NOT LISTED FOR SALE

585 Morris Ave Springfield, NJ 07081

Estimated Value: $1,540,881

Studio
-- Bath
468 Sq Ft
$3,292/Sq Ft Est. Value

About This Home

This home is located at 585 Morris Ave, Springfield, NJ 07081 and is currently estimated at $1,540,881, approximately $3,292 per square foot. 585 Morris Ave is a home located in Union County with nearby schools including Jonathan Dayton High School and The Winston School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2024
Sold by
Morese Jerry and Morese Joseph
Bought by
585 Morris Llc
Current Estimated Value
$1,540,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,180,264
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$360,617
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
585 Morris Llc $1,400,000 None Listed On Document
585 Morris Llc $1,400,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 585 Morris Llc $1,200,000
Closed 585 Morris Llc $1,200,000
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 $12,697 $523,600 $476,800 $46,800
2024 $12,493 $523,600 $476,800 $46,800
2023 $12,493 $523,600 $476,800 $46,800
2022 $11,619 $523,600 $476,800 $46,800
2021 $12,519 $164,400 $155,800 $8,600
2020 $12,328 $164,400 $155,800 $8,600
2019 $12,166 $164,400 $155,800 $8,600
2018 $11,672 $164,400 $155,800 $8,600
2017 $11,631 $164,400 $155,800 $8,600
2016 $11,411 $164,400 $155,800 $8,600
2015 $11,281 $164,400 $155,800 $8,600
2014 $11,074 $164,400 $155,800 $8,600
Source: Public Records

Map

New Jersey Union County Springfield 07081

585 Morris Ave, Springfield, NJ

Not Listed for Sale

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