NOT LISTED FOR SALE

38 University Ave Chatham, NJ 07928

Estimated Value: $1,093,000 - $1,575,000

5 Beds
3 Baths
2,794 Sq Ft
$479/Sq Ft Est. Value

Last Sold January 15, 2020

Last sale price $625,000 $224 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $8,478/month

29 Days on Market

Highlights

  • Second Kitchen
  • Colonial Architecture
  • Wood Flooring
  • Chatham High School Rated A+
  • Recreation Room
  • Attic

About This Home

As of January 2020

Chatham Boro, in town location! Walk to train and town shops. Quiet neighborhood. Meticulously maintained center hall colonial. Large eat in kitchen next to family room with FP. Formal LR and DR. 1st Fl Laundry and full bath. Attached 2 car garage with double width parking! There are wood floors in LR, DR, hall and 3 of the bedrooms. The 2nd fl has a total of 5 bedrooms and 2 full baths. There is an au pair suite on the 2nd floor which has 2 of the 5 bedrooms, a full bath, kitchen and family room. The home has multi zone heating and central air conditioning. There is a level private rear yard and patio. The basement is unfinished with high ceilings. Chatham has highly rated public schools and the midtown direct train to NY Penn Station, it is 20 min to Newark Int Airport. A must see!

Last Agent to Sell the Property

Amy Ball

COLDWELL BANKER REALTY Listed on: 09/12/2019

COLDWELL BANKER REALTY

Last Buyer's Agent

ALEXANDRA STROM

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,259

Year Built

  • Built in 1967

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Family Room with entrance to outdoor space
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Utility Room
  • Attic

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Milton Elementary School
  • Chatham Middle School
  • Chatham High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Zoned Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2304-00049-0000-00018-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,259

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1967
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 38
  • Directions: Main St Chatham if headed West, make first right on University Ave or second right on Roosevelt. House at end on right #38 University
  • I D: 4926430
  • Modified: 2021-09-23
  • Number Images: 21
  • First Name: AMY
  • First Name3: ALEXANDRA
  • Last Name: BALL
  • Last Name3: STROM
  • Office Phone3: 908-766-7447
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Refrigerator, OvnWGas, CookGas, Washer, Dishwasher, Kitchen Exhaust Fan, Dryer, Sump Pump
  • Interior Amenities: StallShw, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 11
  • Bedrooms: 5
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Basement Level Rooms: Utility Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 2, Kitchen, FamilyRm, Full Bath
  • Kitchen Area: Second Kitchen, Eat-In Kitchen
  • Kitchen Dim: 19x12
  • Kitchen Level: First
  • Living Room Dim: 12x16
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 9x12
  • Other Room1 Level: Second
  • Other Room 2: FamilyRm
  • Other Room2 Dim: 11x24
  • Other Room2 Level: Second
  • Other Room 3: Kitchen
  • Other Room3 Dim: 9x11
  • Other Room3 Level: Second
  • Other Room 4: Rec Room
  • Other Room4 Dim: 19x12
  • Other Room4 Level: Basement
  • Level 1 Rooms: Breakfast Room, Laundry Room, Foyer, OutEntrn, Living Room, Dining Room, Bath(s) Other, Family Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Family Room, Kitchen
  • Level 3 Rooms: Attic
  • Phone: 973-635-8200

Exterior Features

  • Exterior Description: Aluminum Siding, Brick
  • Exterior Features: Patio, Storm Door(s), Storm Window(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Milton
  • Middle School: Chatham
  • High School: Chatham
  • High School: Chatham
  • Middle Jr High School: Chatham

Lot Info

  • Lot Size: 75X115
  • Assessed Improvement Value: 258800
  • Assessed Land Value: 389600
  • Assessment: 648400
  • Lot Description: Corner
  • Lot Identifier: 18
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.20
  • Zoning: Single

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 13259
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2304-00049-0000-00018-0000-
  • Tax Rate Amount: 2.045
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Milton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Jan 9, 2020
Sold by
Pitts Michele L
Bought by
Spinelli Alessandro and Carbone Jacqueline
Seller's Agent
Amy Ball
COLDWELL BANKER REALTY
Buyer's Agent
ALEXANDRA STROM
WEICHERT REALTORS
List Price
$670,000
Sold Price
$625,000
Premium/Discount to List
-$45,000
-6.72%
Current Estimated Value
$1,338,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$713,942
Avg. Annual Appreciation
14.52%
Original Mortgage
$500,000
Outstanding Balance
$443,804
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$895,138
Source: Public Records

Range of Values:

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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
Spinelli Alessandro $625,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spinelli Alessandro $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2020 01/15/20 Sold $625,000 -6.7% $224 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $670,000 -- $240 / 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 $14,187 $876,300 $520,900 $355,400
2024 $13,618 $876,300 $520,900 $355,400
2023 $13,618 $876,300 $520,900 $355,400
2022 $13,856 $648,400 $389,600 $258,800
2021 $13,856 $648,400 $389,600 $258,800
2020 $13,740 $648,400 $389,600 $258,800
2019 $13,642 $648,400 $389,600 $258,800
2018 $13,260 $648,400 $389,600 $258,800
2017 $12,877 $648,400 $389,600 $258,800
2016 $12,540 $648,400 $389,600 $258,800
2015 $12,391 $648,400 $389,600 $258,800
2014 $12,300 $648,400 $389,600 $258,800
Source: Public Records

Agents Affiliated with this Home

  • Amy Ball

    Seller's Agent in 2020

    Amy Ball

    COLDWELL BANKER REALTY

    (973) 224-2385

    38 in this area

    66 Total Sales

    Amy Ball
    Section Image

  • A

    Buyer's Agent in 2020

    ALEXANDRA STROM

    WEICHERT REALTORS

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Map

Source: Garden State MLS

MLS Number: 3586867

Garden State MLS

APN: 04-00049-0000-00018

New Jersey Morris County Chatham 07928

38 University Ave, Chatham, NJ

This home is located at 38 University Ave, Chatham, NJ 07928 since 12 September 2019 and is currently estimated at $1,338,942, approximately $479 per square foot. This property was built in 1967. 38 University Ave is a home located in Morris County with nearby schools including Chatham High School, St. Patrick School, and ECLC of New Jersey.

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