NOT LISTED FOR SALE

16 Wayne Blvd Madison, NJ 07940

Estimated Value: $818,000 - $903,000

3 Beds
2.5 Baths
1,452 Sq Ft
$584/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $555,000 $382 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,121/month

33 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Main Floor Primary Bedroom
  • Central Avenue School Rated A
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of July 2020

Conveniently located expanded cape in Madison. NJ Monthly Magazine's #1 Town in NJ for 2020! This 3/4 bdrm,2 full bath home is move in ready complete w/ a finished basement and a fenced in yard. Hardwood floors on 1st level along with two bedrooms and a full bath. Updated kitchen and a light filled space overlooking the yard and park to eat and entertain. Sliders lead to the expansive raised deck overlooking the fenced in yard , simply open your gate and step into the township park which is adjacent to your property. The upper level features a large bdrm, a full bath and a bonus room easily a nursery, office or 4th bdrm. Closets and storage galore throughout. Finished basement w/ spacious laundry area, pocket french doors which separate an area for an office, music, gaming, crafting,
Community
" ranked #1 best place to live in New Jersey by NJ Monthly Magazine - 2020
" Municipal electric utility
" Historic downtown, shops & restaurants
" Christmas Parade
" Memorial Day Parade
" Bottle Hill Day street festival
" Farmers market
" active Recreation Dept
" YMCA, Library
" Museum of Early Trades & Crafts
" Dog park, walking trails
" Community pool
" Arts/Cultural center
" Full time paid Fire Dept with volunteer support
Location
" 1/2 mi from NJ TRANSIT Midtown Direct rail station
" 1/4 mi from schools
" 1/2 mi from downtown
" 1/2 mi to Drew University, NJ Shakespeare Theater
" Easy access to I-287, NJ Route 24
" 3.4 mi to Morristown Memorial Hospital
" 5 mi to Mayo Performing Arts Center

Last Agent to Sell the Property

MaryBeth Tomaro

Keller Williams Realty Central Monmouth License #9131811 Listed on: 05/27/2020

Keller Williams Realty Central Monmouth

Last Buyer's Agent

Michael Farrell

EXP Realty License #1112557

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,468

Year Built

  • Built in 1954

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 70x100
  • Fenced
  • Oversized Lot

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,452 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Awning
  • Blinds
  • Sliding Doors
  • Living Room
  • Sun or Florida Room
  • Utility Room
  • Storm Windows

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom Bathtub Only

Laundry

  • Laundry Room
  • Dryer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Utility Basement
  • Laundry in Basement

Parking

  • No Garage
  • Oversized Parking
  • Covered Parking
  • Double-Wide Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Seller's personal belongings
  • Assessor Parcel Number 17-01102-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,468

Year Built

Built in 1954

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: See Remarks, Other, Fenced Area, Oversized
  • Inclusions: Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Refrigerator, Awnings, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Cape
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Built-Ins, Sliding Door, Breakfast Bar, Recessed Lighting
  • Reso Other Structures: Storage Shed
  • Year Built: 1954
  • Contract Info List PriceSqFt: 440.08
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.18
  • General Property Info Lot Dimensions: 70X100
  • Living Room Floor - Wood2: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Shed: Yes
  • Parking Asphalt: Yes
  • Parking Double Wide Drive: Yes
  • Interior Recessed Lighting: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Window Treatments: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen Sliding Door5: Yes
  • Style Cape: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen Ceramic Tile3: Yes
  • Parking Oversized2: Yes
  • Included Awnings: Yes
  • Laundry Level Basement20: Yes
  • Utility Room Level Basement5: Yes
  • Energy Features Program Thermostat: Yes
  • Energy Features Storm Windows: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Basement Finished: Yes
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Basement3: Yes
  • OtherRoomsOther2: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.18
  • Waterfront: No
  • Exclusions: Seller's personal belongings
  • Exterior Features: Deck, Fence, Part Storage, Shed, Storage
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Asphalt, Covered, Double Wide Drive, Driveway, None
  • General Property Info:Garage: No
  • Parking:Covered2: Yes
  • Parking Driveway: Yes
  • Parking:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 70X100
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 17-01102-0000-00003
  • Zoning Description: Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8468.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Jul 21, 2020
Sold by
Kemp James and Kemp Veronica
Bought by
Garland Julio
Seller's Agent
MaryBeth Tomaro
Keller Williams Realty Central Monmouth
Buyer's Agent
Michael Farrell
EXP Realty
List Price
$639,000
Sold Price
$555,000
Premium/Discount to List
-$84,000
-13.15%
Current Estimated Value
$848,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,634
Avg. Annual Appreciation
7.95%
Original Mortgage
$527,250
Outstanding Balance
$464,700
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$383,934

Purchase Details

Closed on
Jan 30, 1996
Sold by
Genovese Vincent J and Chiarolanzio Christina A
Bought by
Kemp James and Kemp Veronica
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garland Julio $555,000 None Available
Kemp James $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garland Julio $527,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 Sold $555,000 -13.1% $382 / Sq Ft
05/26/2020 05/26/20 For Sale $639,000 -- $440 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $9,142 $429,200 $251,600 $177,600
2024 $8,837 $429,200 $251,600 $177,600
Source: Public Records

Agents Affiliated with this Home

  • MaryBeth Tomaro

    Seller's Agent in 2020

    MaryBeth Tomaro

    Keller Williams Realty Central Monmouth

    (732) 580-1529

    94 Total Sales

    MaryBeth Tomaro
    Section Image
  • Michael Farrell

    Buyer's Agent in 2020

    Michael Farrell

    EXP Realty

    (973) 361-7700

    1 in this area

    80 Total Sales

    Michael Farrell
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22016613

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 17-01102-0000-00003

New Jersey Morris County Madison 07940

16 Wayne Blvd, Madison, NJ

Not Listed for Sale

Detached

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.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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