NOT LISTED FOR SALE

1503 Riveredge Ln Whippany, NJ 07981

Estimated Value: $639,000 - $657,000

3 Beds
2.5 Baths
1,908 Sq Ft
$341/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $466,000 $244 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,448/month

76 Days on Market

Highlights

  • Private Pool
  • Deck
  • Jetted Tub in Primary Bathroom
  • Whippany Park High School Rated A-
  • Wood Flooring
  • Tennis Courts

About This Home

As of November 2021

This home is located at 1503 Riveredge Ln, Whippany, NJ 07981 since 01 July 2021 and is currently estimated at $650,612, approximately $340 per square foot. This property was built in 1996. 1503 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

Smitha Ramchandani

CHRISTIE'S INT. REAL ESTATE GROUP Listed on: 07/01/2021

CHRISTIE'S INT. REAL ESTATE GROUP

Last Buyer's Agent

Smitha Ramchandani

CHRISTIE'S INT. REAL ESTATE GROUP Listed on: 07/01/2021

CHRISTIE'S INT. REAL ESTATE GROUP

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,708

Year Built

  • Built in 1996

Lot Details

  • 0.48

HOA Fees

  • $387 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Utility Room
  • Laundry Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Home Security

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Beemeadow Elementary School
  • Memorialjr Middle School
  • Whippany High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2312-04301-0000-00002-0000-C1503
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,708

Year Built

Built in 1996

Lot Details

0

HOA Fees

$387 per month

Parking

2

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1996
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 1503
  • Directions: Whippany Road to Oak Ridge to Riveredge to 1503
  • I D: 5085241
  • Modified: 2022-11-13
  • Number Images: 3
  • Section Subdiv Development: Oak Ridge
  • First Name: SMITHA
  • First Name3: SMITHA
  • Last Name: RAMCHANDANI
  • Last Name3: RAMCHANDANI
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, JacuzTyp, Smoke Detector, StallShw, TubShowr, Walk-In Closet
  • Number Rooms: 9
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Jetted Tub, Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: Ground
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 23x12
  • Kitchen Level: First
  • Living Room Dim: 18x16
  • Living Room Level: First
  • Other Room 1: Breakfast
  • Other Room1 Dim: 11x10
  • Other Room1 Level: First
  • Level 1 Rooms: Breakfast Room, Den, Dining Room, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Ground Level Rooms: Family Room, Laundry Room, Utility Room, Walkout
  • Phone: 908-516-4790

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 387
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Schools

  • Elementary School: BeeMeadow
  • Middle School: MemorialJr
  • High School: Whippany
  • High School: Whippany
  • Middle Jr High School: MemorialJr

Lot Info

  • Lot Size: .476 AC
  • Assessed Improvement Value: 220700
  • Assessed Land Value: 135000
  • Assessment: 355700
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.48
  • Zoning: residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6708
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2312-04301-0000-00002-0000-C1503
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.886
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: BeeMeadow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Nov 9, 2021
Sold by
Thuremella Chandra
Bought by
Cusmano Paul
Seller's Agent
Smitha Ramchandani
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
Smitha Ramchandani
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$519,900
Sold Price
$466,000
Premium/Discount to List
-$53,900
-10.37%
Current Estimated Value
$650,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,612
Avg. Annual Appreciation
9.03%
Original Mortgage
$372,800
Interest Rate
3.11%
Mortgage Type
New Conventional
Source: Public Records

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
Cusmano Paul $466,000 Old Republic Natl Ttl Ins Co
Cusmano Paul $466,000 Liberman Martin
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cusmano Paul $372,800
Previous Owner Thuremella Chandra $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $466,000 -4.9% $244 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
08/13/2021 08/13/21 Price Changed $489,900 -5.8% $257 / Sq Ft
07/14/2021 07/14/21 For Sale $519,900 -- $272 / 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 $7,498 $355,700 $135,000 $220,700
2024 $7,466 $355,700 $135,000 $220,700
2023 $7,466 $355,700 $135,000 $220,700
2022 $6,829 $355,700 $135,000 $220,700
2021 $6,829 $355,700 $135,000 $220,700
2020 $6,709 $355,700 $135,000 $220,700
2019 $6,730 $355,700 $135,000 $220,700
2018 $6,612 $355,700 $135,000 $220,700
2017 $6,417 $355,700 $135,000 $220,700
2016 $6,324 $355,700 $135,000 $220,700
2015 $6,072 $355,700 $135,000 $220,700
2014 $5,940 $355,700 $135,000 $220,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3724587

Garden State MLS

APN: 12-04301-0000-00002-0000-C1503