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24 Chelsea Drive

24 Chelsea Drive, Oak Ridge, NJ 07438
Property in Morris
Sold Jan 23, 2023
$801,000
$251,000 by Family First Funding Llc
Mortgage Due Feb 01, 2053
Sold Jul 25, 2002
$457,000
$307,000 by Columbia Bank
Mortgage
Local assessors in Oak Ridge, NJ have categorized 24 Chelsea Drive 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 123,710 square feet. 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 24 Chelsea Drive has a total of 2,776 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 attached garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. 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. 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, 24 Chelsea Drive sold most recently in Jan 15, 2023 for a total of $801,000. If you work out the math, that's approximately a cost of $288.54 per sqft. Before that, the property was also sold for $457,000 in May 13, 2002. 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 $17,214 in taxes each year. 24 Chelsea Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $588,300. If we break it down further, the land itself was valued at $204,800. Improvements to the property, however, were assessed at a total of $383,500. 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. 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.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: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 123,710
  • Total Building Area: 2,776
  • Building Area: 2,776
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,776
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.84
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FILIPPONE RICHARD ANTHONY
  • Current Owner 2: FILIPPONE JESSICA LYNN
  • Previous Owner : SIMLER PAUL J
  • Previous Owner 2: SIMLER RENEE M
  • Owner Before Previous Owner: PIERSON JAMES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Jefferson Township School District
  • Census Tract: 044601

Zoning

  • Zoning: R-30

Geography

  • Assessors Map Reference: TAX MAP 81
  • District: 14
  • Parcel: 14 00473-0000-00013- 02
  • Block: 473
  • Lot: 13.02
  • Municipality: JEFFERSON TWP
  • Latitude: 41.0287
  • Longitude: -74.5009

    Address

  • Full Address: 24 Chelsea Dr
  • Address - House Number: 24
  • Address - Street Name: Chelsea
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Oak Ridge
  • Carrier Code: R004
  • 4-Digit Zip Code: 8855
  • Zip Code: 07438

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,214

    Appraisal Valuation

  • Standard Deviation: 0.1602
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 826,704
  • High Value: 959,165
  • Low Value: 694,243

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $251,000
  • First Open Lien Mortgage Lender: FAMILY FIRST FUNDING LLC
  • First Open Lien Mortgage Recording Date: Jan 23, 2023
  • First Open Lien Mortgage Loan Amount: $251,000
  • 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: Feb 01, 2053

    Market Valuation

  • Market Total Value: $639,665
  • Market Land Value: $222,681
  • Market Improvement Value: $416,984

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $588,300
  • Assessed Land Value: $204,800
  • Assessed Improvements Value: $383,500

    Sales

  • Current Sale Contract Date: Jan 15, 2023
  • Current Sale Recording Date: Jan 23, 2023
  • Current Sale Transaction ID: 11901243978
  • Current Sale Price: $801,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2491
  • Previous Sale Recording Date: Jul 25, 2002
  • Previous Sale Contract Date: May 13, 2002
  • Previous Sale Amount: $457,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAMILY FIRST FUNDING LLC
  • First Mortgage Transaction Date: Jan 23, 2023
  • First Mortgage Loan Amount: $251,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: COLUMBIA BANK
  • Previous Mortgage Transaction Date: Jul 25, 2002
  • Previous Mortgage Loan Amount: $307,000

About Morris



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Frequently Asked Questions

What neighborhood is 24 Chelsea Drive located in?
The 24 Chelsea Drive is a located in the neighborhood of Morris in Morris, Oak Ridge.
What is the average sales price for listings in 24 Chelsea Drive?
The average sales price for units in 24 Chelsea Drive is $0 currently.

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