$340,000
SOLD MAR 21, 2025

48 New Read St Pequannock, NJ 07440

3 Beds
1 Bath
874 Sq Ft
5,009 Sq Ft Lot

Recently Sold

$389 Per Sq Ft

15% Below List Price

71 Days on Market

About This Home

As of March 2025

This home is located at 48 New Read St, Pequannock, NJ 07440 and is currently priced at $340,000, approximately $389 per square foot. This property was built in 1915. 48 New Read St is a home located in Morris County with nearby schools including Pequannock Twp High School, Holy Spirit School, and Kolbe Immaculata School.

Last Agent to Sell the Property

DANIELLE FIORINA

C-21 CREST REAL ESTATE, INC. Brokerage Phone: 973-686-1500 Listed on: 10/04/2024

Last Buyer's Agent

DANIELLE FIORINA

C-21 CREST REAL ESTATE, INC. Brokerage Phone: 973-686-1500 Listed on: 10/04/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,014

Year Built

  • Built in 1915

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,014

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Year Built: 1915
  • County Name: Morris
  • Street Number Display: 48
  • I D: 5317250
  • Modified: 2025-03-21
  • Number Images: 1
  • Attribution Contact: 973-686-1500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Mar 10, 2025
Sold by
Albano Theresa and Whitaker Theresa
Bought by
Shanks Tyler
Seller's Agent
DANIELLE FIORINA
C-21 CREST REAL ESTATE, INC.
Buyer's Agent
DANIELLE FIORINA
C-21 CREST REAL ESTATE, INC.
List Price
$399,900
Sold Price
$340,000
Premium/Discount to List
-$59,900
-14.98%
Views
489
Current Estimated Value
$370,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,544
Avg. Annual Appreciation
41.07%
Original Mortgage
$306,000
Outstanding Balance
$305,744
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$64,800

Purchase Details

Closed on
Mar 18, 2004
Sold by
Whitaker Edward
Bought by
Whitaker Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,150
Interest Rate
5.65%

Purchase Details

Closed on
Feb 20, 2002
Sold by
Santee Alan
Bought by
Whitaker Edward and Whitaker Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,700
Interest Rate
6.85%

Purchase Details

Closed on
May 15, 2000
Sold by
Brunner Jeffrey and Brunner Kathleen
Bought by
Santee Alan and Santee Kelli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,250
Interest Rate
8.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 1996
Sold by
Vansant John and Vansant Christine
Bought by
Brunner Jeffrey and Brunner Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.28%
Source: Public Records

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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 Type Sale Price Title Company
Deed $340,000 Evident Title Agency
Deed $340,000 Evident Title Agency
Deed -- --
Deed $205,000 --
Deed $153,500 Lawyers Title Insurance Corp
Deed $140,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $306,000 New Conventional
Closed $306,000 New Conventional
Previous Owner $0 Undefined Multiple Amounts
Previous Owner $252,000 Adjustable Rate Mortgage/ARM
Previous Owner $220,150 No Value Available
Previous Owner $194,700 No Value Available
Previous Owner $151,539 FHA
Previous Owner $152,250 FHA
Previous Owner $120,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $340,000 -2.8% $389 / Sq Ft
12/14/2024 12/14/24 Pending -- -- --
12/12/2024 12/12/24 Price Changed $349,900 -18.6% $400 / Sq Ft
11/22/2024 11/22/24 Price Changed $429,900 +22.9% $492 / Sq Ft
10/10/2024 10/10/24 Price Changed $349,900 -12.5% $400 / Sq Ft
10/04/2024 10/04/24 For Sale $399,900 -- $458 / 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 $6,014 $352,000 $228,900 $123,100
2023 $6,014 $327,200 $206,400 $120,800
2022 $4,167 $166,900 $95,200 $71,700
2021 $4,167 $166,900 $95,200 $71,700
2020 $4,114 $166,900 $95,200 $71,700
2019 $3,981 $166,900 $95,200 $71,700
2018 $3,830 $166,900 $95,200 $71,700
2017 $3,707 $166,900 $95,200 $71,700
2016 $3,590 $166,900 $95,200 $71,700
2015 $3,573 $166,900 $95,200 $71,700
2014 $3,488 $166,900 $95,200 $71,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3927927

Garden State MLS

APN: 31-03608-0000-00009