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14 Rosemary Court

14 Rosemary Court, Florham Park, NJ 07932
Property in Morris
Sold May 20, 2022
$400,000
$380,000 by Kearny Bank
Mortgage Due May 01, 2052
Sold Feb 26, 2016
$175,000
14 Rosemary Court has been categorized by the local assessors in Florham Park, NJ as a residential type of property. The building on the property was first built in 1978 and is 46 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 14 Rosemary Court has 940 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 917 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 14 Rosemary Court sold most recently in Apr 20, 2022 for a total of $400,000. If you work out the math, that's approximately a cost of $425.53 per sqft. Before that, the property was also sold for $175,000 in Feb 11, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,992 in taxes each year. 14 Rosemary Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $312,400. If we break it down further, the land itself was valued at $176,000. Improvements to the property, however, were assessed at a total of $136,400. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 917
  • Total Building Area: 940
  • Building Area: 940
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 940
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.021
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KAPP WILLIAM C
  • Previous Owner : BERNADETTE CLINTON SUSSMAN
  • Owner Before Previous Owner: NANN JAMES T
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Florham Park Borough School District
  • Census Tract: 042602

Zoning

  • Zoning: R44

Geography

  • District: 11
  • Parcel: 11 03901-0000-00001- 193
  • Block: 3901
  • Lot: 1.193
  • Municipality: FLORHAM PARK BORO
  • Latitude: 40.7613
  • Longitude: -74.3911

    Address

  • Full Address: 14 Rosemary Ct
  • Address - House Number: 14
  • Address - Street Name: Rosemary
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Florham Park
  • Carrier Code: C021
  • 4-Digit Zip Code: 2844
  • Zip Code: 07932

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,992

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 462,042
  • High Value: 546,272
  • Low Value: 377,812

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: KEARNY BANK
  • First Open Lien Mortgage Recording Date: May 20, 2022
  • First Open Lien Mortgage Loan Amount: $380,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $330,722
  • Market Land Value: $186,322
  • Market Improvement Value: $144,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,400
  • Assessed Land Value: $176,000
  • Assessed Improvements Value: $136,400

    Sales

  • Current Sale Contract Date: Apr 20, 2022
  • Current Sale Recording Date: May 20, 2022
  • Current Sale Transaction ID: 11888472517
  • Current Sale Price: $400,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 35708
  • Previous Sale Recording Date: Feb 26, 2016
  • Previous Sale Contract Date: Feb 11, 2016
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEARNY BANK
  • First Mortgage Transaction Date: May 20, 2022
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

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Frequently Asked Questions

What neighborhood is 14 Rosemary Court located in?
The 14 Rosemary Court is a located in the neighborhood of Morris in Florham Park, Florham Park.
What is the average sales price for listings in 14 Rosemary Court?
The average sales price for units in 14 Rosemary Court is $0 currently.

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