NOT LISTED FOR SALE

251 Madison Rd Parsippany, NJ 07054

Estimated Value: $536,000 - $630,000

-- Bed
-- Bath
1,884 Sq Ft
$306/Sq Ft Est. Value

About This Home

This home is located at 251 Madison Rd, Parsippany, NJ 07054 and is currently estimated at $576,178, approximately $305 per square foot. 251 Madison Rd is a home located in Morris County with nearby schools including Lake Parsippany Elementary School, Brooklawn Middle School, and Parsippany Hills High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2022
Sold by
Anthony Franzese
Bought by
Franzese Nicole and Franzese Ralph
Current Estimated Value
$576,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$95,828
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$480,350

Purchase Details

Closed on
Oct 3, 2020
Sold by
Rossi Angela Colette and Rossi Angela C
Bought by
Rossi Angela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
3.46%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Dec 29, 1997
Sold by
Franzese Angela C
Bought by
Rossi Angela Colette

Purchase Details

Closed on
Oct 16, 1997
Sold by
Franzese Ralph A
Bought by
Franzese Angela C
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
Franzese Nicole -- New Title Company Name
Rossi Angela C -- Fnc Title Services Llc
Rossi Angela Colette -- --
Franzese Angela C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franzese Nicole $100,000
Previous Owner Rossi Angela C $570,000
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 $9,208 $265,900 $137,100 $128,800
2024 $9,033 $265,900 $137,100 $128,800
2023 $9,033 $265,900 $137,100 $128,800
2022 $8,426 $265,900 $137,100 $128,800
2021 $8,426 $265,900 $137,100 $128,800
2020 $8,227 $265,900 $137,100 $128,800
2019 $8,006 $265,900 $137,100 $128,800
2018 $7,831 $265,900 $137,100 $128,800
2017 $7,655 $265,900 $137,100 $128,800
2016 $7,522 $265,900 $137,100 $128,800
2015 $7,323 $265,900 $137,100 $128,800
2014 $7,227 $265,900 $137,100 $128,800
Source: Public Records

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