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7 Adams Drive

7 Adams Drive, Denville, NJ 07834
Property in Morris
Sold Oct 27, 2021
$475,000
$355,000 by New Jersey Lenders Corp
Mortgage Due Oct 01, 2051
Sold Nov 14, 2017
$398,000
$316,000 by Aurora Financial Llc
Mortgage Due Nov 01, 2047
Local assessors in Denville, NJ have categorized 7 Adams Drive as a residential type of property. The home was built in 1966 and is 58 years old. The property's lot size has been calculated to be 7,492 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 750 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7 Adams Drive has a total of 1,141 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. 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, 7 Adams Drive sold most recently in Sep 9, 2021 for a total of $475,000. If you work out the math, that's approximately a cost of $416.30 per sqft. Before that, the property was also sold for $398,000 in Oct 27, 2017. 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 $8,104 in taxes each year. 7 Adams Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $306,400. If we break it down further, the land itself was valued at $156,800. Improvements to the property, however, were assessed at a total of $149,600. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1966
  • Effective Year Built: 1966
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,492
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,141
  • Building Area: 1,141
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,141
  • 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 : FALLON DANIEL
  • Current Owner 2: FALLON CATHERINE
  • Previous Owner : CHONG EDWIN
  • Previous Owner 2: CHONG LIN
  • Owner Before Previous Owner: VENKATESEWARAN SHANKAR
  • Owner Before Previous Owner 2: JAYARAMAN MAHALAKSHMI
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Denville Township School District
  • Census Tract: 041500

Zoning

  • Zoning: R-3

Geography

  • Account Number: 00013300
  • District: 08
  • Parcel: 08 31102-0000-00009
  • Block: 31102
  • Lot: 9
  • Municipality: DENVILLE TWP
  • Latitude: 40.8742
  • Longitude: -74.4859

    Address

  • Full Address: 7 Adams Dr
  • Address - House Number: 7
  • Address - Street Name: Adams
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Denville
  • Carrier Code: C003
  • 4-Digit Zip Code: 2401
  • Zip Code: 07834

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,104

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 490,050
  • High Value: 576,755
  • Low Value: 403,346

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $355,000
  • First Open Lien Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Open Lien Mortgage Recording Date: Oct 27, 2021
  • First Open Lien Mortgage Loan Amount: $355,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $373,659
  • Market Land Value: $191,220
  • Market Improvement Value: $182,439

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $306,400
  • Assessed Land Value: $156,800
  • Assessed Improvements Value: $149,600

    Sales

  • Current Sale Contract Date: Sep 09, 2021
  • Current Sale Recording Date: Oct 27, 2021
  • Current Sale Transaction ID: 11863498459
  • Current Sale Price: $475,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021088749
  • Previous Sale Recording Date: Nov 14, 2017
  • Previous Sale Contract Date: Oct 27, 2017
  • Previous Sale Amount: $398,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Mortgage Transaction Date: Oct 27, 2021
  • First Mortgage Loan Amount: $355,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AURORA FINANCIAL LLC
  • Previous Mortgage Transaction Date: Nov 14, 2017
  • Previous Mortgage Loan Amount: $316,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About Morris



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Frequently Asked Questions

What neighborhood is 7 Adams Drive located in?
The 7 Adams Drive is a located in the neighborhood of Morris in Morris, Denville.
What is the average sales price for listings in 7 Adams Drive?
The average sales price for units in 7 Adams Drive is $0 currently.

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