NOT LISTED FOR SALE

23 Cleveland St Morristown, NJ 07960

Estimated Value: $802,000 - $1,204,825

-- Bed
-- Bath
2,650 Sq Ft
$363/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $1,200,000 $453 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $6,443/month

21 Days on Market

About This Home

As of July 2023

This home is located at 23 Cleveland St, Morristown, NJ 07960 since 11 May 2023 and is currently estimated at $962,956, approximately $363 per square foot. This property was built in 1876. 23 Cleveland St is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

Last Agent to Sell the Property

ANDRZEJ WALEC

ELITE REALTORS OF NEW JERSEY Brokerage Phone: 973-994-9009 Listed on: 05/11/2023

Last Buyer's Agent

Zander Oldendorp

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,758

Year Built

  • Built in 1876

Lot Details

  • 7,841 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,758

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Year Built: 1876
  • County Name: Morris
  • Street Number Display: 23
  • I D: 5220357
  • Modified: 2024-07-29
  • Number Images: 1
  • Attribution Contact: 973-994-9009
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X160
  • Total Acres: 0.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jul 28, 2023
Sold by
23 Cleveland Ka Llc
Bought by
Spendley William James and Spendley Charlotte
Seller's Agent
ANDRZEJ WALEC
ELITE REALTORS OF NEW JERSEY
Buyer's Agent
Zander Oldendorp
COMPASS NEW JERSEY, LLC
List Price
$1,274,000
Sold Price
$1,200,000
Premium/Discount to List
-$74,000
-5.81%
Views
149
Current Estimated Value
$962,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$237,044
Avg. Annual Appreciation
-4.93%
Original Mortgage
$1,000,000
Outstanding Balance
$976,440
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$99,972

Purchase Details

Listed on
Dec 10, 2021
Closed on
Feb 28, 2022
Sold by
Ann Pagano Patti
Bought by
23 Cleveland Ka Llc
Seller's Agent
LYNETTE F BAKER
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
LYNETTE F BAKER
KL SOTHEBY'S INT'L. REALTY
List Price
$599,000
Sold Price
$635,000
Premium/Discount to List
$36,000
6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.56%

Purchase Details

Closed on
Dec 2, 2016
Sold by
Loveridge Joan
Bought by
Loveridge Joan and Loveridge James

Purchase Details

Closed on
Jun 28, 1999
Sold by
Estate Of Angelo Ninni and Ninni Ralph
Bought by
Loveridge Joan and Ninni Joan
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
Spendley William James $1,200,000 None Listed On Document
23 Cleveland Ka Llc $635,000 Stewart Title Guaranty Company
Loveridge Joan -- None Available
Loveridge Joan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spendley William James $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $1,200,000 -5.8% $453 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $1,274,000 +100.6% $481 / Sq Ft
03/03/2022 03/03/22 Sold $635,000 +6.0% $240 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $599,000 -- $226 / 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 $15,758 $1,000,500 $318,400 $682,100
2024 $10,360 $1,000,500 $318,400 $682,100
2023 $10,360 $356,500 $196,100 $160,400
2022 $10,239 $356,500 $196,100 $160,400
2021 $10,239 $356,500 $196,100 $160,400
2020 $10,278 $356,500 $196,100 $160,400
2019 $10,274 $356,500 $196,100 $160,400
2018 $10,142 $356,500 $196,100 $160,400
2017 $9,839 $356,500 $196,100 $160,400
2016 $9,586 $356,500 $196,100 $160,400
2015 $8,858 $356,500 $196,100 $160,400
2014 $8,755 $356,500 $196,100 $160,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    ANDRZEJ WALEC

    ELITE REALTORS OF NEW JERSEY

  • Zander Oldendorp

    Buyer's Agent in 2023

    Zander Oldendorp

    COMPASS NEW JERSEY, LLC

    (973) 229-6475

    17 in this area

    158 Total Sales

    Zander Oldendorp
    Section Image

  • L

    Seller's Agent in 2022

    LYNETTE F BAKER

    KL SOTHEBY'S INT'L. REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3843164

Garden State MLS

APN: 24-05601-0000-00001

New Jersey Morris County Morristown 07960

23 Cleveland St, Morristown, NJ

This home is located at 23 Cleveland St, Morristown, NJ 07960 since 11 May 2023 and is currently estimated at $962,956, approximately $363 per square foot. This property was built in 1876. 23 Cleveland St is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

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