2392 Madison Ave Ewing, NJ 08638
Prospect NeighborhoodEstimated Value: $353,000 - $410,000
4
Beds
2
Baths
1,332
Sq Ft
$281/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Wood Flooring
- No HOA
- Deck
- Workshop
- Game Room
About This Home
As of November 2022Invite everyone! 2392 Madison is an updated, move-in ready 1332 SQFT Cape Cod with an exceptional property in Ewing NJ. The crowd-pleasing house features: 4 large/roomy bedrooms - two on main floor and two on upper floor, 2 full baths - large counters, upstairs - dual sinks, clean and dry full basement upgraded with a finished multi-purpose room - walkup and interior entry, welcoming living room, the charming eat-in kitchen has beautifully designed cabinetry with lots of cabinet/storage space, walkout sliding doors lead to a park-like upscale outside entertaining space with multi-season custom deck, spectacular custom paver patio, fire pit, and large fenced yard. The multi-car carport has an extremely useful covered quick entrance to the house/kitchen. The private entrance to the fenced backyard provides secure and easy access. An attached built-in outdoor shed is perfectly located for all outside activities.
2392 Madison’s floor plan will accommodate families, first time buyers, down-sizers, investors, avid travelers, and students of local colleges - anyone looking for an awesome living experience. The clear line of sight to the backyard provides for family security, the cool retro 70’s designed basement multi-use room can be a gamer’s paradise, private schooling area, personal quite space, man-cave or indoor she-shack, sports hang/bar, or even a meditation space. Bedrooms on the first and second floors make guest visits, growing family, and multi-generational living comfortable. Hardwood and luxury vinyl plank flooring throughout the house support the overall use and charisma of each room in the house.The multi-car/truck driveway offers valuable off-street parking.
For Investors - 2392 Madison offers an opportunity to create a profit center with college student tenants or traditional tenants. The area is popular with investors that rent to college students. The potential earning opportunity is significant - by renting to college students the monthly rental income can be calculated per student. Parent-buyers of local college students will love and embrace the quality and low maintenance requirements at 2392 Madison along with it’s easy access and location.
It’s location affords easy access to all the major roads and highways, and airports, that connect New Jersey to New York, Boston, Philadelphia , Wilmington, Baltimore, Washington DC, and the world. The region boasts some of the most celebrated Health Services/Hospital/Doctors in the state, a wide array of houses of worship, outdoor adventure locations, biking and hiking paths, professional sports event venues, performance/music venues, historic landmarks, art installations, theatre, and world renown Universities and private schools. Easy commuter access to The College of New Jersey - TCNJ, Rider University, Princeton University, Mercer County Community College, Westminster Choir College to name a few.
2392 Madison is an affordable, beautifully finished home for anyone looking for that incredibly valuable opportunity, where they may enjoy their best life experiences, everyday. 2392 Madison is a friends and family super destination! Invite everyone!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,530
Year Built
- Built in 1950
Lot Details
- 7,500 Sq Ft Lot
- Lot Dimensions are 50.00 x 150.00
- Extensive Hardscape
- Property is zoned R-2
Home Design
- Cape Cod Architecture
- Block Foundation
- Frame Construction
Interior Spaces
- 1,332 Sq Ft Home
- Property has 3 Levels
- Living Room
- Game Room
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Interior and Rear Basement Entry
- Drainage System
- Sump Pump
- Shelving
- Workshop
- Basement Windows
Parking
- 6 Parking Spaces
- 4 Driveway Spaces
- 2 Attached Carport Spaces
Outdoor Features
- Deck
- Patio
- Outbuilding
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Electric Baseboard Heater
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Prospect Heights Subdivision
Listing and Financial Details
- Tax Lot 00043
- Assessor Parcel Number 02-00040 01-00043
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2022
Closed on
Nov 23, 2022
Sold by
Deblasio Victoria E
Bought by
Geffrard Francoise and Geffrard Roosevelt
Seller's Agent
Anthony McAnany
BHHS Fox & Roach-Princeton Junction
Buyer's Agent
Canetti Hector
Avallon Real Estate Group
List Price
$289,000
Sold Price
$319,900
Premium/Discount to List
$30,900
10.69%
Total Days on Market
9
Views
52
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,139
Avg. Annual Appreciation
3.81%
Original Mortgage
$309,223
Outstanding Balance
$303,235
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$47,508
Purchase Details
Closed on
Jun 30, 2020
Sold by
Narducci Michael J and Narducci Michele M
Bought by
Deblasio Victoria E and Orantes Rudin E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
3.2%
Mortgage Type
New Conventional
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Ewing, NJ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Geffrard Francoise | -- | Fidelity National Title | |
| Deblasio Victoria E | $225,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Geffrard Francoise | $309,223 | |
| Previous Owner | Deblasio Victoria E | $202,500 | |
| Previous Owner | Narducci Michael J | $218,300 | |
| Previous Owner | Narducci Michele M | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/29/2022 11/29/22 | Sold | $319,900 | +10.7% | $240 / Sq Ft |
| 10/11/2022 10/11/22 | Pending | -- | -- | -- |
| 10/01/2022 10/01/22 | For Sale | $289,000 | -- | $217 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,826 | $157,600 | $47,000 | $110,600 |
| 2023 | $5,826 | $157,600 | $47,000 | $110,600 |
| 2022 | $5,669 | $157,600 | $47,000 | $110,600 |
| 2021 | $5,530 | $157,600 | $47,000 | $110,600 |
| 2020 | $5,451 | $157,600 | $47,000 | $110,600 |
| 2019 | $5,310 | $157,600 | $47,000 | $110,600 |
| 2018 | $5,551 | $105,100 | $31,500 | $73,600 |
| 2017 | $5,681 | $105,100 | $31,500 | $73,600 |
| 2016 | $5,604 | $105,100 | $31,500 | $73,600 |
| 2015 | $5,529 | $105,100 | $31,500 | $73,600 |
| 2014 | $5,515 | $105,100 | $31,500 | $73,600 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony McAnany
Seller's Agent in 2022
Anthony McAnany
BHHS Fox & Roach
(609) 954-8669
1 in this area
90 Total Sales
-
Canetti Hector
C
Buyer's Agent in 2022
Canetti Hector
Avallon Real Estate Group
(609) 372-3639
1 in this area
19 Total Sales
Map
Source: Bright MLS
MLS Number: NJME2022886
APN: 02-00040-01-00043
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