NOT LISTED FOR SALE

16 Sherman Place Morristown, NJ 07960

Estimated Value: $772,000 - $863,000

3 Beds
2 Baths
1,488 Sq Ft
$554/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $715,000 $481 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,219/month

19 Days on Market

About This Home

As of September 2023

This home is located at 16 Sherman Place, Morristown, NJ 07960 since 13 July 2023 and is currently estimated at $824,556, approximately $554 per square foot. This property was built in 1950. 16 Sherman Place is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

Last Agent to Sell the Property

NANCYLYNNE ALESSIO

CHRISTIE'S INT. REAL ESTATE GROUP Brokerage Phone: 973-285-9526 Listed on: 07/13/2023

Last Buyer's Agent

SUSAN ADLER

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,959

Year Built

  • Built in 1950

Lot Details

  • 0.29 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,959

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • County Name: Morris
  • Street Number Display: 16
  • I D: 5229766
  • Modified: 2024-09-16
  • Number Images: 1
  • Attribution Contact: 973-285-9526
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 12516SF
  • Total Acres: 0.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Sep 12, 2023
Sold by
Nunez Eduardo A
Bought by
Debollardiere Tristan Pierre Rene and Marshall Lauren Anne
Seller's Agent
NANCYLYNNE ALESSIO
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
List Price
$710,000
Sold Price
$715,000
Premium/Discount to List
$5,000
0.7%
Views
15
Current Estimated Value
$824,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,556
Avg. Annual Appreciation
7.17%
Original Mortgage
$565,000
Outstanding Balance
$553,017
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$271,539

Purchase Details

Closed on
Jan 28, 2021
Sold by
Nunez Eduardo A and Nunez Laura A
Bought by
Nunez Eduardo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 1992
Bought by
Nunez Eduardo A and Nunez Laura A
Source: Public Records

Range of Values:

Collateral Analytics

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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
Debollardiere Tristan Pierre Rene $715,000 None Listed On Document
Nunez Eduardo A -- Nationallink
Nunez Eduardo A -- None Listed On Document
Nunez Eduardo A $183,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Debollardiere Tristan Pierre Rene $565,000
Previous Owner Nunez Eduardo A $408,000
Previous Owner Nunez Eduardo A $408,090
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2023 09/15/23 Sold $715,000 +0.7% $481 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $710,000 -- $477 / 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 $9,959 $643,400 $343,700 $299,700
2024 $11,113 $632,300 $343,700 $288,600
2023 $11,113 $382,400 $236,700 $145,700
2022 $10,983 $382,400 $236,700 $145,700
2021 $10,983 $382,400 $236,700 $145,700
2020 $11,025 $382,400 $236,700 $145,700
2019 $11,021 $382,400 $236,700 $145,700
2018 $10,879 $382,400 $236,700 $145,700
2017 $10,554 $382,400 $236,700 $145,700
2016 $10,283 $382,400 $236,700 $145,700
2015 $10,038 $382,400 $236,700 $145,700
2014 $9,927 $382,400 $236,700 $145,700
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    NANCYLYNNE ALESSIO

    CHRISTIE'S INT. REAL ESTATE GROUP

  • S

    Buyer's Agent in 2023

    SUSAN ADLER

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3854173

Garden State MLS

APN: 24-05502-0000-00022

New Jersey Morris County Morristown 07960

16 Sherman Place, Morristown, NJ

This home is located at 16 Sherman Place, Morristown, NJ 07960 since 13 July 2023 and is currently estimated at $824,556, approximately $554 per square foot. This property was built in 1950. 16 Sherman Place is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

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