NOT LISTED FOR SALE

138 Central Ave Madison, NJ 07940

Madison Area

Estimated Value: $1,399,000 - $1,603,699

5 Beds
4 Baths
3,500 Sq Ft
$418/Sq Ft Est. Value

Sale Details

Date Sold: September 8, 2025

Last sale price $1,343,000 $384 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,256 / mo

37 Days on Market

About This Home

As of September 2025

This home is located at 138 Central Ave, Madison, NJ 07940 since 28 May 2025 and is currently estimated at $1,461,925, approximately $417 per square foot. This property was built in 1908. 138 Central 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

Susan Oldendorp

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 05/28/2025

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

MARGARET DAWN SMITH

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1908

Lot Details

  • 17,424 Sq Ft Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1908

Lot Details

0.4 Acres

Listing Details

  • Year Built: 1908
  • County Name: Morris
  • I D: 5269467
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.20

Lot Info

  • Lot Size: 0.401 AC
  • Total Acres: 0.40

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
May 28, 2025
Closed on
Sep 4, 2025
Sold by
Bought by
Seller's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
MARGARET DAWN SMITH
WEICHERT REALTORS
List Price
$1,359,000
Sold Price
$1,343,000
Premium/Discount to List
-$16,000
-1.18%
Views
43
Current Estimated Value
$1,461,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,925
Avg. Annual Appreciation
10.12%
Original Mortgage
$993,000
Interest Rate
0.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 16, 1997
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
$1,343,000 Weichert Title
$350,000 Commonwealth Land Title Ins
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 $993,000
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
09/08/2025 09/08/25 Sold $1,343,000 -1.2% $384 / Sq Ft
07/12/2025 07/12/25 Pending -- -- --
06/05/2025 06/05/25 For Sale $1,359,000 -- $388 / Sq Ft
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 $15,485 $727,000 $302,200 $424,800
2025 $15,485 $727,000 $302,200 $424,800
2024 $14,969 $727,000 $302,200 $424,800
2023 $14,969 $727,000 $302,200 $424,800
2022 $14,729 $727,000 $302,200 $424,800
2021 $14,729 $727,000 $302,200 $424,800
2020 $14,576 $727,000 $302,200 $424,800
2019 $14,344 $727,000 $302,200 $424,800
2018 $13,980 $727,000 $302,200 $424,800
2017 $13,871 $727,000 $302,200 $424,800
2016 $13,631 $727,000 $302,200 $424,800
2015 $13,377 $727,000 $302,200 $424,800
2014 $12,926 $727,000 $302,200 $424,800
Source: Public Records

Agents Affiliated with this Home

  • Susan Oldendorp

    Seller's Agent in 2025

    Susan Oldendorp

    COMPASS NEW JERSEY, LLC

    (201) 400-8714

    510 Total Sales

    Susan Oldendorp
    Section Image

  • M

    Buyer's Agent in 2025

    MARGARET DAWN SMITH

    WEICHERT REALTORS

  • S

    Buyer Co-Listing Agent in 2025

    SUZANNE PERKINS

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3965542

Garden State MLS

APN: 17-01001-0000-00049

New Jersey Morris County Madison 07940

138 Central Ave, Madison, NJ

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