NOT LISTED FOR SALE

403 Papermill Dr Unit 403 Whippany, NJ 07981

Estimated Value: $569,000 - $587,000

2 Beds
2 Baths
1,470 Sq Ft
$394/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $510,000 $347 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,692/month

40 Days on Market

About This Home

As of November 2023

This home is located at 403 Papermill Dr Unit 403, Whippany, NJ 07981 since 19 August 2023 and is currently estimated at $579,220, approximately $394 per square foot. This property was built in 2009. 403 Papermill Dr Unit 403 is a home located in Morris County with nearby schools including Whippany Park High School, Arrow Academy, and Allegro School.

Last Agent to Sell the Property

GLORIA LA FORGIA

WEICHERT REALTORS CORP HQ Brokerage Phone: 973-984-1400 Listed on: 08/19/2023

Last Buyer's Agent

LI YANG

FATHOM REALTY NJ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,591

Year Built

  • Built in 2009

Lot Details

  • 1,220

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,591

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Year Built: 2009
  • County Name: Morris
  • Street Number Display: 403
  • I D: 5238968
  • Modified: 2025-07-20
  • Number Images: 1
  • Attribution Contact: 973-984-1400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.00

Lot Info

  • Lot Size: SITE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2023
Closed on
Oct 27, 2023
Sold by
Studwell Jeffrey A
Bought by
Li Zhenhui and Zhou Zihan
Seller's Agent
GLORIA LA FORGIA
WEICHERT REALTORS CORP HQ
Buyer's Agent
LI YANG
FATHOM REALTY NJ
List Price
$510,000
Sold Price
$510,000
Views
111
Current Estimated Value
$579,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,220
Avg. Annual Appreciation
7.00%
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
Li Zhenhui $510,000 None Listed On Document
Li Zhenhui $510,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Studwell Jeffrey A $267,000
Previous Owner Studwell Jeffrey A $279,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Sold $510,000 0.0% $347 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $510,000 0.0% $347 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $510,000 -- $347 / 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 $7,591 $360,100 $135,000 $225,100
2024 $7,559 $360,100 $135,000 $225,100
2023 $7,559 $360,100 $135,000 $225,100
2022 $6,914 $360,100 $135,000 $225,100
2021 $6,813 $360,100 $135,000 $225,100
2020 $6,791 $360,100 $135,000 $225,100
2019 $6,813 $360,100 $135,000 $225,100
2018 $6,694 $360,100 $135,000 $225,100
2017 $6,496 $360,100 $135,000 $225,100
2016 $6,403 $360,100 $135,000 $225,100
2015 $6,147 $360,100 $135,000 $225,100
2014 $6,014 $360,100 $135,000 $225,100
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    GLORIA LA FORGIA

    WEICHERT REALTORS CORP HQ

  • L

    Buyer's Agent in 2023

    LI YANG

    FATHOM REALTY NJ

See All Agents

Map

Source: Garden State MLS

MLS Number: 3860556

Garden State MLS

APN: 12-09001-0000-00001-0000-C0403

New Jersey Morris County Whippany 07981

403 Papermill Dr Unit 403, Whippany, NJ

This home is located at 403 Papermill Dr Unit 403, Whippany, NJ 07981 since 19 August 2023 and is currently estimated at $579,220, approximately $394 per square foot. This property was built in 2009. 403 Papermill Dr Unit 403 is a home located in Morris County with nearby schools including Whippany Park High School, Arrow Academy, and Allegro School.

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