NOT LISTED FOR SALE

2 Forest Rd Madison, NJ 07940

Estimated Value: $1,459,000 - $1,749,000

5 Beds
5 Baths
-- Sq Ft
0.27 Acres

Last Sold December 18, 2017

Last sale price $999,000

Est. 60% increase in value since last sale

Current estimated payment $9,797/month

9 Days on Market

Highlights

  • Colonial Architecture
  • Family Room with Fireplace
  • Wood Flooring
  • Torey J. Sabatini School Rated A
  • Recreation Room
  • Corner Lot

About This Home

As of December 2017

This spacious 5 bedroom 3.2 bath Colonial is stunning & is set on over a quarter acre in the prestigious Fairwoods neighborhood of Madison just blocks from town, train & schools. Perfect for today's buyer this home has everything & is nicely updated with plenty of detail throughout. The large front porch invites you into this grand home & the living room full of light has a fireplace, built-ins & french doors to the yard. Right off the updated kitchen is the family room, dining room & back stairs. The family room has a gas fireplace. The second floor has 3 bedrooms & two updated full baths, the master boasts 3 closets & an en-suite bath. The third floor has 2 bedrooms & a full bath. A basement, 2 car garage with loft perfect for play & a fenced in yard complete this great home!

Last Agent to Sell the Property

Susan Oldendorp

COMPASS NEW JERSEY, LLC Listed on: 10/31/2017

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

RUDI ANN PABYAN

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,977

Year Renovated

  • 2001

Lot Details

  • 0.27 Acre Lot
  • Corner Lot
  • Level Lot
  • Open Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Updated or Remodeled
  • Clapboard
  • Tile

Interior Spaces

  • High Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Shades
  • Drapes & Rods
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Utility Room
  • Partially Finished Basement

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • 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
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Radiator
  • Standard Electricity
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2317-00203-0000-00010-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,977

Year Renovated

2001

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built Description: Approximate, Renovated
  • County Name: Morris
  • Exclusions: TV in master, family room & brackets remain
  • Directions: Madison Avenue to Morris Place to Forest Road
  • I D: 4756700
  • Section Subdiv Development: Fairwood
  • First Name: SUSAN
  • First Name3: RUDI ANN
  • Last Name: OLDENDORP
  • Last Name3: PABYAN
  • Office Phone: 201-400-8714
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2001

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Gas Fireplace, Family Room, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Refrigerator, OvnWGas, CookGas, Washer, Dishwasher, Self Cleaning Oven, Water Softener-Own, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: Drapes, TubShowr, StallShw, Walk-In Closet, Fire Alarm Sys, Security System, Shades, Carbon Monoxide Detector, High Ceilings
  • 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: Third
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Laundry Room, Utility Room, Storage Room, Powder Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island, Pantry
  • Kitchen Dim: 14x12
  • Kitchen Level: First
  • Living Room Dim: 26x14
  • Living Room Level: First
  • Other Room 1: Foyer
  • Other Room1 Dim: 13x10
  • Other Room1 Level: First
  • Other Room 2: Bedroom
  • Other Room2 Dim: 13x12
  • Other Room2 Level: Third
  • Other Room 3: Rec Room
  • Other Room3 Dim: 30x10
  • Other Room3 Level: Basement
  • Other Room 4: Office
  • Other Room4 Dim: 11x7
  • Other Room4 Level: Second
  • Level 1 Rooms: MudRoom, Foyer, Living Room, Dining Room, Porch, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: Office, 3 Bedrooms, Bath(s) Other
  • Level 3 Rooms: 2 Bedrooms, Bath Main
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: CedarSid, Clapboard
  • Exterior Features: Underground Lawn Sprinkler, Curbs, Open Porch(es), Sidewalk, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Loft Storage, Detached Garage
  • 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
  • Heating: 1 Unit, Radiators - Steam, Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 75X157
  • Easement: Unknown
  • Lot Description: Corner, Level Lot, Open Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.27
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 14977
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-00203-0000-00010-0000-
  • Tax Rate Amount: 1.875
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: Torey J.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2017
Closed on
Dec 10, 2017
Sold by
Montros Fredrick A and Montros Rebecca
Bought by
Rader Jack and Rader Ashley
Seller's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
RUDI ANN PABYAN
BHHS FOX & ROACH
List Price
$1,000,000
Sold Price
$999,000
Premium/Discount to List
-$1,000
-0.1%
Current Estimated Value
$1,595,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596,944
Avg. Annual Appreciation
5.99%
Original Mortgage
$849,150
Outstanding Balance
$715,095
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$880,849

Purchase Details

Listed on
Oct 23, 2015
Closed on
Oct 13, 2015
Sold by
Gephart Stephen and Gephart Nola Zusi
Bought by
Montross Fredrick A and Montross Rebecca W
Seller's Agent
BRENDA RUSSELL
KL SOTHEBY'S INT'L. REALTY
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.36%
Original Mortgage
$760,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2001
Sold by
Sullivan Mary
Bought by
Gephart Stephen and Gephart Nola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,440
Interest Rate
7.2%
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
Rader Jack $999,000 Acres Land Title Agency Inc
Montross Fredrick A $950,000 Commonwealth Land Title Ins
Gephart Stephen $426,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rader Jack $849,150
Previous Owner Montross Fredrick A $760,000
Previous Owner Gephart Stephen $341,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2017 12/18/17 Sold $999,000 -0.1% --
11/09/2017 11/09/17 Pending -- -- --
10/31/2017 10/31/17 For Sale $1,000,000 +5.3% --
10/23/2015 10/23/15 Sold $950,000 -- -- View Prior Sale
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 $17,415 $817,600 $361,700 $455,900
2024 $16,834 $817,600 $361,700 $455,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3428178

Garden State MLS

APN: 17-00203-0000-00010