$2,000,000
SOLD JAN 16, 2025

261 Washington Ave Chatham, NJ 07928

5 Beds
4 Baths
3,792 Sq Ft
0.56 Acres

Recently Sold

$527 Per Sq Ft

13 Days on Market

About This Home

As of January 2025

This home is located at 261 Washington Ave, Chatham, NJ 07928 and is currently priced at $2,000,000, approximately $527 per square foot. This property was built in 1940. 261 Washington Ave is a home located in Morris County with nearby schools including Chatham High School, St. Patrick School, and ECLC of New Jersey.

Last Agent to Sell the Property

Zander Oldendorp

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 10/24/2024

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

ALLISON B LEES

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,253

Year Built

  • Built in 1940

Lot Details

  • 0.56 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,253

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • County Name: Morris
  • Street Number Display: 261
  • I D: 5320534
  • Modified: 2025-01-17
  • Number Images: 1
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 100X245
  • Total Acres: 0.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Jan 14, 2025
Sold by
Lyon Richard E and Lyon Peter J
Bought by
Gambro Merrill Rose and Gonzales John Patrick
Seller's Agent
Zander Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
ALLISON B LEES
PROMINENT PROPERTIES SIR
List Price
$2,000,000
Sold Price
$2,000,000
Views
30
Current Estimated Value
$2,051,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,619
Avg. Annual Appreciation
5.12%

Purchase Details

Closed on
Dec 26, 2006
Sold by
Lyon Richard
Bought by
Lyon Richard and Lyon Anne
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $2,000,000 Old Republic Title
Deed $2,000,000 Old Republic Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2025 01/16/25 Sold $2,000,000 0.0% $527 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
10/24/2024 10/24/24 For Sale $2,000,000 -- $527 / 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 $25,253 $1,625,000 $914,000 $711,000
2023 $25,253 $1,625,000 $914,000 $711,000
2022 $28,920 $1,353,300 $768,600 $584,700
2021 $28,920 $1,353,300 $768,600 $584,700
2020 $28,676 $1,353,300 $768,600 $584,700
2019 $28,473 $1,353,300 $768,600 $584,700
2018 $27,675 $1,353,300 $768,600 $584,700
2017 $26,877 $1,353,300 $768,600 $584,700
2016 $26,173 $1,353,300 $768,600 $584,700
2015 $25,862 $1,353,300 $768,600 $584,700
2014 $25,672 $1,353,300 $768,600 $584,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3931052

Garden State MLS

APN: 04-00005-0000-00003