5 Mercer Ave Chatham, NJ 07928
Estimated Value: $1,645,000 - $1,795,000
--
Bed
--
Bath
2,462
Sq Ft
$693/Sq Ft
Est. Value
About This Home
This home is located at 5 Mercer Ave, Chatham, NJ 07928 and is currently estimated at $1,706,554, approximately $693 per square foot. 5 Mercer Ave is a home located in Morris County with nearby schools including Chatham High School, St. Patrick School, and ECLC of New Jersey.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 19, 2008
Sold by
Morgan Scott and Morgan Patrice L
Bought by
Morgan Scott and Morgan Patrice
Current Estimated Value
Purchase Details
Closed on
Jul 24, 2006
Sold by
Geata Eugene
Bought by
Morgan Scott and Morgan Patrice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Outstanding Balance
$14,858
Interest Rate
6.67%
Estimated Equity
$1,691,696
Purchase Details
Closed on
Aug 27, 2003
Sold by
O'Connell Michael
Bought by
Gaeta Eugene and Gaeta Megan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.29%
Purchase Details
Closed on
Mar 29, 2000
Sold by
Cook Edwin M and Cook Karen C
Bought by
Oconnell Michael J and Oconnell Nicole C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
7.37%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Sep 19, 1996
Sold by
Sherman Peter M and Sherman Robin K
Bought by
Cook Edwin M and Cook Karen C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
8.06%
Purchase Details
Closed on
Sep 30, 1993
Sold by
Winter Bruce
Bought by
Sherman Peter and Sherman Robin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.72%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morgan Scott | -- | None Available | |
| Morgan Scott | $1,225,000 | -- | |
| Gaeta Eugene | $820,000 | -- | |
| Oconnell Michael J | $645,000 | Surety Title Corporation | |
| Cook Edwin M | $436,000 | -- | |
| Sherman Peter | $384,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morgan Scott | $25,000 | |
| Previous Owner | Gaeta Eugene | $550,000 | |
| Previous Owner | Oconnell Michael J | $239,000 | |
| Previous Owner | Cook Edwin M | $205,000 | |
| Previous Owner | Sherman Peter | $107,000 |
Source: Public Records
Tax History Compared to Growth
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 | $20,522 | $1,267,600 | $746,600 | $521,000 |
| 2024 | $19,699 | $1,267,600 | $746,600 | $521,000 |
| 2023 | $19,699 | $1,267,600 | $746,600 | $521,000 |
| 2022 | $21,376 | $1,000,300 | $550,000 | $450,300 |
| 2021 | $21,376 | $1,000,300 | $550,000 | $450,300 |
| 2020 | $21,196 | $1,000,300 | $550,000 | $450,300 |
| 2019 | $21,046 | $1,000,300 | $550,000 | $450,300 |
| 2018 | $20,456 | $1,000,300 | $550,000 | $450,300 |
| 2017 | $19,866 | $1,000,300 | $550,000 | $450,300 |
| 2016 | $18,613 | $962,400 | $550,000 | $412,400 |
| 2015 | $18,391 | $962,400 | $550,000 | $412,400 |
| 2014 | $18,257 | $962,400 | $550,000 | $412,400 |
Source: Public Records
Map
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