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7 Joseph Drive

7 Joseph Drive, East Hanover, NJ 07936
Property in Morris
Sold Nov 17, 2020
$437,500
$340,000 by Manufacturers & Traders Trust
Mortgage Due Nov 01, 2050
Sold Oct 21, 2015
$375,000
$337,500 by Bank Of America Na
Mortgage Due Nov 01, 2045
7 Joseph Drive has been categorized by the local assessors in East Hanover, NJ as a residential type of property. The building on the property was first built in 1995 and is 29 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7 Joseph Drive has 1,457 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 1,202 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the 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, 7 Joseph Drive was last sold in Oct 29, 2020 for $437,500. According to our calculations, that's $300.27 per sqft. Prior to that sales transaction, the property was sold for $375,000 in Oct 7, 2015. Current property owners are expected to pay $6,487 in taxes per year. The property on 7 Joseph Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $260,000. To break that down further, the land itself was valued at $95,000. While improvements to the property were assessed at a total of $165,000. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Assigned Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Condo
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,202
  • Total Building Area: 1,457
  • Building Area: 1,457
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,457
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HANOVER PARK
  • Land Acres: 0.027
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : BERNSTEIN SCOTT
  • Previous Owner : MHLEY JUSTIN
  • Previous Owner 2: MHLEY CHRISTINA
  • Owner Before Previous Owner: NEUMANN ELEANOR
  • Owner Before Previous Owner 2: NEUMANN ELEANOR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Hanover Township School District
  • Census Tract: 041902

Geography

  • Account Number: 01600342
  • District: 10
  • Parcel: 10 00096-0000-00047-0000-C3507
  • Block: 96
  • Lot: 47
  • Municipality: EAST HANOVER TWP
  • Latitude: 40.8094
  • Longitude: -74.365

    Address

  • Full Address: 7 Joseph Dr
  • Address - House Number: 7
  • Address - Street Name: Joseph
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: East Hanover
  • Carrier Code: C010
  • 4-Digit Zip Code: 3579
  • Zip Code: 07936

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,487

    Appraisal Valuation

  • Standard Deviation: 0.1615
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 79
  • Final Value: 513,275
  • High Value: 596,200
  • Low Value: 430,349

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $340,000
  • First Open Lien Mortgage Lender: MANUFACTURERS & TRADERS TRUST
  • First Open Lien Mortgage Recording Date: Nov 17, 2020
  • First Open Lien Mortgage Loan Amount: $340,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $362,067
  • Market Land Value: $132,294
  • Market Improvement Value: $229,773

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,000
  • Assessed Land Value: $95,000
  • Assessed Improvements Value: $165,000

    Sales

  • Current Sale Contract Date: Oct 29, 2020
  • Current Sale Recording Date: Nov 17, 2020
  • Current Sale Transaction ID: 11808089906
  • Current Sale Price: $437,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020083888
  • Previous Sale Recording Date: Oct 21, 2015
  • Previous Sale Contract Date: Oct 07, 2015
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: MANUFACTURERS & TRADERS TRUST
  • First Mortgage Transaction Date: Nov 17, 2020
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Oct 21, 2015
  • Previous Mortgage Loan Amount: $337,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2045

About Morris



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Frequently Asked Questions

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

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