NOT LISTED FOR SALE

15 Summit Rd Morristown, NJ 07960

Estimated Value: $931,000 - $1,101,000

5 Beds
4 Baths
2,442 Sq Ft
$424/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $950,000 $389 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,615/month

52 Days on Market

About This Home

As of September 2023

This home is located at 15 Summit Rd, Morristown, NJ 07960 since 06 June 2023 and is currently estimated at $1,036,079, approximately $424 per square foot. This property was built in 1963. 15 Summit Rd is a home located in Morris County with nearby schools including Mendham Township Elementary School, Mendham Township Middle School, and West Morris Mendham High School.

Last Agent to Sell the Property

Ryan Bruen

COLDWELL BANKER REALTY Brokerage Phone: 973-267-8990 Listed on: 06/06/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Ryan Bruen

COLDWELL BANKER REALTY Brokerage Phone: 973-267-8990 Listed on: 06/06/2023

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,459

Year Built

  • Built in 1963

Lot Details

  • 0.88 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,459

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Year Built: 1963
  • County Name: Morris
  • Street Number Display: 15
  • I D: 5223821
  • Modified: 2025-07-20
  • Number Images: 1
  • Attribution Contact: 973-267-8990
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 0.88 AC
  • Total Acres: 0.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Sep 5, 2023
Sold by
Ghelli Robert and Ghelli Amy
Bought by
Lamargese Giovanni and Knypinski Julia
Seller's Agent
Ryan Bruen
COLDWELL BANKER REALTY
Buyer's Agent
Ryan Bruen
COLDWELL BANKER REALTY
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%
Views
15
Current Estimated Value
$1,036,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,079
Avg. Annual Appreciation
4.32%
Original Mortgage
$854,904
Outstanding Balance
$781,545
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$254,534

Purchase Details

Listed on
Jan 23, 2012
Closed on
Jan 9, 2012
Sold by
Dillon John and Dillon Christine
Bought by
Ghelli Robert and Ghelli Amy
Seller's Agent
Gordon Crawford
KELLER WILLIAMS METROPOLITAN
Sold Price
$625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%
Original Mortgage
$500,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2007
Sold by
Dillon John and Dillon Christine
Bought by
Dillon John and Dillon Christine

Purchase Details

Closed on
May 17, 2006
Sold by
Norcia Vincent
Bought by
Dillon John and Dillon Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2003
Sold by
Holm Raymond
Bought by
Norcia Vincent and Norcia Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.02%
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
Lamargese Giovanni $950,000 Two Rivers Title
Lamargese Giovanni $950,000 Two Rivers Title
Ghelli Robert $625,000 Fidelity Natl Title Ins Co
Dillon John -- None Available
Dillon John $835,000 --
Norcia Vincent $590,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamargese Giovanni $854,904
Closed Lamargese Giovanni $854,904
Previous Owner Ghelli Robert $500,000
Previous Owner Dillon John $668,000
Previous Owner Norcia Vincent $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $950,000 -4.5% $389 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $995,000 +59.2% $407 / Sq Ft
01/23/2012 01/23/12 Sold $625,000 -- $256 / 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 $13,459 $672,300 $304,000 $368,300
2024 $12,744 $672,300 $304,000 $368,300
2023 $12,744 $635,600 $304,000 $331,600
2022 $11,862 $635,600 $304,000 $331,600
2021 $11,862 $620,400 $304,000 $316,400
2020 $11,552 $620,400 $304,000 $316,400
2019 $11,372 $620,400 $304,000 $316,400
2018 $11,248 $620,400 $304,000 $316,400
2017 $11,173 $620,400 $304,000 $316,400
2016 $11,000 $620,400 $304,000 $316,400
2015 $11,232 $442,900 $199,000 $243,900
2014 $11,086 $442,900 $199,000 $243,900
Source: Public Records

Agents Affiliated with this Home

  • Ryan Bruen

    Seller's Agent in 2023

    Ryan Bruen

    COLDWELL BANKER REALTY

    (973) 294-8887

    7 in this area

    192 Total Sales

    Ryan Bruen
    Section Image
  • Gordon Crawford

    Seller's Agent in 2012

    Gordon Crawford

    KELLER WILLIAMS METROPOLITAN

    (973) 615-1567

    13 in this area

    300 Total Sales

    Gordon Crawford
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3847597

Garden State MLS

APN: 22-00803-0000-00001

New Jersey Morris County Morristown 07945

15 Summit Rd, Morristown, NJ

This home is located at 15 Summit Rd, Morristown, NJ 07960 since 06 June 2023 and is currently estimated at $1,036,079, approximately $424 per square foot. This property was built in 1963. 15 Summit Rd is a home located in Morris County with nearby schools including Mendham Township Elementary School, Mendham Township Middle School, and West Morris Mendham High School.

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