NOT LISTED FOR SALE

197 Watchung Ave Chatham, NJ 07928

Estimated Value: $1,022,000 - $1,280,000

3 Beds
3 Baths
1,709 Sq Ft
$666/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $1,025,000 $600 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,070/month

11 Days on Market

About This Home

As of April 2024

This home is located at 197 Watchung Ave, Chatham, NJ 07928 since 19 March 2024 and is currently estimated at $1,137,434, approximately $665 per square foot. This property was built in 1955. 197 Watchung 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

KATHLEEN FRIDAY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-2991 Listed on: 03/19/2024

Last Buyer's Agent

Carla Von Byrden

CENTURY 21 VIEWPOINT REALTY

CENTURY 21 VIEWPOINT REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,472

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,472

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • County Name: Morris
  • Street Number Display: 197
  • I D: 5276209
  • Modified: 2025-05-15
  • Number Images: 0
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 50X150
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Apr 25, 2024
Sold by
Underwood Joseph and Awn Susan
Bought by
Leone Frank and Leone Catherine
Seller's Agent
KATHLEEN FRIDAY
PROMINENT PROPERTIES SIR
Buyer's Agent
Carla Von Byrden
CENTURY 21 VIEWPOINT REALTY
List Price
$839,000
Sold Price
$1,025,000
Premium/Discount to List
$186,000
22.17%
Views
69
Current Estimated Value
$1,137,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,434
Avg. Annual Appreciation
0.05%
Original Mortgage
$500,000
Outstanding Balance
$495,120
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$530,593

Purchase Details

Closed on
Aug 16, 2008
Sold by
Tang Jinwen and Liang Huijuan
Bought by
Underwood Joseph and Awn Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2000
Sold by
Krieger James J and Krieger Judith A
Bought by
Tang Jinwen and Liang Huijuan

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
7.83%
Mortgage Type
Stand Alone First
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
Leone Frank $1,025,000 None Listed On Document
Underwood Joseph $540,000 None Available
Tang Jinwen $355,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leone Frank $500,000
Previous Owner Underwood Joseph $402,000
Previous Owner Underwood Joseph $417,000
Previous Owner Underwood Joseph $417,000
Previous Owner Liang Huijuan $235,000
Previous Owner Tang Jinwen $150,000
Previous Owner Tang Jinwen $275,000
Previous Owner Krieger James J $122,092
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $1,025,000 +22.2% $600 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $839,000 -- $491 / 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 $10,472 $673,900 $346,900 $327,000
2023 $10,472 $673,900 $346,900 $327,000
2022 $11,350 $531,100 $355,800 $175,300
2021 $11,350 $531,100 $355,800 $175,300
2020 $11,254 $531,100 $355,800 $175,300
2019 $11,174 $531,100 $355,800 $175,300
2018 $10,534 $515,100 $355,800 $159,300
2017 $10,230 $515,100 $355,800 $159,300
2016 $9,962 $515,100 $355,800 $159,300
2015 $9,844 $515,100 $355,800 $159,300
2014 $9,771 $515,100 $355,800 $159,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3891658

Garden State MLS

APN: 04-00013-0000-00005