$652,000
SOLD MAR 12, 2025

1501 Riveredge Ln Whippany, NJ 07981

2 Beds
3 Baths
1,649 Sq Ft
0.48 Acres

Recently Sold

$395 Per Sq Ft

19% Above List Price

24 Days on Market

About This Home

As of March 2025

This home is located at 1501 Riveredge Ln, Whippany, NJ 07981 and is currently priced at $652,000, approximately $395 per square foot. 1501 Riveredge Ln is a home located in Morris County with nearby schools including Whippany Park High School, Arrow Academy, and Allegro School.

Last Agent to Sell the Property

ROMILA BAJAJ

WEICHERT REALTORS Brokerage Phone: 973-334-9400 Listed on: 02/05/2025

Last Buyer's Agent

Tracey Franco

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,072

Lot Details

  • 0.48 Acre Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,072

Lot Details

0

Listing Details

  • County Name: Morris
  • Street Number Display: 1501
  • I D: 5336629
  • Modified: 2025-03-12
  • Number Images: 1
  • Attribution Contact: 973-334-9400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .476 AC
  • Total Acres: 0.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
Mar 6, 2025
Sold by
Chan Ming Yan Judith and Bosco Lai-Shun
Bought by
Taylor Ana and Bermingham William
Seller's Agent
ROMILA BAJAJ
WEICHERT REALTORS
Buyer's Agent
Tracey Franco
COLDWELL BANKER REALTY
List Price
$549,900
Sold Price
$652,000
Premium/Discount to List
$102,100
18.57%
Views
135
Current Estimated Value
$630,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,016
Avg. Annual Appreciation
-11.43%
Original Mortgage
$358,800
Outstanding Balance
$358,498
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$272,486

Purchase Details

Listed on
Aug 15, 2016
Closed on
Nov 9, 2016
Sold by
Devivo Frank and Devivo Karen
Bought by
Chan Ming Yan Judith and Chan Bosco
Seller's Agent
Smitha Ramchandani
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$435,000
Sold Price
$435,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$348,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2011
Sold by
Decker John R and Decker Deidre
Bought by
Devivo Frank and Devivo Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2005
Sold by
Elward Suzanne M
Bought by
Decker John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 1997
Sold by
Baccaro Elizabeth A and Ellsweig Elizabeth A
Bought by
Elward Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7%
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 $652,000 None Listed On Document
Deed $652,000 None Listed On Document
Deed $435,000 Enterprise Title Agency
Bargain Sale Deed $380,000 Chicago Title Insurance Co
Deed $445,000 --
Deed $223,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $358,800 New Conventional
Closed $358,800 New Conventional
Previous Owner $348,000 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $356,000 New Conventional
Previous Owner $153,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Sold $652,000 +18.6% $395 / Sq Ft
03/04/2025 03/04/25 Pending -- -- --
02/08/2025 02/08/25 For Sale $549,900 +26.4% $333 / Sq Ft
11/10/2016 11/10/16 Sold $435,000 0.0% $264 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $435,000 -- $264 / 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 $7,072 $336,900 $135,000 $201,900
2023 $7,072 $336,900 $135,000 $201,900
2022 $6,468 $336,900 $135,000 $201,900
2021 $6,374 $336,900 $135,000 $201,900
2020 $6,354 $336,900 $135,000 $201,900
2019 $6,374 $336,900 $135,000 $201,900
2018 $6,263 $336,900 $135,000 $201,900
2017 $6,078 $336,900 $135,000 $201,900
2016 $5,990 $336,900 $135,000 $201,900
2015 $5,751 $336,900 $135,000 $201,900
2014 $5,626 $336,900 $135,000 $201,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3944630

Garden State MLS

APN: 12-04301-0000-00002-0000-C1501