NOT LISTED FOR SALE

255 Morris Ave Mountain Lakes, NJ 07046

Estimated Value: $1,073,000 - $1,394,000

6 Beds
4 Baths
3,256 Sq Ft
$380/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $880,000 $270 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $8,379/month

11 Days on Market

About This Home

As of June 2023

This home is located at 255 Morris Ave, Mountain Lakes, NJ 07046 since 05 May 2023 and is currently estimated at $1,237,265, approximately $379 per square foot. This property was built in 1911. 255 Morris Ave is a home located in Morris County with nearby schools including Wildwood Elementary School, Briarcliff Middle School, and Mountain Lakes High School.

Last Agent to Sell the Property

Glen Baker

RE/MAX SELECT Brokerage Phone: 973-625-0450 Listed on: 05/05/2023

RE/MAX SELECT

Last Buyer's Agent

Mary Menard

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,650

Year Built

  • Built in 1911

Lot Details

  • 0.4 Acre Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,650

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Year Built: 1911
  • County Name: Morris
  • Street Number Display: 255
  • I D: 5219045
  • Modified: 2024-06-16
  • Number Images: 1
  • Attribution Contact: 973-625-0450
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 3.10

Lot Info

  • Lot Size: .397 AC
  • Total Acres: 0.40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jun 12, 2023
Sold by
Petronino Lydia G
Bought by
Wen Long and Yao Xiaolan
Seller's Agent
Glen Baker
RE/MAX SELECT
Buyer's Agent
Mary Menard
COMPASS NEW JERSEY, LLC
List Price
$925,000
Sold Price
$880,000
Premium/Discount to List
-$45,000
-4.86%
Views
73
Current Estimated Value
$1,237,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,265
Avg. Annual Appreciation
16.75%
Original Mortgage
$616,000
Outstanding Balance
$600,719
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$636,546

Purchase Details

Listed on
Jul 10, 2018
Closed on
Dec 19, 2018
Sold by
Smith Richard R and Smith Julia E
Bought by
Petronino Lydia G and Kern Steven M
Seller's Agent
Mary Menard
COMPASS NEW JERSEY, LLC
Buyer's Agent
INGRID WITTY
WEICHERT REALTORS
List Price
$755,000
Sold Price
$700,000
Premium/Discount to List
-$55,000
-7.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$559,200
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 29, 2013
Closed on
Aug 30, 2013
Sold by
Bobrowski Nicholas P and Bobrowski Heather A
Bought by
Smith Richard R and Smith Julia E
Seller's Agent
Mary Menard
COMPASS NEW JERSEY, LLC
Buyer's Agent
KATHLEEN BARRETT
PROMINENT PROPERTIES SIR
Sold Price
$795,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.37%

Purchase Details

Listed on
Aug 29, 2013
Closed on
Jul 24, 2013
Sold by
Bobrowski Nicholas P and Bobrowski Heather A
Bought by
Smith Julia E and Smith Richard R
Seller's Agent
Mary Menard
COMPASS NEW JERSEY, LLC
Buyer's Agent
KATHLEEN BARRETT
PROMINENT PROPERTIES SIR
Sold Price
$795,000

Purchase Details

Closed on
Feb 15, 2011
Sold by
Buckley Michael G and Buckley Nancy L
Bought by
Bobrowski Nicholas P and Bobrowski Heather A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2001
Sold by
Bradlee Jason
Bought by
Buckley Michael and Buckley Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
6.72%

Purchase Details

Closed on
Feb 11, 1999
Sold by
Hall Scott and Hall Lora
Bought by
Bradlee Jason A and Bradlee Christy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 1996
Sold by
Medlin Jane N and Medlin Jane N
Bought by
Hall Scott and Hall Lora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
7.37%
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
Wen Long $880,000 Evident Title Agency
Petronino Lydia G $700,000 Westcor Land Title Ins Co
Smith Richard R $795,000 --
Smith Julia E $795,000 --
Bobrowski Nicholas P $775,000 Chicago Title Insurance Co
Buckley Michael $735,000 --
Bradlee Jason A $450,000 --
Hall Scott $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wen Long $616,000
Previous Owner Petronino Lydia G $170,000
Previous Owner Petroning Lydia G $510,400
Previous Owner Petronino Lydia G $559,200
Previous Owner Bobrowski Nicholas P $620,000
Previous Owner Buckley Michael G $200,000
Previous Owner Buckley Michael $435,000
Previous Owner Bradlee Jason A $75,000
Previous Owner Hall Scott $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $880,000 -4.9% $270 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $925,000 +32.1% $284 / Sq Ft
12/19/2018 12/19/18 Sold $700,000 -7.3% $215 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $755,000 -5.0% $232 / Sq Ft
08/29/2013 08/29/13 Sold $795,000 -- $244 / 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 $19,650 $839,100 $381,200 $457,900
2023 $19,650 $777,300 $349,300 $428,000
2022 $19,401 $716,000 $346,700 $369,300
2021 $20,136 $691,400 $336,600 $354,800
2020 $18,563 $662,500 $353,400 $309,100
2019 $20,136 $744,400 $353,400 $391,000
2018 $19,563 $744,400 $353,400 $391,000
2017 $19,146 $744,400 $353,400 $391,000
2016 $18,811 $744,400 $353,400 $391,000
2015 $18,372 $744,400 $353,400 $391,000
2014 $18,029 $744,400 $353,400 $391,000
Source: Public Records

Agents Affiliated with this Home

  • Glen Baker

    Seller's Agent in 2023

    Glen Baker

    RE/MAX

    (973) 727-8539

    1 in this area

    170 Total Sales

    Glen Baker
    Section Image
  • Mary Menard

    Buyer's Agent in 2023

    Mary Menard

    COMPASS NEW JERSEY, LLC

    (973) 879-2860

    106 in this area

    158 Total Sales

    Mary Menard
    Section Image

  • I

    Buyer's Agent in 2018

    INGRID WITTY

    WEICHERT REALTORS

  • K

    Buyer's Agent in 2013

    KATHLEEN BARRETT

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3842005

Garden State MLS

APN: 25-00097-0000-00032

New Jersey Morris County Mountain Lakes 07046

255 Morris Ave, Mountain Lakes, NJ

This home is located at 255 Morris Ave, Mountain Lakes, NJ 07046 since 05 May 2023 and is currently estimated at $1,237,265, approximately $379 per square foot. This property was built in 1911. 255 Morris Ave is a home located in Morris County with nearby schools including Wildwood Elementary School, Briarcliff Middle School, and Mountain Lakes High School.

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