NOT LISTED FOR SALE

5 Jay Rd Chatham, NJ 07928

Estimated Value: $2,358,000 - $2,773,000

5 Beds
6 Baths
4,239 Sq Ft
$608/Sq Ft Est. Value

Last Sold July 11, 2024

Last sale price $2,400,000 $566 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $16,064/month

8 Days on Market

About This Home

As of July 2024

This home is located at 5 Jay Rd, Chatham, NJ 07928 since 06 June 2024 and is currently estimated at $2,576,253, approximately $607 per square foot. This property was built in 2007. 5 Jay Rd is a home located in Morris County with nearby schools including Chatham High School, Chatham Day School, and The Academy of Our Lady of Peace.

Last Agent to Sell the Property

Saritte Harel

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 06/06/2024

KELLER WILLIAMS REALTY

Last Buyer's Agent

Meghan Mullin

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,982

Year Built

  • Built in 2007

Lot Details

  • 0.46 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,982

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Year Built: 2007
  • County Name: Morris
  • I D: 5291035
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 5.10

Lot Info

  • Lot Size: 0.460 AC
  • Total Acres: 0.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Jul 9, 2024
Sold by
Doyle John A and Doyle Marie M
Bought by
Hofmann Jonathan and Hofmann Angela
Seller's Agent
Saritte Harel
KELLER WILLIAMS REALTY
Buyer's Agent
Meghan Mullin
COLDWELL BANKER REALTY
List Price
$1,995,000
Sold Price
$2,400,000
Premium/Discount to List
$405,000
20.3%
Views
71
Current Estimated Value
$2,576,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,253
Avg. Annual Appreciation
5.19%

Purchase Details

Listed on
Sep 16, 2020
Closed on
Dec 11, 2020
Sold by
Higgins Robert R and Higgins Michelle L
Bought by
Doyle John A and Doyle Marie M
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
Saritte Harel
KELLER WILLIAMS REALTY
List Price
$1,599,000
Sold Price
$1,530,000
Premium/Discount to List
-$69,000
-4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.48%
Original Mortgage
$1,224,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2007
Sold by
Jay Road Llc
Bought by
Higgins Robert R and Higgins Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2006
Sold by
Monaham John
Bought by
Jay Road Llc

Purchase Details

Closed on
Oct 20, 1997
Sold by
Chamberlain Thomas R and Chamberlain Elizabeth B
Bought by
Monahan John J and Monahan Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,600
Interest Rate
7.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hofmann Jonathan $2,400,000 Realsafe Title
Hofmann Jonathan $2,400,000 Realsafe Title
Doyle John A $1,530,000 A Absolut Settlement Co Inc
Doyle John A $1,530,000 Chicago Title
Higgins Robert R $1,625,000 None Available
Jay Road Llc $615,000 --
Monahan John J $230,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doyle John A $1,224,000
Previous Owner Higgins Robert R $1,200,000
Previous Owner Monahan John J $214,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2024 07/11/24 Sold $2,400,000 +20.3% $566 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $1,995,000 +30.4% $471 / Sq Ft
12/21/2020 12/21/20 Sold $1,530,000 -4.3% $361 / Sq Ft View Prior Sale
10/26/2020 10/26/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $1,599,000 -- $377 / 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
2025 $29,982 $1,507,400 $396,000 $1,111,400
2024 $29,485 $1,507,400 $396,000 $1,111,400
2023 $29,485 $1,507,400 $396,000 $1,111,400
2022 $29,108 $1,507,400 $396,000 $1,111,400
2021 $29,108 $1,507,400 $396,000 $1,111,400
2020 $28,535 $1,507,400 $396,000 $1,111,400
2019 $27,947 $1,507,400 $396,000 $1,111,400
2018 $27,631 $1,507,400 $396,000 $1,111,400
2017 $26,937 $1,507,400 $396,000 $1,111,400
2016 $26,515 $1,507,400 $396,000 $1,111,400
2015 $26,410 $1,507,400 $396,000 $1,111,400
2014 $26,199 $1,507,400 $396,000 $1,111,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3906231

Garden State MLS

APN: 05-00108-0000-00113-05