$600,000
SOLD OCT 4, 2024

40 Midland Dr Morristown, NJ 07960

3 Beds
1 Bath
1,386 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$433 Per Sq Ft

10% Above List Price

6 Days on Market

About This Home

As of October 2024

This home is located at 40 Midland Dr, Morristown, NJ 07960 and is currently priced at $600,000, approximately $432 per square foot. This property was built in 1928. 40 Midland Dr is a home located in Morris County with nearby schools including Hillcrest School, Alfred Vail School, and Thomas Jefferson School.

Last Agent to Sell the Property

NANCYLYNNE ALESSIO

CHRISTIE'S INT. REAL ESTATE GROUP Brokerage Phone: 973-285-9526 Listed on: 07/25/2024

Last Buyer's Agent

SHAWN CHACONAS

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,515

Year Built

  • Built in 1928

Lot Details

  • 10,019 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,515

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Year Built: 1928
  • County Name: Morris
  • Street Number Display: 40
  • I D: 5301100
  • Modified: 2024-10-05
  • Number Images: 1
  • Attribution Contact: 973-285-9526
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 0.23 AC
  • Total Acres: 0.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Sep 19, 2024
Sold by
Brunner Karen B
Bought by
Balasubramanian Venkataramanan
Seller's Agent
NANCYLYNNE ALESSIO
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
SHAWN CHACONAS
COMPASS NEW JERSEY, LLC
List Price
$545,000
Sold Price
$600,000
Premium/Discount to List
$55,000
10.09%
Views
36
Current Estimated Value
$618,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,716
Avg. Annual Appreciation
0.89%
Original Mortgage
$480,000
Outstanding Balance
$469,523
Interest Rate
5.47%
Mortgage Type
New Conventional
Estimated Equity
$135,216

Purchase Details

Closed on
Aug 30, 2018
Sold by
Brunner Karen and Finnin Joseph M
Bought by
Brunner Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 6, 2003
Sold by
Finnin Joe
Bought by
Finnin Joe and Brunner Karen
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $600,000 Westcor Land Title
Deed $33,006 Two River Title Co Llc
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,000 New Conventional
Open $480,000 New Conventional
Previous Owner $329,500 Adjustable Rate Mortgage/ARM
Previous Owner $137,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $600,000 +10.1% $433 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
07/27/2024 07/27/24 For Sale $545,000 -- $393 / 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 $7,515 $374,800 $226,100 $148,700
2023 $7,515 $374,800 $226,100 $148,700
2022 $7,166 $374,800 $226,100 $148,700
2021 $7,166 $374,800 $226,100 $148,700
2020 $6,979 $374,800 $226,100 $148,700
2019 $6,870 $374,800 $226,100 $148,700
2018 $6,795 $374,800 $226,100 $148,700
2017 $6,750 $374,800 $226,100 $148,700
2016 $6,645 $374,800 $226,100 $148,700
2015 $6,381 $251,600 $133,000 $118,600
2014 $6,298 $251,600 $133,000 $118,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3915394

Garden State MLS

APN: 22-03910-0000-00025