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279 Mountain Way

279 Mountain Way, Morris Plains, NJ 07950
Property in Morris
Sold Mar 06, 2020
$650,000
$617,500 by Cardinal Financial Company Lp
Mortgage Due Mar 01, 2050
Sold Jul 29, 1997
$263,000
$210,000 by Pnc Mtg Corp Of America
Mortgage Due Aug 01, 2027
279 Mountain Way in Morris Plains, NJ was first built in 1950 and is 74 years old. This has been categorized as a residential property type. There are a total of 2 floors. 279 Mountain Way has 3,555 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 51,488 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 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, 279 Mountain Way sold most recently in Feb 12, 2020 for a total of $650,000. If you work out the math, that's approximately a cost of $182.84 per sqft. Before that, the property was also sold for $263,000 in Jul 24, 1997. 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 $16,723 in taxes each year. 279 Mountain Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $669,200. If we break it down further, the land itself was valued at $266,000. Improvements to the property, however, were assessed at a total of $403,200. 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: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 51,488
  • Total Building Area: 3,555
  • Building Area: 3,555
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,555
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.182
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ZELAYA JAROD M
  • Previous Owner : LIU SHIJIE
  • Previous Owner 2: LIU GLORIA JING
  • Owner Before Previous Owner: JANUSHEVICH ANNA
  • 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 8
  • Account Number: 07311100
  • District: 23
  • Parcel: 23 00073- 01-00011
  • Block: 73.01
  • Lot: 11
  • Municipality: MORRIS PLAINS BORO
  • Latitude: 40.84
  • Longitude: -74.4879

    Address

  • Full Address: 279 Mountain Way
  • Address - House Number: 279
  • Address - Street Name: Mountain
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Morris Plains
  • Carrier Code: C018
  • 4-Digit Zip Code: 1907
  • Zip Code: 07950

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,723

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 946,734
  • High Value: 1,106,327
  • Low Value: 787,140

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $617,500
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Mar 06, 2020
  • First Open Lien Mortgage Loan Amount: $617,500
  • 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: Mar 01, 2050

    Market Valuation

  • Market Total Value: $795,814
  • Market Land Value: $316,328
  • Market Improvement Value: $479,486

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $669,200
  • Assessed Land Value: $266,000
  • Assessed Improvements Value: $403,200

    Sales

  • Current Sale Contract Date: Feb 12, 2020
  • Current Sale Recording Date: Mar 06, 2020
  • Current Sale Transaction ID: 11751501835
  • Current Sale Price: $650,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020014649
  • Previous Sale Recording Date: Jul 29, 1997
  • Previous Sale Contract Date: Jul 24, 1997
  • Previous Sale Amount: $263,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Mar 06, 2020
  • First Mortgage Loan Amount: $617,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PNC MTG CORP OF AMERICA
  • Previous Mortgage Transaction Date: Jul 29, 1997
  • Previous Mortgage Loan Amount: $210,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2027

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Frequently Asked Questions

What neighborhood is 279 Mountain Way located in?
The 279 Mountain Way is a located in the neighborhood of Morris in Morris Plains, Morris Plains.
What is the average sales price for listings in 279 Mountain Way?
The average sales price for units in 279 Mountain Way is $0 currently.

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