NOT LISTED FOR SALE

140 Central Ave Madison, NJ 07940

Estimated Value: $1,905,000 - $2,186,000

6 Beds
4.5 Baths
-- Sq Ft
0.56 Acres

Last Sold August 28, 2019

Last sale price $501,000

Est. 312% increase in value since last sale

Current estimated payment $13,032/month

18 Days on Market

Highlights

  • 0.56 Acre Lot
  • Colonial Architecture
  • Home Office
  • Central Avenue School Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of August 2019

Massive 6 bedroom, 5 bathroom colonial with lots of potential to rehab into something great. Close walking distance to schools, down town Madison and restaurants. Enter into a large foyer with living room on your right, kitchen in front and office to your left. The entire floor plan can be replanned and is up to you because it is all down to the beams. Second floor has multiple bedrooms and bathrooms with family room. Lots of windows and sunlight within the home making it bright. Third floor has extra kitchen, bedroom and bathroom. Backyard is large with a small cottage and shed on the property. Cottage is included with property. Fuel type and UT unknown.

Last Agent to Sell the Property

JASON ALAN AMENDOLIA

CENTURY 21 PREFERRED REALTY, INC Listed on: 05/23/2019

Last Buyer's Agent

Donna Mattina

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,772

Year Built

  • Built in 1928

Lot Details

  • 0.56

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Aluminum Siding
  • Tile

Interior Spaces

  • Family Room
  • Living Room
  • Home Office
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Multiple Heating Units

Additional Features

  • Storage Shed
  • 0.56 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 2317-01001-0000-00050-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,772

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1928
  • Year Built Description: Approximate
  • County Name: Morris
  • Possible Other Uses: Home-Office, Professional Use
  • Street Number Display: 140
  • Directions: Main St or Ridgedale Ave to Central Ave
  • I D: 4889811
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: JASON ALAN
  • First Name3: DONNA
  • Last Name: AMENDOLIA
  • Last Name3: MATTINA
  • Office Phone: 973-838-3600
  • Office Phone3: 973-377-4444
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Vinyl-Linoleum, Wood
  • Appliances: Range/Oven-Gas
  • Interior Amenities: TubOnly, TubShowr, StallShw, Fire Alarm Sys, Smoke Detector
  • Number Rooms: 15
  • Bedrooms: 6
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Toilet
  • Kitchen Area: Eat-In Kitchen
  • Level 1 Rooms: Office, Living Room, SittngRm, Bath Main, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: 2 Bedrooms, Bath Main, Family Room, Kitchen
  • Phone: 973-838-3600

Exterior Features

  • Exterior Description: Aluminum Siding, Brick
  • Exterior Features: Storage Shed, Storm Door(s), Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage, Garage Under
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: Wall A/C Unit(s)
  • Heating: 2 Units, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Water: Public Water

Lot Info

  • Lot Size: 0.556 AC
  • Assessed Improvement Value: 512200
  • Assessed Land Value: 360000
  • Assessment: 872200
  • Easement: Unknown
  • Lot Identifier: 50
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.56

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16772
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-01001-0000-00050-0000-
  • Tax Rate Amount: 1.923
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Jul 29, 2019
Sold by
Us Bank Trust Na
Bought by
Ramaiya Parag and Ramaiya Tejal
Seller's Agent
JASON ALAN AMENDOLIA
CENTURY 21 PREFERRED REALTY, INC
Buyer's Agent
Donna Mattina
COLDWELL BANKER REALTY
List Price
$400,000
Sold Price
$501,000
Premium/Discount to List
$101,000
25.25%
Current Estimated Value
$2,064,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,563,271
Avg. Annual Appreciation
26.24%

Purchase Details

Closed on
Aug 25, 2016
Sold by
Lefcovich Ingeborg
Bought by
Us Bank Trust Na and Lsf9 Master Participation Trust

Purchase Details

Closed on
Sep 3, 1998
Sold by
Lefcovich Ingy and Lefcovich Ruth
Bought by
Lefcovich Ingy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
6.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Ramaiya Parag $501,000 Chicago Title Company Llc
Us Bank Trust Na -- None Available
Lefcovich Ingy -- St George Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramaiya Parag $1,095,000
Closed Ramaiya Parag $928,000
Previous Owner Lefcovich Ingy $693,000
Previous Owner Lefcovich Ingy $50,000
Previous Owner Lefcovich Ingy M $345,000
Previous Owner Lefcovich Ingy $318,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2019 08/28/19 Sold $501,000 +25.3% --
06/10/2019 06/10/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $400,000 -- --
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
2025 $21,688 $1,018,200 $360,000 $658,200
2024 $20,965 $1,018,200 $360,000 $658,200
2023 $20,965 $1,018,200 $360,000 $658,200
2022 $17,671 $501,000 $360,000 $141,000
2021 $17,671 $872,200 $360,000 $512,200
2020 $17,488 $872,200 $360,000 $512,200
2019 $17,209 $872,200 $360,000 $512,200
2018 $16,772 $872,200 $360,000 $512,200
2017 $16,642 $872,200 $360,000 $512,200
2016 $16,354 $872,200 $360,000 $512,200
2015 $16,048 $872,200 $360,000 $512,200
2014 $15,508 $872,200 $360,000 $512,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    JASON ALAN AMENDOLIA

    CENTURY 21 PREFERRED REALTY, INC

  • Donna Mattina

    Buyer's Agent in 2019

    Donna Mattina

    COLDWELL BANKER REALTY

    (973) 214-2929

    22 in this area

    60 Total Sales

    Donna Mattina
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3559679

Garden State MLS

APN: 17-01001-0000-00050

New Jersey Morris County Madison 07940

140 Central Ave, Madison, NJ

This home is located at 140 Central Ave, Madison, NJ 07940 since 23 May 2019 and is currently estimated at $2,064,271. This property was built in 1928. 140 Central Ave is a home located in Morris County with nearby schools including Central Avenue School, Madison Junior School, and Madison High School.

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