NOT LISTED FOR SALE

Estimated Value: $538,355

6 Acres
$95,623 Price per Acre
245,243 Sq Ft Lot

Last Sold May 31, 2024

Last sale price $525,000

Est. 3% increase in value since last sale

Current estimated payment $3,762/month

156 Days on Market

About This Lot

As of May 2024

This home is located at 5 Edward Shippen Ln, Morris Twp., NJ 07960 since 18 October 2023 and is currently estimated at $538,355. 5 Edward Shippen Ln is a home located in Morris County with nearby schools including Hillcrest School, Alfred Vail School, and Thomas Jefferson School.

Last Listed By

JANIS DEVITO

CHRISTIE'S INT. REAL ESTATE GROUP Brokerage Phone: 973-285-9526 Listed on: 10/18/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,339

Lot Details

  • 5.63 Acre Lot

Property Details

Property Type

Land

Est. Annual Taxes

$9,339

Lot Details

0

Listing Details

  • County Name: Morris
  • I D: 5251260
  • Modified: 2024-06-04
  • Attribution Contact: 973-285-9526
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Size: 5.632 AC
  • Total Acres: 5.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Apr 11, 2024
Sold by
Weisgerber Living Trust and Weisgerber John
Bought by
Gadaleta Stephen Frank and Gadaleta Kathy Sa
Seller's Agent
JANIS DEVITO
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
Robert Eckert
EXP REALTY, LLC
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%
Total Days on Market
156
Views
134
Current Estimated Value
$538,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,355
Avg. Annual Appreciation
2.74%
Original Mortgage
$525,000
Interest Rate
7.22%
Mortgage Type
Construction

Range of Values:

Collateral Analytics

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ICE

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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
Gadaleta Stephen Frank $525,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gadaleta Stephen Frank $2,150,000
Previous Owner Gadaleta Stephen Frank $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $525,000 -4.4% --
03/22/2024 03/22/24 Pending -- -- --
10/18/2023 10/18/23 For Sale $549,000 -- --
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 $9,339 $465,800 $465,800 $0
2023 $9,339 $465,800 $465,800 $0
2022 $8,906 $465,800 $465,800 $0
2021 $8,906 $465,800 $465,800 $0
2020 $8,673 $465,800 $465,800 $0
2019 $8,538 $465,800 $465,800 $0
2018 $8,445 $465,800 $465,800 $0
2017 $8,389 $465,800 $465,800 $0
2016 $8,259 $465,800 $465,800 $0
2015 $10,291 $405,800 $405,800 $0
2014 $10,157 $405,800 $405,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Similar Property in the area

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    $495,000

    • Land
    • 4.7 Acres
    • $105,319 per Acre
    • 34 Starlight Dr
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    DANIELLE FIORINA C-21 CREST REAL ESTATE, INC.

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Source: Garden State MLS

MLS Number: 3870331

Garden State MLS

APN: 22-02601-0000-00041