500 Mt Kemble Avenue

Local assessors in Morristown, NJ have categorized 500 Mt Kemble Avenue as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 20,495 square feet. 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 500 Mt Kemble Avenue has a total of 1,584 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. 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, 500 Mt Kemble Avenue was last sold in Mar 13, 2020 for $49,500. According to our calculations, that's $31.25 per sqft. Prior to that sales transaction, the property was sold for $480,000 in Feb 27, 2008. Current property owners are expected to pay $5,269 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 500 Mt Kemble Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $455,800. To break that down further, the land itself was valued at $237,000. While improvements to the property were assessed at a total of $218,800. 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. 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.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.