NOT LISTED FOR SALE

23 Olmstead Rd Morristown, NJ 07960

Estimated Value: $869,000 - $942,000

3 Beds
2 Baths
1,466 Sq Ft
$616/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $785,000 $535 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,781/month

5 Days on Market

About This Home

As of July 2023

This home is located at 23 Olmstead Rd, Morristown, NJ 07960 since 25 April 2023 and is currently estimated at $903,179, approximately $616 per square foot. This property was built in 1926. 23 Olmstead Rd 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

Kimberley Haley

COLDWELL BANKER REALTY Brokerage Phone: 908-233-5555 Listed on: 04/25/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

DANNY GALLEGO

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,912

Year Built

  • Built in 1926

Lot Details

  • 7,405 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,912

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Year Built: 1926
  • County Name: Morris
  • Street Number Display: 23
  • I D: 5213755
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 908-233-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 50X150
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Jun 24, 2023
Sold by
Mcmahon Ryan and Mcmahon Kerry
Bought by
Peay Connor and Peay Elodie Machler
Seller's Agent
Kimberley Haley
COLDWELL BANKER REALTY
Buyer's Agent
DANNY GALLEGO
WEICHERT REALTORS
List Price
$699,000
Sold Price
$785,000
Premium/Discount to List
$86,000
12.3%
Views
59
Current Estimated Value
$903,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,179
Avg. Annual Appreciation
6.43%
Original Mortgage
$706,600
Outstanding Balance
$698,072
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$205,107

Purchase Details

Listed on
Jul 12, 2016
Closed on
Sep 29, 2016
Sold by
Hulsy Michael G and Hulsy Meaghan S
Bought by
Mcmagon Ryan Mc and Mcmagon Kerry Mc
Seller's Agent
DENISE MORTENSON
TURPIN REAL ESTATE, INC.
Buyer's Agent
Rick Ruotolo
RE/MAX TOWN & VALLEY II
List Price
$519,000
Sold Price
$502,000
Premium/Discount to List
-$17,000
-3.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$450,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2009
Sold by
Larsen Robert L and Larsen Patrizia A
Bought by
Hulsy Michael G and Hulsy Meaghan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,661
Interest Rate
5.19%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 1999
Sold by
Read Julia
Bought by
Larsen Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.61%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Peay Connor $785,000 Fidelity National Title
Peay Connor $785,000 Fidelity National Title
Mcmagon Ryan Mc $502,000 Heritage Abstract Co
Hulsy Michael G $461,600 None Available
Larsen Robert L $315,000 Colonial Title & Abstract Sv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peay Connor $706,600
Closed Peay Connor $706,600
Previous Owner Mcmagon Ryan Mc $450,000
Previous Owner Hulsy Michael G $375,661
Previous Owner Larsen Robert L $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2023 07/06/23 Sold $785,000 +12.3% $535 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $699,000 +39.2% $477 / Sq Ft
09/29/2016 09/29/16 Sold $502,000 -3.3% $342 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $519,000 -- $354 / 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 $11,912 $756,300 $542,200 $214,100
2024 $11,842 $756,300 $542,200 $214,100
2023 $11,842 $407,500 $292,200 $115,300
2022 $11,703 $407,500 $292,200 $115,300
2021 $11,703 $407,500 $292,200 $115,300
2020 $11,748 $407,500 $292,200 $115,300
2019 $11,744 $407,500 $292,200 $115,300
2018 $11,593 $407,500 $292,200 $115,300
2017 $11,247 $407,500 $292,200 $115,300
2016 $10,958 $407,500 $292,200 $115,300
2015 $10,697 $407,500 $292,200 $115,300
2014 $10,579 $407,500 $292,200 $115,300
Source: Public Records

Agents Affiliated with this Home

  • Kimberley Haley

    Seller's Agent in 2023

    Kimberley Haley

    COLDWELL BANKER REALTY

    (908) 377-7174

    2 in this area

    295 Total Sales

    Kimberley Haley
    Section Image

  • D

    Buyer's Agent in 2023

    DANNY GALLEGO

    WEICHERT REALTORS

  • DENISE MORTENSON

    Seller's Agent in 2016

    DENISE MORTENSON

    TURPIN REAL ESTATE, INC.

    (973) 714-1309

    6 in this area

    49 Total Sales

    DENISE MORTENSON
    Section Image
  • Rick Ruotolo

    Buyer's Agent in 2016

    Rick Ruotolo

    RE/MAX

    (973) 723-7777

    1 in this area

    188 Total Sales

    Rick Ruotolo
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3839946

Garden State MLS

APN: 24-01201-0000-00002

New Jersey Morris County Morristown 07960

23 Olmstead Rd, Morristown, NJ

This home is located at 23 Olmstead Rd, Morristown, NJ 07960 since 25 April 2023 and is currently estimated at $903,179, approximately $616 per square foot. This property was built in 1926. 23 Olmstead Rd is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes