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47 Old Glen Road

47 Old Glen Road, Morristown, NJ 07960
Property in Morris
Sold Jun 22, 2012
$600,000
$480,000 by Hudson City Savings Bank Fsb
Mortgage Due Jul 01, 2042
Local assessors in Morristown, NJ have categorized 47 Old Glen Road as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 16,553 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 47 Old Glen Road has a total of 2,361 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 576 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a roof that is made of shingle (not wood). Lots of wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's baseboard heaters is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 47 Old Glen Road sold most recently in Jun 13, 2012 for a total of $600,000. If you work out the math, that's approximately a cost of $254.13 per sqft. 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 $12,666 in taxes each year. 47 Old Glen Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $631,700. If we break it down further, the land itself was valued at $350,600. Improvements to the property, however, were assessed at a total of $281,100. 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: 1959
  • Effective Year Built: 1959
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 576
  • Garage Type: Mixed use
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 2,361
  • Building Area: 2,361
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Baseboard
  • Heated Square Feet: 2,361
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LEE MARK F
  • Current Owner 2: LEE SHARON
  • Previous Owner : VALLETTA JOSEPH R
  • Previous Owner 2: VALLETTA MARGARET T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RA15

Geography

  • District: 22
  • Parcel: 22 08005-0000-00006
  • Block: 8005
  • Lot: 6
  • Municipality: MORRIS TWP
  • Latitude: 40.7814
  • Longitude: -74.4601

    Address

  • Full Address: 47 Old Glen Rd
  • Address - House Number: 47
  • Address - Street Name: Old Glen
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Morristown
  • Carrier Code: C046
  • 4-Digit Zip Code: 6149
  • Zip Code: 07960

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,666

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 902,599
  • High Value: 1,054,667
  • Low Value: 750,531

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $480,000
  • First Open Lien Mortgage Lender: HUDSON CITY SAVINGS BANK FSB
  • First Open Lien Mortgage Recording Date: Jun 22, 2012
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $480,000
  • 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: Jul 01, 2042

    Market Valuation

  • Market Total Value: $704,315
  • Market Land Value: $390,902
  • Market Improvement Value: $313,413

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $631,700
  • Assessed Land Value: $350,600
  • Assessed Improvements Value: $281,100

    Sales

  • Current Sale Contract Date: Jun 13, 2012
  • Current Sale Recording Date: Jun 22, 2012
  • Current Sale Transaction ID: 1131048583
  • Current Sale Price: $600,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2012047674

    Last Sale Mortgage

  • First Mortgage Lender: HUDSON CITY SAVINGS BANK FSB
  • First Mortgage Transaction Date: Jun 22, 2012
  • First Mortgage Loan Amount: $480,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2042

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 47 Old Glen Road located in?
The 47 Old Glen Road is a located in the neighborhood of Morris in Morris, Morristown.
What is the average sales price for listings in 47 Old Glen Road?
The average sales price for units in 47 Old Glen Road is $0 currently.

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