Check Availability

24 Yarmouth Road

24 Yarmouth Road, Chatham, NJ 07928
Property in Morris
Sold May 12, 2015
$740,000
$592,000 by Resmac Inc
Mortgage Due May 01, 2045
Sold Jan 26, 2007
$717,000
$487,000 by Citimortgage
Mortgage
24 Yarmouth Road in Chatham, NJ was first built in 1946 and is 78 years old. This has been categorized as a residential property type. There are a total of 2 floors. 24 Yarmouth Road has 2,394 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 11,718 square feet.

Learn more about the property and building on this page. 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 property was last sold in Apr 17, 2015 for $740,000. That's $309.11 per sqft. Prior to that sales transaction, the property was also sold in Aug 10, 2006 for $717,000. 24 Yarmouth Road was last assessed in 2023. The total value of the property was assessed at $686,700. Specifically, the land the property is located on was valued at $485,400. While improvements on the property were assessed at a total of $201,300. 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 $13,432. 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. 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: 1946
  • Effective Year Built: 1946
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,718
  • Total Building Area: 2,394
  • Building Area: 2,394
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,394
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.269
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHELLAKUMAR SOLOMON P
  • Current Owner 2: CHELLAKUMAR LORI A
  • Previous Owner : MAHONEY TIMOTHY
  • Previous Owner 2: MAHONEY CAROL
  • Owner Before Previous Owner: CHASE DOUGLAS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: The Chathams School District
  • Census Tract: 043900

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: TAX MAP 61
  • Account Number: 5308
  • District: 05
  • Parcel: 05 00088-0000-00001
  • Block: 88
  • Lot: 1
  • Municipality: CHATHAM TWP
  • Latitude: 40.7356
  • Longitude: -74.3992

    Address

  • Full Address: 24 Yarmouth Rd
  • Address - House Number: 24
  • Address - Street Name: Yarmouth
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Chatham
  • Carrier Code: C024
  • 4-Digit Zip Code: 1863
  • Zip Code: 07928

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,432

    Appraisal Valuation

  • Standard Deviation: 0.1686
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 1,038,048
  • High Value: 1,213,107
  • Low Value: 862,989

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $652,000
  • First Open Lien Mortgage Lender: RESMAC INC
  • First Open Lien Mortgage Recording Date: May 12, 2015
  • First Open Lien Mortgage Loan Amount: $592,000
  • 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: May 01, 2045
  • Second Open Lien Mortgage Lender: DISCOVER BANK
  • Second Open Lien Mortgage Recording Date: Jul 11, 2019
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Jul 11, 2039

    Market Valuation

  • Market Total Value: $843,819
  • Market Land Value: $596,461
  • Market Improvement Value: $247,358

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $686,700
  • Assessed Land Value: $485,400
  • Assessed Improvements Value: $201,300

    Sales

  • Current Sale Contract Date: Apr 17, 2015
  • Current Sale Recording Date: May 12, 2015
  • Current Sale Transaction ID: 1275373500
  • Current Sale Price: $740,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2015027270
  • Previous Sale Recording Date: Jan 26, 2007
  • Previous Sale Contract Date: Aug 10, 2006
  • Previous Sale Amount: $717,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RESMAC INC
  • First Mortgage Transaction Date: May 12, 2015
  • First Mortgage Loan Amount: $592,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: CITIMORTGAGE
  • Previous Mortgage Transaction Date: Jan 26, 2007
  • Previous Mortgage Loan Amount: $487,000
  • Previous Mortgage Term: 360

About Morris



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 768 Springfield Ave, Summit City, NJ, 07901

$3,000 /mo

  • 2 Beds
  • 2 Baths
768 Springfield Ave #C6, Summit City, NJ, 07901 Listing by MICHELE DIBENEDETTO
Unit for rent at 16 Waverly Pl, Madison Boro, NJ, 07940

$3,200 /mo

  • 2 Beds
  • 1 Bath
16 Waverly Pl #A, Madison Boro, NJ, 07940 Listing by JENNIFER BASSOLINO
Unit for rent at 5 Avon Court, Chatham Township, NJ, 07928

$3,000 /mo

  • 2 Beds
  • 1 Bath
5 Avon Court #B, Chatham Township, NJ, 07928 Listing by RHP Realty New Jersey
Unit for rent at 75 Watchung Ave, Chatham Boro, NJ, 07928

$3,200 /mo

  • 2 Beds
  • 1 Bath
75 Watchung Ave #2, Chatham Boro, NJ, 07928 Listing by JIN ARMSTRONG

Frequently Asked Questions

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

Quantcast