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14 Highland Avenue

14 Highland Avenue, Chatham, NJ 07928
House in Morris
Sold Jul 20, 2018
$1,765,000
$1,059,000 by Morgan Stanley Private Bank Na
Mortgage Due Aug 01, 2048
Sold Jul 21, 2004
$2,102,000
Local assessors in Chatham, NJ have categorized 14 Highland Avenue as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 22,002 square feet. The linear feet between the front and back of the lot was measured at 2,200 ft and the front of the lot was measured at 1,000 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 14 Highland Avenue has a total of 3,517 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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, 14 Highland Avenue was last sold in Jul 12, 2018 for $1,765,000. According to our calculations, that's $501.85 per sqft. Prior to that sales transaction, the property was sold for $2,102,000 in Jun 9, 2004. Current property owners are expected to pay $34,589 in taxes per year. The property on 14 Highland Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,225,800. To break that down further, the land itself was valued at $839,800. While improvements to the property were assessed at a total of $1,386,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 22,002
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,517
  • Building Area: 3,517
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,517
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.505
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LEE CHRISTOPHER R
  • Current Owner 2: SUNG JULIE Y
  • Previous Owner : MCSWEENEY MICHAEL B
  • Previous Owner 2: MCSWEENEY SHAWN C
  • Owner Before Previous Owner: VARGA BIAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: The Chathams School District
  • Census Tract: 042800

Zoning

  • Zoning: R-1

Geography

  • Account Number: 10100005
  • District: 04
  • Parcel: 04 00006-0000-00015
  • Block: 6
  • Lot: 15
  • Municipality: CHATHAM BORO
  • Latitude: 40.7299
  • Longitude: -74.394

    Address

  • Full Address: 14 Highland Ave
  • Address - House Number: 14
  • Address - Street Name: Highland
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Chatham
  • Carrier Code: C013
  • 4-Digit Zip Code: 2916
  • Zip Code: 07928

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $34,589

    Appraisal Valuation

  • Standard Deviation: 0.1686
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 2,010,626
  • High Value: 2,349,702
  • Low Value: 1,671,549

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,059,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 20, 2018
  • First Open Lien Mortgage Loan Amount: $1,059,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2048

    Market Valuation

  • Market Total Value: $2,072,825
  • Market Land Value: $782,082
  • Market Improvement Value: $1,290,743

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,225,800
  • Assessed Land Value: $839,800
  • Assessed Improvements Value: $1,386,000

    Sales

  • Current Sale Contract Date: Jul 12, 2018
  • Current Sale Recording Date: Jul 20, 2018
  • Current Sale Transaction ID: 11485265753
  • Current Sale Price: $1,765,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018040497
  • Previous Sale Recording Date: Jul 21, 2004
  • Previous Sale Contract Date: Jun 09, 2004
  • Previous Sale Amount: $2,102,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: Jul 20, 2018
  • First Mortgage Loan Amount: $1,059,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2048

About Chatham



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Frequently Asked Questions

What neighborhood is 14 Highland Avenue located in?
The 14 Highland Avenue is a house located in the neighborhood of Morris in Chatham, Chatham.
What is the average sales price for listings in 14 Highland Avenue?
The average sales price for units in 14 Highland Avenue is $2,249,000 currently.

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