NOT LISTED FOR SALE

188 S Main St Wharton, NJ 07885

Estimated Value: $494,000 - $554,000

4 Beds
2 Baths
2,084 Sq Ft
$251/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $193,500 $93 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $3,584/month

120 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Eat-In Kitchen
  • Deck
  • Formal Dining Room
  • 3-minute walk to Wharton Memorial Park

About This Home

As of February 2016

Great opportunity. Where else will you find this much space and utility for the money. Enjoy a deck, eat in kitchen and separate dining room, huge bedrooms, and hardwood floors. Location is just blocks away from restaurants and is convenient to 46, 15, 80 and shopping. All Contracts/offers are subject to One West Bank Mortgage Servicing, a division of CIT Bank, N.A. Senior Management approval and any offers or counter offers by OneWest Bank Mortgage Servicing, a division of CIT bank, NA are not binding unless the entire agreement is ratified by all parties. $75.00 buyer paid doc fee paid at closing. Home being sold as-is. Any/all municipal certifications/CO are responsibility of buyer.

Last Agent to Sell the Property

IAN A. WOLF

KELLER WILLIAMS METROPOLITAN Listed on: 09/09/2015

Last Buyer's Agent

DIANE B. MCCABE

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,446

Year Built

  • Built in 1889

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,084 Sq Ft Home
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Utility Room
  • Laundry Room
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Deck
  • Patio

Schools

  • Morrishill High School

Utilities

  • Radiator
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2339-02002-0000-00005-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,446

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1889
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 188
  • Directions: Route 46 to South Main St, home is on Right
  • I D: 4566892
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: IAN A.
  • First Name3: DIANE
  • Last Name: WOLF
  • Last Name3: GELFAND
  • Office Phone: 973-867-1159
  • Office Phone3: 261080
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Vinyl-Linoleum
  • Appliances: Range/Oven-Gas
  • Interior Amenities: Drapes, Blinds
  • Number Rooms: 8
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Utility Room, Laundry Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Living Room, Kitchen, Dining Room
  • Estimated Sq Ft: 2084
  • Phone: 973-539-1120

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: Ceiling Fan
  • Fuel Type: Electric, Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: MorrisHill
  • High School: MorrisHill

Lot Info

  • Lot Size: 50X100
  • Assessed Improvement Value: 173000
  • Assessed Land Value: 73400
  • Assessment: 246400
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 5
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7446
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2339-02002-0000-00005-0000-
  • Tax Rate Amount: 2.902
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2015
Closed on
Feb 18, 2016
Sold by
Owb Reo Llc
Bought by
Chaile Alexander and Dechaile Fernanda Lobello
Seller's Agent
IAN A. WOLF
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
DIANE B. MCCABE
PROMINENT PROPERTIES SIR
List Price
$219,900
Sold Price
$193,500
Premium/Discount to List
-$26,400
-12.01%
Current Estimated Value
$523,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,720
Avg. Annual Appreciation
10.89%
Original Mortgage
$6,183,825
Outstanding Balance
$4,907,112
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
-$4,383,892

Purchase Details

Closed on
May 13, 2015
Sold by
Pino Francisco
Bought by
One West Bank

Purchase Details

Closed on
May 1, 2007
Sold by
Pino Francisco
Bought by
Giraldo Gladys

Purchase Details

Closed on
Oct 14, 2005
Sold by
Giraldo Gladys
Bought by
Pino Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 18, 2002
Sold by
Key Darrow
Bought by
Giraldo Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,150
Interest Rate
7.05%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chaile Alexander $193,500 Valley National Title Servic
One West Bank -- None Available
Giraldo Gladys -- None Available
Pino Francisco $360,000 --
Giraldo Gladys $228,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaile Alexander $6,183,825
Previous Owner Pino Francisco $288,000
Previous Owner Giraldo Gladys $217,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2016 02/26/16 Sold $193,500 -12.0% $93 / Sq Ft
01/07/2016 01/07/16 Pending -- -- --
09/09/2015 09/09/15 For Sale $219,900 -- $106 / 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 $9,593 $349,100 $95,900 $253,200
2024 $9,003 $324,200 $91,400 $232,800
2023 $9,003 $300,700 $86,900 $213,800
2022 $8,280 $284,100 $86,900 $197,200
2021 $8,280 $271,400 $86,900 $184,500
2020 $8,021 $258,000 $82,400 $175,600
2019 $7,682 $249,100 $82,400 $166,700
2018 $7,162 $237,000 $77,900 $159,100
2017 $6,984 $228,600 $73,400 $155,200
2016 $6,508 $228,600 $73,400 $155,200
2015 $7,451 $246,400 $73,400 $173,000
2014 $7,447 $243,600 $73,400 $170,200
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2016

    IAN A. WOLF

    KELLER WILLIAMS METROPOLITAN

  • D

    Buyer's Agent in 2016

    DIANE B. MCCABE

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3252053

Garden State MLS

APN: 39-02002-0000-00005

New Jersey Morris County Wharton 07885

188 S Main St, Wharton, NJ

This home is located at 188 S Main St, Wharton, NJ 07885 since 09 September 2015 and is currently estimated at $523,220, approximately $251 per square foot. This property was built in 1889. 188 S Main St is a home located in Morris County with nearby schools including Marie V. Duffy Elementary School and A C Mac Kinnon Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes