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7 Skyline Drive

7 Skyline Drive, Morristown, NJ 07960
Property in Morris
Sold Dec 13, 2019
$590,000
$531,000 by Jpmorgan Chase Bank Na
Mortgage Due Jan 01, 2050
7 Skyline Drive in Morristown, NJ was first built in 1964 and is 60 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 7 Skyline Drive has 2,922 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 22,651 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of shingle (not wood). Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage underground or in the basement. The garage is 686 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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 Skyline Drive sold most recently in Dec 6, 2019 for a total of $590,000. If you work out the math, that's approximately a cost of $201.92 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 $12,393 in taxes each year. 7 Skyline Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $618,100. If we break it down further, the land itself was valued at $248,400. Improvements to the property, however, were assessed at a total of $369,700. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1964
  • Effective Year Built: 1964
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Wood
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,706
  • Garage Type: Underground/basement
  • Garage Square Area: 686
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 22,651
  • Total Building Area: 2,922
  • Building Area: 2,922
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,922
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.52
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PHILLIPS STANLEY JOSEPH
  • Current Owner 2: PHILLIPS ELKE PELLICANO
  • Previous Owner : DODD WILLIAM C
  • Previous Owner 2: DODD ANNE N
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: IV

Neighborhood

  • School District Name: Morris Township School District
  • Census Tract: 043402

Zoning

  • Zoning: RA15

Geography

  • District: 22
  • Parcel: 22 05602-0000-00013
  • Block: 5602
  • Lot: 13
  • Municipality: MORRIS TWP
  • Latitude: 40.7849
  • Longitude: -74.4944

    Address

  • Full Address: 7 Skyline Dr
  • Address - House Number: 7
  • Address - Street Name: Skyline
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Morristown
  • Carrier Code: C019
  • 4-Digit Zip Code: 5146
  • Zip Code: 07960

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,393

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 927,517
  • High Value: 1,083,875
  • Low Value: 771,158

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $531,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Dec 13, 2019
  • First Open Lien Mortgage Loan Amount: $531,000
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $689,152
  • Market Land Value: $276,954
  • Market Improvement Value: $412,198

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $618,100
  • Assessed Land Value: $248,400
  • Assessed Improvements Value: $369,700

    Sales

  • Current Sale Contract Date: Dec 06, 2019
  • Current Sale Recording Date: Dec 13, 2019
  • Current Sale Transaction ID: 11712025444
  • Current Sale Price: $590,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019071657

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Dec 13, 2019
  • First Mortgage Loan Amount: $531,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

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Frequently Asked Questions

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

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