$312,500
SOLD JUL 12, 2019

5 Center Ave Morristown, NJ 07960

2 Beds
2 Baths
-- Sq Ft
$275/mo HOA Fee

Recently Sold

1% Below List Price

50 Days on Market

Highlights

  • Cathedral Ceiling
  • Home Office
  • Walk-In Closet
  • Hillcrest School Rated A-
  • Skylights
  • <<tubWithShowerToken>>

About This Home

As of April 2020

Two story urban loft style condo in a converted schoolhouse. A rare find! Terrific two bedroom two full bath multi-floor unit with high ceilings & skylights. Bright kitchen with stainless appliances. Wood-burning fireplace in the living room. Open dining room/living room. Gas heat/central air. Second story loft with Master Bedroom/Office and full laundry. Only 1/2 mile from Downtown Morristown with hops, restaurants & theatre. Close to direct train to NYC and major highways as well as parks & town pool. Plenty of parking & separate storage units in basement. There are only 10 units in the entire building.

Last Agent to Sell the Property

Ryan Bruen

COLDWELL BANKER REALTY Listed on: 04/23/2019

COLDWELL BANKER REALTY

Last Buyer's Agent

Carolyn Bardach

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,565

Year Built

  • Built in 1985

Lot Details

  • 3,920 Sq Ft Lot

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Family or Dining Combination
  • Home Office
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven or Range
  • <<selfCleaningOvenToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • <<tubWithShowerToken>>

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Parking Lot

Schools

  • Hillcrest Elementary School
  • Frelghuysn Middle School
  • Morristown High School

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 2322-03903-0000-00012-0000-C0008
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, trash collection, maintenance-common area

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,565

Year Built

Built in 1985

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1985
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 5
  • Directions: Western Avenue to Searing to Center - Door in Back - Walk up to Second Floor Unit 8
  • I D: 4883822
  • Modified: 2021-09-23
  • Number Images: 18
  • Section Subdiv Development: Burnham Park
  • First Name: RYAN
  • First Name3: CAROLYN
  • Last Name: BRUEN
  • Last Name3: BARDACH
  • Office Phone3: 973-538-5555
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Dryer
  • Interior Amenities: TubShowr, Walk-In Closet, Fire Extinguisher, High Ceilings, Skylight, Cathedral Ceiling, Smoke Detector
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Galley Type
  • Kitchen Dim: 13x6
  • Living Room Dim: 17x14
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 11x9
  • Level 1 Rooms: 1 Bedroom, LivDinRm, Kitchen
  • Level 2 Rooms: 1 Bedroom, Laundry Room, Office, Bath Main
  • Phone: 973-267-8990

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Parking Lot-Exclusive, Blacktop, Common

Utilities

  • Cooling: 1 Unit, Ceiling Fan, 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

Condo/Co-op/Association

  • Association Maintenance Fee: 275
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area

Fee Information

  • Other Fee Freqency: One Time

Schools

  • Elementary School: Hillcrest
  • Middle School: Frelghuysn
  • High School: Morristown
  • High School: Morristown
  • Middle Jr High School: Frelghuysn

Lot Info

  • Lot Size: 0.094 AC
  • Assessed Improvement Value: 131800
  • Assessed Land Value: 120000
  • Assessment: 251800
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 12
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.09
  • Zoning: Residential

Rental Info

  • Application Fee: 2500
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4565
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-03903-0000-00012-0000-C0008
  • Tax Rate Amount: 1.813
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Hillcrest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2019
Closed on
Jul 11, 2019
Sold by
Ricca Victoria and Ricca Joseph L
Bought by
Hogan Sean E and Kugelman Paige N
Seller's Agent
Christine Altamuro
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
Tom Heyl
KELLER WILLIAMS REALTY
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Current Estimated Value
$462,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,369
Avg. Annual Appreciation
11.20%
Original Mortgage
$281,250
Outstanding Balance
$249,022
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$212,231

Purchase Details

Closed on
Nov 30, 2004
Sold by
Joe Wendy
Bought by
Barbetta Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,970
Interest Rate
5.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2004
Sold by
Frischholz Hans
Bought by
Carey Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
5.36%
Source: Public Records

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    Robert Lapidus COLDWELL BANKER REALTY

    Section Image

Range of Values:

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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
Bargain Sale Deed $312,500 Nrt Title Agency Llc
Deed $290,000 --
Deed $273,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $281,250 New Conventional
Previous Owner $38,000 Future Advance Clause Open End Mortgage
Previous Owner $254,970 New Conventional
Previous Owner $218,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2020 04/03/20 Sold $250,000 -5.7% $735 / Sq Ft
03/11/2020 03/11/20 Sold $265,000 0.0% --
03/11/2020 03/11/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $265,000 +6.0% --
02/21/2020 02/21/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $250,000 +2.0% $735 / Sq Ft
08/02/2019 08/02/19 Sold $245,000 -21.6% --
07/12/2019 07/12/19 Sold $312,500 -0.8% --
06/12/2019 06/12/19 Pending -- -- --
06/01/2019 06/01/19 For Sale $315,000 +26.0% --
05/31/2019 05/31/19 Pending -- -- --
05/14/2019 05/14/19 For Sale $250,000 -20.6% --
05/08/2019 05/08/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $315,000 +41.3% --
05/31/2016 05/31/16 Sold $223,000 -9.0% --
04/25/2016 04/25/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $245,000 -7.5% --
12/17/2015 12/17/15 Sold $265,000 -- --
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
2024 -- $0 $0 $0
2022 -- $0 $0 $0
2021 $18,137 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3549959

Garden State MLS

APN: 22-03903-0000-00012