NOT LISTED FOR SALE

242 Kings Rd Madison, NJ 07940

Estimated Value: $958,000 - $1,103,000

-- Bed
-- Bath
2,211 Sq Ft
$468/Sq Ft Est. Value

About This Home

This home is located at 242 Kings Rd, Madison, NJ 07940 and is currently estimated at $1,034,654, approximately $467 per square foot. 242 Kings Rd is a home located in Morris County with nearby schools including Kings Road School, Madison Junior School, and Madison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2021
Sold by
Mcdonald Michael J and Mcdonald Sondra M
Bought by
Parker Jonathan and Parker Sarah
Current Estimated Value
$975,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$463,560
Interest Rate
2.93%

Purchase Details

Closed on
May 24, 2021
Sold by
Mcdonald Michael J and Mcdonald Sondra M
Bought by
Parker Jonathan and Parker Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$463,560
Interest Rate
2.93%
Source: Public Records

Range of Values:

Collateral Analytics

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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

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Quantarium

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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
Parker Jonathan $625,000 --
Parker Jonathan $625,000 Ridge Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Jonathan $500,000
Closed Parker Jonathan --
Closed Parker Jonathan $500,000
Previous Owner Mcdonald Michael J $55,000
Previous Owner Mcdonald Michael J $35,000
Previous Owner Mcdonald Michael J $20,000
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
2024 $10,789 $524,000 $273,900 $250,100
2023 $10,789 $524,000 $273,900 $250,100
2022 $10,616 $524,000 $273,900 $250,100
2021 $10,616 $524,000 $273,900 $250,100
2020 $10,506 $524,000 $273,900 $250,100
2019 $10,339 $524,000 $273,900 $250,100
2018 $10,077 $524,000 $273,900 $250,100
2017 $9,998 $524,000 $273,900 $250,100
2016 $9,825 $524,000 $273,900 $250,100
2015 $9,642 $524,000 $273,900 $250,100
2014 $9,317 $524,000 $273,900 $250,100
Source: Public Records

Map

New Jersey Morris County Madison 07940

242 Kings Rd, Madison, NJ

This home is located at 242 Kings Rd, Madison, NJ 07940 and is currently estimated at $1,034,654, approximately $467 per square foot. 242 Kings Rd is a home located in Morris County with nearby schools including Kings Road School, Madison Junior School, and Madison High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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