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2 Tracy Court

2 Tracy Court, Morristown, NJ 07960
Property in Morris
Sold Oct 20, 2021
$640,000
$576,000 by Hudson United Mortgage
Mortgage Due Aug 01, 2051
2 Tracy Court in Morristown, NJ was first built in 1969 and is 55 years old. This has been categorized as a residential property type. 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 3 partial bathrooms. 2 Tracy Court has 2,184 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 linear feet across the front of the lot is 1,310 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 19,646 square feet.

Learn more about the property and building on this page. There is a open porch and 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 attached garage. The garage is 420 sqft. There are a total of 2 available parking spaces. 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 wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. 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. The property was last sold in Jul 26, 2021 for $640,000. That's $293.04 per sqft. 2 Tracy Court was last assessed in 2023. The total value of the property was assessed at $486,900. Specifically, the land the property is located on was valued at $239,900. While improvements on the property were assessed at a total of $247,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $9,762. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 609
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 19,646
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,310
  • Total Building Area: 2,184
  • Building Area: 2,184
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,184
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.451
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHOU KENNETH KU YUIN
  • Current Owner 2: REYMNSE CHOU MARGARET
  • Previous Owner : KELLY PAMELA J
  • Previous Owner 2: THE HUNT FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: RA15

Geography

  • District: 22
  • Parcel: 22 00401-0000-00022
  • Block: 401
  • Lot: 22
  • Municipality: MORRIS TWP
  • Latitude: 40.816
  • Longitude: -74.4953

    Address

  • Full Address: 2 Tracy Ct
  • Address - House Number: 2
  • Address - Street Name: Tracy
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Morristown
  • Carrier Code: C043
  • 4-Digit Zip Code: 2831
  • Zip Code: 07960

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,762

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 733,780
  • High Value: 857,839
  • Low Value: 609,722

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $576,000
  • First Open Lien Mortgage Lender: HUDSON UNITED MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 20, 2021
  • First Open Lien Mortgage Loan Amount: $576,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $542,870
  • Market Land Value: $267,477
  • Market Improvement Value: $275,393

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $486,900
  • Assessed Land Value: $239,900
  • Assessed Improvements Value: $247,000

    Sales

  • Current Sale Contract Date: Jul 26, 2021
  • Current Sale Recording Date: Oct 20, 2021
  • Current Sale Transaction ID: 11860821550
  • Current Sale Price: $640,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021086530

    Last Sale Mortgage

  • First Mortgage Lender: HUDSON UNITED MORTGAGE
  • First Mortgage Transaction Date: Oct 20, 2021
  • First Mortgage Loan Amount: $576,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

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Frequently Asked Questions

What neighborhood is 2 Tracy Court located in?
The 2 Tracy Court is a located in the neighborhood of Morris in Morris, Morristown.
What is the average sales price for listings in 2 Tracy Court?
The average sales price for units in 2 Tracy Court is $0 currently.

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