NOT LISTED FOR SALE

7 Gloucester Place Morristown, NJ 07960

Estimated Value: $796,385 - $914,000

3 Beds
2 Baths
1,806 Sq Ft
$466/Sq Ft Est. Value

Last Sold August 20, 2017

Last sale price $519,000 $287 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,355/month

2 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Hillcrest School Rated A-
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of August 2017

This home is located at 7 Gloucester Place, Morristown, NJ 07960 since 18 August 2017 and is currently estimated at $842,096, approximately $466 per square foot. 7 Gloucester Place is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Sussex Avenue School.

Last Agent to Sell the Property

Liane Dobson

KL SOTHEBY'S INT'L. REALTY Listed on: 08/18/2017

Last Buyer's Agent

Cathy Oettinger

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,237

Year Renovated

  • 2012

Lot Details

  • 0.76 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Wood Shingle Roof

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Unfinished Basement
  • Sump Pump
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Morristown High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2322-01405-0000-00015-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,237

Year Renovated

2012

Lot Details

0

Parking

2

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built Description: Approximate
  • County Name: Morris
  • Renovated Year: 2012
  • Street Number Display: 7
  • Directions: Sussex to Gloucester
  • I D: 4740344
  • Modified: 2018-08-21
  • Number Images: 1
  • Section Subdiv Development: Butterworth
  • First Name: LIANE
  • First Name3: CATHY A.
  • Last Name: DOBSON
  • Last Name3: OETTINGER
  • Office Phone: 908-696-8600
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2012

Interior Features

  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, OvnWElec, Refrigerator, CookGas, Dishwasher, Microwave Oven, Sump Pump
  • Number Rooms: 6
  • Bedrooms: 3
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Kitchen Area: Eat-In Kitchen
  • Phone: 908-696-8600

Exterior Features

  • Exterior Description: Wood Shingle
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Ceiling Fan, 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

  • High School: Morristown
  • High School: Morristown

Lot Info

  • Lot Size: 0.76 AC
  • Assessed Improvement Value: 176600
  • Assessed Land Value: 288000
  • Assessment: 464600
  • Easement: Unknown
  • Lot Identifier: 15
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.76
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8237
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-01405-0000-00015-0000-
  • Tax Rate Amount: 1.773
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
Aug 17, 2017
Sold by
Vazquez David and Swanson Brandy
Bought by
Ambrosini James and Ambrosini Gaylene
Seller's Agent
Liane Dobson
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Cathy Oettinger
COLDWELL BANKER REALTY
List Price
$525,000
Sold Price
$519,000
Premium/Discount to List
-$6,000
-1.14%
Current Estimated Value
$842,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,096
Avg. Annual Appreciation
6.22%
Original Mortgage
$320,000
Outstanding Balance
$263,328
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$578,768

Purchase Details

Closed on
Dec 13, 2011
Sold by
Bumiller Roy E
Bought by
Vazquez David and Swanson Brandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,600
Interest Rate
4.01%
Mortgage Type
New Conventional
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
Ambrosini James $519,000 Nrt Title Agency Llc
Vazquez David $392,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ambrosini James $320,000
Previous Owner Vazquez David $313,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2017 08/20/17 Sold $519,000 -1.1% $287 / Sq Ft
08/20/2017 08/20/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $525,000 -- $291 / 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 $9,301 $464,600 $288,000 $176,600
2024 $9,315 $464,600 $288,000 $176,600
2023 $9,315 $464,600 $288,000 $176,600
2022 $8,883 $464,600 $288,000 $176,600
2021 $8,883 $464,600 $288,000 $176,600
2020 $8,651 $464,600 $288,000 $176,600
2019 $8,516 $464,600 $288,000 $176,600
2018 $8,423 $464,600 $288,000 $176,600
2017 $8,367 $464,600 $288,000 $176,600
2016 $8,237 $464,600 $288,000 $176,600
2015 $8,341 $328,900 $191,400 $137,500
2014 $8,232 $328,900 $191,400 $137,500
Source: Public Records

Agents Affiliated with this Home

  • Liane Dobson

    Seller's Agent in 2017

    Liane Dobson

    KL SOTHEBY'S INT'L. REALTY

    (973) 476-3485

    11 in this area

    95 Total Sales

    Liane Dobson
    Section Image
  • Cathy Oettinger

    Buyer's Agent in 2017

    Cathy Oettinger

    COLDWELL BANKER REALTY

    (973) 879-5553

    28 in this area

    58 Total Sales

    Cathy Oettinger
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3412527

Garden State MLS

APN: 22-01405-0000-00015

New Jersey Morris County Morristown 07960

7 Gloucester Place, Morristown, NJ

This home is located at 7 Gloucester Place, Morristown, NJ 07960 since 18 August 2017 and is currently estimated at $842,096, approximately $466 per square foot. 7 Gloucester Place is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Sussex Avenue School.

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