NOT LISTED FOR SALE

42 Kennedy Ln Morristown, NJ 07960

Estimated Value: $3,839,000 - $5,326,000

6 Beds
8.5 Baths
15,337 Sq Ft
$293/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $3,625,000 $236 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $28,720/month

235 Days on Market

Highlights

  • Heated In Ground Pool
  • Sitting Area In Primary Bedroom
  • Marble Flooring
  • Harding Township School Rated A
  • Colonial Architecture
  • Attic

About This Home

As of June 2021

Exceptional finishes, superior construction, and exquisite property are the hallmarks of this authentic Bucks County residence. Only 45 minutes from Manhattan, and in a premier location with privacy. Designed by Steven Zdepski, this 6 BR, 8.1 BA masterpiece offers a floorplan flooded with natural light and many opportunities for formal and casual entertaining. From the handsome fieldstone elevation, to the gourmet kitchen, expansive master suite, and en suite guest rooms, every detail is cared for in exemplary fashion. The Game Room, a relaxing retreat on the second level of the home, offers a beamed ceiling, cherry paneling, and accoutrements reminiscent of a refined country club. Outdoors, the stone terrace and patio areas lead to the gunite pool, formal gardens, koi pond, and pastoral views.

Last Agent to Sell the Property

Michael Lattmann

KL SOTHEBY'S INT'L. REALTY Listed on: 08/17/2020

Last Buyer's Agent

Whitney Saunders

TURPIN REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,679

Year Built

  • Built in 2006

Lot Details

  • 3.94 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $229 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Paver Block
  • Additional Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Shingle Roof
  • Wood Siding
  • Stone Siding
  • Siding
  • Composite Building Materials

Interior Spaces

  • Wet Bar
  • Sound System
  • Beamed Ceilings
  • High Ceiling
  • 6 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Drapes & Rods
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Library
  • Loft
  • Storage Room
  • Utility Room
  • Home Gym
  • Carbon Monoxide Detectors
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Bidet
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Patio
  • Porch

Schools

  • Harding Elementary And Middle School
  • Madison High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiant Heating System
  • Standard Electricity
  • Water Filtration System
  • Well
  • Gas Water Heater
  • Septic System

Community Details

  • Association fees include maintenance-common area, snow removal

Listing and Financial Details

  • Assessor Parcel Number 2313-00026-0000-00020-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,679

Year Built

Built in 2006

Lot Details

0

HOA Fees

$229 per month

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2006
  • Year Built Description: Approximate
  • County Name: Morris
  • Exclusions: Upon request from Listing Agent
  • Street Number Display: 42
  • Directions: Glen Alpin to Kennedy Lane to end of cul-de-sac
  • I D: 5008645
  • Modified: 2022-07-01
  • Number Images: 25
  • Section Subdiv Development: New Vernon
  • First Name: MICHAEL
  • First Name3: WHITNEY
  • First Name4: GWENDOLYN
  • Last Name: LATTMANN
  • Last Name3: SAUNDERS
  • Last Name4: BARISONEK
  • Office Phone: 908-696-8650
  • Office Phone4: 973-635-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Marble, Stone, Wood
  • Fireplace Description: Gas Fireplace, Wood Burning
  • Number of Fireplaces: 6
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Dishwasher, Dryer, Generator-Built-In, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, Washer, Water Filter
  • Interior Amenities: Bar-Wet, Beam Ceilings, Drapes, High Ceilings, Security System, Stereo System, Walk-In Closet, Window Treatments
  • Number Rooms: 16
  • Bedrooms: 6
  • Master Bedroom Desc: 1st Floor, Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Bidet, Soaking Tub, Stall Shower
  • Bathrooms: 8.10
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Full, Walkout
  • Basement Level Rooms: Bath(s) Other, Exercise Room, Family Room, Foyer, Storage Room, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath, Living Room
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 36x17
  • Kitchen Level: First
  • Living Room Dim: 22x20
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 19x14
  • Other Room1 Level: Second
  • Other Room 2: Bedroom
  • Other Room2 Dim: 22x17
  • Other Room2 Level: Second
  • Other Room 3: Library
  • Other Room3 Dim: 17x15
  • Other Room3 Level: First
  • Other Room 4: Game Room
  • Other Room4 Dim: 36x24
  • Other Room4 Level: Second
  • Level 1 Rooms: 1 Bedroom, Bath Main, Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Library, Living Room, Office, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath(s) Other, Great Room, Loft
  • Level 3 Rooms: Attic
  • Phone: 908-696-8600

Exterior Features

  • Exterior Description: Brick, Composition Siding, Stone, Wood
  • Exterior Features: Barbeque, Open Porch(es), Patio, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: Gunite, Heated, In-Ground Pool
  • Roof Description: Wood Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 3
  • Parking Driveway Description: Additional Parking, Paver Block

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Multi-Zone, Radiant - Hot Water
  • Sewer: Septic, Septic 5+ Bedroom Town Verified
  • Utilities: Electric, Gas-Natural
  • Water: Well
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Maintenance Fee: 2750
  • Association Maintenance Fee Frequency: Annually
  • Association Maintenance Fee Includes: Maintenance-Common Area, Snow Removal

Schools

  • Elementary School: Harding
  • Middle School: Harding
  • High School: Madison
  • High School: Madison
  • Middle Jr High School: Harding

Lot Info

  • Lot Size: 3.94 AC
  • Assessed Improvement Value: 2516400
  • Assessed Land Value: 1275200
  • Assessment: 3791600
  • Easement: Unknown
  • Lot Description: Cul-De-Sac, Private Road
  • Lot Identifier: 20
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 3.94
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 43679
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2313-00026-0000-00020-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.152
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Harding

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Jun 14, 2021
Sold by
Sell Jane F and Sell Jeffrey A
Bought by
Kumar Dipa and Kumar Dhiraj
Seller's Agent
Michael Lattmann
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Whitney Saunders
TURPIN REAL ESTATE, INC.
List Price
$4,250,000
Sold Price
$3,625,000
Premium/Discount to List
-$625,000
-14.71%
Current Estimated Value
$4,496,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$871,031
Avg. Annual Appreciation
3.35%
Original Mortgage
$2,718,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2018
Sold by
Sell Jeffrey A and Sell Jane F
Bought by
Sell Jane F and Sell Jeffrey A

Purchase Details

Closed on
Apr 23, 2004
Sold by
Francis Kim
Bought by
Sell Jeffrey and Sell Jane

Purchase Details

Closed on
Nov 8, 1996
Sold by
Kennedy Edwin L and Cook Christine
Bought by
Francis Hugh P and Francis Kim
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 Buyer Sale Price Title Company
Kumar Dipa $3,625,000 Hilltop Title Llc
Sell Jane F -- Chicago Title Ins Co
Sell Jeffrey $1,510,000 --
Francis Hugh P $595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Dhiraj $460,000
Previous Owner Kumar Dipa $2,718,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $3,625,000 -14.7% $236 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
08/17/2020 08/17/20 For Sale $4,250,000 -- $277 / 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 $41,327 $3,575,000 $847,000 $2,728,000
2023 $41,327 $3,575,000 $847,000 $2,728,000
2022 $42,842 $3,859,600 $847,000 $3,012,600
2021 $42,224 $3,859,600 $847,000 $3,012,600
2020 $42,224 $3,859,600 $847,000 $3,012,600
2019 $43,679 $3,791,600 $1,275,200 $2,516,400
2018 $42,845 $3,791,600 $1,275,200 $2,516,400
2017 $42,618 $3,791,600 $1,275,200 $2,516,400
2016 $41,935 $3,791,600 $1,275,200 $2,516,400
2015 $40,949 $3,791,600 $1,275,200 $2,516,400
2014 $39,546 $3,791,600 $1,275,200 $2,516,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3657010

Garden State MLS

APN: 13-00026-0000-00020