NOT LISTED FOR SALE

242 Riveredge Dr Chatham, NJ 07928

Estimated Value: $457,000 - $513,000

1 Bed
1 Bath
1,118 Sq Ft
$442/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $353,500 $316 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,566/month

23 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Community Pool
  • Chatham High School Rated A+
  • Wood Flooring
  • Formal Dining Room

About This Home

As of July 2019

It's a WOW! Lovely updated 1 bedroom, 1 bath townhome with finished LL in desirable Sutton Woods. Entry hall, large formal living and dining rooms with newer white kitchen, stainless appliances and granite countertops. Large master bedroom with spacious walk in closet. Updated bath with white vanity and marble top. Deck off dining room. Large windows, lots of light! Unit is very close to pool and tennis courts and easy access to trains, JFK Parkway and route 24.

Last Agent to Sell the Property

ADRIENNE FRANCIS

COMPASS NEW JERSEY, LLC Listed on: 03/25/2019

Last Buyer's Agent

ELVIRA GREEN

COCCIA REAL ESTATE GROUP, LLC.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,579

Year Built

  • Built in 1993

Lot Details

  • 392

HOA Fees

  • $337 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Composition Shingle Roof
  • Vinyl Siding
  • Tile

Interior Spaces

  • Family Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Garage Access
  • Front Basement Entry

Home Security

Schools

  • Southern Elementary School
  • Chatham Middle School
  • Chatham High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Deck
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 2305-00064-0004-00011-0005-
  • Tax Block *

Community Details

Overview

  • Association fees include trash collection, water fees
  • $51 Other Monthly Fees

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,579

Year Built

Built in 1993

Lot Details

0

HOA Fees

$337 per month

Parking

1

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1993
  • Year Built Description: Approximate
  • County Name: Morris
  • Renovated Year: 2018
  • Street Number Display: 242
  • Directions: River Rd. to Mount Vernon to Riveredge
  • I D: 4880992
  • Modified: 2021-09-23
  • Number Images: 23
  • Section Subdiv Development: Sutton Woods
  • First Name: ADRIENNE
  • First Name3: ELVIRA
  • Last Name: FRANCIS
  • Last Name3: GREEN
  • Office Phone: 973-315-8180
  • Office Phone3: 973-887-2500
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Renovated: 2018

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Carbon Monoxide Detector, Refrigerator, CookGas, Washer, Dishwasher, Self Cleaning Oven, Dryer, Microwave Oven
  • Interior Amenities: Walk-In Closet, StallTub, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 5
  • Bedrooms: 1
  • Master Bedroom Desc: Walk-In Closet
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: GarEnter, Family Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: Basement
  • Kitchen Area: Breakfast Bar
  • Kitchen Dim: 12x12
  • Kitchen Level: First
  • Living Room Dim: 20x15
  • Living Room Level: First
  • Level 1 Rooms: 1 Bedroom, Living Room, Dining Room, Entrance Vestibule, Bath Main, Kitchen
  • Phone: 908-766-0085

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Underground Lawn Sprinkler, Curbs, Tennis Courts, Deck, Sidewalk
  • Pool Description: Association Pool
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Built-In Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Common

Utilities

  • Cooling: 1 Unit
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Association
  • Utilities: Electric
  • Water: Association
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 337
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Trash Collection, Water Fees

Fee Information

  • Other Fee Freqency: Quarterly
  • Other Fees: 152

Schools

  • Elementary School: Southern
  • Middle School: Chatham
  • High School: Chatham
  • High School: Chatham
  • Middle Jr High School: Chatham

Lot Info

  • Lot Size: 0.0000 AC
  • Assessed Improvement Value: 154400
  • Assessed Land Value: 150000
  • Assessment: 304400
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 11.5
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 1011
  • Pets Allowed: CatsOK, Call, DogsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5579
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2305-00064-0004-00011-0005-
  • Tax Rate Amount: 1.833
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Southern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
Jul 12, 2019
Sold by
Williams Derek and Fung Tak Yin S
Bought by
Warner David and Chang Shun Yao
Seller's Agent
ADRIENNE FRANCIS
COMPASS NEW JERSEY, LLC
Buyer's Agent
ELVIRA GREEN
COCCIA REAL ESTATE GROUP, LLC.
List Price
$359,000
Sold Price
$353,500
Premium/Discount to List
-$5,500
-1.53%
Current Estimated Value
$494,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,054
Avg. Annual Appreciation
5.06%

Purchase Details

Listed on
Feb 15, 2017
Closed on
May 18, 2017
Sold by
Higgins Matthew P and Higgins Ann L
Bought by
Williams Derek C and Fung Tak Yin S
Seller's Agent
ROSEMARY A PUCCI
COLDWELL BANKER REALTY
Buyer's Agent
ADRIENNE FRANCIS
COMPASS NEW JERSEY, LLC
List Price
$345,000
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.14%
Original Mortgage
$310,500
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 2, 2014
Closed on
Jun 27, 2014
Sold by
Sherr Jamie B
Bought by
Higgins Matthew P and Curran Ann L
Seller's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.10%
Original Mortgage
$308,750
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2003
Sold by
Valente Hilary
Bought by
Sherr Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
5.28%

Purchase Details

Closed on
Dec 11, 2000
Sold by
Knight Jon and Knight Kathy
Bought by
Valente Alfonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
7.7%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 19, 1996
Sold by
Furlong Charles L and Furlong Amy L
Bought by
Knight Jon and Knight Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Interest Rate
7%
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
Warner David $353,500 None Available
Williams Derek C $345,000 Chicago Title Insurance Co
Higgins Matthew P $325,000 Multiple
Sherr Jamie $310,000 --
Valente Alfonso $210,000 --
Knight Jon $166,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Derek C $310,500
Previous Owner Higgins Matthew P $308,750
Previous Owner Sherr Jamie B $40,000
Previous Owner Sherr Jamie $279,000
Previous Owner Valente Alfonso $189,000
Previous Owner Knight Jon $132,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $353,500 -1.5% $316 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $359,000 +4.1% $321 / Sq Ft
05/18/2017 05/18/17 Sold $345,000 0.0% $309 / Sq Ft
03/15/2017 03/15/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $345,000 +6.2% $309 / Sq Ft
07/02/2014 07/02/14 Sold $325,000 -- $291 / 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
2024 $6,255 $319,800 $150,000 $169,800
2023 $6,255 $319,800 $150,000 $169,800
2022 $6,175 $319,800 $150,000 $169,800
2021 $6,175 $319,800 $150,000 $169,800
2020 $6,054 $319,800 $150,000 $169,800
2019 $5,644 $304,400 $150,000 $154,400
2018 $5,580 $304,400 $150,000 $154,400
2017 $5,440 $304,400 $150,000 $154,400
2016 $5,354 $304,400 $150,000 $154,400
2015 $5,333 $304,400 $150,000 $154,400
2014 $5,290 $304,400 $150,000 $154,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3541763

Garden State MLS

APN: 05-00064-04-00011-05