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11 Elder Drive

11 Elder Drive, Morristown, NJ 07960
Property in Morris
Sold Sep 16, 2003
$356,000
Buyer
Seller
$266,000 by Weichert Financial Services
Mortgage Due Oct 01, 2027
Sold Aug 09, 1999
$232,000
$185,600 by Columbia Svgs Bank
Mortgage Due Aug 01, 2029
11 Elder Drive in Morristown, NJ was first built in 1952 and is 72 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 11 Elder Drive has 1,922 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 780 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 9,017 square feet.

Learn more about the property and building on this page. There is a patio. The roof of the home is made of shingle (not wood). Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. As for heating, the home is utilizing baseboard heaters. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 11 Elder Drive was last sold in Jul 30, 2003 for $356,000. According to our calculations, that's $185.22 per sqft. Prior to that sales transaction, the property was sold for $232,000 in Jul 28, 1999. Current property owners are expected to pay $7,673 in taxes per year. The property on 11 Elder Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $382,700. To break that down further, the land itself was valued at $210,400. While improvements to the property were assessed at a total of $172,300. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 780
  • Garage Type: Garage
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 9,017
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,922
  • Building Area: 1,922
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,922
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RIVERA MARY
  • Previous Owner : OWENS BRIAN
  • Owner Before Previous Owner: JOHNSON WILLIAM C
  • Owner Before Previous Owner 2: JOHNSON ANN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Morris Township School District
  • Census Tract: 043401

Zoning

  • Zoning: RA15

Geography

  • District: 22
  • Parcel: 22 00207-0000-00006
  • Block: 207
  • Lot: 6
  • Municipality: MORRIS TWP
  • Latitude: 40.822
  • Longitude: -74.4953

    Address

  • Full Address: 11 Elder Dr
  • Address - House Number: 11
  • Address - Street Name: Elder
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Morristown
  • Carrier Code: C043
  • 4-Digit Zip Code: 2805
  • Zip Code: 07960

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,673

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 617,355
  • High Value: 713,792
  • Low Value: 520,919

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $301,600
  • First Open Lien Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Sep 25, 2012
  • First Open Lien Mortgage Loan Amount: $266,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2027
  • Second Open Lien Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • Second Open Lien Mortgage Recording Date: Sep 21, 2012
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $35,600
  • Second Open Lien Mortgage Term: 190
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 11, 2028

    Market Valuation

  • Market Total Value: $426,692
  • Market Land Value: $234,586
  • Market Improvement Value: $192,106

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $382,700
  • Assessed Land Value: $210,400
  • Assessed Improvements Value: $172,300

    Sales

  • Current Sale Contract Date: Jul 30, 2003
  • Current Sale Recording Date: Sep 16, 2003
  • Current Sale Transaction ID: 1192427994
  • Current Sale Price: $356,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Aug 09, 1999
  • Previous Sale Contract Date: Jul 28, 1999
  • Previous Sale Amount: $232,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WEICHERT FINANCIAL
  • First Mortgage Transaction Date: Sep 16, 2003
  • First Mortgage Loan Amount: $285,200
  • First Mortgage Terms: 360

    Previous Mortgages

  • Previous Mortgage Lender: COLUMBIA SVGS BANK
  • Previous Mortgage Transaction Date: Aug 09, 1999
  • Previous Mortgage Loan Amount: $185,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Aug 01, 2029

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Frequently Asked Questions

What neighborhood is 11 Elder Drive located in?
The 11 Elder Drive is a located in the neighborhood of Morris in Morris, Morristown.
What is the average sales price for listings in 11 Elder Drive?
The average sales price for units in 11 Elder Drive is $0 currently.

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