NOT LISTED FOR SALE

Estimated Value: $706,000 - $942,929

Studio
-- Bath
2,202 Sq Ft
$370/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2024

Last sale price $740,000 $336 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,439 / mo

48 Days on Market

Highlights

  • Porch
  • Interior Lot
  • Accessibility Features
  • Hillcrest School Rated A-
  • Patio
  • Shed

About This Home

As of May 2024

Introducing a remarkable two-family home to the market, this property offers a unique opportunity for both investors & owner-occupants alike. Outside, a large open porch welcomes residents & guests, while a sprawling yard offers endless possibilities for outdoor enjoyment & relaxation. The first floor unit features a cozy yet spacious layout, consisting of a large 1 bedroom, full bathroom & a spacious living room, dining area, all adorned with plush carpeting. The second unit is a true standout, boasting an expansive living room with large windows that bring in plenty of light, a generously sized kitchen, two bedrooms as well as one & a half bathrooms. Additionally, this unit includes three additional rooms on the third floor, providing ample space for a home office, a playroom, or additional storage space. The property also features a laundry area in the basement, currently serving as extra storage space. With its versatile layout, convenient amenities & prime location, this two-family home is a rare find in today's market.

Last Agent to Sell the Property

Klaudia Piotrowicz

HALO REALTY Listed on: 03/06/2024

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,121

Year Built

  • Built in 1916

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 140.00 x 50.00
  • Interior Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,202 Sq Ft Home
  • 3-Story Property
  • Utility Room
  • Carpet

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Basement Storage

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • Patio
  • Shed
  • Porch

Utilities

  • Window Unit Cooling System
  • Radiator
  • Gas Water Heater

Community Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(water), unit 2 owner pays(see remarks water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,121

Year Built

Built in 1916

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1607
  • Lot Size: 140.00 x 50.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1916
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Refrigerator), Unit 2(Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(See Remarks,Water)
  • Accessibility Features: Unit 1 Accessibility Features
  • Has Basement: Partially Finished, Full, Storage Space, Utility Room, Laundry Facilities
  • Flooring: Unit 1 Carpet
  • Interior Amenities: Unit 1(1 Bedroom,Dining Room,Kitchen,1 Bath), Unit 2(Dining Room,2 Bedrooms,Kitchen,Living Room,1 1/2 Baths,See Remarks)
  • Living Area: 2202
  • Stories: 3

Exterior Features

  • Lot Features: Interior Lot
  • Exterior Features: Patio, Porch(es) - Open, Storage Shed
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio, Porch(es) - Open
  • Roof: Asphalt

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Radiators-Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 7000
  • Zoning: RT

Rental Info

  • Lease Term: Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 10121
  • Tax Year: 2021

Multi Family

  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
May 31, 2024
Sold by
Bought by
Seller's Agent
Klaudia Piotrowicz
HALO REALTY
List Price
$729,900
Sold Price
$740,000
Premium/Discount to List
$10,100
1.38%
Views
186
Current Estimated Value
$815,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,482
Avg. Annual Appreciation
4.47%
Original Mortgage
$715,302
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2008
Sold by
Bought by

Purchase Details

Closed on
Feb 8, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$619,000
Interest Rate
8.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 19, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 15, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Morristown, NJ

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$740,000 American Land Title
$460,000 Chicago Title Insurance Co
-- Stewart Title Guaranty
-- --
-- --
$470,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $715,302
Previous Owner $345,000
Previous Owner $619,000
Previous Owner $432,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $740,000 +1.4% $336 / Sq Ft
03/06/2024 03/06/24 For Sale $729,900 -- $331 / Sq Ft
Source: All Jersey MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,590 $735,900 $316,100 $419,800
2025 $11,590 $735,900 $316,100 $419,800
2024 $10,241 $735,900 $316,100 $419,800
2023 $10,241 $352,400 $204,100 $148,300
2022 $10,121 $352,400 $204,100 $148,300
2021 $10,121 $352,400 $204,100 $148,300
2020 $11,313 $392,400 $204,100 $188,300
2019 $11,309 $392,400 $204,100 $188,300
2018 $11,164 $392,400 $204,100 $188,300
2017 $11,443 $414,600 $204,100 $210,500
2016 $11,149 $414,600 $204,100 $210,500
2015 $10,883 $414,600 $204,100 $210,500
2014 $10,763 $414,600 $204,100 $210,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2408142R

All Jersey MLS

APN: 24-05602-0000-00021

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