NOT LISTED FOR SALE

31 Spring Brook Rd Morristown, NJ 07960

Estimated Value: $1,345,000 - $1,705,000

5 Beds
4 Baths
2,930 Sq Ft
$523/Sq Ft Est. Value

Last Sold July 18, 2024

Last sale price $1,620,000 $553 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $9,576/month

9 Days on Market

About This Home

As of July 2024

This home is located at 31 Spring Brook Rd, Morristown, NJ 07960 since 28 May 2024 and is currently estimated at $1,532,522, approximately $523 per square foot. This property was built in 1927. 31 Spring Brook Rd is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

Last Agent to Sell the Property

JILL FAHERTY

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 908-696-8600 Listed on: 05/28/2024

Co-Listed By

KAREN LEMKE

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 908-696-8600

Last Buyer's Agent

ALLISON B LEES

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,033

Year Built

  • Built in 1927

Lot Details

  • 0.42 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,033

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Year Built: 1927
  • County Name: Morris
  • Street Number Display: 31
  • I D: 5289786
  • Modified: 2025-07-19
  • Number Images: 1
  • Attribution Contact: 908-696-8600
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.20

Lot Info

  • Lot Size: 0.42 AC
  • Total Acres: 0.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Jul 10, 2024
Sold by
Marchigiano Justin and Marchigiano Ariana
Bought by
Oleary John Patrick and Oleary Anne Flanagan
Seller's Agent
JILL FAHERTY
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
ALLISON B LEES
PROMINENT PROPERTIES SIR
List Price
$1,350,000
Sold Price
$1,620,000
Premium/Discount to List
$270,000
20%
Views
89
Current Estimated Value
$1,532,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,478
Avg. Annual Appreciation
-4.48%
Original Mortgage
$600,000
Outstanding Balance
$592,778
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$939,744

Purchase Details

Listed on
Mar 14, 2017
Closed on
Mar 28, 2017
Sold by
Hills Jim and Hills Debra
Bought by
Marchigiano Justin and Marchigiano Ariana
Seller's Agent
ROBERTA JASPER
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
JILL FAHERTY
KL SOTHEBY'S INT'L. REALTY
List Price
$899,900
Sold Price
$866,000
Premium/Discount to List
-$33,900
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Original Mortgage
$692,800
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2007
Sold by
Ferenbach Patricia
Bought by
Hills Jim and Hills Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,999
Interest Rate
6.18%
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
Oleary John Patrick $1,620,000 American Land Title
Redacted Upon Request $1,620,000 American Land Title
Marchigiano Justin $866,000 Chicago Title Insurance Co
Hills Jim $999,999 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redacted Upon Request $600,000
Closed Redacted Upon Request $600,000
Previous Owner Marchigiano Justin $692,800
Previous Owner Hills Jim $79,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2024 07/18/24 Sold $1,620,000 +20.0% $553 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $1,350,000 +55.9% $461 / Sq Ft
03/28/2017 03/28/17 Sold $866,000 -3.8% $296 / Sq Ft View Prior Sale
03/15/2017 03/15/17 Pending -- -- --
03/14/2017 03/14/17 For Sale $899,900 -- $307 / 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 $17,033 $922,000 $371,000 $551,000
2024 $17,059 $850,800 $371,000 $479,800
2023 $17,059 $850,800 $371,000 $479,800
2022 $16,267 $850,800 $371,000 $479,800
2021 $16,267 $850,800 $371,000 $479,800
2020 $15,842 $850,800 $371,000 $479,800
2019 $15,595 $850,800 $371,000 $479,800
2018 $15,425 $850,800 $371,000 $479,800
2017 $15,323 $850,800 $371,000 $479,800
2016 $15,085 $850,800 $371,000 $479,800
2015 $15,832 $624,300 $366,000 $258,300
2014 $15,626 $624,300 $366,000 $258,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    JILL FAHERTY

    KL SOTHEBY'S INT'L. REALTY

  • K

    Seller Co-Listing Agent in 2024

    KAREN LEMKE

    KL SOTHEBY'S INT'L. REALTY

  • A

    Buyer's Agent in 2024

    ALLISON B LEES

    PROMINENT PROPERTIES SIR

  • ROBERTA JASPER

    Seller's Agent in 2017

    ROBERTA JASPER

    CHRISTIE'S INT. REAL ESTATE GROUP

    (973) 229-3459

    18 Total Sales

    ROBERTA JASPER
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Map

Source: Garden State MLS

MLS Number: 3904011

Garden State MLS

APN: 22-06502-0000-00021

New Jersey Morris County Morristown 07960

31 Spring Brook Rd, Morristown, NJ

This home is located at 31 Spring Brook Rd, Morristown, NJ 07960 since 28 May 2024 and is currently estimated at $1,532,522, approximately $523 per square foot. This property was built in 1927. 31 Spring Brook Rd is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

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