NOT LISTED FOR SALE

157 Central Ave Madison, NJ 07940

Estimated Value: $888,000 - $958,000

3 Beds
1.5 Baths
1,832 Sq Ft
$508/Sq Ft Est. Value

Last Sold March 19, 2020

Last sale price $530,000 $289 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,991/month

99 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 1 Car Detached Garage
  • Central Avenue School Rated A-
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of March 2020

This wonderful home offers a fantastic opportunity to own a colonial in beautiful Madison, NJ. A 3 BR, 1.5 bath w gleaming HW floors, tons of storage & a huge over-sized kit w endless possibilities. Step into the lovely foyer of this 3 bedroom, 1.5 bathroom home with stunning hardwood floors, a spacious open living room that leads to a beautiful dining room and you'll see it's just perfect for entertaining. The extra-deep backyard is completely level which is perfect for a soccer ball, a pitching net or a swing set. It's also just steps to the Midtown direct train, the charming downtown and the top-rated schools of Madison. Take advantage of this once-in-a-lifetime value, it won't last long!

Last Agent to Sell the Property

MARGARET MIGGINS

COMPASS NEW JERSEY, LLC Listed on: 11/06/2019

Last Buyer's Agent

DAVID CASTELLANO

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,851

Year Built

  • Built in 1926

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Front Basement Entry

Schools

  • Central Elementary School
  • Madison Jr Middle School
  • Madison High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2317-01004-0000-00013-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,851

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1926
  • Year Built Description: Approximate
  • County Name: Morris
  • Exclusions: See Listing Agent
  • Street Number Display: 157
  • Directions: Main Street to Central Avenue
  • I D: 4943615
  • Modified: 2021-09-23
  • Number Images: 22
  • First Name: MARGARET
  • First Name3: DAVID
  • Last Name: MIGGINS
  • Last Name3: CASTELLANO
  • Office Phone: 973-376-8990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Non-Functional
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas
  • Number Rooms: 7
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Basement Level Rooms: Laundry Room, Utility Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 12x18
  • Kitchen Level: First
  • Living Room Dim: 25x12
  • Living Room Level: First
  • Other Room 1: Storage Room
  • Other Room1 Dim: 23x24
  • Other Room1 Level: Basement
  • Level 1 Rooms: Living Room, Dining Room, Entrance Vestibule, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Storage Room, Bath Main
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: Central
  • Middle School: Madison Jr
  • High School: Madison
  • High School: Madison
  • Middle Jr High School: Madison Jr

Lot Info

  • Lot Size: 0.2388 AC
  • Assessed Improvement Value: 209200
  • Assessed Land Value: 316100
  • Assessment: 525300
  • Easement: Unknown
  • Lot Identifier: 13
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.24
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9851
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-01004-0000-00013-0000-
  • Tax Rate Amount: 1.923
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Mar 18, 2020
Sold by
Flood Mary A
Bought by
Mancuso Steven
Seller's Agent
MARGARET MIGGINS
COMPASS NEW JERSEY, LLC
Buyer's Agent
DAVID CASTELLANO
BHHS FOX & ROACH
List Price
$549,000
Sold Price
$530,000
Premium/Discount to List
-$19,000
-3.46%
Current Estimated Value
$930,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,254
Avg. Annual Appreciation
10.90%
Original Mortgage
$424,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2018
Sold by
Flood Mary A
Bought by
Flood Mary A

Purchase Details

Closed on
Mar 1, 2008
Sold by
Flood Mary A
Bought by
Flood Mary A

Purchase Details

Closed on
Apr 17, 1997
Sold by
Flood Mary A
Bought by
Flood Mary A and Flood Living Trust
Source: Public Records

Range of Values:

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Average Value
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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
Mancuso Steven $530,000 Associated Title
Flood Mary A -- None Available
Flood Mary A -- None Available
Flood Mary A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mancuso Steven $418,000
Closed Mancuso Steven $424,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2020 03/19/20 Sold $530,000 -3.5% $289 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
11/06/2019 11/06/19 For Sale $549,000 -- $300 / 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
2025 $11,189 $525,300 $316,100 $209,200
2024 $10,816 $525,300 $316,100 $209,200
2023 $10,816 $525,300 $316,100 $209,200
2022 $10,643 $525,300 $316,100 $209,200
2021 $10,643 $525,300 $316,100 $209,200
2020 $10,532 $525,300 $316,100 $209,200
2019 $10,364 $525,300 $316,100 $209,200
2018 $10,102 $525,300 $316,100 $209,200
2017 $10,023 $525,300 $316,100 $209,200
2016 $9,849 $525,300 $316,100 $209,200
2015 $9,166 $525,300 $316,100 $209,200
2014 $8,840 $525,300 $316,100 $209,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    MARGARET MIGGINS

    COMPASS NEW JERSEY, LLC

  • D

    Buyer's Agent in 2020

    DAVID CASTELLANO

    BHHS FOX & ROACH

See All Agents

Map

Source: Garden State MLS

MLS Number: 3599590

Garden State MLS

APN: 17-01004-0000-00013

New Jersey Morris County Madison 07940

157 Central Ave, Madison, NJ

This home is located at 157 Central Ave, Madison, NJ 07940 since 06 November 2019 and is currently estimated at $930,254, approximately $507 per square foot. This property was built in 1926. 157 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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