NOT LISTED FOR SALE

229 E Hanover Ave Morristown, NJ 07960

Estimated Value: $537,000 - $748,000

3 Beds
1 Bath
1,878 Sq Ft
$331/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $275,000 $146 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,732/month

19 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Sun or Florida Room
  • Hillcrest School Rated A-
  • Attic
  • Formal Dining Room

About This Home

As of October 2018

This adorable colonial is waiting for a little TLC to make it your own. With a newer roof and siding this is a great opportunity for a first home, down-sizer or investor. The foyer leads to an enlarged eat-in kitchen, well lit dining room, living room with fireplace and cozy 4-season sunroom. Upstairs you'll find 3 bedrooms and the full bath. The walk up attic adds a large space for storage or the potential for additional living space. The large, level yard is fenced and ready for entertaining. Don't miss out on this property located close to major highways and Morristown's newest shopping centers!

Last Agent to Sell the Property

PENNEY SCHOENER

WEICHERT REALTORS Listed on: 06/14/2018

Co-Listed By

EDGAR SCHOENER

WEICHERT REALTORS

Last Buyer's Agent

NOELLE STEINMEYER

KELLER WILLIAMS METROPOLITAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,695

Year Built

  • Built in 1928

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,878 Sq Ft Home
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Attic
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Storage Shed

Utilities

  • Radiator
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2322-10303-0000-00005-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,695

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1928
  • County Name: Morris
  • Possible Other Uses: Home-Office
  • Street Number Display: 229
  • Directions: Ridgedale Ave or MLK Blvd to E Hanover Ave
  • I D: 4813174
  • Modified: 2021-09-23
  • Number Images: 5
  • First Name: PENNEY
  • First Name2: EDGAR
  • First Name3: NOELLE
  • Last Name: SCHOENER
  • Last Name2: SCHOENER
  • Last Name3: STEINMEYER
  • Office Phone: 973-539-8000
  • Office Phone2: 973-539-8000
  • Office Phone3: 301391
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Vinyl-Linoleum, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Electric, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Number Rooms: 7
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Laundry Room
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 16x12
  • Kitchen Level: First
  • Living Room Dim: 17x12
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Dim: 15x8
  • Other Room1 Level: First
  • Other Room 2: Attic
  • Other Room2 Level: Third
  • Level 1 Rooms: Foyer, Living Room, Dining Room, Sunroom, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 1878
  • Phone: 973-539-8000

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Storage Shed, Metal Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 0.19 AC
  • Assessed Improvement Value: 185700
  • Assessed Land Value: 75000
  • Assessment: 260700
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 5
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.19

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4695
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-10303-0000-00005-0000-
  • Tax Rate Amount: 1.801
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2018
Closed on
Oct 29, 2018
Sold by
Jackson Sharon Annette and Jackson Dorcas
Bought by
Steinmeyer Matthew
Seller's Agent
PENNEY SCHOENER
WEICHERT REALTORS
Buyer's Agent
NOELLE STEINMEYER
KELLER WILLIAMS METROPOLITAN
List Price
$280,000
Sold Price
$275,000
Premium/Discount to List
-$5,000
-1.79%
Current Estimated Value
$621,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,733
Avg. Annual Appreciation
12.49%
Original Mortgage
$206,250
Outstanding Balance
$181,355
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$440,378

Purchase Details

Closed on
Nov 24, 1997
Sold by
Kurnos Roy E and Courtet Camille
Bought by
Jackson Dorcas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

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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
Steinmeyer Matthew $275,000 Acres Land Title Agency Inc
Jackson Dorcas $100,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steinmeyer Matthew $206,250
Previous Owner Jackson Dorcas $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2018 10/29/18 Sold $275,000 -1.8% $146 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $280,000 -- $149 / 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 $5,219 $260,700 $75,000 $185,700
2024 $5,227 $260,700 $75,000 $185,700
2023 $5,227 $260,700 $75,000 $185,700
2022 $4,985 $260,700 $75,000 $185,700
2021 $4,985 $260,700 $75,000 $185,700
2020 $4,854 $260,700 $75,000 $185,700
2019 $4,779 $260,700 $75,000 $185,700
2018 $4,726 $260,700 $75,000 $185,700
2017 $4,695 $260,700 $75,000 $185,700
2016 $4,622 $260,700 $75,000 $185,700
2015 $3,908 $154,100 $51,800 $102,300
2014 $3,857 $154,100 $51,800 $102,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3479587

Garden State MLS

APN: 22-10303-0000-00005