NOT LISTED FOR SALE

542 Fairmount Ave Chatham, NJ 07928

Estimated Value: $990,000 - $1,140,948

4 Beds
2.5 Baths
-- Sq Ft
0.44 Acres

Last Sold September 15, 2017

Last sale price $699,000

Est. 55% increase in value since last sale

Current estimated payment $6,750/month

20 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Corner Lot
  • Chatham High School Rated A+
  • Wood Flooring
  • Home Office

About This Home

As of September 2017

MOVE-IN READY 4 Bed/2.1Bath on Large corner lot w/spacious park-like yard. Updated EIK w/SS applcs, Wood FP in LR, Fin.Bsmnt & HDWD thruout! Entertain on Large Deck off Kitchen. Oversized 2-car garage Great, secluded and private Home-Office on lower level. Home pre-wired for generator hook-up. Driveway NOT on Fairmount, located on quiet Tanglewood Lane.

Last Agent to Sell the Property

MICHAEL ELMS

WEICHERT REALTORS CORP HQ Listed on: 07/13/2017

Last Buyer's Agent

NANCY MEJIA

KELLER WILLIAMS ELITE REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,335

Year Built

  • Built in 1960

Lot Details

  • 0.44 Acre Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Private Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Utility Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on third floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Outdoor Features

  • Deck

Schools

  • Southern Elementary School
  • Chatham Middle School
  • Chatham High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Generator Hookup
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2305-00048-0010-00039-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,335

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Style: Split Level
  • Primary Style: Split Level
  • Subproperty Type: Single Family
  • Year Built: 1960
  • Year Built Description: Approximate
  • County Name: Morris
  • Renovated Year: 2007
  • Street Number Display: 542
  • Directions: Loantaka to Shunpike to right on Southern to right on Fairmount. Home on right, driveway off of Tanglewood.
  • I D: 4730436
  • Modified: 2021-09-23
  • Number Images: 18
  • Section Subdiv Development: near Wickham Woods
  • First Name: MICHAEL
  • First Name3: NANCY
  • Last Name: ELMS
  • Last Name3: MEJIA
  • Office Phone3: 732-549-1998
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2007

Interior Features

  • Flooring: Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Generator-Hookup, Refrigerator, Dishwasher, Microwave Oven
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Third
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Utility Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: Basement
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen
  • Kitchen Dim: 11x12
  • Kitchen Level: First
  • Living Room Dim: 15x18
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 8x10
  • Other Room1 Level: Ground
  • Level 1 Rooms: Living Room, Dining Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other
  • Ground Level Rooms: Office, Walkout, Powder Room
  • Phone: 973-539-6300

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage, Oversize Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop, Driveway-Exclusive

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Southern
  • Middle School: Chatham
  • High School: Chatham
  • High School: Chatham
  • Middle Jr High School: Chatham

Lot Info

  • Lot Size: 19162SF
  • Assessed Improvement Value: 152800
  • Assessed Land Value: 377900
  • Assessment: 530700
  • Lot Description: Corner
  • Lot Identifier: 39
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.44
  • Zoning: RES

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9335
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2305-00048-0010-00039-0000-
  • Tax Rate Amount: 1.759
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: Southern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2017
Closed on
Sep 12, 2017
Sold by
Sullivan Michele
Bought by
Pallitto Troy Vincent and Pallitto Theresa
Seller's Agent
MICHAEL ELMS
WEICHERT REALTORS CORP HQ
Buyer's Agent
NANCY MEJIA
KELLER WILLIAMS ELITE REALTORS
List Price
$699,000
Sold Price
$699,000
Current Estimated Value
$1,085,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,737
Avg. Annual Appreciation
5.67%
Original Mortgage
$629,000
Outstanding Balance
$517,158
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$568,579

Purchase Details

Closed on
Apr 30, 1998
Sold by
Karp Richard J and Karp Eleanor A
Bought by
Sullivan Neil and Sullivan Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,200
Interest Rate
7.05%
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
Pallitto Troy Vincent $699,000 Quality Title & Abstract Age
Sullivan Neil $328,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pallitto Troy Vincent $130,000
Open Pallitto Troy Vincent $629,000
Previous Owner Sullivan Michelle $389,500
Previous Owner Sullivan Michele $343,900
Previous Owner Sullivan Michele K $355,000
Previous Owner Sullivan Nel $30,000
Previous Owner Sullivan Neil $295,000
Previous Owner Sullivan Neil $285,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $699,000 0.0% --
08/02/2017 08/02/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $699,000 -- --
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 $10,556 $530,700 $377,900 $152,800
2024 $10,380 $530,700 $377,900 $152,800
2023 $10,380 $530,700 $377,900 $152,800
2022 $10,248 $530,700 $377,900 $152,800
2021 $10,248 $530,700 $377,900 $152,800
2020 $10,046 $530,700 $377,900 $152,800
2019 $9,839 $530,700 $377,900 $152,800
2018 $9,728 $530,700 $377,900 $152,800
2017 $9,484 $530,700 $377,900 $152,800
2016 $9,335 $530,700 $377,900 $152,800
2015 $9,298 $530,700 $377,900 $152,800
2014 $9,224 $530,700 $377,900 $152,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    MICHAEL ELMS

    WEICHERT REALTORS CORP HQ

  • N

    Buyer's Agent in 2017

    NANCY MEJIA

    KELLER WILLIAMS ELITE REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3403484

Garden State MLS

APN: 05-00048-10-00039

New Jersey Morris County Chatham 07928

542 Fairmount Ave, Chatham, NJ

This home is located at 542 Fairmount Ave, Chatham, NJ 07928 since 13 July 2017 and is currently estimated at $1,085,737. This property was built in 1960. 542 Fairmount Ave is a home located in Morris County with nearby schools including Chatham High School, The Academy of Our Lady of Peace, and St. Patrick School.

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