County with nearby schools including Harding Township School, Mendham Country Day School, and The School of Saint Elizabeth.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2025
Sold by
1201 Mt Kemble Llc
Bought by
Ppmk Properties Llc
Current Estimated Value
$2,528,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,630,000
Outstanding Balance
$1,622,765
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2018
Sold by
Cromwell Ralston Llc
Bought by
1201 Mt Kemble Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,830,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 2008
Sold by
Cromwell Ralston Llc
Bought by
Kfr Associates Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Ppmk Properties Llc $2,625,000 None Listed On Document
Ppmk Properties Llc $2,625,000 None Listed On Document
1201 Mt Kemble Llc $2,440,000 None Available
Kfr Associates Llc $1,421,560 Century Inter County Title A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ppmk Properties Llc $1,630,000
Closed Ppmk Properties Llc $1,630,000
Previous Owner 1201 Mt Kemble Llc $1,830,000
Source: Public Records

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 $27,784 $2,327,000 $1,001,000 $1,326,000
2024 $26,900 $2,327,000 $1,001,000 $1,326,000
2023 $26,900 $2,327,000 $1,001,000 $1,326,000
2022 $25,830 $2,327,000 $1,001,000 $1,326,000
2021 $25,830 $2,327,000 $1,001,000 $1,326,000
2020 $25,457 $2,327,000 $1,001,000 $1,326,000
2019 $20,010 $1,737,000 $921,600 $815,400
2018 $19,628 $1,737,000 $921,600 $815,400
2017 $19,524 $1,737,000 $921,600 $815,400
2016 $19,211 $1,737,000 $921,600 $815,400
2015 $18,760 $1,737,000 $921,600 $815,400
2014 $18,117 $1,737,000 $921,600 $815,400
Source: Public Records

Map

New Jersey Morris County Morristown 07960

1201 Mount Kemble Ave, Morristown, NJ

Not Listed for Sale

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