NOT LISTED FOR SALE

48 Alexander Ave Parsippany, NJ 07054

Estimated Value: $591,000 - $671,000

3 Beds
2 Baths
1,462 Sq Ft
$431/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $500,000 $342 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,335/month

25 Days on Market

Highlights

  • Above Ground Pool
  • Wood Burning Stove
  • Wood Flooring
  • Eastlake Elementary School Rated A-
  • Ranch Style House
  • 1 Fireplace

About This Home

As of November 2021

This beautiful 3 bedroom 2 bath ranch features an updated kitchen with granite and stainless, hardwood flooring, full basement, 3 season room, patio, pool and a park like fenced back yard!

Last Agent to Sell the Property

Andrea Martone

REALTY EXECUTIVES PLATINUM Listed on: 09/21/2021

REALTY EXECUTIVES PLATINUM

Last Buyer's Agent

Chris Leopizzi

LEOPIZZI REAL ESTATE AGENCY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,354

Year Built

  • Built in 1954

Lot Details

  • 0.34 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Level Lot

Home Design

  • Ranch Style House
  • Composition Shingle
  • Tile

Interior Spaces

  • 1,462 Sq Ft Home
  • 1 Fireplace
  • Wood Burning Stove
  • Living Room
  • Workshop
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Above Ground Pool
  • Patio
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2329-00393-0000-00013-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,354

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1954
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 48
  • Directions: PARSIPPANY RD TO ALEXANDER AVE
  • I D: 5104524
  • Modified: 2022-11-06
  • Number Images: 32
  • Section Subdiv Development: Green Hill
  • First Name: ANDREA
  • First Name3: CHRISTOPHER
  • Last Name: MARTONE
  • Last Name3: LEOPIZZI
  • Office Phone: 973-887-0095
  • Office Phone3: 973-684-7171
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Wood Stove-Freestanding
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Refrigerator, OvnWElec
  • Number Rooms: 9
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full
  • Basement Level Rooms: Laundry Room, Storage Room, Utility Room, Workshop
  • Dining Room Level: First
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Florida/3Season
  • Other Room1 Level: First
  • Other Room 2: Storage Room
  • Other Room2 Level: Basement
  • Other Room 3: Laundry Room
  • Other Room3 Level: Basement
  • Other Room 4: Utility Room
  • Other Room4 Level: Basement
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Florida/3Season, Kitchen, Living Room
  • Estimated Sq Ft: 1462
  • Phone: 973-887-0095

Exterior Features

  • Exterior Description: Composition Shingle
  • Exterior Features: Metal Fence, Patio, Privacy Fence, Storage Shed, Wood Fence
  • Pool: Yes
  • Pool Description: Above Ground
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: .344 AC
  • Assessed Improvement Value: 117300
  • Assessed Land Value: 188200
  • Assessment: 305500
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 13
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.34

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9354
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2329-00393-0000-00013-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.062
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2023
Sold by
Follano Marcello
Bought by
48 Parsippany Llc
Current Estimated Value
$630,532

Purchase Details

Listed on
Sep 21, 2021
Closed on
Nov 3, 2021
Sold by
Jost Erich W and Jost Theresa M
Bought by
Follano Marcello
Seller's Agent
Andrea Martone
REALTY EXECUTIVES PLATINUM
Buyer's Agent
Chris Leopizzi
LEOPIZZI REAL ESTATE AGENCY
List Price
$449,000
Sold Price
$500,000
Premium/Discount to List
$51,000
11.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%

Purchase Details

Closed on
Sep 24, 1993
Sold by
Garvey Walter and Harvey Dorothy
Bought by
Jost Erich and Jost Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7%
Source: Public Records

Range of Values:

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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
48 Parsippany Llc -- Centurion Title Services
Follano Marcello $500,000 Stewart Title Guaranty Company
Jost Erich $178,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jost Erich W $29,000
Previous Owner Jost Erich W $26,000
Previous Owner Jost Erich $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $500,000 +11.4% $342 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $449,000 -- $307 / 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 $10,225 $305,500 $188,200 $117,300
2023 $10,225 $305,500 $188,200 $117,300
2022 $9,559 $305,500 $188,200 $117,300
2021 $9,559 $305,500 $188,200 $117,300
2020 $9,354 $305,500 $188,200 $117,300
2019 $9,101 $305,500 $188,200 $117,300
2018 $8,899 $305,500 $188,200 $117,300
2017 $8,695 $305,500 $188,200 $117,300
2016 $8,539 $305,500 $188,200 $117,300
2015 $8,322 $305,500 $188,200 $117,300
2014 $8,209 $305,500 $188,200 $117,300
Source: Public Records

Agents Affiliated with this Home

  • Andrea Martone

    Seller's Agent in 2021

    Andrea Martone

    REALTY EXECUTIVES PLATINUM

    (973) 886-2626

    75 in this area

    163 Total Sales

    Andrea Martone
    Section Image
  • Chris Leopizzi

    Buyer's Agent in 2021

    Chris Leopizzi

    LEOPIZZI REAL ESTATE AGENCY

    (201) 320-9450

    4 in this area

    78 Total Sales

    Chris Leopizzi
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3741767

Garden State MLS

APN: 29-00393-0000-00013

New Jersey Morris County Parsippany 07054

48 Alexander Ave, Parsippany, NJ

This home is located at 48 Alexander Ave, Parsippany, NJ 07054 since 21 September 2021 and is currently estimated at $630,532, approximately $431 per square foot. This property was built in 1954. 48 Alexander Ave is a home located in Morris County with nearby schools including Eastlake Elementary School, Brooklawn Middle School, and Parsippany Hills High School.

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