NOT LISTED FOR SALE

5 Reed Rd Morristown, NJ 07960

Estimated Value: $1,093,000 - $1,394,000

5 Beds
4 Baths
3,951 Sq Ft
$303/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $1,050,000 $266 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,641/month

22 Days on Market

About This Home

As of July 2024

This home is located at 5 Reed Rd, Morristown, NJ 07960 since 16 May 2024 and is currently estimated at $1,198,062, approximately $303 per square foot. This property was built in 1967. 5 Reed Rd is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

Last Agent to Sell the Property

Joanne Bickers

WEICHERT REALTORS CORP HQ Brokerage Phone: 973-984-1400 Listed on: 05/16/2024

WEICHERT REALTORS CORP HQ

Last Buyer's Agent

Joanne Bickers

WEICHERT REALTORS CORP HQ Brokerage Phone: 973-984-1400 Listed on: 05/16/2024

WEICHERT REALTORS CORP HQ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,436

Year Built

  • Built in 1967

Lot Details

  • 3.78 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,436

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Year Built: 1967
  • County Name: Morris
  • I D: 5281973
  • Attribution Contact: 973-984-1400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.20

Lot Info

  • Lot Size: 3.78 ACRES
  • Total Acres: 3.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jul 13, 2024
Sold by
Smith Alfred P and Smith Lisa A
Bought by
Kloster James H and Kloster Lisa M
Seller's Agent
Joanne Bickers
WEICHERT REALTORS CORP HQ
Buyer's Agent
Joanne Bickers
WEICHERT REALTORS CORP HQ
List Price
$1,150,000
Sold Price
$1,050,000
Premium/Discount to List
-$100,000
-8.7%
Views
132
Current Estimated Value
$1,198,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,062
Avg. Annual Appreciation
10.95%
Source: Public Records

Range of Values:

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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
Kloster James H $1,000,000 Westcor Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2024 07/16/24 Sold $1,050,000 -8.7% $266 / Sq Ft
06/09/2024 06/09/24 Pending -- -- --
05/18/2024 05/18/24 For Sale $1,150,000 -- $291 / 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 $16,436 $821,000 $399,500 $421,500
2024 $16,461 $821,000 $399,500 $421,500
2023 $16,461 $821,000 $399,500 $421,500
2022 $15,448 $821,000 $399,500 $421,500
2021 $15,448 $821,000 $399,500 $421,500
2020 $15,287 $821,000 $399,500 $421,500
2019 $15,049 $821,000 $399,500 $421,500
2018 $14,885 $821,000 $399,500 $421,500
2017 $14,786 $821,000 $399,500 $421,500
2016 $14,556 $821,000 $399,500 $421,500
2015 $18,699 $747,200 $359,500 $387,700
2014 $18,452 $747,200 $359,500 $387,700
Source: Public Records

Agents Affiliated with this Home

  • Joanne Bickers

    Seller's Agent in 2024

    Joanne Bickers

    WEICHERT REALTORS CORP HQ

    (973) 864-7776

    13 in this area

    36 Total Sales

    Joanne Bickers
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Map

Source: Garden State MLS

MLS Number: 3902420

Garden State MLS

APN: 22-04302-0000-00003

New Jersey Morris County Morristown 07960

5 Reed Rd, Morristown, NJ

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