123 Central Ave Madison, NJ 07940
Estimated Value: $2,185,883 - $2,495,000
5
Beds
4
Baths
4,644
Sq Ft
$491/Sq Ft
Est. Value
About This Home
This home is located at 123 Central Ave, Madison, NJ 07940 and is currently estimated at $2,278,471, approximately $490 per square foot. 123 Central Ave is a home located in Morris County with nearby schools including Central Avenue Elementary School, Madison Junior School, and Madison High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 8, 2018
Sold by
Baumann Kathleen W and Baumann Joseph P
Bought by
Hammitt Mark and Hammitt Kristen
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
$1,208,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 2, 2006
Sold by
W P Lloyd Custom Building
Bought by
Baumann Joseph P and Baumann Kathleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Hammitt Mark | $1,510,000 | True Value Title Llc | |
Baumann Joseph P | $1,599,750 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Hammitt Mark | $1,174,365 | |
Closed | Hammitt Mark | $1,208,000 | |
Previous Owner | Baumann Joseph P | $1,000,000 |
Source: Public Records
Tax History Compared to Growth
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 | $27,442 | $1,332,800 | $342,300 | $990,500 |
2023 | $27,442 | $1,332,800 | $342,300 | $990,500 |
2022 | $27,003 | $1,332,800 | $342,300 | $990,500 |
2021 | $27,003 | $1,332,800 | $342,300 | $990,500 |
2020 | $26,723 | $1,332,800 | $342,300 | $990,500 |
2019 | $26,296 | $1,332,800 | $342,300 | $990,500 |
2018 | $25,630 | $1,332,800 | $342,300 | $990,500 |
2017 | $25,430 | $1,332,800 | $342,300 | $990,500 |
2016 | $24,990 | $1,332,800 | $342,300 | $990,500 |
2015 | $24,524 | $1,332,800 | $342,300 | $990,500 |
2014 | $23,697 | $1,332,800 | $342,300 | $990,500 |
Source: Public Records
Map
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