242 Lake Rd Morristown, NJ 07960
Morris Township NeighborhoodEstimated Value: $593,000 - $922,660
4
Beds
2
Baths
1,822
Sq Ft
$393/Sq Ft
Est. Value
About This Home
This home is located at 242 Lake Rd, Morristown, NJ 07960 and is currently estimated at $715,165, approximately $392 per square foot. 242 Lake Rd is a home located in Morris County with nearby schools including Hillcrest School, Alfred Vail School, and Thomas Jefferson School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 30, 2016
Sold by
Pisano Paul E
Bought by
Mathew Thomas and Mathew Elizabeth
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,250
Outstanding Balance
$220,903
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$494,262
Purchase Details
Closed on
Aug 14, 2008
Sold by
Pisano Charles and Pisano Patricia
Bought by
Pisano Charles F and Pisano Patricia A
Purchase Details
Closed on
Jun 30, 2006
Sold by
Pisano Patricia
Bought by
Pisano Charles and Pisano Patricia
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
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Mathew Thomas | $363,000 | Vital Abstract Llc | |
Pisano Charles F | -- | None Available | |
Pisano Charles | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Mathew Thomas | $272,250 |
Source: Public Records
Tax History Compared to Growth
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 |
---|---|---|---|---|
2024 | $12,056 | $601,300 | $377,700 | $223,600 |
2023 | $12,056 | $601,300 | $377,700 | $223,600 |
2022 | $11,497 | $601,300 | $377,700 | $223,600 |
2021 | $11,497 | $601,300 | $377,700 | $223,600 |
2020 | $11,196 | $601,300 | $377,700 | $223,600 |
2019 | $9,601 | $523,800 | $398,700 | $125,100 |
2018 | $9,496 | $523,800 | $398,700 | $125,100 |
2017 | $9,434 | $523,800 | $398,700 | $125,100 |
2016 | $9,287 | $523,800 | $398,700 | $125,100 |
2015 | $15,361 | $605,700 | $451,500 | $154,200 |
2014 | $15,161 | $605,700 | $451,500 | $154,200 |
Source: Public Records
Map
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