NOT LISTED FOR SALE

6 Merchant Place Morris Plains, NJ 07950

Estimated Value: $744,000 - $765,000

3 Beds
2 Baths
1,864 Sq Ft
$403/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $430,000 $231 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,825/month

21 Days on Market

Highlights

  • Cape Cod Architecture
  • Fireplace in Kitchen
  • Wood Flooring
  • Mountain Way Elementary School Rated A-
  • Recreation Room
  • 5-minute walk to Simons Memorial Park

About This Home

As of April 2016

Many possibilities for this deceivingly spacious home located on a cul-de-sac in a very desirable area close to school, train, and shopping. The living room is light and bright featuring a large bay window, freshly painted walls, and is open to the formal dining room, perfect for entertaining! The country kitchen is unique in that it was expanded from a galley type to an open kitchen/dining room with a gas burning stove. Enjoy the tranquility of the 3 season porch, overlooking the fenced in yard. Hardwood floors throughout & beautiful beams add loads of character in this country charmer. The finished basement includes brand new carpeting, high ceilings and a bonus space for storage/laundry. The lush green yard is beautifully landscaped with brick and stamped concrete patio and freshly painted deck.

Last Agent to Sell the Property

Erica Travis

COMPASS NEW JERSEY, LLC Listed on: 03/07/2016

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

Murray Robertson

RE/MAX FIRST CHOICE

RE/MAX FIRST CHOICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,076

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 0.25 Acre Lot
  • Privacy Fence

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Composition Shingle
  • Tile

Interior Spaces

  • 1,864 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Country Kitchen
  • Gas Oven or Range
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Front Basement Entry

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Mt. Way Elementary School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Electric Baseboard Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2323-00031-0000-00023-0039-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,076

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Renovated
  • County Name: Morris
  • Renovated Year: 2016
  • Street Number Display: 6
  • Directions: Speedwell to Glenbrook to Mountain to Burch to Merchant #6
  • I D: 4605025
  • Modified: 2021-09-23
  • Number Images: 21
  • Section Subdiv Development: Mountain Way
  • First Name: ERICA
  • First Name3: MURRAY
  • Last Name: TRAVIS
  • Last Name3: ROBERTSON
  • Office Phone: 973-310-6186
  • Office Phone3: 973-335-4600
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Gas Fireplace, Kitchen
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dryer
  • Number Rooms: 9
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full, Finished-Partially
  • Basement Level Rooms: Storage Room, Laundry Room, Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Separate Dining Area, Country Kitchen, Eat-In Kitchen
  • Kitchen Dim: 17x23
  • Kitchen Level: First
  • Living Room Dim: 11x17
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 22x17
  • Other Room1 Level: Basement
  • Other Room 2: Florida/3Season
  • Other Room2 Dim: 17x10
  • Other Room2 Level: First
  • Other Room 3: Bathroom
  • Other Room3 Level: First
  • Other Room 4: Laundry Room
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Family Room, Kitchen, Florida/3Season, Den, Dining Room, Living Room, Entrance Vestibule
  • Level 2 Rooms: 2 Bedrooms, Office, Bath Main
  • Estimated Sq Ft: 1864
  • Phone: 973-539-8000

Exterior Features

  • Exterior Description: Composition Shingle
  • Exterior Features: Patio, Enclosed Porch(es), Privacy Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width, Concrete, Off-Street Parking

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Wall A/C Unit(s), Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Electric, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Mt. Way

Lot Info

  • Lot Size: .248 AC
  • Assessed Improvement Value: 164000
  • Assessed Land Value: 241600
  • Assessment: 405600
  • Easement: Unknown
  • Lot Identifier: 23.39
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.25

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8076
  • Assessor Parcel Number: 2323-00031-0000-00023-0039-
  • Tax Rate Amount: 2.153
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Mt. Way

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2016
Closed on
Apr 29, 2016
Sold by
Rizzo Angelo M
Bought by
Iglesias Daphne
Seller's Agent
Erica Travis
COMPASS NEW JERSEY, LLC
Buyer's Agent
Murray Robertson
RE/MAX FIRST CHOICE
List Price
$449,999
Sold Price
$430,000
Premium/Discount to List
-$19,999
-4.44%
Current Estimated Value
$751,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,768
Avg. Annual Appreciation
5.42%
Original Mortgage
$100,000
Outstanding Balance
$79,630
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$627,566

Purchase Details

Closed on
Jun 11, 2005
Sold by
Rizzo Evelyn
Bought by
Angelo Rizzo Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 10, 2005
Sold by
Rizzo Angelo
Bought by
Rizzo Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.82%
Mortgage Type
Unknown
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
Iglesias Daphne $430,000 Stewart Title Guaranty Compa
Angelo Rizzo Family Trust -- --
Rizzo Evelyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iglesias Daphne $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $430,000 -4.4% $231 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $449,999 -- $241 / 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 $10,067 $405,600 $241,600 $164,000
2024 $10,136 $405,600 $241,600 $164,000
2023 $10,136 $405,600 $241,600 $164,000
2022 $9,933 $405,600 $241,600 $164,000
2021 $9,933 $405,600 $241,600 $164,000
2020 $9,686 $405,600 $241,600 $164,000
2019 $9,499 $405,600 $241,600 $164,000
2018 $9,191 $405,600 $241,600 $164,000
2017 $9,008 $405,600 $241,600 $164,000
2016 $8,692 $405,600 $241,600 $164,000
2015 $8,483 $405,600 $241,600 $164,000
2014 $8,381 $405,600 $241,600 $164,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3287188

Garden State MLS

APN: 23-00031-0000-00023-39