NOT LISTED FOR SALE

16 Red Gate Rd Morristown, NJ 07960

Estimated Value: $2,169,394

5 Beds
3.5 Baths
3,473 Sq Ft
$625/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $1,710,000 $492 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $13,547/month

37 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Wooded Lot
  • Harding Township School Rated A
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of December 2021

One of the prettiest settings in this treasured town with southern views across rolling fields to more distant meadows backs to Hartley Farms and historic Remington Forest. The 3,473 square foot home is set privately off the road via a shared flag lot drive. The land is generally level with a gentle roll and wooded along three sides but open toward the view shed. The colonial-style home is located for maximum views and sun on the rear of the home. A two-sided wood burning fireplace warms the living room and den. It has nicely sized rooms and a kitchen that was renovated several years ago. The home offers great potential but would benefit from renovation and updating and is offered as-is. The existing pool is inground, covered and requires repair by the new owner. There is an attached 2-car garage as well as a detached garage/barn with additional parking space or other versatile use. The septic is believed to be original and also offered as-is, probably needing replacement, by the new owner. Ideally located in the eastern portion of Harding Township, access to NYC trains is most easily available from Madison or Convent Station (both 3.2 miles). Shopping in the Hickory Tree Mall is 3 miles; Morristown Green and restaurants are 4.5 miles; and the Short Hills Mall is 6.4 miles. Square footage as per NJACTB. Also being offered as land.

Last Listed By

Molly Tonero

TURPIN REAL ESTATE, INC. Listed on: 10/25/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,261

Year Built

  • Built in 1966

Lot Details

  • 5.3 Acre Lot
  • Level Lot
  • Flag Lot
  • Wooded Lot

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Colonial Architecture
  • Stone Siding
  • Clapboard
  • Tile

Interior Spaces

  • 3,473 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Fire and Smoke Detector
  • Attic

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Garage Access

Outdoor Features

  • In Ground Pool
  • Enclosed patio or porch
  • Pergola
  • Storage Shed

Schools

  • Harding Elementary And Middle School
  • Madison High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Window Unit Cooling System
  • Multiple Heating Units
  • Well
  • Septic System
  • Satellite Dish

Community Details

  • Association fees include snow removal

Listing and Financial Details

  • Assessor Parcel Number 2313-00004-0000-00008-0002-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,261

Year Built

Built in 1966

Lot Details

0

Parking

4

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1966
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 16
  • Directions: Blue Mill Rd or Van Beuren Road to Red Gate Rd. Drive is on north side and marked by double mail boxes marked 16 and 18. Stay right at the fork .
  • I D: 5111100
  • Modified: 2022-12-24
  • Number Images: 18
  • Section Subdiv Development: New Vernon
  • First Name: MOLLY
  • First Name3: MEGHAN
  • Last Name: TONERO
  • Last Name3: MULLIN
  • Office Phone: 210933
  • Office Phone3: 973-377-4444
  • Attribution Contact: info@turpinrealtors.com
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: CookGas, Dishwasher, Dryer, Generator-Built-In, Microwave Oven, Range/Oven-Electric, Refrigerator, Satellite Dish/Antenna, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, TubShowr
  • Number Rooms: 10
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full
  • Basement Level Rooms: Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: Second
  • Other Room 2: Laundry Room
  • Other Room2 Level: First
  • Other Room 3: Florida/3Season
  • Other Room3 Level: First
  • Other Room 4: PowderRm
  • Other Room4 Level: First
  • Level 1 Rooms: Den, Dining Room, Family Room, GarEnter, Kitchen, Laundry Room, Living Room, Powder Room, Sunroom
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 3473
  • Phone: 908-766-6500

Exterior Features

  • Exterior Description: Clapboard, Stone
  • Exterior Features: Enclosed Porch(es), Patio, Pergola, Storage Shed
  • Pool: Yes
  • Pool Description: In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan, Central Air, Multi-Zone Cooling, Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Septic
  • Utilities: Gas-Natural
  • Water: Well

Condo/Co-op/Association

  • Association Maintenance Fee Frequency: Annually
  • Association Maintenance Fee Includes: Snow Removal

Schools

  • Elementary School: Harding
  • Middle School: Harding
  • High School: Madison
  • High School: Madison
  • Middle Jr High School: Harding

Lot Info

  • Lot Size: 5.3 AC
  • Assessed Improvement Value: 547600
  • Assessed Land Value: 1030000
  • Assessment: 1577600
  • Easement: Unknown
  • Lot Description: Flag Lot, Level Lot, Wooded Lot
  • Lot Identifier: 8.02
  • Lot I D Tax: *
  • Total Acres: 5.30
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 17261
  • Assessor Parcel Number: 2313-00004-0000-00008-0002-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year: 2021

MLS Schools

  • Grade School: Harding

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Dec 22, 2021
Sold by
Lee Cutler Elizabeth
Bought by
Hadjieleftheriou Marios and Ong Sook May
Seller's Agent
Molly Tonero
TURPIN REAL ESTATE, INC.
Buyer's Agent
Meghan Mullin
COLDWELL BANKER REALTY
List Price
$1,595,000
Sold Price
$1,710,000
Premium/Discount to List
$115,000
7.21%
Total Days on Market
37
Current Estimated Value
$2,169,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,394
Avg. Annual Appreciation
7.34%

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
Hadjieleftheriou Marios $1,710,000 Papalia Edward
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hadjieleftheriou Marios $1,453,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $1,710,000 +7.2% $492 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $1,595,000 -- $459 / 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 $18,237 $1,030,000 $1,030,000 $0
2023 $18,237 $1,577,600 $1,030,000 $547,600
2022 $17,261 $1,577,600 $1,030,000 $547,600
2021 $17,261 $1,577,600 $1,030,000 $547,600
2020 $17,259 $1,577,600 $1,030,000 $547,600
2019 $20,430 $1,773,400 $1,401,300 $372,100
2018 $20,039 $1,773,400 $1,401,300 $372,100
2017 $19,933 $1,773,400 $1,401,300 $372,100
2016 $19,614 $1,773,400 $1,401,300 $372,100
2015 $18,903 $1,773,400 $1,401,300 $372,100
2014 $18,247 $1,773,400 $1,401,300 $372,100
Source: Public Records

Agents Affiliated with this Home

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Source: Garden State MLS

MLS Number: 3748686

Garden State MLS

APN: 13-00004-0000-00008-02