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306 Pitney Place

306 Pitney Place, Morristown, NJ 07960
House in Morris
Sold May 18, 2022
$355,000
$297,000 by Picatinny Federal Credit Union
Mortgage Due Apr 01, 2052
Sold May 15, 2019
$270,000
$189,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2049
306 Pitney Place in Morristown, NJ was first built in 1963 and is 61 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 306 Pitney Place has 930 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 5,022 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of shingle (not wood). Water for the property is sourced from a water system. The property is connected to a sewer system. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. As for heating, the home is utilizing baseboard heaters. 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, 306 Pitney Place was last sold in Mar 4, 2022 for $355,000. According to our calculations, that's $381.72 per sqft. Prior to that sales transaction, the property was sold for $270,000 in May 10, 2019. Current property owners are expected to pay $4,162 in taxes per year. The property on 306 Pitney Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $207,600. To break that down further, the land itself was valued at $115,000. While improvements to the property were assessed at a total of $92,600. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1963
  • Effective Year Built: 1963
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,022
  • Total Building Area: 930
  • Building Area: 930
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 930
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TOWNSHIP VILLAGE
  • Land Acres: 0.115
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : MOYNIHAN COLIN
  • Previous Owner : AMANDA MARTINI
  • Owner Before Previous Owner: CHU GRACE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Morris Township School District
  • Census Tract: 043302

Zoning

  • Zoning: RG-5

Geography

  • District: 22
  • Parcel: 22 08301-0000-00003-0000-C0306
  • Block: 8301
  • Lot: 3
  • Municipality: MORRIS TWP
  • Latitude: 40.7864
  • Longitude: -74.4563

    Address

  • Full Address: 306 Pitney Pl
  • Address - House Number: 306
  • Address - Street Name: Pitney
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Morristown
  • Carrier Code: C005
  • 4-Digit Zip Code: 6195
  • Zip Code: 07960

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,162

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 364,363
  • High Value: 426,727
  • Low Value: 301,999

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $297,000
  • First Open Lien Mortgage Lender: PICATINNY FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: May 18, 2022
  • First Open Lien Mortgage Loan Amount: $297,000
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $231,464
  • Market Land Value: $128,219
  • Market Improvement Value: $103,245

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,600
  • Assessed Land Value: $115,000
  • Assessed Improvements Value: $92,600

    Sales

  • Current Sale Contract Date: Mar 04, 2022
  • Current Sale Recording Date: May 18, 2022
  • Current Sale Transaction ID: 11888451775
  • Current Sale Price: $355,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 34800
  • Previous Sale Recording Date: May 15, 2019
  • Previous Sale Contract Date: May 10, 2019
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PICATINNY FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: May 18, 2022
  • First Mortgage Loan Amount: $297,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 15, 2019
  • Previous Mortgage Loan Amount: $189,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2049

About Morris



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Frequently Asked Questions

What neighborhood is 306 Pitney Place located in?
The 306 Pitney Place is a house located in the neighborhood of Morris in Morris, Morristown.
What is the average sales price for listings in 306 Pitney Place?
The average sales price for units in 306 Pitney Place is $0 currently.

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