NOT LISTED FOR SALE

16 Madison Ave River Edge, NJ 07661

Estimated Value: $446,000 - $628,956

3 Beds
2 Baths
1,877 Sq Ft
$302/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $520,000 $277 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,910/month

9 Days on Market

About This Home

As of July 2023

WELL KEPT HOME IN SOUGHT AFTER RIVER EDGE. VALUE PRICED HOME OFFERS GENEROUS ROOM SIZES, LOTS OF NATURAL LIGHT, CENTRAL AIR, DEAD END STREET. BASEMENT HAS A VERY NICE FINISHED AREA FOR A PLAYROOM OR FAMILY ROOM AND HAS A FULL BATHROOM. KITCHEN IS UPDATED AND HAS A BREAKFAST BAR AND NICELY SIZED DINING ROOM WHICH HAS ACCESS TO THE VERY LARGE BACKYARD DECK. STEPS TO NYC TRANSIT IN A WONDERFUL SOUGHT AFTER SCHOOLS SYSTEM. OVER NIGHT AND ALL DAY STREET PARKING IS PLENTIFUL AND PERMISSIBLE AND NO PERMIT IS REQUIRED. PRICED TO SELL WITH VERY LOW PROPERTY TAXES. WILL NOT LAST!!

Last Agent to Sell the Property

Ellen McCourt

Coldwell Banker, Hillsdale Listed on: 05/31/2023

Coldwell Banker, Hillsdale

Last Buyer's Agent

Gissell Joseph

Keller Williams Village Square Realty

Keller Williams Village Square Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,893

Lot Details

  • 5,724 Sq Ft Lot
  • Lot Dimensions are 53x108
  • Rectangular Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Call Boe Elementary School
  • River Dell Middle School
  • River Dell Regional High School

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00012 / 00616

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,893

Lot Details

0

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: South
  • Co List Office Phone: 201-930-8820
  • MLS Status: Sold - Sold
  • Directions: Kinderkamack Road - Turn East on Madison
  • Reso Fireplace Features: None
  • Year Built Details: 1950's,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Primary Bathroom: No
  • Basement Remarks: PRT.FIN/LAUNDRY/UTILITY

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Vinyl Siding

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Forced Air

Schools

  • Elementary School: CALL BOE
  • High School: River Dell Regional
  • Middle Or Junior School: River Dell M.S.
  • Elementary: CALL BOE

Lot Info

  • Lot Dimensions: 53X108
  • Lot Size Sq Ft: 5724.0

Tax Info

  • Tax Annual Amount: 8893.0
  • Tax Block: 00616
  • Tax Lot: 00012

MLS Schools

  • High School Text: River Dell Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Jul 8, 2023
Sold by
Trinh Nhon Hoc and Trinh Quynhhoa T
Bought by
Medina Margarita and Medina Jaime
Seller's Agent
Ellen McCourt
Coldwell Banker, Hillsdale
Buyer's Agent
Gissell Joseph
Keller Williams Village Square Realty
List Price
$499,000
Sold Price
$520,000
Premium/Discount to List
$21,000
4.21%
Views
91
Current Estimated Value
$566,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,239
Original Mortgage
$476,190
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 18, 2019
Sold by
Hoey Patricia
Bought by
Trinh Nhon H and Nguyen Quynhhoa
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
Medina Margarita $520,000 Carnegie Title
Trinh Nhon H $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Medina Margarita $476,190
Previous Owner Trinh Nhon Hoc $269,800
Previous Owner Hoey Patricia $101,500
Previous Owner Hoey Patricia $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $520,000 +4.2% $277 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $499,000 -- $266 / Sq Ft
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 $9,722 $509,100 $318,000 $191,100
2024 $9,479 $245,200 $140,600 $104,600
2023 $9,072 $245,200 $140,600 $104,600
2022 $9,072 $245,200 $140,600 $104,600
2021 $8,893 $245,200 $140,600 $104,600
2020 $8,754 $245,200 $140,600 $104,600
2019 $8,504 $245,200 $140,600 $104,600
2018 $8,325 $245,200 $140,600 $104,600
2017 $8,244 $245,200 $140,600 $104,600
2016 $8,057 $245,200 $140,600 $104,600
2015 $7,638 $245,200 $140,600 $104,600
2014 $7,653 $245,200 $140,600 $104,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23016391

New Jersey MLS

APN: 52-00616-0000-00012