NOT LISTED FOR SALE

40 Mendham Rd Far Hills, NJ 07931

Estimated Value: $1,413,000 - $1,975,000

5 Beds
7 Baths
5,415 Sq Ft
$316/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $1,900,000 $351 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $11,534/month

5 Days on Market

About This Home

As of July 2024

This home is located at 40 Mendham Rd, Far Hills, NJ 07931 since 30 April 2024 and is currently estimated at $1,713,127, approximately $316 per square foot. This property was built in 1969. 40 Mendham Rd is a home located in Morris County with nearby schools including Dickerson School, Bragg School, and Black River Middle School.

Last Agent to Sell the Property

EILEEN SCOTT

WEICHERT REALTORS Brokerage Phone: 973-543-6511 Listed on: 04/30/2024

Last Buyer's Agent

RYAN MCGURL

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,797

Year Built

  • Built in 1969

Lot Details

  • 7

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,797

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Year Built: 1969
  • County Name: Morris
  • Street Number Display: 40
  • I D: 5281280
  • Modified: 2025-07-16
  • Number Images: 1
  • Attribution Contact: 973-543-6511
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 6.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
Jun 21, 2024
Sold by
Smith John Douglas and Smith Cecile
Bought by
Katz David and Jenkins Alexis
Seller's Agent
EILEEN SCOTT
WEICHERT REALTORS
Buyer's Agent
RYAN MCGURL
PROMINENT PROPERTIES SIR
List Price
$1,799,000
Sold Price
$1,900,000
Premium/Discount to List
$101,000
5.61%
Views
18
Current Estimated Value
$1,729,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$170,608
Avg. Annual Appreciation
-1.09%
Original Mortgage
$1,000,000
Outstanding Balance
$992,434
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$885,359

Purchase Details

Closed on
Nov 13, 2009
Sold by
Ott John Nash and Ott Brenda A
Bought by
Smith J Douglas and Smith Cecile

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 1997
Sold by
Terman Philip W and Coult Catherine M
Bought by
Ott John Nash and Ott Brenda A

Purchase Details

Closed on
Sep 13, 1993
Sold by
Oyston Est Grace
Bought by
Terman Phillip and Coult Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
7%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Katz David $1,900,000 Chicago Title
Smith J Douglas $990,000 Multiple
Ott John Nash $422,500 Chicago Title Insurance Co
Terman Phillip $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katz David $1,000,000
Previous Owner Smith John Douglas $741,800
Previous Owner Smith J Douglas $50,500
Previous Owner Smith J Douglas $729,000
Previous Owner Terman Phillip $318,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $1,900,000 +5.6% $351 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $1,799,000 -- $332 / 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
2024 $24,797 $978,200 $408,000 $570,200
2023 $24,797 $978,200 $408,000 $570,200
2022 $23,526 $978,200 $408,000 $570,200
2021 $23,526 $978,200 $408,000 $570,200
2020 $23,213 $978,200 $408,000 $570,200
2019 $23,105 $978,200 $408,000 $570,200
2018 $22,900 $978,200 $408,000 $570,200
2017 $22,812 $978,200 $408,000 $570,200
2016 $22,694 $978,200 $408,000 $570,200
2015 $22,411 $978,200 $408,000 $570,200
2014 $22,450 $978,200 $408,000 $570,200
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    EILEEN SCOTT

    WEICHERT REALTORS

  • R

    Buyer's Agent in 2024

    RYAN MCGURL

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3898940

Garden State MLS

APN: 07-00008-0000-00010-01

New Jersey Morris County Far Hills 07931

40 Mendham Rd, Far Hills, NJ

This home is located at 40 Mendham Rd, Far Hills, NJ 07931 since 30 April 2024 and is currently estimated at $1,713,127, approximately $316 per square foot. This property was built in 1969. 40 Mendham Rd is a home located in Morris County with nearby schools including Dickerson School, Bragg School, and Black River Middle School.

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