NOT LISTED FOR SALE

40 E Elro Dr Oak Ridge, NJ 07438

Estimated Value: $297,000 - $527,000

-- Bed
-- Bath
1,622 Sq Ft
$274/Sq Ft Est. Value

About This Home

This home is located at 40 E Elro Dr, Oak Ridge, NJ 07438 and is currently estimated at $444,518, approximately $274 per square foot. 40 E Elro Dr is a home located in Morris County with nearby schools including Jefferson Township Middle School, Jefferson Township High School, and Alpine Montessori School - Oakridge.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2024
Sold by
Patel Navendra V
Bought by
40 E Elro Llc
Current Estimated Value
$426,409

Purchase Details

Closed on
Sep 18, 2007
Sold by
Stephanus Paul and Stephanus Anne
Bought by
Jhaveri Neesha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
40 E Elro Llc -- None Listed On Document
40 E Elro Llc -- None Listed On Document
Jhaveri Neesha $525,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jhaveri Neesha $367,500
Source: Public Records

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
2024 $10,396 $355,300 $186,900 $168,400
2023 $10,396 $355,300 $186,900 $168,400
2022 $9,927 $355,300 $186,900 $168,400
2021 $9,927 $355,300 $186,900 $168,400
2020 $9,760 $355,300 $186,900 $168,400
2019 $9,808 $356,800 $183,000 $173,800
2018 $9,638 $345,700 $178,500 $167,200
2017 $9,323 $328,500 $169,400 $159,100
2016 $8,871 $329,900 $169,400 $160,500
2015 $8,925 $324,200 $169,400 $154,800
2014 $8,828 $324,200 $169,400 $154,800
Source: Public Records

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