1 Colonial Way Madison, NJ 07940
Estimated Value: $2,558,807 - $2,896,000
Studio
--
Bath
4,824
Sq Ft
$564/Sq Ft
Est. Value
About This Home
This home is located at 1 Colonial Way, Madison, NJ 07940 and is currently estimated at $2,719,452, approximately $563 per square foot. 1 Colonial Way is a home located in Morris County with nearby schools including Torey J. Sabatini School, Madison Junior School, and Madison High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 21, 2010
Sold by
Scully Gerald W and Scully Miriam D
Bought by
Crooks Morgan A and Lenar Aimee J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$131,526
Interest Rate
4.99%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,587,926
Purchase Details
Closed on
Nov 9, 2004
Sold by
Zeglis John
Bought by
Scully Gerald and Scully Miriam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.75%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Crooks Morgan A | $2,030,000 | None Available | |
| Scully Gerald | $1,675,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Crooks Morgan A | $400,000 | |
| Open | Crooks Morgan A | $1,000,000 | |
| Previous Owner | Scully Gerald | $200,000 |
Source: Public Records
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $37,064 | $1,740,100 | $747,800 | $992,300 |
| 2024 | $35,829 | $1,740,100 | $747,800 | $992,300 |
Source: Public Records
Map
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