NOT LISTED FOR SALE

17 Essex Place Madison, NJ 07940

Estimated Value: $1,097,000 - $1,270,000

4 Beds
2.5 Baths
2,676 Sq Ft
$455/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $900,000 $336 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,671/month

22 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Cathedral Ceiling
  • Kings Road School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of February 2023

Welcome to this wonderful colonial De Marzo built home on a quite street and close to the midtown direct train, town, restaurants, schools and all transportation! The first floor boasts a spacious formal living room and formal dining room with hardwood floors. The kitchen features a center island and is open to the sun filled family room with a gas fireplace, cathedral ceiling and glass sliding doors leading to the private deck. The kitchen and family room opens to the spacious den, also with hardwood floors along with an updated powder room and laundry room with a door leading to the deck. The second floor features four bedrooms, one being a large master en-suite that has been updated with a large glass shower, large soaking tub, radiant heated floor, hard wired heated towel rack and an updated huge California style walk in closet. The three other spacious bedroom have double closets and hardwood floors. The finished basement has a recreation room with a kitchen/gas range/ sink and bar with plenty of storage. The deck and backyard are in a very private setting for your entertaining. Leased solar panels. There is also a two car garage.

Last Agent to Sell the Property

PEGGY LEE PETERSON

COLDWELL BANKER REALTY Brokerage Phone: 201-572-9773 Listed on: 10/24/2022

Last Buyer's Agent

ANA DE FIGUEIREDO

SERHANT NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,088

Year Built

  • Built in 1973

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • Cathedral Ceiling
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Soaking Tub
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2317-05201-0000-00008-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,088

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1973
  • Year Built Description: Standing
  • County Name: Morris
  • Street Number Display: 17
  • Directions: Main Street to Union to Essex Place
  • I D: 5170757
  • Modified: 2024-02-11
  • Number Images: 44
  • First Name: PEGGY LEE
  • First Name3: ANA
  • Last Name: PETERSON
  • Last Name3: DE FIGUEIREDO
  • Office Phone3: 973-921-1111
  • Attribution Contact: 201-572-9773
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Disposal, Kitchen Exhaust Fan, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, OvnWGas
  • Interior Amenities: Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, Security System, Smoke Detector, SoakTub, StallShw, TubOnly, Walk-In Closet
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen
  • Kitchen Dim: 15x14
  • Kitchen Level: First
  • Living Room Dim: 19x13
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 12x5
  • Other Room1 Level: First
  • Other Room 2: Foyer
  • Other Room2 Dim: 13x7
  • Other Room2 Level: First
  • Other Room 3: Rec Room
  • Other Room3 Dim: 25x25
  • Other Room3 Level: Basement
  • Other Room 4: Utility Room
  • Other Room4 Dim: 11x9
  • Other Room4 Level: Basement
  • Level 1 Rooms: Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Living Room, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Phone: 973-377-4444

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Curbs, Deck, Storage Shed, FencVnyl
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural, SolarLse
  • Heating: 1 Unit, Forced Hot Air, Humidifr, Radiant - Hot Water
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 75X127
  • Assessed Improvement Value: 345600
  • Assessed Land Value: 257300
  • Assessment: 602900
  • Lot Identifier: 8
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.22

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12088
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-05201-0000-00008-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.026
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Feb 6, 2023
Sold by
Delavan Erin Mark
Bought by
Longhi Olimpio and Soares Rodrigues Leandra
Seller's Agent
PEGGY LEE PETERSON
COLDWELL BANKER REALTY
Buyer's Agent
ANA DE FIGUEIREDO
SERHANT NEW JERSEY LLC
List Price
$899,900
Sold Price
$900,000
Premium/Discount to List
$100
0.01%
Views
97
Current Estimated Value
$1,217,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,925
Avg. Annual Appreciation
9.30%
Original Mortgage
$720,000
Outstanding Balance
$701,307
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$425,828

Purchase Details

Listed on
Mar 21, 2013
Closed on
Mar 20, 2013
Sold by
Hermanson Marden E
Bought by
Delavan Erin Mark and Delavan Karen M
Buyer's Agent
PEGGY LEE PETERSON
COLDWELL BANKER REALTY
Sold Price
$802,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.16%
Original Mortgage
$592,500
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 27, 2005
Sold by
Odougherty Thomas F
Bought by
Hermanson Marden E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 1997
Sold by
Rosa Salvatore S and Rosa Joan
Bought by
Odougherty Thomas F and Odougherty Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.46%
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
Longhi Olimpio $900,000 First American Title
Delavan Erin Mark $802,500 Agent For Chicago Title Insu
Hermanson Marden E $756,000 --
Odougherty Thomas F $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Longhi Olimpio $720,000
Previous Owner Delavan Erin Mark $592,500
Previous Owner Hermanson Marden Edgerly $150,000
Previous Owner Hermanson Marden E $450,000
Previous Owner Odougherty Thomas F $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $900,000 0.0% $336 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
10/24/2022 10/24/22 For Sale $899,900 +12.1% $336 / Sq Ft
03/21/2013 03/21/13 Sold $802,500 -- $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
2024 $12,414 $626,000 $257,300 $368,700
2023 $12,414 $602,900 $257,300 $345,600
2022 $12,215 $602,900 $257,300 $345,600
2021 $12,215 $602,900 $257,300 $345,600
2020 $12,088 $602,900 $257,300 $345,600
2019 $11,895 $602,900 $257,300 $345,600
2018 $11,594 $602,900 $257,300 $345,600
2017 $11,503 $602,900 $257,300 $345,600
2016 $11,304 $602,900 $257,300 $345,600
2015 $11,093 $602,900 $257,300 $345,600
2014 $10,720 $602,900 $257,300 $345,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3814222

Garden State MLS

APN: 17-05201-0000-00008