NOT LISTED FOR SALE

2 Cross Gates Rd Madison, NJ 07940

Estimated Value: $1,901,682 - $2,534,000

5 Beds
3 Baths
-- Sq Ft
0.46 Acres

Last Sold May 03, 2019

Last sale price $1,500,000

Est. 47% increase in value since last sale

Current estimated payment $13,379/month

153 Days on Market

Highlights

  • 0.46 Acre Lot
  • Colonial Architecture
  • Dining Room with Fireplace
  • Kings Road School Rated A
  • Deck
  • Recreation Room

About This Home

As of May 2019

LOCATION! RENOVATION! PRICE! LOW TAXES! What a combination, it doesn't get better than this! Fully renovated (gutted) in 2018, located in the prestigious "Hill" section, just a few blocks from downtown, train and shopping, has everything today's buyer would ever need. 5 Bedrooms, 3 Full Baths, gourmet kitchen opens to a large Family Room with FPL that is drenched in natural light and looks out to an expansive backyard. Master Bedroom with stunning bathroom, His and Hers walk-in closets. Laundry Room located on second floor! The fully finished Basement is a blank canvas for one to create their perfect hang out space. New Walls, Windows, Doors, Roof, Siding, Electric, Plumbing, Furnace, Hot Water Heater. Kitchen and all Bathrooms renovated to the highest standards.

Last Agent to Sell the Property

JODY GILARDI

BROWN HARRIS STEVENS NEW JERSEY Listed on: 09/28/2018

Last Buyer's Agent

FRANCINE ALCORN

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,129

Year Built

  • Built in 1939 | Remodeled

Lot Details

  • 0.46 Acre Lot
  • Open Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Siding
  • Composite Building Materials
  • Tile

Interior Spaces

  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Mud Room
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Schools

  • Kingsroad Elementary School
  • Madison Jr Middle School
  • Madison High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2317-04001-0000-00016-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,129

Year Built

Built in 1939 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1939
  • Year Built Description: Renovated
  • County Name: Morris
  • Directions: Pomeroy to Cross Gates or Woodland to Cross Gates
  • I D: 4840483
  • Section Subdiv Development: The Hill
  • First Name: JODY
  • First Name3: FRANCINE
  • Last Name: GILARDI
  • Last Name3: ALCORN
  • Office Phone3: 249657
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Gas Fireplace, Dining Room, Family Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, CookGas, Dishwasher, Kitchen Exhaust Fan, Microwave Oven
  • Interior Amenities: TubShowr, StallShw, Walk-In Closet, Fire Extinguisher, Carbon Monoxide Detector, Cathedral Ceiling, Smoke Detector
  • 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: Stall Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Utility Room, Storage Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island, Pantry
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: Basement
  • Other Room 2: Bedroom
  • Other Room2 Level: Basement
  • Other Room 3: Bedroom
  • Other Room3 Level: Second
  • Other Room 4: Bedroom
  • Other Room4 Level: First
  • Level 1 Rooms: 1 Bedroom, MudRoom, Pantry, Dining Room, Bath(s) Other, Family Room, Kitchen
  • Level 2 Rooms: Laundry Room, 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Phone: 973-744-6033

Exterior Features

  • Exterior Description: Composition Siding
  • Exterior Features: Patio, Deck, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Additional 1/2 Car Garage, Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Multi-Zone Cooling, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: Madison
  • Middle Jr High School: Madison Jr

Lot Info

  • Lot Size: 109X184 AV
  • Easement: Unknown
  • Lot Description: Open Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.46

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 20129
  • Assessor Parcel Number: 2317-04001-0000-00016-0000-
  • Tax Rate Amount: 1.923
  • Tax Year: 2018

MLS Schools

  • Grade School: KingsRoad

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2018
Closed on
May 2, 2019
Sold by
Mackessy Michael J and Mackessy Lisa D Fiorito
Bought by
Pelkowski Robert J and Pelkowski Dana L
Seller's Agent
JODY GILARDI
BROWN HARRIS STEVENS NEW JERSEY
Buyer's Agent
FRANCINE ALCORN
COLDWELL BANKER REALTY
List Price
$1,549,000
Sold Price
$1,500,000
Premium/Discount to List
-$49,000
-3.16%
Current Estimated Value
$2,201,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$701,171
Avg. Annual Appreciation
6.09%
Original Mortgage
$1,050,000
Outstanding Balance
$919,393
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,281,778

Purchase Details

Listed on
Jun 15, 2016
Closed on
Oct 11, 2016
Sold by
Harrington Harrington J and Harrington Maureen S
Bought by
Mackessy Michael J and Mackessy Lisa D Fiorito
Seller's Agent
JENNIFER NIELSEN
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Pamela Fairley
TURPIN REAL ESTATE, INC.
List Price
$1,289,000
Sold Price
$1,220,000
Premium/Discount to List
-$69,000
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
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
Pelkowski Robert J $1,500,000 Old Republic Title Ins Co
Mackessy Michael J $1,220,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelkowski Robert J $1,050,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2019 05/03/19 Sold $1,500,000 -3.2% --
02/28/2019 02/28/19 Pending -- -- --
09/28/2018 09/28/18 For Sale $1,549,000 +27.0% --
10/11/2016 10/11/16 Sold $1,220,000 -5.4% -- View Prior Sale
06/24/2016 06/24/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $1,289,000 -- --
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
2025 $22,297 $1,046,800 $569,000 $477,800
2024 $21,554 $1,046,800 $569,000 $477,800
2023 $21,554 $1,046,800 $569,000 $477,800
2022 $21,208 $1,046,800 $569,000 $477,800
2021 $21,208 $1,046,800 $569,000 $477,800
2020 $20,988 $1,046,800 $569,000 $477,800
2019 $20,653 $1,046,800 $569,000 $477,800
2018 $19,161 $996,400 $569,000 $427,400
2017 $19,011 $996,400 $569,000 $427,400
2016 $18,683 $996,400 $569,000 $427,400
2015 $18,084 $996,400 $569,000 $427,400
2014 $17,466 $996,400 $569,000 $427,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3505249

Garden State MLS

APN: 17-04001-0000-00016