NOT LISTED FOR SALE

85 Fairmount Ave Morristown, NJ 07960

Estimated Value: $698,000 - $789,000

3 Beds
2 Baths
1,391 Sq Ft
$546/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $638,000 $459 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,705/month

24 Days on Market

Highlights

  • Recreation Room
  • Wooded Lot
  • Wood Flooring
  • Hillcrest School Rated A-
  • Ranch Style House
  • Mud Room

About This Home

As of July 2022

Beautiful 3 bedroom 2 bath Ranch located minutes from Downtown Morristown. Newer baths and kitchen. Living room with wood burning fireplace, hardwood floors throughout. Access paver patio from kitchen and master bedroom. Sizable lush level lot backs to protected woods. Large partially finished basement (1070 sq ft) with high ceilings is the perfect bonus space for a family room / rec room. New hot water heater (2022), new furnace (2022), new central AC (2021), roof (2020). Oversized 2 car garage. Steps from Jones Woods and Green Strip Trails. Close to shopping, major highways and NJ Direct Trains.

Last Agent to Sell the Property

YINNA CHIH

WEICHERT REALTORS Listed on: 05/05/2022

Last Buyer's Agent

Ryan Bruen

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,744

Year Built

  • Built in 1950

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Mud Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • French Drain

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • A.Hamilton Elementary School
  • Frelghuysn Middle School
  • Morristown High School

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2322-03806-0000-00001-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,744

Year Built

Built in 1950

Lot Details

0.34 Acres

Parking

2

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Approximate
  • County Name: Morris
  • Directions: Washington Street ( Rt 24 ) to Burnham Parkway to East Lake Blvd to Fairmount Ave
  • I D: 5145244
  • Section Subdiv Development: Burnham Park
  • First Name: YINNA
  • First Name3: RYAN
  • Last Name: CHIH
  • Last Name3: BRUEN
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Flooring: Tile, Vinyl-Linoleum, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Cedar Closets, Smoke Detector, StallShw
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially, French Drain, Full
  • Basement Level Rooms: Laundry Room, Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 13x11
  • Kitchen Level: First
  • Living Room Dim: 19x14
  • Living Room Level: First
  • Other Room1 Dim: 13x7
  • Other Room1 Level: First
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Dining Room, GarEnter, Kitchen, Living Room, MudRoom

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Patio, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Electric, Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 0.34 AC
  • Easement: Unknown
  • Lot Description: Backs to Park Land, Level Lot, Wooded Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.34
  • Zoning: RES

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7744
  • Assessor Parcel Number: 2322-03806-0000-00001-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.912
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: A.Hamilton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jul 21, 2022
Sold by
Gary Hwang
Bought by
Ortega Jacinto Gabino Corte and Cortez Rosemary
Seller's Agent
YINNA CHIH
WEICHERT REALTORS
Buyer's Agent
Ryan Bruen
COLDWELL BANKER REALTY
List Price
$625,000
Sold Price
$638,000
Premium/Discount to List
$13,000
2.08%
Current Estimated Value
$759,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,912
Avg. Annual Appreciation
4.89%
Original Mortgage
$510,400
Outstanding Balance
$488,478
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$271,434

Purchase Details

Listed on
Nov 20, 2015
Closed on
Nov 20, 2015
Sold by
Maier Susan Ruth
Bought by
Hwang Gary
Seller's Agent
DEBORAH BRUEN
COLDWELL BANKER REALTY
Buyer's Agent
YINNA CHIH
WEICHERT REALTORS
Sold Price
$428,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$385,000
Interest Rate
3.83%
Mortgage Type
New Conventional
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
Ortega Jacinto Gabino Corte $638,000 Atlantic Title & Settlement
Ortega Jacinto Gabino Corte $638,000 Atlantic Title & Settlement
Hwang Gary $428,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortega Jacinto Gabino Corte $510,400
Closed Ortega Jacinto Gabino Corte $510,400
Previous Owner Hwang Gary $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2022 07/22/22 Sold $638,000 +2.1% $459 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $625,000 +46.0% $449 / Sq Ft
11/20/2015 11/20/15 Sold $428,000 -- $308 / Sq Ft View Prior Sale
Source: Garden State MLS

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 $8,490 $424,100 $236,600 $187,500
2024 $8,503 $424,100 $236,600 $187,500
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2022

    YINNA CHIH

    WEICHERT REALTORS

  • Ryan Bruen

    Buyer's Agent in 2022

    Ryan Bruen

    COLDWELL BANKER REALTY

    (973) 294-8887

    85 in this area

    180 Total Sales

    Ryan Bruen
    Section Image

  • D

    Seller's Agent in 2015

    DEBORAH BRUEN

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3780083

Garden State MLS

APN: 22-03806-0000-00001

New Jersey Morris County Morristown 07960

85 Fairmount Ave, Morristown, NJ

Not Listed for Sale

Detached

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