NOT LISTED FOR SALE

16 Fairfax Terrace Chatham, NJ 07928

Estimated Value: $1,156,000 - $1,498,000

4 Beds
3 Baths
2,210 Sq Ft
$607/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $970,000 $439 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $8,622/month

128 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Jetted Tub in Primary Bathroom
  • Chatham High School Rated A+
  • Wood Flooring
  • Attic

About This Home

As of November 2017

Fantastic price reduction! Expanded, continuously updated Chatham colonial close to train and all three schools, sits on Chatham Township and Borough borders. Solid Fir front door, front entry open to formal living room w/ wood burning fireplace. Hardwood floors throughout. Open concept spacious, bright updated dining area and kitchen w/ SS Thermador appliances and light wood cabinets. Family room w/ high ceiling and cozy 4 season sunroom with heated floors. Composite deck with bluestone patio overlook level back yard. Upstairs Master Suite includes jetted tub and stall shower along with an organized, walk-in closet. Three additional bedrooms with organized closets share an ample updated main bath. This home has been maintained with loving care by the current owners!

Last Agent to Sell the Property

BARBARA SCHMIDT-KEMP

COLDWELL BANKER REALTY Listed on: 06/01/2017

Last Buyer's Agent

TRACY NESS

TURPIN REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,784

Lot Details

  • 70 Sq Ft Lot
  • Wood Fence
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Wood Shingle Roof

Interior Spaces

  • Sound System
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Thermal Windows
  • Drapes & Rods
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Workshop
  • Sun or Florida Room
  • Utility Room
  • Wood Flooring
  • Attic

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Front Basement Entry

Outdoor Features

  • Deck
  • Patio

Schools

  • Washington Elementary School
  • Chatham Middle School
  • Chatham High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 2305-00091-0000-00016-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,784

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built Description: Approximate
  • County Name: Morris
  • Easements Description: sewer at rear
  • Exclusions: Mounted TV in front living room
  • Street Number Display: 16
  • Directions: Main Street to Lafayette right on Fairfax or Shunpike to left on Lafayette and left on Fairfax
  • I D: 4718294
  • Modified: 2021-09-23
  • Number Images: 23
  • First Name: BARBARA
  • First Name3: TRACY SMITH
  • Last Name: SCHMIDT-KEMP
  • Last Name3: NESS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, OvnWGas, CookGas, Satellite Dish/Antenna, Washer, Dishwasher, Disposal, Dryer, Microwave Oven
  • Interior Amenities: Drapes, JacuzTyp, Walk-In Closet, Security System, StallTub, Skylight, Stereo System
  • Number Rooms: 10
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished-Partially, Full
  • Basement Level Rooms: Laundry Room, Utility Room, Workshop, Den
  • Dining Room Level: First
  • Den Level: Basement
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island, Separate Dining Area
  • Kitchen Dim: 16x14
  • Kitchen Level: First
  • Living Room Dim: 20x13
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Dim: 13x9
  • Other Room1 Level: First
  • Level 1 Rooms: Living Room, Dining Room, Entrance Vestibule, Sunroom, Bath(s) Other, Family Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Phone: 973-377-4444

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Patio, Wood Fence, Deck, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: Multi-Zone Cooling, 2 Units, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Washington
  • Middle School: Chatham
  • High School: Chatham
  • High School: Chatham
  • Middle Jr High School: Chatham

Lot Info

  • Lot Size: 70'x105'
  • Assessed Improvement Value: 286700
  • Assessed Land Value: 550200
  • Assessment: 836900
  • Easement: Yes
  • Lot Description: Level Lot
  • Lot Identifier: 16
  • Lot I D Tax: *
  • Total Acres: 0.16

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Street Number Tax: *
  • Tax Amount: 14784
  • Assessor Parcel Number: 2305-00091-0000-00016-0000-
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2017
Closed on
Nov 10, 2017
Sold by
Diaz Saavedra Joseph P and Chao In Bey
Bought by
Rooney Stephen F and Rooney Jeanine
Seller's Agent
BARBARA SCHMIDT-KEMP
COLDWELL BANKER REALTY
Buyer's Agent
TRACY NESS
TURPIN REAL ESTATE, INC.
List Price
$1,070,000
Sold Price
$970,000
Premium/Discount to List
-$100,000
-9.35%
Current Estimated Value
$1,341,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,426
Avg. Annual Appreciation
2.64%
Original Mortgage
$776,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 7, 1997
Sold by
Brummer Andrew and Brummer Anne
Bought by
Bey Diaz Saavedra Joseph P and Bey Chao In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,800
Interest Rate
7.5%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rooney Stephen F $970,000 All Ahead Title Agency Llc
Bey Diaz Saavedra Joseph P $381,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rooney Stephen F $776,000
Previous Owner Diaz Saavedra Joseph P $305,338
Previous Owner Diaz Saavedra Joseph P $238,500
Previous Owner Diaz Saavedra Joseph P $140,000
Previous Owner Bey Diaz Saavedra Joseph P $304,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold $970,000 -9.3% $439 / Sq Ft
10/07/2017 10/07/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $1,070,000 -- $484 / 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 $15,930 $800,900 $544,200 $256,700
2024 $15,666 $800,900 $544,200 $256,700
2023 $15,666 $800,900 $544,200 $256,700
2022 $15,465 $800,900 $544,200 $256,700
2021 $15,465 $800,900 $544,200 $256,700
2020 $15,161 $800,900 $544,200 $256,700
2019 $14,849 $800,900 $544,200 $256,700
2018 $14,681 $800,900 $544,200 $256,700
2017 $14,312 $800,900 $544,200 $256,700
2016 $14,088 $800,900 $544,200 $256,700
2015 $14,032 $800,900 $544,200 $256,700
2014 $13,920 $800,900 $544,200 $256,700
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    BARBARA SCHMIDT-KEMP

    COLDWELL BANKER REALTY

  • T

    Buyer's Agent in 2017

    TRACY NESS

    TURPIN REAL ESTATE, INC.

    (973) 979-2716

    1 in this area

    3 Total Sales

    TRACY NESS
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3392488

Garden State MLS

APN: 05-00091-0000-00016

New Jersey Morris County Chatham 07928

16 Fairfax Terrace, Chatham, NJ

This home is located at 16 Fairfax Terrace, Chatham, NJ 07928 since 01 June 2017 and is currently estimated at $1,341,426, approximately $606 per square foot. 16 Fairfax Terrace is a home located in Morris County with nearby schools including Chatham High School, St. Patrick School, and ECLC of New Jersey.

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes