Sold Feb 10, 2021
$1,170,000
Buyer
Seller
$936,000
by Jpmorgan Chase Bank Na
Mortgage Due Feb 01, 2051
4 Edward Shippen Lane has been categorized by the local assessors in Morristown, NJ as a residential type of property.
The building on the property was first built in 1974 and is 50 years old.
The building has a total of 2 stories.
In addition, 4 Edward Shippen Lane has 518 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 160,127 square feet.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 864 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Jan 4, 2021 for $1,170,000. That's $2,258.69 per sqft. 4 Edward Shippen Lane was last assessed in 2023. The total value of the property was assessed at $1,075,600. Specifically, the land the property is located on was valued at $396,100. While improvements on the property were assessed at a total of $679,500. 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 $21,566. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 864 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Jan 4, 2021 for $1,170,000. That's $2,258.69 per sqft. 4 Edward Shippen Lane was last assessed in 2023. The total value of the property was assessed at $1,075,600. Specifically, the land the property is located on was valued at $396,100. While improvements on the property were assessed at a total of $679,500. 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 $21,566. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.
4 Edward Shippen Lane, Morristown, NJ 07960
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