NOT LISTED FOR SALE

7 Wallace St East Hanover, NJ 07936

Estimated Value: $1,027,000 - $1,245,000

4 Beds
4.5 Baths
2,800 Sq Ft
$401/Sq Ft Est. Value

Last Sold January 17, 2017

Last sale price $719,500 $257 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,295/month

49 Days on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • Jetted Tub in Primary Bathroom
  • Central Elementary School Rated A
  • Wood Flooring
  • High Ceiling

About This Home

As of January 2017

This is a must see - Brand New Construction!!! Just finished this October!!! Rare Opportunity to own new construction at an affordable rate in the heart of East Hanover! Custom Kitchen and Hardwood Floors throughout. High-End Appliance Package! Walk out basement with 9ft ceilings! Located on a quit dead end street. Just a short walk away from schools, parks, and shops.

Last Listed By

MALLERIE D. WORLEY

WEICHERT REALTORS CORP HQ Listed on: 11/01/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,480

Year Built

  • Built in 2016 | Under Construction

Lot Details

  • 0.47 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener
  • Private Driveway

Home Design

  • Home to be built
  • Colonial Architecture
  • Aluminum Siding
  • Stone Siding
  • Tile

Interior Spaces

  • 2,800 Sq Ft Home
  • High Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Wood Flooring

Kitchen

  • Eat-In Country Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Unfinished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • French Drain

Home Security

  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Central Elementary School
  • East Hanov Middle School
  • Hanover Pk High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,480

Year Built

Built in 2016 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2016
  • Year Built Description: To Be Built, Under Construction
  • County Name: Morris
  • Street Number Display: 7
  • Directions: Ridgedale Ave to West Ridgedale Ave. Left onto Wallace Street. This will be the 4th home on the right!
  • I D: 4668790
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: MALLERIE
  • First Name3: ANTHONY
  • Last Name: DOUGHERTY
  • Last Name3: ELLIS
  • Office Phone: 973-984-1400
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Gas Fireplace, Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, CookGas, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan
  • Interior Amenities: JacuzTyp, StallShw, Walk-In Closet, Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Number Rooms: 8
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: French Drain, Unfinished, Walkout
  • Basement Level Rooms: Outside Entrance
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Separate Dining Area, Country Kitchen, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Foyer
  • Other Room1 Level: First
  • Other Room 2: Laundry Room
  • Other Room2 Level: Second
  • Other Room3 Level: First
  • Level 1 Rooms: Powder Room, Storage Room, Laundry Room, 4 Or More Bedrooms, Toilet, Bath Main
  • Estimated Sq Ft: 2800
  • Ground Level Rooms: Bath(s) Other, Inside Entrance, Family Room, Kitchen, Outside Entrance, Dining Room, Living Room, Walkout
  • Phone: 973-984-1400

Exterior Features

  • Exterior Description: Aluminum Siding, Stone
  • Exterior Features: Curbs, Storm Window(s)

Garage/Parking

  • Garage Description: Finished Garage, Garage Door Opener, Built-In Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Driveway-Exclusive

Utilities

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

Condo/Co-op/Association

  • Home Warranty: Yes

Schools

  • Elementary School: Central
  • Middle School: East Hanov
  • High School: Hanover PK
  • High School: Hanover PK
  • Middle Jr High School: East Hanov

Lot Info

  • Lot Size: 0.477
  • Easement: Unknown
  • Lot Description: Wooded Lot, Level Lot
  • Lot Identifier: 6.02
  • Total Acres: 0.47

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2016

MLS Schools

  • Grade School: Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2016
Closed on
Jan 17, 2017
Sold by
E H C S Llc
Bought by
Canuto Luis and Moreno Veronica
Seller's Agent
MALLERIE D. WORLEY
WEICHERT REALTORS CORP HQ
Buyer's Agent
Anthony Ellis
HOWARD HANNA RAND REALTY
List Price
$724,900
Sold Price
$719,500
Premium/Discount to List
-$5,400
-0.74%
Total Days on Market
49
Current Estimated Value
$1,122,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,372
Avg. Annual Appreciation
4.97%
Original Mortgage
$479,500
Outstanding Balance
$405,043
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$674,129

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
Canuto Luis $719,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canuto Luis $479,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2017 01/17/17 Sold $719,500 -0.7% $257 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
11/01/2016 11/01/16 For Sale $724,900 -- $259 / 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
2024 $12,480 $500,200 $183,900 $316,300
2023 $12,480 $500,200 $183,900 $316,300
2022 $12,195 $500,200 $183,900 $316,300
2021 $12,195 $500,200 $183,900 $316,300
2020 $11,955 $500,200 $183,900 $316,300
2019 $11,735 $500,200 $183,900 $316,300
2018 $11,380 $500,200 $183,900 $316,300
2017 $6,103 $277,300 $177,300 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3346491

Garden State MLS

APN: 10-00064-0000-00006-02