NOT LISTED FOR SALE

225 Madison Ave Unit x Morristown, NJ 07960

Estimated Value: $2,250,151

-- Bed
-- Bath
8,856 Sq Ft
$254/Sq Ft Est. Value

About This Home

This home is located at 225 Madison Ave Unit x, Morristown, NJ 07960 and is currently estimated at $2,250,151, approximately $254 per square foot. 225 Madison Ave Unit x is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2025
Sold by
225 Madison Avenue Llc
Bought by
Big Three Legacy Llc
Current Estimated Value
$2,250,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,575,000
Outstanding Balance
$1,565,731
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$684,420

Purchase Details

Closed on
Dec 20, 2010
Sold by
Madison Avenue 225 Llc
Bought by
225 Madison Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2010
Sold by
Griffith Prideaux Realty Co
Bought by
225 Madison Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 2004
Sold by
Prideaux John
Bought by
225 Madison Avenue
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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Big Three Legacy Llc $2,100,000 Prestige Title
Big Three Legacy Llc $2,100,000 Prestige Title
225 Madison Avenue Llc $1,125,000 None Available
225 Madison Avenue Llc $1,125,000 None Available
225 Madison Avenue $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Big Three Legacy Llc $1,575,000
Closed Big Three Legacy Llc $1,575,000
Previous Owner 225 Madison Avenue Llc $1,200,000
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 $34,775 $1,737,000 $762,300 $974,700
2024 $34,827 $1,737,000 $762,300 $974,700
2023 $34,827 $1,737,000 $762,300 $974,700
2022 $33,211 $1,737,000 $762,300 $974,700
2021 $33,211 $1,737,000 $762,300 $974,700
2020 $32,343 $1,737,000 $762,300 $974,700
2019 $31,839 $1,737,000 $762,300 $974,700
2018 $31,492 $1,737,000 $762,300 $974,700
2017 $31,283 $1,737,000 $762,300 $974,700
2016 $30,797 $1,737,000 $762,300 $974,700
2015 $32,390 $1,277,200 $700,000 $577,200
2014 $31,968 $1,277,200 $700,000 $577,200
Source: Public Records

Map

New Jersey Morris County Morristown 07960

225 Madison Ave Unit x, Morristown, NJ

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