NOT LISTED FOR SALE

18 Drew Place Madison, NJ 07940

Estimated Value: $1,802,000 - $1,952,000

5 Beds
5 Baths
-- Sq Ft
0.34 Acres

Last Sold August 26, 2020

Last sale price $1,332,000

Est. 40% increase in value since last sale

Current estimated payment $11,611/month

16 Days on Market

Highlights

  • Custom Home
  • Recreation Room
  • Attic
  • Torey J. Sabatini School Rated A
  • Wood Flooring
  • High Ceiling

About This Home

As of August 2020

Beautiful Custom Colonial in a fantastic neighborhood in Madison,voted #1 Town to live in New Jersey!Architectural details and superior quality throughout this 5 BR,3 full / 2 half bath home.  First fl includes chef's kitchen w/granite counters,center island,high end SS appliances, instant hot water.  Kitchen open to large FR w/ gas FP, glass doors leading out to gorgeous stone patio and private backyard.  DR, LR/library, mud room,huge pantry, and powder room complete the 1st fl. 2nd level has 4 BRs including master suite with luxurious master bath. 2 bedrooms are served by a large hall full bath and one bedroom is ensuite. Laundry and lots of storage complete the 2nd level. The third level has a large BR, large closet and huge attic space. Lower level has huge rec rm and  large storage/excercise rm.

Last Agent to Sell the Property

Elizabeth Rutland

KL SOTHEBY'S INT'L. REALTY Listed on: 07/13/2020

KL SOTHEBY'S INT'L. REALTY

Co-Listed By

ELIZABETH HURLEY

KL SOTHEBY'S INT'L. REALTY

Last Buyer's Agent

ROBERT J. PIKE

RE/MAX ACHIEVERS

RE/MAX ACHIEVERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,507

Year Built

  • Built in 2013

Lot Details

  • 0.34 Acre Lot
  • Open Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Custom Home
  • Colonial Architecture
  • Stone Siding
  • Siding
  • Composite Building Materials
  • Tile

Interior Spaces

  • High Ceiling
  • Gas Fireplace
  • Blinds
  • Mud Room
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Home Gym
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Instant Hot Water

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Front Basement Entry
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Schools

  • Torey J. Elementary School
  • Madison Jr Middle School
  • Madison High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Standard Electricity
  • Water Filtration System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2317-04315-0000-00024-0001-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,507

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2013
  • Year Built Description: Approximate
  • County Name: Morris
  • Exclusions: DR Drapes, Solar Battery storage unit in garage
  • Street Number Display: 18
  • Directions: Green Village Rd, Right on Strickland Pl. Left on Drew Place
  • I D: 4995064
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: ELIZABETH
  • First Name2: ELIZABETH
  • First Name3: ROBERT J.
  • Last Name: RUTLAND
  • Last Name2: HURLEY
  • Last Name3: PIKE
  • Office Phone2: 293351
  • Office Phone3: 973-701-1200
  • 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, Dishwasher, Dryer, Instant Hot Water, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump, Washer, Water Filter, Water Softener-Own
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Alarm Sys, High Ceilings, Security System, Smoke Detector, SoakTub, StallTub, TubShowr, Walk-In Closet
  • Number Rooms: 13
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Exercise Room, Powder Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: Third
  • Other Room 2: Rec Room
  • Other Room2 Level: Basement
  • Other Room 3: Laundry Room
  • Other Room3 Level: Second
  • Other Room 4: MudRoom
  • Other Room4 Level: First
  • Level 1 Rooms: Entrance Vestibule, Family Room, Kitchen, Living Room, MudRoom, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Level 3 Rooms: 1 Bedroom, Attic
  • Phone: 973-377-4444

Exterior Features

  • Exterior Description: Composition Siding, Stone
  • Exterior Features: Open Porch(es), Patio, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: Torey J.
  • Middle School: Madison Jr
  • High School: Madison
  • High School: Madison
  • Middle Jr High School: Madison Jr

Lot Info

  • Lot Size: 0.336 AC
  • Assessed Improvement Value: 671200
  • Assessed Land Value: 317500
  • Assessment: 988700
  • Easement: Unknown
  • Lot Description: Open Lot
  • Lot Identifier: 24.1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.34
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 19507
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-04315-0000-00024-0001-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.973
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Torey J.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Aug 12, 2020
Sold by
Moloney William J and Moloney Jenny
Bought by
Englebert Lori Anne and Gonzalez Marcela
Seller's Agent
Elizabeth Rutland
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
ROBERT J. PIKE
RE/MAX ACHIEVERS
List Price
$1,350,000
Sold Price
$1,332,000
Premium/Discount to List
-$18,000
-1.33%
Current Estimated Value
$1,868,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,242
Avg. Annual Appreciation
6.64%
Original Mortgage
$932,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2014
Closed on
Feb 7, 2014
Sold by
La Civita Llc
Bought by
Maloney William J and Maloney Jenny
Seller's Agent
ADRIENNE DESIMONE
DESIMONE REALTY
Buyer's Agent
ADRIENNE DESIMONE
DESIMONE REALTY
Sold Price
$1,149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.28%
Original Mortgage
$749,000
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2013
Sold by
Toto Salvatroe J and Toto Patricia A
Bought by
La Civita Llc
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
Englebert Lori Anne $1,332,000 Green Hill Title Llc
Maloney William J $1,149,000 None Available
La Civita Llc $500,000 Integra Title & Abstract Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Englebert Lori Anne $735,350
Closed Englebert Lori Anne $932,000
Previous Owner Maloney Jenny $200,000
Previous Owner Maloney William $734,000
Previous Owner Maloney William J $749,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $1,332,000 -1.3% --
07/29/2020 07/29/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $1,350,000 +17.5% --
02/07/2014 02/07/14 Sold $1,149,000 -- --
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 $20,357 $988,700 $317,500 $671,200
2023 $20,357 $988,700 $317,500 $671,200
2022 $20,031 $988,700 $317,500 $671,200
2021 $19,823 $988,700 $317,500 $671,200
2020 $19,823 $988,700 $317,500 $671,200
2019 $19,507 $988,700 $317,500 $671,200
2018 $19,013 $988,700 $317,500 $671,200
2017 $18,864 $988,700 $317,500 $671,200
2016 $18,538 $988,700 $317,500 $671,200
2015 $18,192 $988,700 $317,500 $671,200
2014 $17,579 $342,500 $317,500 $25,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3647810

Garden State MLS

APN: 17-04315-0000-00024-01