NOT LISTED FOR SALE

4 Edward Shippen Ln Morristown, NJ 07960

Estimated Value: $1,515,000 - $1,695,000

5 Beds
5.5 Baths
4,289 Sq Ft
$376/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $1,170,000 $273 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $10,355/month

68 Days on Market

Highlights

  • Gunite Pool
  • 3.68 Acre Lot
  • Deck
  • Hillcrest School Rated A-
  • Colonial Architecture
  • Recreation Room

About This Home

As of January 2021

Lovely home on cul-de-sac in quiet Washington Valley Section of Morris Twp .Freshly painted & renovated ,this fabulous home offers space & privacy yet close proximity to Morristown. Vacation at home! The home's lower level offers large spaces for entertaining, a cook's kitchen, quiet spaces with views and privacy and first floor bedroom suite. Beautiful built-ins, gorgeous molding and thoughtful spaces are seen throughout! Upstairs, large master bath provides walk-in closets & built-in storage making the dressing area a dream. Additional bedrooms share a refurbished bath. Three detached bay garages have a bonus multipurpose loft with storage space, a full bath and a large workshop. Estate like oasis includes deer fenced property, expansive lawn, newly surfaced gunite pool & woods & stream for exploring.

Last Agent to Sell the Property

Kristin Gobbel-Swanson

COLDWELL BANKER REALTY Listed on: 09/09/2020

COLDWELL BANKER REALTY

Co-Listed By

Sally Mulcahy

COLDWELL BANKER REALTY

Last Buyer's Agent

KELLY E. WEISERT

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,715

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 3.68 Acre Lot
  • Wood Fence
  • Level Lot
  • Open Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 4 Car Direct Access Garage
  • Inside Entrance
  • Circular Driveway
  • Additional Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Tile

Interior Spaces

  • Dry Bar
  • High Ceiling
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Thermal Windows
  • Shades
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • In-Law or Guest Suite
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Crawl Space

Home Security

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

Pool

  • Gunite Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Sussexave Elementary School
  • Frelghuysn Middle School
  • Morristown High School

Utilities

  • Zoned Heating
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2322-03402-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,715

Year Built

Built in 1974 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1974
  • Year Built Description: Renovated
  • County Name: Morris
  • Easements Description: cable
  • Possible Other Uses: Home-Office
  • Renovated Year: 2020
  • Street Number Display: 4
  • Directions: Sussex or Washington Valley Rd to Gaston to Jonathan Smith to right on Edward Shippen. Home on Right.
  • I D: 5014732
  • Modified: 2022-01-15
  • Number Images: 24
  • Section Subdiv Development: Washington Valley
  • First Name: KRISTIN H.
  • First Name2: SALLY
  • First Name3: KELLY E.
  • Last Name: GOBBEL-SWANSON
  • Last Name2: MULCAHY
  • Last Name3: WEISERT
  • Office Phone: 973-543-3936
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Gas Fireplace
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Bar-Dry, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, JacuzTyp, Security System, Shades, Skylight, Smoke Detector, StallShw, Walk-In Closet
  • Number Rooms: 15
  • Bedrooms: 5
  • Master Bedroom Desc: Dressing Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Crawl Space, Finished, Partial
  • Basement Level Rooms: Bath Main, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath, Living Room
  • Kitchen Area: Eat-In Kitchen, Pantry, Separate Dining Area
  • Kitchen Dim: 17x14
  • Kitchen Level: First
  • Living Room Dim: 20x14
  • Living Room Level: First
  • Other Room 1: Bedroom/Office
  • Other Room1 Dim: 14x9
  • Other Room1 Level: First
  • Other Room 2: FamilyRm
  • Other Room2 Dim: 31x11
  • Other Room2 Level: First
  • Other Room 3: Leisure Room
  • Other Room3 Level: First
  • Other Room 4: Laundry Room
  • Other Level Rooms: MudRoom
  • Level 1 Rooms: 1 Bedroom, Bath Main, Breakfast Room, Den, Dining Room, Family Room, Foyer, GarEnter, Kitchen, Laundry Room, Living Room, Powder Room, SittngRm
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Phone: 973-543-2552

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Deck, Hot Tub, Open Porch(es), Patio, Storm Door(s), Thermal Windows/Doors, Underground Lawn Sprinkler, Wood Fence
  • Pool: Yes
  • Pool Description: Gunite, Outdoor Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Detached Garage, Finished Garage, InEntrnc, Loft Storage
  • Number Garage Spaces: 4
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop, Circular

Utilities

  • Cooling: 4 Units
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: SussexAve
  • Middle School: Frelghuysn
  • High School: Morristown
  • High School: Morristown
  • Middle Jr High School: Frelghuysn

Lot Info

  • Lot Size: 3.676 AC
  • Assessed Improvement Value: 679500
  • Assessed Land Value: 396100
  • Assessment: 1075600
  • Easement: Yes
  • Lot Description: Level Lot, Open Lot, Wooded Lot
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 3.68
  • Zoning: res

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: 19715
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-03402-0000-00004-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.833
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: SussexAve

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Jan 4, 2021
Sold by
Wallis Joseph J and Wallis Susan D
Bought by
Cuomo Alicia and Lassman Seth
Seller's Agent
Kristin Gobbel-Swanson
COLDWELL BANKER REALTY
Buyer's Agent
KELLY E. WEISERT
WEICHERT REALTORS
List Price
$1,225,000
Sold Price
$1,170,000
Premium/Discount to List
-$55,000
-4.49%
Current Estimated Value
$1,614,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,478
Avg. Annual Appreciation
7.06%
Original Mortgage
$936,000
Outstanding Balance
$833,759
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$780,719
Source: Public Records

Range of Values:

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Average Value
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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
Cuomo Alicia $1,170,000 Heritage Abstract
Cuomo Alicia $1,170,000 Heritage Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuomo Alicia $936,000
Closed Cuomo Alicia $936,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2021 01/14/21 Sold $1,170,000 -4.5% $273 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $1,225,000 -- $286 / 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 $21,534 $1,075,600 $396,100 $679,500
2024 $21,566 $1,075,600 $396,100 $679,500
2023 $21,566 $1,075,600 $396,100 $679,500
2022 $20,565 $1,075,600 $396,100 $679,500
2021 $20,565 $1,075,600 $396,100 $679,500
2020 $20,028 $1,075,600 $396,100 $679,500
2019 $19,716 $1,075,600 $396,100 $679,500
2018 $19,501 $1,075,600 $396,100 $679,500
2017 $19,372 $1,075,600 $396,100 $679,500
2016 $19,070 $1,075,600 $396,100 $679,500
2015 $22,162 $873,900 $346,200 $527,700
2014 $21,874 $873,900 $346,200 $527,700
Source: Public Records

Agents Affiliated with this Home

  • Kristin Gobbel-Swanson

    Seller's Agent in 2021

    Kristin Gobbel-Swanson

    COLDWELL BANKER REALTY

    (973) 229-7832

    3 in this area

    25 Total Sales

    Kristin Gobbel-Swanson
    Section Image
  • Sally Mulcahy

    Seller Co-Listing Agent in 2021

    Sally Mulcahy

    COLDWELL BANKER REALTY

    (201) 787-4713

    1 in this area

    12 Total Sales

    Sally Mulcahy
    Section Image

  • K

    Buyer's Agent in 2021

    KELLY E. WEISERT

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3663218

Garden State MLS

APN: 22-03402-0000-00004

New Jersey Morris County Morristown 07960

4 Edward Shippen Ln, Morristown, NJ

This home is located at 4 Edward Shippen Ln, Morristown, NJ 07960 since 09 September 2020 and is currently estimated at $1,614,478, approximately $376 per square foot. This property was built in 1974. 4 Edward Shippen Ln is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Sussex Avenue School.

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