NOT LISTED FOR SALE

268 Fairmount Ave Chatham, NJ 07928

Estimated Value: $2,380,000 - $3,474,000

7 Beds
6.5 Baths
-- Sq Ft
0.52 Acres

Last Sold May 26, 2022

Last sale price $2,399,000

Est. 20% increase in value since last sale

Current estimated payment $18,131/month

222 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Chatham High School Rated A+
  • Recreation Room
  • High Ceiling

About This Home

As of May 2022

New construction home to be built on prestigious "Mansion Row" in Chatham Borough. 7 bedrooms, 6 1/2 bath colonial with all the luxuries and conveniences buyers are looking for. Top of the line appliances, custom trim work throughout & fabulous floor plan. All bedrooms with en-suites, first floor office/bedroom, lower level rec room, gym, bedroom and full bath. The walk out basement will lead to a lovely yard perfect for entertaining and play. Photo is of builders past project. Home will be very similar.

Last Agent to Sell the Property

KAREN TORRENTE

COLDWELL BANKER REALTY Listed on: 06/23/2021

Last Buyer's Agent

KATHLEEN FRIDAY

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,811

Year Built

  • Built in 2021

Lot Details

  • 0.52 Acre Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Home to be built
  • Colonial Architecture
  • Stone Siding
  • Siding
  • Composite Building Materials
  • Tile

Interior Spaces

  • High Ceiling
  • Mud Room
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Game Room
  • Utility Room
  • Laundry Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Soaking Tub

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Schools

  • Washington Elementary School
  • Chatham Middle School
  • Chatham High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Generator Hookup
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2304-00008-0000-00012-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,811

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2021
  • Year Built Description: To Be Built
  • County Name: Morris
  • Directions: Main Street or Watchung Avenue to Fairmount Avenue
  • I D: 5083151
  • First Name: KAREN
  • First Name3: KATHLEEN
  • Last Name: TORRENTE
  • Last Name3: FRIDAY
  • Office Phone3: 973-376-0033
  • Attribution Contact: 973-635-8200
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Generator-Hookup, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump, WineRefr
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, SoakTub, TubShowr, Walk-In Closet
  • Bedrooms: 7
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Soaking Tub
  • Bathrooms: 6.10
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Exercise Room, Rec Room, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: Second
  • Other Room 2: Bedroom
  • Other Room2 Level: First
  • Other Room 3: Exercise Room
  • Other Room3 Level: Basement
  • Other Room 4: Rec Room
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Dining Room, Family Room, Kitchen, Living Room, MudRoom, Office, Pantry, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Level 3 Rooms: GameRoom
  • Phone: 973-635-8200

Exterior Features

  • Exterior Description: Composition Siding, Stone
  • Exterior Features: Deck, Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Home Warranty: Yes

Schools

  • High School: Chatham
  • Middle Jr High School: Chatham

Lot Info

  • Lot Size: 100X226
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.52

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Assessor Parcel Number: 2304-00008-0000-00012-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.119
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
May 23, 2022
Sold by
Innovative Construction And Design Limit
Bought by
Maurer Living Trust
Seller's Agent
KAREN TORRENTE
COLDWELL BANKER REALTY
Buyer's Agent
KATHLEEN FRIDAY
PROMINENT PROPERTIES SIR
List Price
$2,399,000
Sold Price
$2,399,000
Current Estimated Value
$2,872,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,163
Avg. Annual Appreciation
5.22%
Original Mortgage
$675,000
Outstanding Balance
$641,350
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$2,230,813

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 2, 2021
Sold by
Johnson Carolie W
Bought by
Innovative Construction And Design Llc
Seller's Agent
TRACEY STAGAARD
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
KAREN TORRENTE
COLDWELL BANKER REALTY
List Price
$940,000
Sold Price
$960,000
Premium/Discount to List
$20,000
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
157.08%
Original Mortgage
$1,445,481
Interest Rate
2.96%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 12, 2019
Sold by
Johnson Carolie W and Estate Of Carolie P Wildrick
Bought by
Johnson Carolie W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maurer Living Trust $2,399,000 Westcor Land Title
Innovative Construction And Design Llc $960,000 Chicago Title Insurance Co
Innovative Const & Design Llc $960,000 Chicago Title
Johnson Carolie W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maurer Living Trust $675,000
Previous Owner Innovative Const & Design Llc $1,445,481
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2022 05/26/22 Sold $2,399,000 0.0% --
02/13/2022 02/13/22 For Sale $2,399,000 0.0% --
02/10/2022 02/10/22 Pending -- -- --
09/20/2021 09/20/21 Off Market $2,399,000 -- --
07/02/2021 07/02/21 For Sale $2,399,000 +149.9% --
06/07/2021 06/07/21 Sold $960,000 +2.1% -- View Prior Sale
05/14/2021 05/14/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $940,000 -- --
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 $36,811 $2,273,700 $644,600 $1,629,100
2024 $35,333 $2,273,700 $644,600 $1,629,100
2023 $35,333 $2,273,700 $644,600 $1,629,100
2022 $13,536 $633,400 $633,400 $0
2021 $13,536 $633,400 $633,400 $0
2020 $13,422 $633,400 $633,400 $0
2019 $13,327 $633,400 $633,400 $0
2018 $12,953 $633,400 $633,400 $0
2017 $12,579 $633,400 $633,400 $0
2016 $12,250 $633,400 $633,400 $0
2015 $12,104 $633,400 $633,400 $0
2014 $12,016 $633,400 $633,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3722637

Garden State MLS

APN: 04-00008-0000-00012