NOT LISTED FOR SALE

28 Walnut St Madison, NJ 07940

Estimated Value: $2,716,504 - $5,579,000

-- Bed
-- Bath
18,897 Sq Ft
$219/Sq Ft Est. Value

About This Home

This home is located at 28 Walnut St, Madison, NJ 07940 and is currently estimated at $4,147,752, approximately $219 per square foot. 28 Walnut St is a home with nearby schools including Central Avenue School, Madison Junior School, and Madison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2023
Sold by
Walnut Street Lp
Bought by
Borough Of Madison
Current Estimated Value
$4,147,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,963,685
Interest Rate
7.29%
Estimated Equity
$2,184,067

Purchase Details

Closed on
Dec 11, 2023
Sold by
Borough Of Madison
Bought by
Walnut Street Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,963,685
Interest Rate
7.29%
Estimated Equity
$2,184,067

Purchase Details

Closed on
May 30, 2000
Sold by
Raffman Richard A and Raffman Beverly G
Bought by
Borough Of Madison

Purchase Details

Closed on
Jan 10, 1996
Sold by
Raffman Richard A and Raffman Beverly G
Bought by
Raffman Richard A and Raffman Beverly G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Borough Of Madison $200,000 None Listed On Document
Borough Of Madison $200,000 None Listed On Document
Walnut Street Lp -- First American Title
Walnut Street Lp -- First American Title
Borough Of Madison $1,000,000 Chicago Title Insurance Co
Raffman Richard A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walnut Street Lp $2,000,000
Closed Walnut Street Lp $2,000,000
Open Walnut Street Lp $15,735,000
Closed Walnut Street Lp $15,735,000
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 $72,929 $3,423,900 $1,570,000 $1,853,900
2024 -- $3,423,900 $1,570,000 $1,853,900
2023 -- $3,423,900 $1,570,000 $1,853,900
2022 -- $3,423,900 $1,570,000 $1,853,900
2021 $0 $3,423,900 $1,570,000 $1,853,900
2020 $0 $3,423,900 $1,570,000 $1,853,900
2019 $0 $3,423,900 $1,570,000 $1,853,900
2018 $0 $3,423,900 $1,570,000 $1,853,900
2017 $0 $3,423,900 $1,570,000 $1,853,900
2016 $0 $3,423,900 $1,570,000 $1,853,900
2015 -- $3,423,900 $1,570,000 $1,853,900
2014 -- $3,423,900 $1,570,000 $1,853,900
Source: Public Records

Map

New Jersey Morris County Madison 07940

28 Walnut St, Madison, NJ

Not Listed for Sale

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