NOT LISTED FOR SALE

318 Pitney Place Morristown, NJ 07960

Estimated Value: $325,000 - $357,000

1 Bed
1 Bath
785 Sq Ft
$348/mo HOA Fee

Last Sold September 08, 2021

Last sale price $260,000 $331 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,483/month

12 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Eat-In Kitchen
  • Hillcrest School Rated A-
  • Porch
  • Living Room

About This Home

As of September 2021

This lovely 2nd story 1 BR 1 bath condo features great closet storage, is newly painted & includes washer/dryer, quartz counters, new AC units & new large windows that radiate tons of natural light! This unit is steps away from the outdoor pool & has a beautifully landscaped courtyard where you can kick your feet up and relax. The Twp offers extremely low taxes! Great proximity to Midtown direct train, Morristown Medical Center & all that Morristown has to offer. Easy access to 287. Heat & Water included!! WHY RENT WHEN YOU CAN BUY!!

Last Agent to Sell the Property

Meredith Giudice

COMPASS NEW JERSEY LLC Listed on: 07/18/2021

COMPASS NEW JERSEY LLC

Last Buyer's Agent

Nicole Haslett

KELLER WILLIAMS METROPOLITAN

KELLER WILLIAMS METROPOLITAN

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,372

Year Built

  • Built in 1963

Lot Details

  • 4,356

HOA Fees

  • $348 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Tile

Interior Spaces

  • 1-Story Property
  • Living Room
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Porch

Schools

  • Woodland Elementary School
  • Frelghuysn Middle School
  • Mtwn 9-12 High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Cooling System Mounted In Outer Wall Opening
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2322-08301-0000-00003-0000-C0318
  • Tax Block *

Community Details

Overview

  • Association fees include heat, maintenance-common area, snow removal, trash collection, water fees

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,372

Year Built

Built in 1963

Lot Details

0

HOA Fees

$348 per month

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1963
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 318
  • Directions: Madison Ave to Pitney Place
  • I D: 5089277
  • Modified: 2022-09-09
  • Number Images: 13
  • Section Subdiv Development: Township Village
  • First Name: MEREDITH
  • First Name3: NICOLE
  • Last Name: GIUDICE
  • Last Name3: HASLETT
  • Office Phone3: 287930
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile, Wood
  • Floor Number: 2
  • Appliances: Carbon Monoxide Detector, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Number Rooms: 4
  • Bedrooms: 1
  • Bedroom 1 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: Second
  • Living Room Level: Second
  • Level 2 Rooms: 1 Bedroom, Bath Main, Kitchen, Living Room
  • Phone: 973-263-0400

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Curbs, Open Porch(es), Sidewalk
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Assigned

Utilities

  • Cooling: 2 Units, Wall A/C Unit(s)
  • Fuel Type: Electric, Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Association, Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Pool-Outdoor
  • Association Maintenance Fee: 348
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Heat, Maintenance-Common Area, Snow Removal, Trash Collection, Water Fees

Schools

  • Elementary School: Woodland
  • Middle School: Frelghuysn
  • High School: MTWN 9-12
  • High School: MTWN 9-12
  • Middle Jr High School: Frelghuysn

Lot Info

  • Lot Size: 0.0973 AC
  • Assessed Improvement Value: 66100
  • Assessed Land Value: 115000
  • Assessment: 181100
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.10

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 3372
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-08301-0000-00003-0000-C0318
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.862
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: Woodland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2021
Closed on
Sep 7, 2021
Sold by
Tracey Melissa K
Bought by
Gronke Jonathan P and Gronke Mark
Seller's Agent
Meredith Giudice
COMPASS NEW JERSEY LLC
Buyer's Agent
Nicole Haslett
KELLER WILLIAMS METROPOLITAN
List Price
$290,000
Sold Price
$260,000
Premium/Discount to List
-$30,000
-10.34%
Current Estimated Value
$345,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,669
Avg. Annual Appreciation
7.64%
Original Mortgage
$242,250
Outstanding Balance
$220,909
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$129,697

Purchase Details

Closed on
Aug 10, 2018
Sold by
Codomo Santa
Bought by
Tracey Melissa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 1999
Sold by
Lockwood Donna Maria
Bought by
Shepard Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7%
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
Gronke Jonathan P $260,000 Heritage Abstract Company
Tracey Melissa K $232,000 None Available
Shepard Jeffrey $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gronke Jonathan P $242,250
Previous Owner Tracey Melissa K $207,000
Previous Owner Shepard Jeffrey $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $260,000 -10.3% $331 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/18/2021 07/18/21 For Sale $290,000 -- $369 / 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 $3,626 $181,100 $115,000 $66,100
2024 $3,631 $181,100 $115,000 $66,100
2023 $3,631 $181,100 $115,000 $66,100
2022 $3,463 $181,100 $115,000 $66,100
2021 $3,320 $181,100 $115,000 $66,100
2020 $3,372 $181,100 $115,000 $66,100
2019 $3,320 $181,100 $115,000 $66,100
2018 $3,283 $181,100 $115,000 $66,100
2017 $3,262 $181,100 $115,000 $66,100
2016 $3,211 $181,100 $115,000 $66,100
2015 $3,043 $120,000 $70,000 $50,000
2014 $3,004 $120,000 $70,000 $50,000
Source: Public Records

Agents Affiliated with this Home

  • Meredith Giudice

    Seller's Agent in 2021

    Meredith Giudice

    COMPASS NEW JERSEY LLC

    (973) 809-4906

    1 in this area

    55 Total Sales

    Meredith Giudice
    Section Image
  • Nicole Haslett

    Buyer's Agent in 2021

    Nicole Haslett

    KELLER WILLIAMS METROPOLITAN

    (908) 887-0862

    20 in this area

    140 Total Sales

    Nicole Haslett
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3728219

Garden State MLS

APN: 22-08301-0000-00003-0000-C0318

New Jersey Morris County Morristown 07960

318 Pitney Place, Morristown, NJ

This home is located at 318 Pitney Place, Morristown, NJ 07960 since 18 July 2021 and is currently estimated at $345,669, approximately $440 per square foot. This property was built in 1963. 318 Pitney Place is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

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