$940,000
SOLD MAY 28, 2025

116 Ridgedale Ave Madison, NJ 07940

4 Beds
2 Baths
1,092 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$861 Per Sq Ft

18% Above List Price

9 Days on Market

About This Home

As of May 2025

This home is located at 116 Ridgedale Ave, Madison, NJ 07940 and is currently priced at $940,000, approximately $860 per square foot. This property was built in 1952. 116 Ridgedale Ave is a home located in Morris County with nearby schools including Central Avenue Elementary School, Madison Junior School, and Madison High School.

Last Agent to Sell the Property

MARY T. WEICHERT

WEICHERT REALTORS Brokerage Phone: 973-635-5000 Listed on: 04/08/2025

Last Buyer's Agent

Susan Oldendorp

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,892

Year Built

  • Built in 1952

Lot Details

  • 9,148 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,892

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Year Built: 1952
  • County Name: Morris
  • Street Number Display: 116
  • I D: 5349427
  • Modified: 2025-05-28
  • Number Images: 1
  • Attribution Contact: 973-635-5000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 0.215 AC
  • Total Acres: 0.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2025
Closed on
May 20, 2025
Sold by
Vannatten Matthew and Vannatten Luigina
Bought by
Kalb Christopher
Seller's Agent
MARY T. WEICHERT
WEICHERT REALTORS
Buyer's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
List Price
$799,000
Sold Price
$940,000
Premium/Discount to List
$141,000
17.65%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-32.07%
Original Mortgage
$240,000
Outstanding Balance
$238,330
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$615,063

Purchase Details

Listed on
Jun 27, 2014
Closed on
Jun 23, 2014
Sold by
Ornstein Kathy and Fann Donald
Bought by
Vanvannatten Matthew Van and Natten Luigina Van
Seller's Agent
Beth Lohner
WEICHERT REALTORS
Buyer's Agent
Maureen Mount
COLDWELL BANKER REALTY
Sold Price
$502,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$376,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 1999
Sold by
Purcell Thomas M and Purcell Mary E
Bought by
Ornstein Kathy

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
7.6%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 29, 1995
Sold by
Campana Elaine J
Bought by
Purcell Thomas M and Campana Mary
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $940,000 Simplicity Title
Deed $502,500 Nrt Title Agency Llc
Bargain Sale Deed $250,000 --
Interfamily Deed Transfer $188,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 New Conventional
Previous Owner $254,000 New Conventional
Previous Owner $79,600 Unknown
Previous Owner $377,000 New Conventional
Previous Owner $376,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $25,000 Credit Line Revolving
Previous Owner $200,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Sold $940,000 +17.6% $861 / Sq Ft
04/19/2025 04/19/25 Pending -- -- --
04/10/2025 04/10/25 For Sale $799,000 +59.0% $732 / Sq Ft
06/27/2014 06/27/14 Sold $502,500 -- $460 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

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
2024 $9,892 $464,400 $286,800 $177,600
2023 $9,562 $464,400 $286,800 $177,600
2022 $9,409 $464,400 $286,800 $177,600
2021 $9,409 $464,400 $286,800 $177,600
2020 $9,311 $464,400 $286,800 $177,600
2019 $9,163 $464,400 $286,800 $177,600
2018 $8,930 $464,400 $286,800 $177,600
2017 $8,861 $464,400 $286,800 $177,600
2016 $8,548 $455,900 $286,800 $169,100
2015 $8,389 $455,900 $286,800 $169,100
2014 $8,106 $421,800 $286,800 $135,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3955684

Garden State MLS

APN: 17-00505-0000-00025