NOT LISTED FOR SALE

16 Lee Dr Morristown, NJ 07960

Estimated Value: $977,000 - $1,091,000

3 Beds
4 Baths
-- Sq Ft
1,350 Sq Ft Lot

Last Sold October 14, 2022

Last sale price $915,000

Est. 16% increase in value since last sale

Current estimated payment $6,687/month

14 Days on Market

About This Home

As of October 2022

This home is located at 16 Lee Dr, Morristown, NJ 07960 since 01 September 2022 and is currently estimated at $1,028,758. This property was built in 2019. 16 Lee Dr is a home located in Morris County with nearby schools including Harding Township School, Mendham Country Day School, and Chatham Day School.

Last Agent to Sell the Property

SCOTT WALDMAN

COMPASS NEW JERSEY LLC Brokerage Phone: 551-212-3870 Listed on: 09/01/2022

Last Buyer's Agent

MARLENE VEGTER

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,814

Year Built

  • Built in 2019

Lot Details

  • 1,350

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,814

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Year Built: 2019
  • County Name: Morris
  • Street Number Display: 16
  • I D: 5175488
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 551-212-3870
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 3.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 13, 2022
Sold by
Karkar Priya P and Karkar Victor M
Bought by
Salzano Peter and Salzano Danielle
Seller's Agent
SCOTT WALDMAN
COMPASS NEW JERSEY LLC
Buyer's Agent
MARLENE VEGTER
WEICHERT REALTORS
List Price
$899,000
Sold Price
$915,000
Premium/Discount to List
$16,000
1.78%
Views
42
Current Estimated Value
$1,058,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,797
Original Mortgage
$675,000
Outstanding Balance
$655,891
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2019
Sold by
Gtis Hov Residences At Columbia Park Llc
Bought by
Karkar Priya P and Karkar Victor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,700
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Salzano Peter $915,000 Simplicity Title
Karkar Priya P $754,657 Bastean Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salzano Peter $675,000
Previous Owner Karkar Priya P $600,000
Previous Owner Karkar Priya P $603,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $915,000 +1.8% --
09/15/2022 09/15/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $899,000 -- --
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 $12,814 $639,100 $185,000 $454,100
2023 $12,814 $639,100 $185,000 $454,100
2022 $12,220 $639,100 $185,000 $454,100
2021 $12,220 $639,100 $185,000 $454,100
2020 $11,900 $639,100 $185,000 $454,100
2019 $3,391 $185,000 $185,000 $0
2018 $2,629 $145,000 $145,000 $0
2017 $2,611 $145,000 $145,000 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    SCOTT WALDMAN

    COMPASS NEW JERSEY LLC

  • M

    Buyer's Agent in 2022

    MARLENE VEGTER

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3805022

Garden State MLS

APN: 22-09101-0000-00007-0000-C0016

New Jersey Morris County Morristown 07960

16 Lee Dr, Morristown, NJ

This home is located at 16 Lee Dr, Morristown, NJ 07960 since 01 September 2022 and is currently estimated at $1,028,758. This property was built in 2019. 16 Lee Dr is a home located in Morris County with nearby schools including Harding Township School, Mendham Country Day School, and Chatham Day School.

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