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2 North Gate Road

2 North Gate Road, Mendham, NJ 07945
House in Morris
Sold Mar 16, 2021
$899,000
$899,000 by Morgan Stanley Private Bank Na
Mortgage Due Jan 01, 2051
Sold Jul 26, 2017
$985,000
$886,500 by Loandepot.com Llc
Mortgage Due Aug 01, 2047
Local assessors in Mendham, NJ have categorized 2 North Gate Road as a residential type of property. The home was built in 1971 and is 53 years old. The property's lot size has been calculated to be 217,800 square feet. If we look only at the heated or air conditioned part of the building, then 2 North Gate Road has a total of 3,624 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. 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, 2 North Gate Road was last sold in Dec 21, 2020 for $899,000. According to our calculations, that's $248.07 per sqft. Prior to that sales transaction, the property was sold for $985,000 in Jun 27, 2017. Current property owners are expected to pay $19,459 in taxes per year. The property on 2 North Gate Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $931,500. To break that down further, the land itself was valued at $402,500. While improvements to the property were assessed at a total of $529,000. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Brick Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 3,624
  • Building Area: 3,624
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,624
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 5
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ROSS RYAN P
  • Current Owner 2: JOHNSON MEGHAN E
  • Previous Owner : FIELDING MATTHEW DENNIS
  • Previous Owner 2: VALENTINE STACEY M
  • Owner Before Previous Owner: KAUPP JENNIFER L
  • Owner Before Previous Owner 2: KAUPP CLEMENT N
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: West Morris Regional School District
  • Census Tract: 045804

Zoning

  • Zoning: R-5

Geography

  • District: 19
  • Parcel: 19 00111-0000-00018
  • Block: 111
  • Lot: 18
  • Municipality: MENDHAM TWP
  • Latitude: 40.7797
  • Longitude: -74.6362

    Address

  • Full Address: 2 N Gate Rd
  • Address - House Number: 2
  • Street Direction: N
  • Address - Street Name: Gate
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Mendham
  • Carrier Code: R002
  • 4-Digit Zip Code: 3105
  • Zip Code: 07945

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $19,459

    Appraisal Valuation

  • Standard Deviation: 0.1667
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 1,162,513
  • High Value: 1,356,337
  • Low Value: 968,690

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $899,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Mar 16, 2021
  • First Open Lien Mortgage Loan Amount: $899,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $960,211
  • Market Land Value: $414,906
  • Market Improvement Value: $545,305

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $931,500
  • Assessed Land Value: $402,500
  • Assessed Improvements Value: $529,000

    Sales

  • Current Sale Contract Date: Dec 21, 2020
  • Current Sale Recording Date: Mar 16, 2021
  • Current Sale Transaction ID: 11827727786
  • Current Sale Price: $899,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021025532
  • Previous Sale Recording Date: Jul 26, 2017
  • Previous Sale Contract Date: Jun 27, 2017
  • Previous Sale Amount: $985,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: Mar 16, 2021
  • First Mortgage Loan Amount: $899,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: LOANDEPOT.COM LLC
  • Previous Mortgage Transaction Date: Jul 26, 2017
  • Previous Mortgage Loan Amount: $886,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2047

About Morris



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Frequently Asked Questions

What neighborhood is 2 North Gate Road located in?
The 2 North Gate Road is a house located in the neighborhood of Morris in Morris, Mendham.
What is the average sales price for listings in 2 North Gate Road?
The average sales price for units in 2 North Gate Road is $0 currently.

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