$545,000
SOLD DEC 16, 2024

48 Park Ave Morristown, NJ 07960

4 Beds
2 Baths
-- Sq Ft
0.26 Acres

Recently Sold

1% Below List Price

About This Home

As of December 2024

This home is located at 48 Park Ave, Morristown, NJ 07960 and is currently priced at $545,000. This property was built in 1952. 48 Park Ave is a home located in Morris County with nearby schools including Whippany Park High School, Allegro School, and Arrow Academy.

Last Agent to Sell the Property

LOU ANN FELLERS

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 973-543-3500 Listed on: 11/15/2024

Last Buyer's Agent

LOU ANN FELLERS

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 973-543-3500 Listed on: 11/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,344

Year Built

  • Built in 1952

Lot Details

  • 0.26 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,344

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Year Built: 1952
  • County Name: Morris
  • Street Number Display: 48
  • I D: 5324243
  • Modified: 2024-12-16
  • Number Images: 1
  • Attribution Contact: 973-543-3500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.00

Lot Info

  • Lot Size: .258 AC
  • Total Acres: 0.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Dec 12, 2024
Sold by
Cardoni Mary Clare
Bought by
Melendez David and Grevesen Amanda
Seller's Agent
LOU ANN FELLERS
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
LOU ANN FELLERS
KL SOTHEBY'S INT'L. REALTY
List Price
$550,000
Sold Price
$545,000
Premium/Discount to List
-$5,000
-0.91%
Views
8
Current Estimated Value
$646,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,082
Avg. Annual Appreciation
27.51%
Original Mortgage
$436,000
Outstanding Balance
$432,961
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$213,121
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
Bargain Sale Deed $545,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $436,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Sold $545,000 -0.9% --
11/15/2024 11/15/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $550,000 -- --
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 $7,344 $348,400 $181,000 $167,400
2024 $7,313 $348,400 $181,000 $167,400
2023 $7,313 $348,400 $181,000 $167,400
2022 $6,689 $348,400 $181,000 $167,400
2021 $6,689 $348,400 $181,000 $167,400
2020 $6,571 $348,400 $181,000 $167,400
2019 $6,592 $348,400 $181,000 $167,400
2018 $6,477 $348,400 $181,000 $167,400
2017 $6,285 $348,400 $181,000 $167,400
2016 $6,195 $348,400 $181,000 $167,400
2015 $5,947 $348,400 $181,000 $167,400
2014 $5,818 $348,400 $181,000 $167,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3934639

Garden State MLS

APN: 12-05001-0000-00004