NOT LISTED FOR SALE

25 Cross Gates Rd Madison, NJ 07940

Estimated Value: $2,587,000 - $2,853,000

5 Beds
4 Baths
3,871 Sq Ft
$701/Sq Ft Est. Value

Last Sold December 02, 2024

Last sale price $2,500,000 $646 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $16,716/month

14 Days on Market

About This Home

As of December 2024

This home is located at 25 Cross Gates Rd, Madison, NJ 07940 since 26 October 2024 and is currently estimated at $2,712,381, approximately $700 per square foot. This property was built in 1939. 25 Cross Gates Rd is a home located in Morris County with nearby schools including Kings Road School, Madison Junior School, and Madison High School.

Last Agent to Sell the Property

HALLEE DANGLER

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 10/26/2024

Last Buyer's Agent

Susan Oldendorp

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 0.56 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0.56 Acres

Listing Details

  • Year Built: 1939
  • County Name: Morris
  • I D: 5321148
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.30

Lot Info

  • Lot Size: 130X195
  • Total Acres: 0.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2024
Closed on
Nov 22, 2024
Sold by
Coleman Kevin P and Watson Morgan
Bought by
Orourke Patrick and Orourke Kathleen
Seller's Agent
HALLEE DANGLER
PROMINENT PROPERTIES SIR
Buyer's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
List Price
$2,550,000
Sold Price
$2,500,000
Premium/Discount to List
-$50,000
-1.96%
Views
16
Current Estimated Value
$2,712,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,381
Avg. Annual Appreciation
6.97%
Original Mortgage
$1,875,000
Outstanding Balance
$1,854,049
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$858,332

Purchase Details

Listed on
Jun 17, 2015
Closed on
Jun 16, 2015
Sold by
Crosby Brian Douglas and Crosby Tiffany M
Bought by
Coleman Kevin P and Fauth Coleman W Morgan
Seller's Agent
BERNADETTE MCDONOUGH
WEICHERT REALTORS
Buyer's Agent
Monica Berger
COLDWELL BANKER REALTY
Sold Price
$2,025,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.25%
Original Mortgage
$1,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2005
Sold by
Siedem Elliston
Bought by
Crosby Brian and Crosby Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,640,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 29, 2000
Sold by
Crosby John G and Crosby Joan K
Bought by
Siedem Peter Mark and Siedem Elliston H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Orourke Patrick $2,500,000 Simplicity Title
Orourke Patrick $2,500,000 Simplicity Title
Orourke Patrick $2,500,000 Simplicity Title
Coleman Kevin P $2,025,000 Chicago Title Insurance Co
Crosby Brian $2,050,000 --
Siedem Peter Mark $1,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orourke Patrick $1,875,000
Closed Orourke Patrick $1,875,000
Previous Owner Coleman Kevin P $1,000
Previous Owner Crosby Brian $1,640,000
Previous Owner Siedem Peter Mark $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2024 12/02/24 Sold $2,500,000 -2.0% $646 / Sq Ft
11/09/2024 11/09/24 Pending -- -- --
10/26/2024 10/26/24 For Sale $2,550,000 +25.9% $659 / Sq Ft
06/17/2015 06/17/15 Sold $2,025,000 -- $523 / Sq Ft View Prior Sale
Source: Garden State MLS

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 $32,911 $1,545,100 $599,500 $945,600
2024 $32,843 $1,545,100 $599,500 $945,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3931408

Garden State MLS

APN: 17-04004-0000-00028

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