NOT LISTED FOR SALE

198 Riveredge Dr Unit 198 Chatham, NJ 07928

Estimated Value: $668,000 - $766,000

2 Beds
2 Baths
1,499 Sq Ft
$486/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $660,000 $440 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,619/month

12 Days on Market

About This Home

As of February 2024

This home is located at 198 Riveredge Dr Unit 198, Chatham, NJ 07928 since 05 January 2024 and is currently estimated at $729,100, approximately $486 per square foot. This property was built in 1993. 198 Riveredge Dr Unit 198 is a home located in Morris County with nearby schools including Chatham High School, Kent Place School, and Oratory Preparatory School.

Last Agent to Sell the Property

LUCAS CITTONE

CHRISTIE'S INT. REAL ESTATE GROUP Brokerage Phone: 973-285-9526 Listed on: 01/05/2024

Last Buyer's Agent

JUDITH FARMAKIS

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,853

Year Built

  • Built in 1993

Lot Details

  • 436

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,853

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Year Built: 1993
  • County Name: Morris
  • Street Number Display: 198
  • I D: 5260332
  • Modified: 2025-02-24
  • Number Images: 1
  • Attribution Contact: 973-285-9526
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 0.0000 AC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Feb 23, 2024
Sold by
Markowitz Lucas and Markowitz Sarah
Bought by
Bright David and Bright Caroline
Seller's Agent
LUCAS CITTONE
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
JUDITH FARMAKIS
PROMINENT PROPERTIES SIR
List Price
$649,000
Sold Price
$660,000
Premium/Discount to List
$11,000
1.69%
Views
129
Current Estimated Value
$729,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,100
Avg. Annual Appreciation
6.30%
Original Mortgage
$532,000
Outstanding Balance
$522,686
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$206,414

Purchase Details

Closed on
Sep 17, 2021
Sold by
Fried David D
Bought by
Markowitz Lucas and Fried Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 16, 2015
Closed on
Apr 4, 2016
Sold by
Guido Gabriella
Bought by
Fried David M
Seller's Agent
PHILIP M GATTI
WEICHERT REALTORS
Buyer's Agent
WENDY DRUCKER
COLDWELL BANKER REALTY
List Price
$629,000
Sold Price
$600,000
Premium/Discount to List
-$29,000
-4.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.07%
Interest Rate
3.71%

Purchase Details

Listed on
May 8, 2014
Closed on
May 6, 2014
Sold by
Peters Barbara A
Bought by
Guido Gabriella
Seller's Agent
Virgina 'Ginny' Wilson
COLDWELL BANKER REALTY
Buyer's Agent
PHILIP M GATTI
WEICHERT REALTORS
Sold Price
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.46%
Original Mortgage
$200,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2000
Sold by
Mcconnell Paul
Bought by
Peters Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.14%
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
Bright David $665,000 None Listed On Document
Bright David $665,000 None Listed On Document
Markowitz Lucas $560,000 Zwiren Title Agency Inc
Fried David M $600,000 --
Guido Gabriella $480,000 Agent For Westcor Land Title
Peters Barbara A $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bright David $532,000
Closed Bright David $532,000
Previous Owner Markowitz Lucas $500,000
Previous Owner Fried David M --
Previous Owner Guido Gabriella $200,000
Previous Owner Peters Barbara A $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2024 02/23/24 Sold $660,000 +1.7% $440 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $649,000 +8.2% $433 / Sq Ft
04/01/2016 04/01/16 Sold $600,000 -4.6% $400 / Sq Ft View Prior Sale
01/12/2016 01/12/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $629,000 +31.0% $420 / Sq Ft
05/08/2014 05/08/14 Sold $480,000 -- $320 / Sq Ft View Prior Sale
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 $8,853 $445,100 $150,000 $295,100
2024 $8,706 $445,100 $150,000 $295,100
2023 $8,706 $445,100 $150,000 $295,100
2022 $8,595 $445,100 $150,000 $295,100
2021 $8,595 $445,100 $150,000 $295,100
2020 $8,426 $445,100 $150,000 $295,100
2019 $8,252 $445,100 $150,000 $295,100
2018 $8,159 $445,100 $150,000 $295,100
2017 $7,954 $445,100 $150,000 $295,100
2016 $6,950 $395,100 $150,000 $245,100
2015 $6,922 $395,100 $150,000 $245,100
2014 $6,867 $395,100 $150,000 $245,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    LUCAS CITTONE

    CHRISTIE'S INT. REAL ESTATE GROUP

  • J

    Buyer's Agent in 2024

    JUDITH FARMAKIS

    PROMINENT PROPERTIES SIR

  • P

    Seller's Agent in 2016

    PHILIP M GATTI

    WEICHERT REALTORS

  • W

    Buyer's Agent in 2016

    WENDY DRUCKER

    COLDWELL BANKER REALTY

  • Virgina 'Ginny' Wilson

    Seller's Agent in 2014

    Virgina 'Ginny' Wilson

    COLDWELL BANKER REALTY

    (973) 222-3514

    3 Total Sales

    Virgina 'Ginny' Wilson
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Map

Source: Garden State MLS

MLS Number: 3880181

Garden State MLS

APN: 05-00064-04-00013-04

New Jersey Morris County Chatham 07928

198 Riveredge Dr Unit 198, Chatham, NJ

This home is located at 198 Riveredge Dr Unit 198, Chatham, NJ 07928 since 05 January 2024 and is currently estimated at $729,100, approximately $486 per square foot. This property was built in 1993. 198 Riveredge Dr Unit 198 is a home located in Morris County with nearby schools including Chatham High School, Kent Place School, and Oratory Preparatory School.

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