NOT LISTED FOR SALE

16 University Ave Chatham, NJ 07928

Estimated Value: $870,000 - $987,630

4 Beds
2 Baths
1,697 Sq Ft
$541/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $860,000 $507 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,024/month

12 Days on Market

About This Home

As of July 2024

This home is located at 16 University Ave, Chatham, NJ 07928 since 25 March 2024 and is currently estimated at $918,158, approximately $541 per square foot. This property was built in 1929. 16 University Ave is a home located in Morris County with nearby schools including Chatham High School, St. Patrick School, and ECLC of New Jersey.

Last Agent to Sell the Property

MARY T. WEICHERT

WEICHERT REALTORS Brokerage Phone: 973-635-5000 Listed on: 03/25/2024

Last Buyer's Agent

Kate Hamilton

CHRISTIE'S INT. REAL ESTATE GROUP

CHRISTIE'S INT. REAL ESTATE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,267

Year Built

  • Built in 1929

Lot Details

  • 5,227 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,267

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Year Built: 1929
  • County Name: Morris
  • Street Number Display: 16
  • I D: 5277333
  • Modified: 2025-07-02
  • Number Images: 1
  • Attribution Contact: 973-635-5000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 1.20

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
Jul 1, 2024
Sold by
Espino Bryan J and Espino Catherine C
Bought by
Farley John C and Lacorte Tara M
Seller's Agent
MARY T. WEICHERT
WEICHERT REALTORS
Buyer's Agent
Kate Hamilton
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$799,000
Sold Price
$860,000
Premium/Discount to List
$61,000
7.63%
Views
145
Current Estimated Value
$918,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,158
Avg. Annual Appreciation
1.87%
Original Mortgage
$584,000
Outstanding Balance
$579,538
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$297,169

Purchase Details

Listed on
Mar 8, 2018
Closed on
Jun 12, 2018
Sold by
Jacobsen Elizabeth H and Byszewski James
Bought by
Espino Bryan J and Espino Catherine C
Seller's Agent
BERNADETTE MCDONOUGH
WEICHERT REALTORS
Buyer's Agent
BRIAN HART
COLDWELL BANKER REALTY
List Price
$725,000
Sold Price
$745,000
Premium/Discount to List
$20,000
2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Original Mortgage
$565,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2010
Sold by
Schreiber Micheline A
Bought by
Jacobsen Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2004
Sold by
Grosso Christopher
Bought by
Schreiber Micheline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
5.8%

Purchase Details

Closed on
Sep 26, 2000
Sold by
Heider John and Heider Susan
Bought by
Grosso Christopher W and Grosso Laura S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.96%

Purchase Details

Closed on
Jul 26, 1996
Sold by
Keating Jeffrey T and Keating Susan M
Bought by
Heider John and Heider Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,200
Interest Rate
7.25%
Source: Public Records

Range of Values:

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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
Farley John C $855,000 Acres Land Title
Espino Bryan J $745,000 Nrt Title Agency Llc
Jacobsen Elizabeth H $550,000 Chicago Title Insurance Co
Schreiber Micheline $552,000 --
Grosso Christopher W $332,500 Fidelity National Title Ins
Heider John $258,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farley John C $584,000
Previous Owner Espino Bryan J $565,000
Previous Owner Byszewski James $499,000
Previous Owner Jacobsen Elizabeth H $417,000
Previous Owner Jacobsen Elizabeth H $100,000
Previous Owner Jacobsen Elizabeth H $82,500
Previous Owner Jacobsen Elizabeth H $412,500
Previous Owner Schreiber Micheline $442,000
Previous Owner Grosso Christopher W $275,000
Previous Owner Heider John $232,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $860,000 +7.6% $507 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $799,000 +7.2% $471 / Sq Ft
06/12/2018 06/12/18 Sold $745,000 +2.8% $439 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $725,000 -- $427 / 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 $11,267 $725,000 $451,300 $273,700
2023 $11,267 $725,000 $451,300 $273,700
2022 $11,243 $526,100 $373,000 $153,100
2021 $11,243 $526,100 $373,000 $153,100
2020 $11,148 $526,100 $373,000 $153,100
2019 $11,069 $526,100 $373,000 $153,100
2018 $10,759 $526,100 $373,000 $153,100
2017 $10,448 $526,100 $373,000 $153,100
2016 $10,080 $521,200 $373,000 $148,200
2015 $9,960 $521,200 $373,000 $148,200
2014 $9,887 $521,200 $373,000 $148,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    MARY T. WEICHERT

    WEICHERT REALTORS

  • Kate Hamilton

    Buyer's Agent in 2024

    Kate Hamilton

    Christie's Real Estate Northern NJ

    (917) 576-5575

    4 in this area

    38 Total Sales

    Kate Hamilton
    Section Image

  • B

    Seller's Agent in 2018

    BERNADETTE MCDONOUGH

    WEICHERT REALTORS

  • B

    Buyer's Agent in 2018

    BRIAN HART

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3892600

Garden State MLS

APN: 04-00049-0000-00008

New Jersey Morris County Chatham 07928

16 University Ave, Chatham, NJ

This home is located at 16 University Ave, Chatham, NJ 07928 since 25 March 2024 and is currently estimated at $918,158, approximately $541 per square foot. This property was built in 1929. 16 University Ave is a home located in Morris County with nearby schools including Chatham High School, St. Patrick School, and ECLC of New Jersey.

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