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60 Summit Avenue

60 Summit Avenue, Chatham, NJ 07928
Property in Morris
Sold Sep 22, 2004
$460,000
$368,000 by Weichert Financial Services
Mortgage Due Sep 22, 2034
Sold Oct 02, 1996
$135,000
Local assessors in Chatham, NJ have categorized 60 Summit Avenue as a residential type of property. The home was built in 1919 and is 105 years old. The property's lot size has been calculated to be 7,501 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 500 ft. 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 60 Summit Avenue has a total of 1,280 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. 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, 60 Summit Avenue sold most recently in Sep 13, 2004 for a total of $460,000. If you work out the math, that's approximately a cost of $359.38 per sqft. Before that, the property was also sold for $135,000 in Sep 16, 1996. 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 $10,396 in taxes each year. 60 Summit Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $669,000. If we break it down further, the land itself was valued at $393,800. Improvements to the property, however, were assessed at a total of $275,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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: 1919
  • Effective Year Built: 1919
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,501
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,280
  • Building Area: 1,280
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,280
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WHITE MARTHA
  • Previous Owner : MOAKLER ROBERT
  • Owner Before Previous Owner: MOAKLER ROBERT MICHAEL
  • Owner Before Previous Owner 2: MOAKLER PATRICIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: The Chathams School District
  • Census Tract: 042800

Zoning

  • Zoning: R-4

Geography

  • Account Number: 40380009
  • District: 04
  • Parcel: 04 00123-0000-00015
  • Block: 123
  • Lot: 15
  • Municipality: CHATHAM BORO
  • Latitude: 40.7376
  • Longitude: -74.3794

    Address

  • Full Address: 60 Summit Ave
  • Address - House Number: 60
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Chatham
  • Carrier Code: C019
  • 4-Digit Zip Code: 2733
  • Zip Code: 07928

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,396

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 732,833
  • High Value: 847,308
  • Low Value: 618,358

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $368,000
  • First Open Lien Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Sep 22, 2004
  • First Open Lien Mortgage Loan Amount: $368,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 22, 2034

    Market Valuation

  • Market Total Value: $623,021
  • Market Land Value: $366,735
  • Market Improvement Value: $256,286

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $669,000
  • Assessed Land Value: $393,800
  • Assessed Improvements Value: $275,200

    Sales

  • Current Sale Contract Date: Sep 13, 2004
  • Current Sale Recording Date: Sep 22, 2004
  • Current Sale Transaction ID: 1192458571
  • Current Sale Price: $460,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Oct 02, 1996
  • Previous Sale Contract Date: Sep 16, 1996
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • First Mortgage Transaction Date: Sep 22, 2004
  • First Mortgage Loan Amount: $368,000
  • First Mortgage Terms: 360

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Frequently Asked Questions

What neighborhood is 60 Summit Avenue located in?
The 60 Summit Avenue is a located in the neighborhood of Morris in Chatham, Chatham.
What is the average sales price for listings in 60 Summit Avenue?
The average sales price for units in 60 Summit Avenue is $0 currently.

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