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229 Mt Kemble Avenue

229 Mt Kemble Avenue, Morristown, NJ 07960
Property in Morris
Sold Nov 05, 2004
$1,460,000
$1,000,000 by Citimortgage Inc
Mortgage Due Nov 05, 2034
Sold Mar 14, 2000
$442,000
$85,000 by The Boston Company Financial S
Mortgage
Local assessors in Morristown, NJ have categorized 229 Mt Kemble Avenue as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 306,532 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 229 Mt Kemble Avenue has a total of 4,355 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. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 1,422 sqft. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. The building has a roof that is made of shingle (not wood). Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 229 Mt Kemble Avenue sold most recently in Sep 8, 2004 for a total of $1,460,000. If you work out the math, that's approximately a cost of $335.25 per sqft. Before that, the property was also sold for $442,000 in Mar 2, 2000. 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 $24,032 in taxes each year. 229 Mt Kemble Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,198,600. If we break it down further, the land itself was valued at $393,600. Improvements to the property, however, were assessed at a total of $805,000. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,422
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 306,532
  • Total Building Area: 4,355
  • Building Area: 4,355
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 4,355
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 7.037
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GORDON RICHARD
  • Previous Owner : CLARK GRANT
  • Owner Before Previous Owner: CHASE MANHATTAN BANK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Morris Township School District
  • Census Tract: 043402

Zoning

  • Zoning: R130

Geography

  • District: 22
  • Parcel: 22 05401-0000-00006
  • Block: 5401
  • Lot: 6
  • Municipality: MORRIS TWP
  • Latitude: 40.7823
  • Longitude: -74.4973

    Address

  • Full Address: 229 Mount Kemble Ave
  • Address - House Number: 229
  • Address - Street Name: Mount Kemble
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Morristown
  • Carrier Code: C018
  • 4-Digit Zip Code: 6209
  • Zip Code: 07960

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $24,032

    Appraisal Valuation

  • Standard Deviation: 0.1537
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 1,954,343
  • High Value: 2,254,811
  • Low Value: 1,653,874

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: CITIMORTGAGE INC
  • First Open Lien Mortgage Recording Date: Nov 05, 2004
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 05, 2034

    Market Valuation

  • Market Total Value: $1,336,381
  • Market Land Value: $438,845
  • Market Improvement Value: $897,536

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,198,600
  • Assessed Land Value: $393,600
  • Assessed Improvements Value: $805,000

    Sales

  • Current Sale Contract Date: Sep 08, 2004
  • Current Sale Recording Date: Nov 05, 2004
  • Current Sale Transaction ID: 1192429724
  • Current Sale Price: $1,460,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 14, 2000
  • Previous Sale Contract Date: Mar 02, 2000
  • Previous Sale Amount: $442,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIMORTGAGE INC
  • First Mortgage Transaction Date: Nov 05, 2004
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360

    Previous Mortgages

  • Previous Mortgage Lender: THE BOSTON COMPANY FINANCIAL S
  • Previous Mortgage Transaction Date: Mar 14, 2000
  • Previous Mortgage Loan Amount: $85,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Morris



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Frequently Asked Questions

What neighborhood is 229 Mt Kemble Avenue located in?
The 229 Mt Kemble Avenue is a located in the neighborhood of Morris in Morris, Morristown.
What is the average sales price for listings in 229 Mt Kemble Avenue?
The average sales price for units in 229 Mt Kemble Avenue is $0 currently.

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