NOT LISTED FOR SALE

56 Chimney Ridge Dr Morristown, NJ 07960

Estimated Value: $1,016,000 - $1,071,669

5 Beds
3 Baths
3,148 Sq Ft
$333/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $850,000 $270 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,584/month

12 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Attic
  • Hillcrest School Rated A-
  • Wood Flooring
  • Mud Room

About This Home

As of December 2022

Charming Dutch colonial in the desirable Cromwell Hills neighborhood. Expansive five-bedroom configuration with the ability to convert family room into a first-floor bedroom. Renovations include updated kitchen with separate eat-in area, new furnace & AC condensers, windows replaced with Anderson 400 Series, new sliding glass door, first floor full bath renovated and primary bedroom bath. Features include hardwood floors, crown molding, beamed ceilings, granite counter tops, stainless-steel refrigerator, oven & microwave in the kitchen, wainscotting, real pine wood paneling & wood burning fireplace in the den plus large mudroom/laundry room off garage with new washer & dryer. Second floor has five bedrooms, all good sized. Basement is finished with built-in entertainment center and brand new durable faux wood vinyl plank flooring. Multiple storage options with a large walk-in storage room and attic on the second floor & storage room in the basement. The grounds are equally quaint with mature trees & landscaping, rear brick patio, flat rear yard and cozy front porch perfect for enjoying your morning coffee. The sense of "pride in ownership" is apparent the moment you enter the front foyer. Interior of the house has recently painted and new energy efficient insulation replaced in attic. Cromwell Hills features an optional community pool & club house. A quick three-mile jaunt to Downtown Morristown and only two miles to Convent Station NYC Train.

Last Agent to Sell the Property

Ryan Dawson

WEICHERT REALTORS Brokerage Phone: 973-768-7468 Listed on: 10/20/2022

WEICHERT REALTORS

Last Buyer's Agent

Gale Grennan

WEICHERT REALTORS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,938

Year Built

  • Built in 1963

Lot Details

  • 0.41 Acre Lot
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Garage Door Opener
  • Additional Parking

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • Beamed Ceilings
  • Wood Burning Fireplace
  • Thermal Windows
  • Shades
  • Blinds
  • Drapes & Rods
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Storage Room
  • Utility Room
  • Attic
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Schools

  • K-2;3-5 Elementary School
  • Frelghuysn Middle School
  • Morristown High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 2322-09609-0000-00006-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,938

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1963
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 56
  • Directions: Park Avenue to Chimney Ridge, house halfway up on the left
  • I D: 5184656
  • Modified: 2023-12-16
  • Number Images: 29
  • Section Subdiv Development: Cromwell Hills
  • First Name: RYAN
  • First Name3: GALE
  • Last Name: DAWSON
  • Last Name3: GRENNAN
  • Attribution Contact: 973-768-7468
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Vinyl-Linoleum, Wood
  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Electric, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Beam Ceilings, Blinds, Carbon Monoxide Detector, Drapes, Fire Extinguisher, Shades, Smoke Detector, StallShw, TubShowr, Walk-In Closet, Window Treatments
  • Number Rooms: 16
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished, Unfinished
  • Basement Level Rooms: Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 17x12
  • Kitchen Level: First
  • Living Room Dim: 21x15
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 15x10
  • Other Room1 Level: Second
  • Other Room 2: Rec Room
  • Other Room2 Dim: 26x13
  • Other Room2 Level: Basement
  • Other Room 3: Attic
  • Other Room3 Dim: 21x18
  • Other Room3 Level: Second
  • Other Room 4: Storage Room
  • Other Room4 Dim: 14x10
  • Other Room4 Level: Second
  • Level 1 Rooms: Bath(s) Other, Den, Dining Room, Family Room, Foyer, GarEnter, Kitchen, Laundry Room, Living Room, MudRoom, Porch, Storage Room
  • Level 2 Rooms: 4 Or More Bedrooms, Attic, Bath Main, Bath(s) Other, Storage Room
  • Phone: 973-539-8000

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Patio, Storm Door(s), Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, Oversize Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: 2 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Pool-Outdoor

Schools

  • Elementary School: K-2;3-5
  • Middle School: Frelghuysn
  • High School: Morristown
  • High School: Morristown
  • Middle Jr High School: Frelghuysn

Lot Info

  • Lot Size: 0.41 AC
  • Assessed Improvement Value: 271600
  • Assessed Land Value: 300500
  • Assessment: 572100
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 6
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.41
  • Zoning: Res

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10938
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-09609-0000-00006-0000-
  • 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: K-2;3-5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2025
Sold by
Osullivan Dermot J and Osullivan Lindsey A
Bought by
Osullivan Lindsey A
Total Days on Market
12
Current Estimated Value
$1,047,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,662
Outstanding Balance
$909,711
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$137,956

Purchase Details

Listed on
Oct 20, 2022
Closed on
Dec 6, 2022
Sold by
Cooney Kevin F and Cooney Anne Marie
Bought by
Osullivan Dermot J and Osullivan Lindsey
Seller's Agent
Ryan Dawson
WEICHERT REALTORS
Buyer's Agent
Gale Grennan
WEICHERT REALTORS
List Price
$799,900
Sold Price
$850,000
Premium/Discount to List
$50,100
6.26%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$722,500
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 1998
Sold by
Cooney Anne M
Bought by
Cooney Kevin F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

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Average Value
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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
Osullivan Lindsey A -- None Listed On Document
Osullivan Lindsey A -- None Listed On Document
Osullivan Dermot J $850,000 --
Osullivan Dermot J $850,000 None Listed On Document
Cooney Kevin F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osullivan Lindsey A $910,662
Closed Osullivan Lindsey A $910,662
Previous Owner Osullivan Dermot J $722,500
Previous Owner Cooney Kevin F $425,000
Previous Owner Cooney Kevin F $25,000
Previous Owner Cooney Kevin F $262,650
Previous Owner Conney Kevin F $50,000
Previous Owner Cooney Kevin F $245,000
Previous Owner Cooney Kevin F $155,000
Previous Owner Cooney Kevin F $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2022 12/15/22 Sold $850,000 +6.3% $270 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $799,900 -- $254 / 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 $12,024 $600,600 $300,500 $300,100
2024 $11,471 $600,600 $300,500 $300,100
2023 $11,471 $572,100 $300,500 $271,600
2022 $10,939 $572,100 $300,500 $271,600
2021 $10,939 $572,100 $300,500 $271,600
2020 $10,653 $572,100 $300,500 $271,600
2019 $10,487 $572,100 $300,500 $271,600
2018 $10,372 $572,100 $300,500 $271,600
2017 $10,304 $572,100 $300,500 $271,600
2016 $10,143 $572,100 $300,500 $271,600
2015 $12,059 $475,500 $205,500 $270,000
2014 $11,902 $475,500 $205,500 $270,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3813672

Garden State MLS

APN: 22-09609-0000-00006