NOT LISTED FOR SALE

128 Mountain Way Morris Plains, NJ 07950

Estimated Value: $685,000 - $751,289

3 Beds
2 Baths
1,226 Sq Ft
$592/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $702,000 $573 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,672/month

8 Days on Market

About This Home

As of May 2023

This home is located at 128 Mountain Way, Morris Plains, NJ 07950 since 04 April 2023 and is currently estimated at $725,822, approximately $592 per square foot. This property was built in 1953. 128 Mountain Way is a home located in Morris County with nearby schools including Mountain Way Elementary School, Borough School, and The Red Oaks School.

Last Agent to Sell the Property

Ryan Dougherty

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-7360 Listed on: 04/04/2023

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

DARLENE JELEN

BHHS ABBOTT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,844

Year Built

  • Built in 1953

Lot Details

  • 1.38 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,844

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Year Built: 1953
  • County Name: Morris
  • Street Number Display: 128
  • I D: 5212963
  • Modified: 2024-05-09
  • Number Images: 1
  • Attribution Contact: 973-310-7360
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 1.377 AC
  • Total Acres: 1.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
May 3, 2023
Sold by
Leonhard Mark Richard
Bought by
Gary Mansfield 1997 Revocable Trust
Seller's Agent
Ryan Dougherty
COMPASS NEW JERSEY, LLC
Buyer's Agent
DARLENE JELEN
BHHS ABBOTT REALTORS
List Price
$599,999
Sold Price
$702,000
Premium/Discount to List
$102,001
17%
Total Days on Market
8
Current Estimated Value
$725,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,822
Avg. Annual Appreciation
3.50%

Purchase Details

Closed on
Mar 21, 2020
Sold by
Madara James C and Madara Bernadette Bouchard
Bought by
Leonhard Mark Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,150
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2016
Sold by
Madara James C and Madara Bernadette Bouchard
Bought by
Madara James C and Madara Bernadette Bouchard

Purchase Details

Closed on
May 27, 2009
Sold by
Pallotta Robert F and Pallotta Jacqueline
Bought by
Madara James C and Madara Bernadette Bouchard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.83%
Mortgage Type
Stand Alone First
Source: Public Records

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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
Gary Mansfield 1997 Revocable Trust $702,000 Elite Title Group
Leonhard Mark Richard $516,000 Chicago Title Insurance Co
Madara James C -- None Available
Madara James C $442,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leonhard Mark Richard $480,150
Previous Owner Madara James C $305,000
Previous Owner Madara James C $320,000
Previous Owner Madara James C $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $702,000 +17.0% $573 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $599,999 +16.3% $489 / Sq Ft
06/16/2020 06/16/20 Sold $516,000 +8.6% $421 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $475,000 -- $387 / 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
2024 $9,844 $393,900 $241,900 $152,000
2023 $9,844 $393,900 $241,900 $152,000
2022 $9,647 $393,900 $241,900 $152,000
2021 $9,647 $393,900 $241,900 $152,000
2020 $9,406 $393,900 $241,900 $152,000
2019 $9,225 $393,900 $241,900 $152,000
2018 $8,926 $393,900 $241,900 $152,000
2017 $8,749 $393,900 $241,900 $152,000
2016 $8,441 $393,900 $241,900 $152,000
2015 $8,481 $393,900 $241,900 $152,000
2014 $8,382 $393,900 $241,900 $152,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3836593

Garden State MLS

APN: 23-00042-0000-00001-08