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24 Old Wood Road

24 Old Wood Road, Morris Plains, NJ 07950
Property in Morris
Sold Nov 27, 2019
$765,000
$485,000 by Weichert Financial Services
Mortgage Due Dec 01, 2049
Sold May 31, 2017
$709,250
$540,000 by Sirva Mortgage Inc
Mortgage Due Jun 01, 2047
24 Old Wood Road in Morris Plains, NJ was first built in 1935 and is 89 years old. This has been categorized as a residential property type. There are a total of 2 floors. 24 Old Wood Road has 3,109 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. In total, the area measurement of the land is 43,996 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. 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 concrete block control joints. The exterior walls of the home are made of concrete block. 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, 24 Old Wood Road was last sold in Nov 19, 2019 for $765,000. According to our calculations, that's $246.06 per sqft. Prior to that sales transaction, the property was sold for $709,250 in May 8, 2017. Current property owners are expected to pay $16,288 in taxes per year. The property on 24 Old Wood Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $651,800. To break that down further, the land itself was valued at $321,000. While improvements to the property were assessed at a total of $330,800. 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. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Bedroom Count: 0
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 3,109
  • Building Area: 3,109
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,109
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.01
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GRAY DIANE
  • Current Owner 2: MALAVAREA KEVIN
  • Previous Owner : BERWICK SHAYNE MATTHEW
  • Previous Owner 2: BERWICK BELINDA KYM
  • Owner Before Previous Owner: AITA ELOISE
  • Owner Before Previous Owner 2: ARAGONA LNDA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Morris Plains Borough School District
  • Census Tract: 042302

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 19
  • Account Number: 19310700
  • District: 23
  • Parcel: 23 00193- 01-00007
  • Block: 193.01
  • Lot: 7
  • Municipality: MORRIS PLAINS BORO
  • Latitude: 40.8315
  • Longitude: -74.4726

    Address

  • Full Address: 24 Old Wood Rd
  • Address - House Number: 24
  • Address - Street Name: Old Wood
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Morris Plains
  • Carrier Code: C013
  • 4-Digit Zip Code: 2409
  • Zip Code: 07950

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,288

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 930,686
  • High Value: 1,076,068
  • Low Value: 785,305

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $485,000
  • First Open Lien Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Nov 27, 2019
  • First Open Lien Mortgage Loan Amount: $485,000
  • 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: Dec 01, 2049

    Market Valuation

  • Market Total Value: $775,122
  • Market Land Value: $381,734
  • Market Improvement Value: $393,388

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $651,800
  • Assessed Land Value: $321,000
  • Assessed Improvements Value: $330,800

    Sales

  • Current Sale Contract Date: Nov 19, 2019
  • Current Sale Recording Date: Nov 27, 2019
  • Current Sale Transaction ID: 11710653715
  • Current Sale Price: $765,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019068390
  • Previous Sale Recording Date: May 31, 2017
  • Previous Sale Contract Date: May 08, 2017
  • Previous Sale Amount: $709,250
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • First Mortgage Transaction Date: Nov 27, 2019
  • First Mortgage Loan Amount: $485,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: SIRVA MORTGAGE INC
  • Previous Mortgage Transaction Date: May 31, 2017
  • Previous Mortgage Loan Amount: $540,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2047

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Frequently Asked Questions

What neighborhood is 24 Old Wood Road located in?
The 24 Old Wood Road is a located in the neighborhood of Morris in Morris Plains, Morris Plains.
What is the average sales price for listings in 24 Old Wood Road?
The average sales price for units in 24 Old Wood Road is $0 currently.

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