243 Martin Luther King Ave Morristown, NJ 07960
Estimated Value: $469,000 - $542,000
2
Beds
1
Bath
1,200
Sq Ft
$425/Sq Ft
Est. Value
About This Home
This home is located at 243 Martin Luther King Ave, Morristown, NJ 07960 and is currently estimated at $509,964, approximately $424 per square foot. 243 Martin Luther King Ave is a home located in Morris County with nearby schools including Alfred Vail School, Hillcrest School, and Thomas Jefferson School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 27, 2006
Sold by
Gallego Juan
Bought by
Hernandez Sulma and Hernandez Jennifer
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
$288,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 30, 2005
Sold by
Cumberbatch Dorothy
Bought by
Gallego Juan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,750
Interest Rate
6.06%
Mortgage Type
New Conventional
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 |
---|---|---|---|
Hernandez Sulma | $360,000 | -- | |
Gallego Juan | $257,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Hernandez Sulma | $303,456 | |
Closed | Hernandez Sulma | $288,000 | |
Previous Owner | Gallego Juan | $231,750 | |
Previous Owner | Sancho Mary D | $50,500 |
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 | $4,084 | $203,700 | $86,900 | $116,800 |
2023 | $4,084 | $203,700 | $86,900 | $116,800 |
2022 | $3,582 | $203,700 | $86,900 | $116,800 |
2021 | $3,582 | $203,700 | $86,900 | $116,800 |
2020 | $3,793 | $203,700 | $86,900 | $116,800 |
2019 | $3,734 | $203,700 | $86,900 | $116,800 |
2018 | $3,693 | $203,700 | $86,900 | $116,800 |
2017 | $3,669 | $203,700 | $86,900 | $116,800 |
2016 | $3,612 | $203,700 | $86,900 | $116,800 |
2015 | $3,723 | $146,800 | $64,700 | $82,100 |
2014 | $3,674 | $146,800 | $64,700 | $82,100 |
Source: Public Records
Map
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