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8 Colonial Road

8 Colonial Road, Morristown, NJ 07960
Property in Morris
8 Colonial Road has been categorized by the local assessors in Morristown, NJ as a commercial type of property. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 16,069 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. 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. The property was last sold in Dec 3, 1998 for $280,000. That's $138.89 per sqft. 8 Colonial Road was last assessed in 2023. The total value of the property was assessed at $200,000. Specifically, the land the property is located on was valued at $171,400. While improvements on the property were assessed at a total of $28,600. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,812. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,069
  • Total Building Area: 2,016
  • Gross Building Area: 2,016
  • Building Area: 2,016
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.369
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : YEATMAN MICHAEL
  • Current Owner 2: GAWEL BARBARA
  • Previous Owner : ESTATE OF NICHOLAS E FIORENTINO
  • Previous Owner 2: FIORENTINO NICHOLAS E

Neighborhood

  • School District Name: Morris Township School District
  • Census Tract: 043700

Zoning

  • Zoning: R-3

Geography

  • District: 24
  • Parcel: 24 08102-0000-00029
  • Block: 8102
  • Lot: 29
  • Municipality: MORRISTOWN TOWN
  • Latitude: 40.8013
  • Longitude: -74.493

    Address

  • Full Address: 8 Colonial Rd
  • Address - House Number: 8
  • Address - Street Name: Colonial
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Morristown
  • Zip Code: 07960

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,812

    Market Valuation

  • Market Total Value: $255,886
  • Market Land Value: $219,294
  • Market Improvement Value: $36,592

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,000
  • Assessed Land Value: $171,400
  • Assessed Improvements Value: $28,600

    Sales

  • Current Sale Contract Date: Dec 03, 1998
  • Current Sale Recording Date: Dec 14, 1998
  • Current Sale Transaction ID: 1120106278
  • Current Sale Price: $280,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 127440

    Last Sale Mortgage

  • First Mortgage Lender: PENN FSB
  • First Mortgage Transaction Date: Dec 14, 1998
  • First Mortgage Loan Amount: $213,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jan 01, 2029

About Morristown



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Frequently Asked Questions

What neighborhood is 8 Colonial Road located in?
The 8 Colonial Road is a located in the neighborhood of Morris in Morristown, Morristown.
What is the average sales price for listings in 8 Colonial Road?
The average sales price for units in 8 Colonial Road is $0 currently.

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