NOT LISTED FOR SALE

5 Patterson Dr Oak Ridge, NJ 07438

Estimated Value: $627,000 - $666,815

4 Beds
3 Baths
2,688 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $585,000 $218 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,524/month

15 Days on Market

About This Home

As of August 2024

This home is located at 5 Patterson Dr, Oak Ridge, NJ 07438 since 24 July 2024 and is currently estimated at $650,204, approximately $241 per square foot. This property was built in 1967. 5 Patterson Dr is a home located in Morris County with nearby schools including Jefferson Township Middle School, Jefferson Township High School, and Alpine Montessori School - Oakridge.

Last Agent to Sell the Property

Eugene Boohoff

REALTY EXECUTIVES EXCEPTIONAL Brokerage Phone: 973-729-7141 Listed on: 07/24/2024

REALTY EXECUTIVES EXCEPTIONAL

Last Buyer's Agent

Ronny Gutierrez

WEICHERT REALTORS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,362

Year Built

  • Built in 1967

Lot Details

  • 0.33 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,362

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Year Built: 1967
  • County Name: Morris
  • I D: 5302883
  • Attribution Contact: 973-729-7141
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 0.330 AC
  • Total Acres: 0.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Aug 26, 2024
Sold by
Waterview Oak Ridge Llc
Bought by
Pena Kristopher and Castro Nicole R
Seller's Agent
Eugene Boohoff
REALTY EXECUTIVES EXCEPTIONAL
Buyer's Agent
Ronny Gutierrez
WEICHERT REALTORS
List Price
$585,000
Sold Price
$585,000
Views
34
Current Estimated Value
$650,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,204
Avg. Annual Appreciation
8.68%
Original Mortgage
$603,860
Outstanding Balance
$597,098
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$53,106

Purchase Details

Closed on
Apr 26, 2019
Sold by
Sparta Invitaon Homes Llc
Bought by
Waterview Oak Ridge Llc

Purchase Details

Listed on
Aug 7, 2018
Closed on
Jan 7, 2019
Sold by
Wells Fargo Bank Na
Bought by
Sparta Invitation Homes Llc
Seller's Agent
Russell Jack Beierle
PINNACLE REALTY ASSOCIATES LLC
Buyer's Agent
Eugene Boohoff
REALTY EXECUTIVES EXCEPTIONAL
List Price
$296,400
Sold Price
$189,000
Premium/Discount to List
-$107,400
-36.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.77%

Purchase Details

Closed on
Mar 15, 2018
Sold by
Jackson Rosa and Jackson Olga
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Jun 18, 2009
Sold by
Jackson Olga and Jackson Rosa
Bought by
Jackson Rosa

Purchase Details

Closed on
Oct 24, 2006
Sold by
Jackson Olga
Bought by
Jackosn Olga and Jackson Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 13, 1999
Sold by
Pastene Alice M
Bought by
Teleaga Remus and Teleaga Iulia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,800
Interest Rate
8.1%

Purchase Details

Closed on
Nov 17, 1995
Sold by
Quail Bernard W and Quail Joan E
Bought by
Pastene Alice M
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
Pena Kristopher $615,000 American Land Title
Pena Kristopher $615,000 American Land Title
Waterview Oak Ridge Llc -- None Available
Sparta Invitation Homes Llc $189,000 Servicelink Llc
Wells Fargo Bank N A -- None Available
Jackson Rosa -- None Available
Jackosn Olga -- --
Teleaga Remus $184,000 First American Title Ins Co
Pastene Alice M $156,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pena Kristopher $603,860
Closed Pena Kristopher $603,860
Previous Owner Jackosn Olga $562,500
Previous Owner Teleaga Remus $174,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2024 08/29/24 Sold $585,000 0.0% $218 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $585,000 +209.5% $218 / Sq Ft
01/31/2019 01/31/19 Sold $189,000 -5.5% $70 / Sq Ft View Prior Sale
12/28/2018 12/28/18 Pending -- -- --
12/13/2018 12/13/18 Price Changed $199,900 -16.3% $74 / Sq Ft
11/11/2018 11/11/18 Price Changed $238,900 -19.4% $89 / Sq Ft
08/07/2018 08/07/18 For Sale $296,400 -- $110 / 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 $13,362 $461,800 $142,200 $319,600
2024 $13,024 $445,100 $142,200 $302,900
2023 $13,024 $445,100 $142,200 $302,900
2022 $12,436 $445,100 $142,200 $302,900
2021 $12,436 $445,100 $142,200 $302,900
2020 $12,227 $445,100 $142,200 $302,900
2019 $11,876 $432,000 $141,100 $290,900
2018 $11,590 $415,700 $135,900 $279,800
2017 $11,423 $402,500 $134,900 $267,600
2016 $10,885 $404,800 $134,900 $269,900
2015 $10,558 $383,500 $134,900 $248,600
2014 $10,628 $390,300 $134,900 $255,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3915246

Garden State MLS

APN: 14-00464-0000-00013