NOT LISTED FOR SALE

61 Gerhard Place Morristown, NJ 07960

Estimated Value: $944,000 - $1,028,000

3 Beds
2.5 Baths
2,783 Sq Ft
$351/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $683,690 $246 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,603/month

79 Days on Market

Highlights

  • Great Room with Fireplace
  • Breakfast Room
  • Breakfast Bar
  • Hillcrest School Rated A-
  • 2 Car Attached Garage
  • Patio

About This Home

As of February 2021

NEW CONSTRUCTION! Beautiful Monterey Townhome, AMAZING incl features! 3 Bedrooms, 2 WALK-IN CLOSETS in mstr, 1 wi closet BR 3, 2 1/2 baths, 2 car garage and 2700+ SF. Option to add a fin bsmt. Gorgeous kitchen featuring an oversized granite island and stainless steel appliances. 5" wide hardwood floors on 1st floor. Loft. The Collection at Morristown is an enclave of 143 luxury townhomes nestled in highly sought after Morristown NJ. Residents will enjoy a 5 minute drive to the apex of the area's best restaurants, shopping, arts, culture and outdoor recreation. Conveniently located minutes from two commuter train stations and easy access to 287, 80, 24 and 78! 30 year tax abatement!!

Last Agent to Sell the Property

Debra Glatz

LENNAR Listed on: 04/30/2020

LENNAR

Last Buyer's Agent

OSAMA F TAWFIK

WEICHERT REALTORS CORP HQ

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,151

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 1,786

HOA Fees

  • $294 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Home to be built
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,783 Sq Ft Home
  • Entrance Foyer
  • Great Room with Fireplace
  • Breakfast Room
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Home Security

Outdoor Features

  • Patio

Schools

  • Morristown Middle School
  • Morristown High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2322-10401-0000-00003-0000-C1603
  • Tax Block *

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,151

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$294 per month

Parking

2

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2021
  • Year Built Description: To Be Built, Under Construction
  • County Name: Morris
  • Street Number Display: 61
  • Directions: East Hanover Avenue to Mennen Drive, proceed to 2 Gerhard Place, Morristown
  • I D: 4978241
  • Modified: 2022-02-27
  • Number Images: 3
  • Section Subdiv Development: The Collection by LENNAR
  • First Name: DEBRA A.
  • First Name3: OSAMA F
  • Last Name: GLATZ
  • Last Name3: TAWFIK
  • Office Phone: 300355
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace Description: Great Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector
  • Number Rooms: 7
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Kitchen Area: Breakfast Bar, Center Island
  • Kitchen Dim: 11x12
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Breakfast
  • Other Room1 Dim: 16x30
  • Other Room1 Level: First
  • Other Room 2: Great Room
  • Other Room2 Dim: 16x30
  • Other Room 3: Breakfast
  • Other Room 4: Great Room
  • Level 1 Rooms: Breakfast Room, Great Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Foyer
  • Estimated Sq Ft: 2783
  • Phone: 609-245-2200

Exterior Features

  • Exterior Description: Stone, Vinyl Siding
  • Exterior Features: Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

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

Condo/Co-op/Association

  • Association Maintenance Fee: 294
  • Association Maintenance Fee Frequency: Monthly
  • Home Warranty: Yes

Fee Information

  • Other Fee Freqency: Monthly

Schools

  • Middle School: Morristown
  • High School: Morristown
  • High School: Morristown
  • Middle Jr High School: Morristown

Lot Info

  • Lot Identifier: 3
  • Lot I D Tax: *

Rental Info

  • Pets Allowed: Call

Tax Info

  • Streetname Tax: *
  • Tax Amount: 1151
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-10401-0000-00003-0000-C1603
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.833
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2023
Sold by
Sahmoud Tarek Mahmoud Ahmed and Sahmoud Zahra
Bought by
Sahmoud Tarek Mahmoud Ahme
Current Estimated Value
$977,666

Purchase Details

Closed on
May 16, 2022
Sold by
Lennar Colgate Urban Renewal Development
Bought by
Collection At Morristown Condominium Associat

Purchase Details

Listed on
Apr 30, 2020
Closed on
Feb 25, 2021
Sold by
Lennar Colgate Urban Renewal Dev Llc
Bought by
Sahmoud Tarek Mahmoud Ahmed and Sahmoud Zahra
Seller's Agent
Debra Glatz
LENNAR
Buyer's Agent
OSAMA F TAWFIK
WEICHERT REALTORS CORP HQ
List Price
$699,990
Sold Price
$683,690
Premium/Discount to List
-$16,300
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Source: Public Records

Range of Values:

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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
Sahmoud Tarek Mahmoud Ahme -- None Listed On Document
Collection At Morristown Condominium Associat -- None Listed On Document
Sahmoud Tarek Mahmoud Ahmed $683,690 Lennar Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $683,690 -2.3% $246 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $699,990 -- $252 / 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 -- $727,000 $190,000 $537,000
2024 -- $727,000 $190,000 $537,000
2023 $1,201 $62,800 $62,800 $0
2022 $1,201 $62,800 $62,800 $0
2021 $1,201 $62,800 $62,800 $0
2020 $1,169 $62,800 $62,800 $0
2019 $1,151 $62,800 $62,800 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Debra Glatz

    LENNAR

    (609) 349-8258

    23 in this area

    1,069 Total Sales

    Debra Glatz
    Section Image

  • O

    Buyer's Agent in 2021

    OSAMA F TAWFIK

    WEICHERT REALTORS CORP HQ

See All Agents

Map

Source: Garden State MLS

MLS Number: 3629948

Garden State MLS

APN: 22 10401-0000-00003-0000-C1603

New Jersey Morris County Morristown 07960

61 Gerhard Place, Morristown, NJ

This home is located at 61 Gerhard Place, Morristown, NJ 07960 since 30 April 2020 and is currently estimated at $977,666, approximately $351 per square foot. This property was built in 2021. 61 Gerhard Place is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alfred Vail School.

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