NOT LISTED FOR SALE

81 Bailey Hollow Rd Morristown, NJ 07960

Estimated Value: $1,152,000 - $1,513,000

4 Beds
3.5 Baths
5,164 Sq Ft
$269/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $979,000 $190 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $9,060/month

74 Days on Market

Highlights

  • Second Kitchen
  • Custom Home
  • Deck
  • Hillcrest School Rated A-
  • 3 Acre Lot
  • Wooded Lot

About This Home

As of November 2020

Custom designed home located on 3 private acres close to the center of Morristown, Transportation includes train and bus to New York City. Uniquely designed, this home includes an adjoining cottage home with full kitchen ideal as a home office, mother/daughter suite, guest home or nanny quarters. Spectacular Great Room, wood burning fireplace, 2 story heatolator, open 2nd floor surrounding library. Architectural features throughout embrace a very open, sun filled design. French doors on 2 sides of the Great Room overlook courtyard gardens with views of sprawling acerage with meticulous landscape. Open well appointed kitchen is a chef's delight. Subzero refrigerator, Viking counter top stove, cook island, Viking ovens, Miele dishwasher, pantry.

Last Agent to Sell the Property

Sherry Squires

PREFERRED RESIDENTAL&COMMERCIAL Listed on: 07/23/2020

Last Buyer's Agent

Jessica Exley

WEICHERT REALTORS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,800

Year Built

  • Built in 1989

Lot Details

  • 3 Acre Lot
  • Privacy Fence
  • Level Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 3 Car Direct Access Garage
  • Inside Entrance
  • Garage Door Opener
  • Circular Driveway
  • Stone Driveway
  • Additional Parking

Home Design

  • Custom Home
  • Carriage House
  • Rubber Roof

Interior Spaces

  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Heatilator
  • Shades
  • Drapes & Rods
  • Blinds
  • Great Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Library
  • Storage Room
  • Utility Room
  • Home Gym

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Butlers Pantry
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Jetted Tub in Primary Bathroom
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Front Basement Entry
  • Sump Pump
  • French Drain

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Hillcrest Elementary School
  • Frelghuysn Middle School
  • Morristown High School

Utilities

  • Private Water Source
  • Well
  • Gas Water Heater
  • Water Softener Leased

Listing and Financial Details

  • Assessor Parcel Number 2322-04701-0000-00009-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,800

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Style: Custom Home, Carriage House
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1989
  • Year Built Description: Approximate
  • County Name: Morris
  • Exclusions: Dining Room Fixture
  • Street Number Display: 81
  • Directions: 202 Mt. Kemble Avenue to Bailey Hollow or Jockey Hollow / Western to Bailey Hollow Road
  • I D: 5001587
  • Modified: 2021-11-17
  • Number Images: 21
  • First Name: SHERRY M.
  • First Name3: JESSICA
  • Last Name: SQUIRES
  • Last Name3: EXLEY
  • Office Phone: (201) 862-0862
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Great Room, Heatolator, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Dryer, Generator-Built-In, Refrigerator, Sump Pump, OvnWGas, Washer, Water Softener-Rnt
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Cathedral Ceiling, Drapes, JacuzTyp, Security System, Shades, Skylight, Smoke Detector, StallShw, Steam, Walk-In Closet
  • Number Rooms: 10
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Primary Bathroom Features: Jetted Tub, Stall Shower, Steam
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: French Drain, Full, Unfinished
  • Basement Level Rooms: Exercise Room, Storage Room, Utility Room
  • Dining Room Level: First
  • In Law Suite: Yes
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry, Second Kitchen, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Other Level Rooms: GarEnter
  • Level 1 Rooms: 1 Bedroom, Bath Main, Breakfast Room, Dining Room, Entrance Vestibule, GarEnter, Great Room, Kitchen, Laundry Room, Living Room, Pantry, Porch, Powder Room, Toilet, Walkout
  • Level 2 Rooms: 3 Bedrooms, Bath(s) Other, Library
  • Phone: 201-862-0862

Exterior Features

  • Exterior Features: Carriage House, Deck, Open Porch(es), Patio, Privacy Fence, Underground Lawn Sprinkler
  • Roof Description: Rubberized

Garage/Parking

  • Garage Description: Attached Garage, Finished Garage, Garage Door Opener, InEntrnc
  • Number Garage Spaces: 3
  • Parking Driveway Description: Additional Parking, Circular, Crushed Stone

Utilities

  • Cooling: 4 Units
  • Fuel Type: Gas-Natural
  • Heating: 4 Units
  • Sewer: Private, Septic 4 Bedroom Town Verified
  • Water: Private, Well
  • Water Heater: Gas

Schools

  • Elementary School: Hillcrest
  • Middle School: Frelghuysn
  • High School: Morristown
  • High School: Morristown
  • Middle Jr High School: Frelghuysn

Lot Info

  • Lot Size: 3.0 AC
  • Assessed Improvement Value: 611100
  • Assessed Land Value: 360000
  • Assessment: 971100
  • Lot Description: Level Lot, Wooded Lot
  • Lot Identifier: 9
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 3.00

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 17800
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-04701-0000-00009-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.833
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Hillcrest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Nov 16, 2020
Sold by
Wishner Caren Rose
Bought by
Exley Ross and Exley Jessica
Seller's Agent
Sherry Squires
PREFERRED RESIDENTAL&COMMERCIAL
Buyer's Agent
Jessica Exley
WEICHERT REALTORS
List Price
$949,000
Sold Price
$979,000
Premium/Discount to List
$30,000
3.16%
Current Estimated Value
$1,389,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,381
Avg. Annual Appreciation
6.40%
Original Mortgage
$742,779
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2006
Sold by
Gannet Leonard
Bought by
Wishner Caren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2001
Sold by
Gannet Leonard J and Wishner Caren Rose
Bought by
Gannet Leonard J and Wishner Caren Rose

Purchase Details

Closed on
Nov 5, 1998
Sold by
Gannet Leonard J
Bought by
Gannet Leonard J and Wishner Caren Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.13%

Purchase Details

Closed on
Sep 18, 1996
Sold by
Lucas Arganey L and Lucas Margaret
Bought by
Gannet Leonard J
Source: Public Records

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
Exley Ross $955,602 Land Quest Title Llc
Wishner Caren -- --
Gannet Leonard J -- Chicago Title Insurance Co
Gannet Leonard J $340,000 Chicago Title Insurance Co
Gannet Leonard J $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Exley Ross $742,779
Previous Owner Wishner Caren Rose $550,000
Previous Owner Gannet Leonard J $490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $979,000 +3.2% $190 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $949,000 0.0% $184 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $949,000 -- $184 / 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 $18,064 $902,300 $360,000 $542,300
2024 $18,091 $902,300 $360,000 $542,300
2023 $18,091 $902,300 $360,000 $542,300
2022 $18,567 $902,300 $360,000 $542,300
2021 $18,567 $971,100 $360,000 $611,100
2020 $18,082 $971,100 $360,000 $611,100
2019 $17,800 $971,100 $360,000 $611,100
2018 $17,606 $971,100 $360,000 $611,100
2017 $17,490 $971,100 $360,000 $611,100
2016 $17,218 $971,100 $360,000 $611,100
2015 $18,777 $740,400 $238,000 $502,400
2014 $18,532 $740,400 $238,000 $502,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3650810

Garden State MLS

APN: 22-04701-0000-00009