NOT LISTED FOR SALE

1700 Madison Ave Lakewood, NJ 08701

-- Bed
-- Bath
5,500 Sq Ft
22.26 Acres

About This Home

This home is located at 1700 Madison Ave, Lakewood, NJ 08701. 1700 Madison Ave is a home located in Ocean County with nearby schools including Lakewood High School, Bais Faiga School For Girls, and Bais Yaakov Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2018
Sold by
Lakewood Plaza 9 Associates Lp
Bought by
Lakewood Madison Plaza Lp and Lakewood Madison Plaza De 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,220,000
Outstanding Balance
$33,192,521
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 1999
Sold by
Lakewood 9 Investors Lp
Bought by
Lakewood Plaza 9 Associates Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,750
Interest Rate
6.78%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Lakewood Madison Plaza Lp $56,000,000 Chicago Title
Lakewood Plaza 9 Associates Lp $24,110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakewood Madison Plaza Lp $38,220,000
Previous Owner Diamond Towers Llc $160,000
Previous Owner Lakewood Plaza 9 Associates L P $0
Previous Owner Lakewood Plaza 9 Associates Lp $18,750
Previous Owner Arc Lakewood-9 Llc $1,800,000
Previous Owner Arc Lakewood-9 Llc $1,030,000
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 $905,658 $36,445,000 $12,243,000 $24,972,000
2024 $861,560 $36,445,000 $12,243,000 $24,972,000
2023 $831,675 $36,445,000 $0 $0
2022 $831,675 $36,445,000 $0 $0
2021 $830,217 $36,445,000 $0 $0
2020 $792,396 $34,876,600 $0 $0
2019 $770,128 $36,000,000 $12,243,000 $23,757,000
2018 $789,731 $36,000,000 $12,243,000 $23,757,000
2017 $779,760 $38,000,000 $12,243,000 $25,757,000
2016 $714,481 $24,385,000 $9,996,000 $14,389,000
2015 $691,315 $24,385,000 $9,996,000 $14,389,000
2014 $655,713 $24,385,000 $9,996,000 $14,389,000
Source: Public Records

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