NOT LISTED FOR SALE

50 Canfield Rd Morristown, NJ 07960

Estimated Value: $2,799,000 - $3,507,000

5 Beds
8 Baths
6,964 Sq Ft
$441/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $2,350,000 $337 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $19,528/month

66 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Custom Home
  • Deck
  • Hillcrest School Rated A-
  • 1.87 Acre Lot
  • Pond

About This Home

As of October 2022

YOU MUST SEE THIS HOME! Photos do not do it justice! You need to feel the doors, see how high the ceilings are in person! The grounds are exquisite! The private 1.8 acre setting offers you a landscaped oasis. In the private backyard, enjoy a pond, patio and gazebo creating a pristine setting. As you walk through this home, you will be amazed by it's size. The oversized windows, doors and 10 foot ceilings are rich in detail and design. There are four bedrooms on the second floor and each features its own en-suite bath. Each oversized bedroom has moldings, large in size, hardwood floors and some suites feature access to their own terrace.When it's time for dinner, enjoy your gorgeous gourmet kitchen with stunning views of the backyard and direct access to the bluestone patio. The main level of this home features formal entry, dining room and living room, a spacious family room and private office both feature custom coffered ceilings and millwork. This gracious home also features a main level suite with a full bath has which has flexible use and is perfect for overnight guests. Rounding out the main level is a spacious mud room that has direct access to the oversized 3 car garage. This home is walking distance to a direct train to NYC, and is in close proximity to downtown Morristown, with posh restaurants and shops. Do not miss this home.

Last Agent to Sell the Property

Gina Williams

COLDWELL BANKER REALTY Brokerage Phone: 973-769-1480 Listed on: 05/06/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Cynthia Bienemann

PROMINENT PROPERTIES SIR

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,182

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 1.87 Acre Lot
  • Sprinkler System

Parking

  • 3 Car Direct Access Garage
  • Inside Entrance
  • Garage Door Opener
  • Circular Driveway
  • Paver Block
  • Additional Parking

Home Design

  • Custom Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Shingle Roof
  • Clapboard

Interior Spaces

  • Sound System
  • Cathedral Ceiling
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Utility Room
  • Laundry Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven or Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • In-Law or Guest Suite
  • Soaking Tub

Unfinished Basement

  • Walk-Out Basement
  • French Drain

Home Security

  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Pond
  • Deck
  • Patio
  • Gazebo
  • Porch

Schools

  • Woodland Elementary School
  • Frelghuysn Middle School
  • Morristown High School

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 2322-08104-0000-00023-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,182

Year Built

Built in 2005 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Style: Custom Home, Colonial
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 2005
  • Year Built Description: Renovated
  • County Name: Morris
  • Exclusions: Dining room chandelier
  • Renovated Year: 2005
  • Street Number Display: 50
  • Directions: Take Route 124 to Canfield Road
  • I D: 5146738
  • Modified: 2023-10-20
  • Number Images: 41
  • First Name: GINA PARISI
  • First Name3: CYNTHIA R.
  • Last Name: WILLIAMS
  • Last Name3: BIENEMANN
  • Office Phone: 973-635-4504
  • Office Phone3: 908-272-8808
  • Attribution Contact: 973-769-1480
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2005

Interior Features

  • Flooring: Wood
  • Fireplace Description: Bedroom 1, Bedroom 2, Family Room, Library
  • Number of Fireplaces: 4
  • Appliances: Range/Oven-Gas, Refrigerator, OvnWElec
  • Interior Amenities: Cathedral Ceiling, Fire Alarm Sys, High Ceilings, Intercom, Stereo System, Window Treatments
  • Number Rooms: 12
  • Bedrooms: 5
  • Master Bedroom Desc: Dressing Room, Fireplace, Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower And Tub
  • Bathrooms: 6.20
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: French Drain, Unfinished, Walkout
  • Basement Level Rooms: Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Full Bath
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen, Pantry
  • Kitchen Level: First
  • Living Room Dim: 20x14
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 20x16
  • Other Room1 Level: First
  • Other Room 2: SittngRm
  • Other Room2 Dim: 17x13
  • Other Room2 Level: Second
  • Other Room 3: Foyer
  • Other Room3 Dim: 14x13
  • Other Room3 Level: First
  • Other Room 4: Office
  • Other Room4 Dim: 17x13
  • Other Room4 Level: First
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Dining Room, Family Room, Foyer, GarEnter, Kitchen, Laundry Room, Living Room, MudRoom, Office, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath(s) Other, Porch, SittngRm
  • Phone: 973-635-8200

Exterior Features

  • Exterior Description: Brick, Clapboard, Wood Shingle
  • Exterior Features: Deck, Gazebo, Open Porch(es), Patio, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Built-In Garage, Garage Door Opener, InEntrnc, Oversize Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: 2 Car Width, Additional Parking, Blacktop, Circular, Paver Block

Utilities

  • Cooling: 4 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 4 Units
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: Woodland
  • Middle School: Frelghuysn
  • High School: Morristown
  • High School: Morristown
  • Middle Jr High School: Frelghuysn

Lot Info

  • Lot Size: 1.87 AC
  • Assessed Improvement Value: 1449700
  • Assessed Land Value: 493500
  • Assessment: 1943200
  • Lot Description: Pond On Lot
  • Lot Identifier: 23
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.87

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 36182
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-08104-0000-00023-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.912
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: Woodland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Oct 10, 2022
Sold by
Donna T Pepe Revocable Trust
Bought by
Ackerman Alexander and Ackerman Kate
Seller's Agent
Gina Williams
COLDWELL BANKER REALTY
Buyer's Agent
Cynthia Bienemann
PROMINENT PROPERTIES SIR
List Price
$2,995,000
Sold Price
$2,350,000
Premium/Discount to List
-$645,000
-21.54%
Current Estimated Value
$3,071,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$721,822
Avg. Annual Appreciation
9.54%
Original Mortgage
$1,250,000
Outstanding Balance
$1,208,119
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$1,863,703

Purchase Details

Closed on
Oct 28, 2021
Sold by
Pepe Donna and Estate Of Thomas Pepe
Bought by
Pepe Donna T and Glenmed Trust Company Na

Purchase Details

Closed on
Mar 24, 2000
Sold by
Gallini Joseph G and Gallini Louis D
Bought by
Pepe Thomas and Pepe Donna
Source: Public Records

Range of Values:

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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
Ackerman Alexander $2,350,000 --
Ackerman Alexander $2,350,000 None Listed On Document
Pepe Donna T -- None Available
Donna T Pepe Revocable Trust -- None Listed On Document
Pepe Thomas $572,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ackerman Alexander $1,250,000
Closed Ackerman Alexander $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $2,350,000 0.0% $337 / Sq Ft
09/01/2022 09/01/22 Off Market $2,350,000 -- --
07/18/2022 07/18/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $2,995,000 -- $430 / 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 $38,903 $1,943,200 $493,500 $1,449,700
2024 $38,961 $1,943,200 $493,500 $1,449,700
2023 $38,961 $1,943,200 $493,500 $1,449,700
2022 $27,620 $1,943,200 $493,500 $1,449,700
2021 $27,620 $1,943,200 $493,500 $1,449,700
2020 $36,182 $1,943,200 $493,500 $1,449,700
2019 $35,619 $1,943,200 $493,500 $1,449,700
2018 $35,230 $1,943,200 $493,500 $1,449,700
2017 $34,997 $1,943,200 $493,500 $1,449,700
2016 $34,453 $1,943,200 $493,500 $1,449,700
2015 $34,769 $1,371,000 $333,500 $1,037,500
2014 $34,316 $1,371,000 $333,500 $1,037,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3780254

Garden State MLS

APN: 22-08104-0000-00023