NOT LISTED FOR SALE

501 Pitney Place Morristown, NJ 07960

Estimated Value: $331,000 - $400,000

2 Beds
1 Bath
890 Sq Ft
$423/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $350,000 $393 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,379/month

10 Days on Market

About This Home

As of June 2023

This home is located at 501 Pitney Place, Morristown, NJ 07960 since 22 April 2023 and is currently estimated at $376,120, approximately $422 per square foot. This property was built in 1963. 501 Pitney Place is a home located in Morris County with nearby schools including Alfred Vail School, Hillcrest School, and Thomas Jefferson School.

Last Agent to Sell the Property

CAROL SULLIVAN

WEICHERT REALTORS Brokerage Phone: 973-543-6511 Listed on: 04/22/2023

Last Buyer's Agent

Julia Kovacs

WEICHERT REALTORS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,952

Year Built

  • Built in 1963

Lot Details

  • 4,792

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,952

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Year Built: 1963
  • County Name: Morris
  • Street Number Display: 501
  • I D: 5215250
  • Modified: 2024-06-24
  • Number Images: 1
  • Attribution Contact: 973-543-6511
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2023
Closed on
Jun 14, 2023
Sold by
Froehner Kathleen Marie
Bought by
Thompson Benjamin Randolph and Thompson Courtney Urfer
Seller's Agent
CAROL SULLIVAN
WEICHERT REALTORS
Buyer's Agent
Julia Kovacs
WEICHERT REALTORS
List Price
$325,000
Sold Price
$350,000
Premium/Discount to List
$25,000
7.69%
Views
71
Current Estimated Value
$376,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,120
Avg. Annual Appreciation
3.44%
Original Mortgage
$120,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2015
Closed on
May 15, 2015
Sold by
Wilson Brian A and Wilson Caitlyn
Bought by
Froehner Kathleen Marie
Seller's Agent
KELLY E. WEISERT
WEICHERT REALTORS
Buyer's Agent
EUGENE KEVIN LONG
WEICHERT REALTORS
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Thompson Benjamin Randolph $350,000 None Listed On Document
Froehner Kathleen Marie $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Benjamin Randolph $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $350,000 +7.7% $393 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $325,000 +54.8% $365 / Sq Ft
05/15/2015 05/15/15 Sold $210,000 -- $236 / 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
2024 $3,952 $209,400 $115,000 $94,400
2023 $3,952 $197,100 $115,000 $82,100
2022 $3,769 $197,100 $115,000 $82,100
2021 $3,769 $197,100 $115,000 $82,100
2020 $3,670 $197,100 $115,000 $82,100
2019 $3,613 $197,100 $115,000 $82,100
2018 $3,573 $197,100 $115,000 $82,100
2017 $3,550 $197,100 $115,000 $82,100
2016 $3,495 $197,100 $115,000 $82,100
2015 $2,953 $126,300 $70,000 $56,300
2014 $2,911 $126,300 $70,000 $56,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    CAROL SULLIVAN

    WEICHERT REALTORS

  • J

    Buyer's Agent in 2023

    Julia Kovacs

    WEICHERT REALTORS

    (973) 886-7957

    2 in this area

    16 Total Sales

    Section Image

  • K

    Seller's Agent in 2015

    KELLY E. WEISERT

    WEICHERT REALTORS

  • E

    Buyer's Agent in 2015

    EUGENE KEVIN LONG

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3839638

Garden State MLS

APN: 22-08301-0000-00003-0000-C0501

New Jersey Morris County Morristown 07960

501 Pitney Place, Morristown, NJ

This home is located at 501 Pitney Place, Morristown, NJ 07960 since 22 April 2023 and is currently estimated at $376,120, approximately $422 per square foot. This property was built in 1963. 501 Pitney Place is a home located in Morris County with nearby schools including Alfred Vail School, Hillcrest School, and Thomas Jefferson School.

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