NOT LISTED FOR SALE

74 Mount Kemble Ave Unit 2 Morristown, NJ 07960

Estimated Value: $779,000 - $945,696

-- Bed
3 Baths
-- Sq Ft
0.26 Acres

Last Sold March 01, 2023

Last sale price $621,500

Est. 32% increase in value since last sale

Current estimated payment $5,157/month

13 Days on Market

About This Home

As of March 2023

This home is located at 74 Mount Kemble Ave Unit 2, Morristown, NJ 07960 since 07 January 2023 and is currently estimated at $822,924. This property was built in 1911. 74 Mount Kemble Ave Unit 2 is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

Last Agent to Sell the Property

MICHAEL PENNISI

COLDWELL BANKER REALTY Brokerage Phone: 973-378-8300 Listed on: 01/07/2023

Last Buyer's Agent

Michael Giacalone

RE/MAX HOUSE VALUES

RE/MAX HOUSE VALUES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,530

Year Built

  • Built in 1911

Lot Details

  • 0.26 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,530

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Year Built: 1911
  • County Name: Morris
  • Street Number Display: 74
  • I D: 5197206
  • Modified: 2024-03-02
  • Number Images: 1
  • Attribution Contact: 973-378-8300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 11316 SF
  • Total Acres: 0.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2023
Closed on
Feb 27, 2023
Sold by
F & M Property Llc
Bought by
Kraus Nicholas J and Kraus Michelle L
Seller's Agent
MICHAEL PENNISI
COLDWELL BANKER REALTY
Buyer's Agent
Michael Giacalone
RE/MAX HOUSE VALUES
List Price
$650,000
Sold Price
$621,500
Premium/Discount to List
-$28,500
-4.38%
Views
127
Current Estimated Value
$822,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,424
Avg. Annual Appreciation
4.89%
Original Mortgage
$466,125
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2017
Sold by
Ferrara Stephen and Maier Douglas E
Bought by
F M Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.78%

Purchase Details

Closed on
Sep 14, 2011
Sold by
Nolan Daniel J and Nolan Margaret S
Bought by
Maier Douglas E and Ferrara Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2006
Sold by
Armstrong Sandra L
Bought by
Nolan Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 26, 2003
Sold by
Santos Vivian
Bought by
Armstrong John and Armstrong Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
5.86%

Purchase Details

Closed on
Apr 14, 1998
Sold by
Arnold Sharon and Warren George
Bought by
Almonte Fulmin and Delossantos Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,311
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 1995
Sold by
Berthoud James
Bought by
Arnold Sharon and Warren George

Purchase Details

Closed on
Sep 5, 1995
Sold by
Berthoud Sandra
Bought by
Berthoud James
Source: Public Records

Range of Values:

Collateral Analytics

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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
Kraus Nicholas J $621,500 Allied Title
F M Property Llc $147,208 --
Maier Douglas E $275,000 Multiple
Nolan Daniel J $520,000 --
Armstrong John $342,000 --
Almonte Fulmin $215,000 --
Arnold Sharon $165,000 --
Berthoud James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kraus Nicholas J $466,125
Previous Owner F M Property Llc --
Previous Owner Maier Douglas E $175,000
Previous Owner Nolan Daniel J $78,000
Previous Owner Nolan Daniel J $416,000
Previous Owner Armstrong John $253,000
Previous Owner Almonte Fulmin $207,311
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $621,500 -4.4% --
01/20/2023 01/20/23 Pending -- -- --
01/07/2023 01/07/23 For Sale $650,000 -- --
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 $9,530 $605,100 $247,800 $357,300
2024 $9,959 $605,100 $247,800 $357,300
2023 $9,959 $342,700 $182,400 $160,300
2022 $9,842 $342,700 $182,400 $160,300
2021 $9,842 $342,700 $182,400 $160,300
2020 $9,880 $342,700 $182,400 $160,300
2019 $9,877 $342,700 $182,400 $160,300
2018 $9,750 $342,700 $182,400 $160,300
2017 $9,459 $342,700 $182,400 $160,300
2016 $9,215 $342,700 $182,400 $160,300
2015 $8,996 $342,700 $182,400 $160,300
2014 $8,896 $342,700 $182,400 $160,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    MICHAEL PENNISI

    COLDWELL BANKER REALTY

  • Michael Giacalone

    Buyer's Agent in 2023

    Michael Giacalone

    RE/MAX

    (201) 874-4918

    8 in this area

    87 Total Sales

    Michael Giacalone
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3823450

Garden State MLS

APN: 24-08601-0000-00019

New Jersey Morris County Morristown 07960

74 Mount Kemble Ave Unit 2, Morristown, NJ

This home is located at 74 Mount Kemble Ave Unit 2, Morristown, NJ 07960 since 07 January 2023 and is currently estimated at $822,924. This property was built in 1911. 74 Mount Kemble Ave Unit 2 is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

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