NOT LISTED FOR SALE

50 Spring Brook Rd Morristown, NJ 07960

Estimated Value: $2,124,000 - $2,415,202

5 Beds
6 Baths
4,782 Sq Ft
$479/Sq Ft Est. Value

About This Home

This home is located at 50 Spring Brook Rd, Morristown, NJ 07960 and is currently estimated at $2,288,301, approximately $478 per square foot. 50 Spring Brook Rd is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2024
Sold by
Medd Bruce H and Medd Heather H
Bought by
Marchigiano Justin and Marchigiano Ariana
Current Estimated Value
$2,288,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$988,466
Interest Rate
6.77%
Mortgage Type
Seller Take Back
Estimated Equity
$1,299,835

Purchase Details

Closed on
Apr 19, 2002
Sold by
Miller Joan
Bought by
Medd Bruce and Medd Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.92%

Purchase Details

Closed on
Aug 14, 1998
Sold by
Jones Jeffrey E
Bought by
Miller Joan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.9%

Purchase Details

Closed on
Jan 28, 1997
Sold by
Graber Gordon S and Graber Helen P
Bought by
Jones Jeffrey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,200
Interest Rate
6.5%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Marchigiano Justin $2,300,000 Green Hill Title
Marchigiano Justin $2,300,000 Green Hill Title
Medd Bruce $675,000 --
Miller Joan E $457,000 --
Jones Jeffrey E $424,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marchigiano Justin $1,000,000
Closed Marchigiano Justin $1,000,000
Previous Owner Medd Bruce $440,000
Previous Owner Miller Joan E $350,000
Previous Owner Jones Jeffrey E $339,200
Source: Public Records

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 $30,176 $1,641,700 $421,300 $1,220,400
2024 $30,221 $1,507,300 $421,300 $1,086,000
2023 $30,221 $1,507,300 $421,300 $1,086,000
2022 $28,820 $1,507,300 $421,300 $1,086,000
2021 $28,820 $1,507,300 $421,300 $1,086,000
2020 $28,066 $1,507,300 $421,300 $1,086,000
2019 $27,629 $1,507,300 $421,300 $1,086,000
2018 $27,327 $1,507,300 $421,300 $1,086,000
2017 $27,146 $1,507,300 $421,300 $1,086,000
2016 $26,724 $1,507,300 $421,300 $1,086,000
2015 $26,349 $1,039,000 $437,500 $601,500
2014 $26,006 $1,039,000 $437,500 $601,500
Source: Public Records

Map

New Jersey Morris County Morristown 07960

50 Spring Brook Rd, Morristown, NJ

This home is located at 50 Spring Brook Rd, Morristown, NJ 07960 and is currently estimated at $2,288,301, approximately $478 per square foot. 50 Spring Brook Rd is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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