NOT LISTED FOR SALE

2 Malcolm St Morristown, NJ 07960

Estimated Value: $497,000 - $590,753

4 Beds
2 Baths
1,190 Sq Ft
$446/Sq Ft Est. Value

Last Sold January 09, 2023

Last sale price $395,000 $332 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,438/month

104 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Formal Dining Room
  • Hillcrest School Rated A-
  • Home Office
  • Breakfast Bar

About This Home

As of January 2023

Great opportunity under $500k in Morristown!! Perfect home close to town and highways. Home can possibly be converted to 2family , separate gas meters, possible expansion, must confirm with town. Perfect for Investor or contractor. 4 bdrms, 2 full baths, updated kitchen, expansive back and side yard. Home is loaded with potential!!

Last Agent to Sell the Property

Keisha Smith - Johnson

WEICHERT REALTORS Brokerage Phone: 9736152471 Listed on: 08/11/2022

WEICHERT REALTORS

Last Buyer's Agent

Boris Saharig

UNITED REAL ESTATE

UNITED REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,167

Year Built

  • Built in 1906

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • Inside Entrance

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Home Office
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Breakfast Bar
  • Gas Oven or Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Schools

  • Frelghuysn Middle School
  • Morristown High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Electric Baseboard Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2324-00902-0000-00007-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,167

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1906
  • Year Built Description: Approximate
  • County Name: Morris
  • Directions: Google maps
  • I D: 5172471
  • First Name: KEISHA
  • First Name3: BORIS ALAN
  • Last Name: SMITH
  • Last Name3: SAHARIG
  • Office Phone: 250118
  • Office Phone3: 888-501-6953
  • Attribution Contact: 9736152471
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Laminate, Wood
  • Appliances: Range/Oven-Gas, Refrigerator
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Third
  • Bedroom 4 Level: Third
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished, Walkout
  • Basement Level Rooms: Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Breakfast Bar
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Level: Second
  • Level 1 Rooms: Bath(s) Other, Dining Room, Foyer, InsdEntr, Kitchen, Living Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Office
  • Level 3 Rooms: 2 Bedrooms
  • Phone: 973-539-8000

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: 1 Unit
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Electric
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: Morristown
  • Middle Jr High School: Frelghuysn

Lot Info

  • Lot Size: 33X196
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.15

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7167
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2324-00902-0000-00007-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.872
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Dec 29, 2022
Sold by
Stephens Tonya
Bought by
Manohar Jessica
Seller's Agent
Keisha Smith - Johnson
WEICHERT REALTORS
Buyer's Agent
Boris Saharig
UNITED REAL ESTATE
List Price
$405,000
Sold Price
$395,000
Premium/Discount to List
-$10,000
-2.47%
Views
24
Current Estimated Value
$554,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,786
Avg. Annual Appreciation
10.55%
Original Mortgage
$375,250
Outstanding Balance
$363,410
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$167,528

Purchase Details

Closed on
Aug 20, 2021
Sold by
Stephens Tonya and Estate Of Dorothy Stephens
Bought by
Stephens Tonya
Source: Public Records

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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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
Manohar Jessica $395,000 Weiss Title
Stephens Tonya -- None Available
Stephens Tonya -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manohar Jessica $375,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2023 01/09/23 Sold $395,000 0.0% $332 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
10/20/2022 10/20/22 Price Changed $395,000 -2.5% $332 / Sq Ft
10/09/2022 10/09/22 For Sale $405,000 0.0% $340 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $405,000 0.0% $340 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $405,000 -- $340 / 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 $6,275 $398,400 $239,800 $158,600
2024 $7,224 $398,400 $239,800 $158,600
2023 $7,224 $248,600 $164,800 $83,800
2022 $6,583 $248,600 $164,800 $83,800
2021 $6,583 $248,600 $164,800 $83,800
2020 $7,167 $248,600 $164,800 $83,800
2019 $7,165 $248,600 $164,800 $83,800
2018 $7,073 $248,600 $164,800 $83,800
2017 $6,861 $248,600 $164,800 $83,800
2016 $6,685 $248,600 $164,800 $83,800
2015 $6,526 $248,600 $164,800 $83,800
2014 $6,454 $248,600 $164,800 $83,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3801746

Garden State MLS

APN: 24-00902-0000-00007