NOT LISTED FOR SALE

16 E Madison Ave Dumont, NJ 07628

Estimated Value: $893,060

-- Bed
-- Bath
-- Sq Ft
6,752 Sq Ft Lot

Last Sold March 25, 2022

Last sale price $780,000

Est. 14% increase in value since last sale

Current estimated payment $6,612/month

118 Days on Market

About This Home

As of March 2022

Great Opportunity to buy a Mixed use 5 unit in the heart of Dumont. Two stores and three large 2 bedroom apartments with separate utilities. 2nd floor left (west side of building) $1,125. 2nd floor right (east side of building) $1,175. 1st floor back- $1,375. 1st floor- Rohr's Coffee- $1,107. 1st Floor- Madison Lux boutique- $550. Great opportunity to acquire a mixed use income property in the prime area!

Last Agent to Sell the Property

Bill Beckett

McSpirit & Beckett Real Estate Listed on: 08/10/2021

Last Buyer's Agent

Lili Wang

United Real Estate

United Real Estate

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $18,776

Lot Details

  • 6,752

Home Design

  • Asphalt

Property Details

Property Type

Other

Est. Annual Taxes

$18,776

Lot Details

0

Listing Details

  • Property Type: 5+ Mixed Use
  • Co List Office Phone: (201) 569-6300
  • MLS Status: Sold - Sold
  • Directions: Washington to Madison
  • Year Built Details: Pre 1900,Build Prior to 1978
  • PropertySubTypeAdditional: Rtl/Apt
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Roof: Asphalt, Peaked

Lot Info

  • Lot: 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Jan 24, 2022
Sold by
Boland Eunice
Bought by
New Y & J Llc
Seller's Agent
Bill Beckett
McSpirit & Beckett Real Estate
Buyer's Agent
Lili Wang
United Real Estate
List Price
$849,000
Sold Price
$780,000
Premium/Discount to List
-$69,000
-8.13%
Current Estimated Value
$893,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,060
Avg. Annual Appreciation
4.09%
Original Mortgage
$470,000
Interest Rate
5.55%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
New Y & J Llc $780,000 Clear Skies Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner New Y & J Llc $470,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $780,000 -8.1% --
12/06/2021 12/06/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $849,000 -- --
Source: New Jersey 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 $20,658 $836,100 $337,800 $498,300
2024 $19,805 $508,200 $202,700 $305,500
2023 $19,396 $499,500 $202,700 $296,800
2022 $19,396 $499,500 $202,700 $296,800
2021 $19,301 $499,500 $202,700 $296,800
2020 $18,776 $499,500 $202,700 $296,800
2019 $18,327 $499,500 $202,700 $296,800
2018 $17,952 $499,500 $202,700 $296,800
2017 $17,607 $499,500 $202,700 $296,800
2016 $17,198 $499,500 $202,700 $296,800
2015 $16,803 $499,500 $202,700 $296,800
2014 $16,474 $499,500 $202,700 $296,800
Source: Public Records

Agents Affiliated with this Home

  • Bill Beckett

    Seller's Agent in 2022

    Bill Beckett

    McSpirit & Beckett Real Estate

    (201) 281-0151

    9 in this area

    37 Total Sales

    Section Image

  • L

    Buyer's Agent in 2022

    Lili Wang

    United Real Estate

    (201) 893-1133

    3 in this area

    19 Total Sales

    Section Image
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Map

Source: New Jersey MLS

MLS Number: 21032615

New Jersey MLS

APN: 10-00909-0000-00013

New Jersey Bergen County Dumont 07628

16 E Madison Ave, Dumont, NJ

This home is located at 16 E Madison Ave, Dumont, NJ 07628 since 10 August 2021 and is currently estimated at $893,060. 16 E Madison Ave is a home located in Bergen County with nearby schools including Dumont High School and Institute For Educational Achievement.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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