NOT LISTED FOR SALE

5 Morrell Rd Lawrence Township, NJ 08648

Estimated Value: $700,774 - $797,000

3 Beds
2.5 Baths
2,008 Sq Ft
$377/Sq Ft Est. Value

Sale Details

Date Sold: September 1, 2023

Last sale price $640,000 $319 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,006 / mo

13 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Stainless Steel Appliances
  • Lawrence High School Rated A-
  • High Ceiling
  • 2 Car Attached Garage

About This Home

As of September 2023

Exceptional location, exceptional schools, exceptional home – 5 Morrell Rd is where serenity converges with suburban style. Located in the desirable Yorkshire neighborhood, the grandness of the home radiates to all that strike its gaze. Tucked away in the neighborhood, you’ll enter the home and immediately appreciate its grandeur. Natural light that pours in through every window and brightens the space, creating a remarkable and airy ambience that is bound to mesmerize. The open floor plan allows each room to flow into the next without hesitation. The kitchen, complete with stainless steel appliances, spills into the family room to create the ultimate entertainment space – perfect for family gatherings, meals with friends, or just for relaxing nights. The ground floor is complete with a half bath, sitting room, and formal dining room, Upstairs you’ll find three large bedrooms with master including an attached master bathroom, with floor tiling and a walk-in closet. Like the rest of the home, the finished basement has a large open floor plan and includes a space for a home-entertainment system for family movie nights or just for private escapes. Out back is an stone patio, perfect for large gatherings or as a private oasis to relax and take in the sounds of nature. Located just minutes from major commuting routes, including the NJ turnpike, Rt 295, Rt 195, Rt 130, Rt 1, and more – this home is in the center of it all without sacrificing privacy and seclusion. Welcome home.

Last Agent to Sell the Property

Tim Crew

(201) 870-2322 nj.broker@exprealty.net EXP Realty, LLC License #1433029 Listed on: 07/21/2023

EXP Realty, LLC

Last Buyer's Agent

Tim Crew

(201) 870-2322 nj.broker@exprealty.net EXP Realty, LLC License #1433029 Listed on: 07/21/2023

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,011

Year Built

  • Built in 1998

Lot Details

  • 9,583 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in excellent condition
  • Property is zoned PVD2

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 2,008 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • High Ceiling
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Stainless Steel Appliances

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Schools

  • Lawrence Middle School
  • Lawrence High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Yorkshire Subdivision

Listing and Financial Details

  • Tax Lot 00041
  • Assessor Parcel Number 07-05201 07-00041

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,011

Year Built

Built in 1998

Lot Details

9,583 Sq Ft Lot

HOA Fees

$40 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Inclusions: Washer / dryer, kitchen appliances
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-07-21
  • Year Built: 1998
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Stainless Steel Appliances
  • Flooring Type: Wood, Ceramic Tile
  • Interior Amenities: Dining Area, Floor Plan - Open, Kitchen - Eat-In
  • Fireplace: No
  • Wall Ceiling Types: High
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2008
  • Living Area Sq Ft: 2008
  • Price Per Sq Ft: 313.75
  • Above Grade Finished Sq Ft: 2008
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 40.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: LAWRENCE H.S.
  • Middle Or Junior School: LAWRENCE M.S.

Lot Info

  • Fencing: Fully
  • Lot Size Acres: 0.22
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Zoning: PVD2

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11011.00
  • Assessor Parcel Number: 07-05201 07-00041
  • Tax Lot: 00041
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: LAWRENCE TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 28, 2023
Sold by
Gao Yang and Gao Yue
Bought by
Royan Suneetha Josthna and Yeruva Sudheer Reddy
Seller's Agent
Tim Crew
EXP Realty, LLC
Buyer's Agent
Tim Crew
EXP Realty, LLC
List Price
$630,000
Sold Price
$640,000
Premium/Discount to List
$10,000
1.59%
Views
177
Current Estimated Value
$756,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,694
Avg. Annual Appreciation
6.58%
Original Mortgage
$601,400
Outstanding Balance
$588,282
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$168,412

Purchase Details

Listed on
Mar 23, 2017
Closed on
May 23, 2017
Sold by
Futamatsu Go and Futamatsu Naoko
Bought by
Gao Yang and Yang Yue
Seller's Agent
GEORGINA GOH
WEICHERT REALTORS
List Price
$445,800
Sold Price
$450,000
Premium/Discount to List
$4,200
0.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$300,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2014
Closed on
Aug 22, 2014
Sold by
Hsu Yu Hua and Wu Pi Chu
Bought by
Futamatsu Go and Futamatsu Naoko
Seller's Agent
Wen Bash
Keller Williams Real Estate - Princeton
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$448,000
Sold Price
$435,500
Premium/Discount to List
-$12,500
-2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.21%
Original Mortgage
$300,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 18, 2012
Closed on
Aug 18, 2012
Sold by
Hsu Yu Chung and Hsu Yu Hua
Bought by
Hsu Yu Hua and Wu Pi Chu
Seller's Agent
Wen Bash
Keller Williams Real Estate - Princeton
Buyer's Agent
Elisa M. Fabi
Schneider Real Estate Agency
Sold Price
$2,950

Purchase Details

Listed on
Jul 18, 2012
Closed on
Aug 9, 2012
Sold by
Hsu Yu Chung and Hsu Yu Hua
Bought by
Hsu Yu Hua and Wu Pi Chu
Seller's Agent
Wen Bash
Keller Williams Real Estate - Princeton
Buyer's Agent
Elisa M. Fabi
Schneider Real Estate Agency
Sold Price
$2,950

Purchase Details

Closed on
Mar 30, 2011
Sold by
Hsu Yuchung
Bought by
Hsu Yuchung and Hsu Yu Hua

Purchase Details

Closed on
Sep 10, 2004
Sold by
Korzeb Walter
Bought by
Hsu Yuchung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 1998
Sold by
Yorkshire Village Llc
Bought by
Korzeb Walter and Korzeb Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,150
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Royan Suneetha Josthna $640,000 Title Evolution
Gao Yang $450,000 None Available
Futamatsu Go $435,500 Fidelity Nat Title Ins Co
Hsu Yu Hua $210,000 None Available
Hsu Yu Hua -- None Available
Hsu Yuchung $230,000 None Available
Hsu Yuchung $438,800 --
Korzeb Walter $192,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Royan Suneetha Josthna $601,400
Previous Owner Gao Yang $300,000
Previous Owner Futamatsu Go $300,000
Previous Owner Hsu Yuchung $320,000
Previous Owner Korzeb Walter $173,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2023 09/01/23 Sold $640,000 +1.6% $319 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $630,000 +40.0% $314 / Sq Ft
05/23/2017 05/23/17 Sold $450,000 +0.9% -- View Prior Sale
04/04/2017 04/04/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $445,800 +2.4% --
08/29/2014 08/29/14 Sold $435,500 -2.8% $217 / Sq Ft View Prior Sale
07/09/2014 07/09/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $448,000 0.0% $223 / Sq Ft
08/28/2012 08/28/12 Rented $2,950 0.0% --
08/09/2012 08/09/12 Under Contract -- -- --
07/18/2012 07/18/12 For Rent $2,950 -- --
Source: Bright MLS

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 $11,444 $369,400 $93,900 $275,500
2024 $11,215 $369,400 $93,900 $275,500
2023 $11,215 $369,400 $93,900 $275,500
2022 $11,012 $369,400 $93,900 $275,500
2021 $10,871 $369,400 $93,900 $275,500
2020 $10,720 $369,400 $93,900 $275,500
2019 $10,583 $369,400 $93,900 $275,500
2018 $10,343 $369,400 $93,900 $275,500
2017 $10,295 $369,400 $93,900 $275,500
2016 $10,144 $369,400 $93,900 $275,500
2015 $9,863 $369,400 $93,900 $275,500
2014 $9,678 $369,400 $93,900 $275,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2032450

Bright MLS

APN: 07-05201-07-00041

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