NOT LISTED FOR SALE

14 Mount Airy Place Morristown, NJ 07960

Estimated Value: $915,000 - $1,091,302

10 Beds
6 Baths
3,922 Sq Ft
$257/Sq Ft Est. Value

Last Sold April 05, 2023

Last sale price $850,000 $217 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,402/month

53 Days on Market

About This Home

As of April 2023

This Huge 3 Family located in Historic Morristown, 3 minutes from NYC trains, Rt 287 and 24 is waiting for you. Units A and B are 4 BR 2 Ba Multi floor units with extra large rooms and basement access. Unit C features 3 large BR and 1 Ba. Unit A basement is finished with full bath and Unit B basement is unfinished. This property has an oversized lot that backs to Willow St and is potentially sub-dividable to build another house fronting Willow St for buyers with vision and capital.

Last Agent to Sell the Property

Alberto Wells

America's Elite Group LLC Listed on: 07/22/2022

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,059

Lot Details

  • 0.29 Acre Lot

Home Design

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Community Details

  • No Laundry Facilities
  • Maintenance Expense $5,000

Listing and Financial Details

  • Legal Lot and Block 00009 / 02302

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,059

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 866-201-6210
  • MLS Status: Sold - Sold
  • Directions: From Martin Luther King to Mount Airy Pl
  • Architectural Style: 3 Family
  • Year Built Details: 2010's,Pre 1900,Renovated,Build Prior to 1978
  • PropertySubTypeAdditional: Mixedflr
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 10

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 12497.0

Multi Family

  • Maintenance Expense: 5000.0

Tax Info

  • Tax Annual Amount: 12059.0
  • Tax Block: 02302
  • Tax Lot: 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Mar 9, 2023
Sold by
Findley Janette
Bought by
Li Wei and Cai Ting
Seller's Agent
Alberto Wells
America's Elite Group LLC
Buyer's Agent
Outside Agent
Outside Office
List Price
$899,900
Sold Price
$850,000
Premium/Discount to List
-$49,900
-5.55%
Views
65
Current Estimated Value
$1,007,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,326
Avg. Annual Appreciation
6.89%
Original Mortgage
$460,000
Outstanding Balance
$444,545
Interest Rate
5.75%
Mortgage Type
Credit Line Revolving
Estimated Equity
$562,781

Purchase Details

Closed on
Mar 18, 2011
Sold by
Findley Janette and Findley Tommy R
Bought by
Findley Janette
Source: Public Records

Range of Values:

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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
Li Wei $850,000 None Listed On Document
Findley Janette -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Wei $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2023 04/05/23 Sold $850,000 -5.5% $217 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $899,900 -- $229 / Sq Ft
Source: New Jersey 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 $12,926 $820,700 $228,700 $592,000
2024 $12,156 $820,700 $228,700 $592,000
2023 $12,156 $418,300 $146,700 $271,600
2022 $12,014 $418,300 $146,700 $271,600
2021 $12,014 $418,300 $146,700 $271,600
2020 $12,060 $418,300 $146,700 $271,600
2019 $12,055 $418,300 $146,700 $271,600
2018 $11,901 $418,300 $146,700 $271,600
2017 $11,545 $418,300 $146,700 $271,600
2016 $11,248 $418,300 $146,700 $271,600
2015 $10,980 $418,300 $146,700 $271,600
2014 $10,859 $418,300 $146,700 $271,600
Source: Public Records

Agents Affiliated with this Home

  • Alberto Wells

    Seller's Agent in 2023

    Alberto Wells

    America's Elite Group LLC

    (973) 343-3433

    1 in this area

    41 Total Sales

    Alberto Wells
    Section Image

  • O

    Buyer's Agent in 2023

    Outside Agent

    Outside Office

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Map

Source: New Jersey MLS

MLS Number: 22027569

New Jersey MLS

APN: 24-02302-0000-00009

New Jersey Morris County Morristown 07960

14 Mount Airy Place, Morristown, NJ

This home is located at 14 Mount Airy Place, Morristown, NJ 07960 since 22 July 2022 and is currently estimated at $1,007,326, approximately $256 per square foot. 14 Mount Airy Place is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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