NOT LISTED FOR SALE

16 Lorraine Rd Madison, NJ 07940

Estimated Value: $1,055,000 - $1,234,400

-- Bed
-- Bath
2,188 Sq Ft
$511/Sq Ft Est. Value

About This Home

This home is located at 16 Lorraine Rd, Madison, NJ 07940 and is currently estimated at $1,118,100, approximately $511 per square foot. 16 Lorraine Rd is a home located in Morris County with nearby schools including Central Avenue School, Madison Junior School, and Madison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2010
Sold by
Atchison Douglas O and Atchison Ann F
Bought by
Araya Arturo and Spaziani Testa Susanna
Current Estimated Value
$1,118,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Outstanding Balance
$241,394
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$876,706
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Araya Arturo $565,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Araya Arturo $365,000
Source: Public Records

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 $13,349 $626,700 $312,800 $313,900
2024 $12,206 $626,700 $312,800 $313,900
2023 $12,206 $592,800 $312,800 $280,000
2022 $12,010 $592,800 $312,800 $280,000
2021 $12,010 $592,800 $312,800 $280,000
2020 $11,886 $592,800 $312,800 $280,000
2019 $11,696 $592,800 $312,800 $280,000
2018 $11,400 $592,800 $312,800 $280,000
2017 $11,311 $592,800 $312,800 $280,000
2016 $11,115 $592,800 $312,800 $280,000
2015 $10,908 $592,800 $312,800 $280,000
2014 $10,540 $592,800 $312,800 $280,000
Source: Public Records

Map

New Jersey Morris County Madison 07940

16 Lorraine Rd, Madison, NJ

This home is located at 16 Lorraine Rd, Madison, NJ 07940 and is currently estimated at $1,118,100, approximately $511 per square foot. 16 Lorraine Rd 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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