NOT LISTED FOR SALE

7 Martin Place Chatham, NJ 07928

Estimated Value: $2,164,000 - $2,342,340

6 Beds
4.5 Baths
4,371 Sq Ft
$519/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $1,500,000 $343 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $14,091/month

119 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Living Room with Fireplace
  • Wood Flooring
  • Chatham High School Rated A+
  • Recreation Room
  • Victorian Architecture

About This Home

As of August 2016

Magnificently restored 1840s classic boasting original period details at every turn along with finest in modern upgrades. 6 Bedrooms, 4.5 baths with hardwood floors and soaring ceiling throughout. Gourmet kitchen with granite counters and center island, formal dining room with original antique chandelier, large living room with fireplace, family room with 3 windowed walls and access to magnificent mahogany floored wrap-around porch. Don't miss this home - a testament of timeless beauty renovated to sheer perfection.

Last Agent to Sell the Property

SUSAN ADLER

KELLER WILLIAMS REALTY Listed on: 03/09/2016

Last Buyer's Agent

BARBARA HARRISON

LOIS SCHNEIDER REALTOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,546

Year Built

  • Built in 1840 | Remodeled

Lot Details

  • 0.32 Acre Lot
  • Privacy Fence
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Additional Parking

Home Design

  • Victorian Architecture
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • Dry Bar
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Utility Room
  • Finished Basement
  • Sump Pump

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

  • Chatham Middle School
  • Chatham High School

Utilities

  • Zoned Heating and Cooling
  • Radiator
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2304-00080-0000-00005-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,546

Year Built

Built in 1840 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Victorian
  • Primary Style: Victorian
  • Subproperty Type: Single Family
  • Year Built: 1840
  • Year Built Description: Approximate, Renovated
  • County Name: Morris
  • Directions: Main St. to Dunbar to Martin Pl
  • I D: 4599088
  • Section Subdiv Development: Manor
  • First Name: SUSAN
  • First Name3: BARBARA
  • Last Name: ADLER
  • Last Name3: HARRISON
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2000

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 2
  • Appliances: Range/Oven-Gas, Refrigerator, OvnWGas, Washer, Dishwasher, Disposal, Dryer, Sump Pump
  • Interior Amenities: Bar-Dry, Walk-In Closet, Security System, High Ceilings, Skylight
  • Bedrooms: 6
  • Master Bedroom Desc: Sitting Room, Full Bath
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Bath(s) Other, Storage Room, Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island, Separate Dining Area, Pantry, Eat-In Kitchen
  • Kitchen Dim: 13x21
  • Kitchen Level: First
  • Living Room Dim: 15x21
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 14x16
  • Other Room1 Level: Third
  • Other Room 2: Bedroom
  • Other Room2 Dim: 13x15
  • Other Room2 Level: Third
  • Other Room 3: Bedroom
  • Other Room3 Dim: 11x14
  • Other Room3 Level: Third
  • Other Room 4: Rec Room
  • Other Room4 Dim: 31x20
  • Other Room4 Level: Basement
  • Level 1 Rooms: Porch, Family Room, Kitchen, Powder Room, Foyer, Den, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: Bath(s) Other, 2 Bedrooms, Storage Room, Office
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Open Porch(es), Sidewalk, Patio, Privacy Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Loft Storage, Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: Ceiling Fan, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • High School: Chatham
  • Middle Jr High School: Chatham

Lot Info

  • Lot Size: 125X113
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.32
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 25546
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2304-00080-0000-00005-0000-
  • Tax Rate Amount: 1.911
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2016
Closed on
Jul 21, 2016
Sold by
Richards David L and Richards Miwa
Bought by
Magrane John Scott and Magrane Lynn D
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
BARBARA HARRISON
LOIS SCHNEIDER REALTOR
List Price
$1,795,000
Sold Price
$1,500,000
Premium/Discount to List
-$295,000
-16.43%
Current Estimated Value
$2,267,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$767,780
Avg. Annual Appreciation
4.53%

Purchase Details

Closed on
Jul 19, 2005
Sold by
Martini Christina
Bought by
Richards David and Richards Miwa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.44%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 11, 2005
Sold by
Martini Philip M
Bought by
Martini Christina A

Purchase Details

Closed on
Aug 31, 1999
Sold by
Marion Paul B and Marion Nancy S
Bought by
Martini Philip M and Martini Christina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.65%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Magrane John Scott $1,500,000 None Available
Richards David $1,900,000 --
Martini Christina A -- --
Martini Philip M $650,000 Old Republic Natl Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richards David $1,100,000
Previous Owner Martini Philip M $65,000
Previous Owner Martini Philip M $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2016 08/15/16 Sold $1,500,000 -16.4% $343 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $1,795,000 -- $411 / 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 $26,369 $1,628,700 $686,300 $942,400
2024 $25,310 $1,628,700 $686,300 $942,400
2023 $25,310 $1,628,700 $686,300 $942,400
2022 $28,567 $1,336,800 $479,600 $857,200
2021 $28,567 $1,336,800 $479,600 $857,200
2020 $28,327 $1,336,800 $479,600 $857,200
2019 $28,126 $1,336,800 $479,600 $857,200
2018 $27,338 $1,336,800 $479,600 $857,200
2017 $26,549 $1,336,800 $479,600 $857,200
2016 $25,854 $1,336,800 $479,600 $857,200
2015 $25,546 $1,336,800 $479,600 $857,200
2014 $25,359 $1,336,800 $479,600 $857,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    SUSAN ADLER

    KELLER WILLIAMS REALTY

  • B

    Buyer's Agent in 2016

    BARBARA HARRISON

    LOIS SCHNEIDER REALTOR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3288075

Garden State MLS

APN: 04-00080-0000-00005

New Jersey Morris County Chatham 07928

7 Martin Place, Chatham, NJ

Not Listed for Sale

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