NOT LISTED FOR SALE

116 Ridgedale Ave Madison, NJ 07940

Madison Area

Estimated Value: $881,000 - $953,000

4 Beds
2 Baths
1,092 Sq Ft
$844/Sq Ft Est. Value

Sale Details

Date Sold: May 28, 2025

Last sale price $940,000 $861 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,831 / mo

9 Days on Market

About This Home

As of May 2025

This home is located at 116 Ridgedale Ave, Madison, NJ 07940 since 08 April 2025 and is currently estimated at $921,618, approximately $843 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 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

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

Year Built

Built in 1952

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Year Built: 1952
  • County Name: Morris
  • I D: 5349427
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2025
Closed on
May 20, 2025
Sold by
Bought by
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
Current Estimated Value
$921,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,382
Avg. Annual Appreciation
-1.72%
Original Mortgage
$240,000
Interest Rate
0.0589%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2014
Closed on
Jun 23, 2014
Sold by
Bought by
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
0.0416%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 1999
Sold by
Bought by

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
0.076%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 29, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$940,000 Simplicity Title
$940,000 Simplicity Title
$502,500 Nrt Title Agency Llc
$250,000 --
$188,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $240,000
Previous Owner $376,000
Previous Owner $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,892 $464,400 $286,800 $177,600
2025 $9,892 $464,400 $286,800 $177,600
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

  • M

    Seller's Agent in 2025

    MARY T. WEICHERT

    WEICHERT REALTORS

  • Susan Oldendorp

    Buyer's Agent in 2025

    Susan Oldendorp

    COMPASS NEW JERSEY, LLC

    (201) 400-8714

    510 Total Sales

    Susan Oldendorp
    Section Image

  • B

    Seller's Agent in 2014

    Beth Lohner

    WEICHERT REALTORS

    (973) 460-1387

    33 Total Sales

    Beth Lohner
    Section Image
  • Maureen Mount

    Buyer's Agent in 2014

    Maureen Mount

    COLDWELL BANKER REALTY

    (973) 769-3970

    39 Total Sales

    Maureen Mount
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3955684

Garden State MLS

APN: 17-00505-0000-00025

New Jersey Morris County Madison 07940

116 Ridgedale Ave, Madison, NJ

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