NOT LISTED FOR SALE

249 Speedwell Ave Morristown, NJ 07960

Estimated Value: $647,000 - $796,000

-- Bed
-- Bath
1,850 Sq Ft
$383/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $650,000 $351 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,502/month

16 Days on Market

About This Home

As of June 2024

This home is located at 249 Speedwell Ave, Morristown, NJ 07960 since 11 March 2024 and is currently estimated at $708,413, approximately $382 per square foot. This property was built in 1898. 249 Speedwell Ave is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Sussex Avenue School.

Last Agent to Sell the Property

FABIO BARI

SIGNATURE REALTY NJ Brokerage Phone: 973-921-1111 Listed on: 03/11/2024

Last Buyer's Agent

ROBERT KOBUS

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,733

Year Built

  • Built in 1898

Lot Details

  • 0.29 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,733

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Year Built: 1898
  • County Name: Morris
  • Street Number Display: 249
  • I D: 5272670
  • Modified: 2025-06-04
  • Number Images: 1
  • Attribution Contact: 973-921-1111
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X257
  • Total Acres: 0.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Apr 25, 2024
Sold by
249 Speedwell 07960 Llc
Bought by
Axelboy Llc
Seller's Agent
FABIO BARI
SIGNATURE REALTY NJ
Buyer's Agent
ROBERT KOBUS
COLDWELL BANKER REALTY
List Price
$650,000
Sold Price
$650,000
Views
61
Current Estimated Value
$708,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,413
Avg. Annual Appreciation
7.01%

Purchase Details

Listed on
Apr 10, 2015
Closed on
Apr 10, 2015
Sold by
Bangiola Donna
Bought by
249 Speedwell 07960 Llc
Seller's Agent
Rick Ruotolo
RE/MAX TOWN & VALLEY II
Buyer's Agent
Rick Ruotolo
RE/MAX TOWN & VALLEY II
Sold Price
$333,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$250,000
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage
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
Axelboy Llc $650,000 American Land Title
Axelboy Llc $650,000 American Land Title
249 Speedwell 07960 Llc $333,500 Wfg National Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 249 Speedwell 07960 Llc $340,000
Previous Owner 249 Speedwell 07960 Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $650,000 0.0% $351 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $650,000 +94.9% $351 / Sq Ft
04/10/2015 04/10/15 Sold $333,500 -- $180 / 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 $8,733 $554,500 $223,600 $330,900
2024 $7,713 $554,500 $223,600 $330,900
2023 $7,713 $265,400 $142,000 $123,400
2022 $7,622 $265,400 $142,000 $123,400
2021 $7,622 $265,400 $142,000 $123,400
2020 $7,651 $265,400 $142,000 $123,400
2019 $7,649 $265,400 $142,000 $123,400
2018 $7,551 $265,400 $142,000 $123,400
2017 $7,325 $265,400 $142,000 $123,400
2016 $7,137 $265,400 $142,000 $123,400
2015 $6,967 $265,400 $142,000 $123,400
2014 $6,890 $265,400 $142,000 $123,400
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2024

    FABIO BARI

    SIGNATURE REALTY NJ

  • R

    Buyer's Agent in 2024

    ROBERT KOBUS

    COLDWELL BANKER REALTY

  • Rick Ruotolo

    Seller's Agent in 2015

    Rick Ruotolo

    RE/MAX

    (973) 723-7777

    1 in this area

    189 Total Sales

    Rick Ruotolo
    Section Image

  • R

    Seller Co-Listing Agent in 2015

    RUDY RIVERON

    COLDWELL BANKER REALTY

    4 Total Sales

    RUDY RIVERON
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3890096

Garden State MLS

APN: 24-03301-0000-00028

New Jersey Morris County Morristown 07960

249 Speedwell Ave, Morristown, NJ

This home is located at 249 Speedwell Ave, Morristown, NJ 07960 since 11 March 2024 and is currently estimated at $708,413, approximately $382 per square foot. This property was built in 1898. 249 Speedwell Ave is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Sussex Avenue School.

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