NOT LISTED FOR SALE

3 Park Ln Madison, NJ 07940

Estimated Value: $2,837,987 - $3,517,000

6 Beds
8 Baths
-- Sq Ft
0.65 Acre Lot

Sale Details

Date Sold: April 16, 2021

Last sale price $2,500,000

Est. 27% increase in value since last sale

Current estimated payment $19,848 / mo

80 Days on Market

Highlights

  • Custom Home
  • 0.65 Acre Lot
  • Recreation Room
  • Kings Road School Rated A
  • Family Room with Fireplace
  • 1-minute walk to Niles Park

About This Home

As of April 2021

Newly 6,000+ sq ft three-story rebuilt custom home by R.P. Bennett. Perched on .65 acre on one of the most sought-after exclusive streets in Madison, NJ. Ideally situated just minutes from the Midtown Direct train station. This home's custom exterior blends old world w/ new. Wide plank oak floors throughout, Two Connecticut Fieldstone full masonry fireplaces, vaulted ceilings, Gourmet kitchen w/ Quartz counter tops, expansive center island, custom cabinets, Sub-Zero 24-inch wine refrigerator, double dishwashers and a microwave drawer, espresso bar, 48-inch Wolf six-burner gas range/oven & 48-inch Sub-Zero refrigerator, First floor guest/au pair suite, Custom Board & Batten shutters, Blue Stone patio, built in gas grill perfect for entertaining coupled with a second floor balcony overlooking the serene

Last Agent to Sell the Property

Danielle L Bennett

KELLER WILLIAMS REALTY Listed on: 12/05/2020

KELLER WILLIAMS REALTY

Last Buyer's Agent

MICHELLE PAIS

SIGNATURE REALTY NJ

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941 | Remodeled

Lot Details

  • 28,314 Sq Ft Lot
  • Level Lot
  • Open Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Home Design

  • Custom Home
  • Colonial Architecture
  • Asphalt Shingled Roof
  • Clapboard

Interior Spaces

  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Stone
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • French Drain
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Outdoor Grill

Additional Homes

  • Separate Entry Quarters

Schools

  • Kingsroad Elementary School
  • Madison Middle School
  • Madison High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Hot Water Baseboard Heater
  • Radiant Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2317-04601-0000-00004-0000-

Home Details

Home Type

Single Family

Year Built

Built in 1941 | Remodeled

Lot Details

0.65 Acres

Parking

3

Listing Details

  • Style: Custom Home, Colonial
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1941
  • Year Built Description: Renovated
  • County Name: Morris
  • Directions: Woodland Rd. to Garfield Avenue to Park Lane #3
  • I D: 5036029
  • Section Subdiv Development: Hill
  • First Name: DANIELLE L
  • First Name3: MICHELLE
  • Last Name: BENNETT
  • Last Name3: PAIS
  • Office Phone: 908-273-2991
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Flooring: Marble, Stone, Tile, Wood
  • Fireplace Description: Family Room, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, WineRefr
  • Interior Amenities: Carbon Monoxide Detector, Cathedral Ceiling, High Ceilings, Skylight, Smoke Detector, SoakTub, StallShw, TubShowr, Walk-In Closet
  • Bedrooms: 6
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 6.20
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Crawl Space, Finished, French Drain, Full
  • Basement Level Rooms: Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath, SepEnter
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry
  • Kitchen Dim: 18x17
  • Kitchen Level: First
  • Living Room Dim: 18x14
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 14x11
  • Other Room1 Level: Second
  • Other Room 2: Bedroom
  • Other Room2 Dim: 12x12
  • Other Room2 Level: First
  • Other Room 3: Bathroom
  • Other Room3 Dim: 19x14
  • Other Room3 Level: Second
  • Other Room 4: MaidQrtr
  • Other Room4 Dim: 15x12
  • Other Room4 Level: Third
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Dining Room, Family Room, Foyer, GarEnter, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Walkout
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other, SittngRm
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Clapboard
  • Exterior Features: Barbeque, Patio, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 3
  • Number Parking Spaces: 8
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Baseboard - Hotwater, Forced Hot Air, Radiant - Hot Water
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Home Warranty: Yes

Schools

  • High School: Madison
  • Middle Jr High School: Madison

Lot Info

  • Lot Size: 127X223 AV
  • Lot Description: Level Lot, Open Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.65
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Assessor Parcel Number: 2317-04601-0000-00004-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.973
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: KingsRoad

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2020
Closed on
Apr 16, 2021
Sold by
Bought by
Seller's Agent
Danielle L Bennett
KELLER WILLIAMS REALTY
Buyer's Agent
MICHELLE PAIS
SIGNATURE REALTY NJ
List Price
$2,595,000
Sold Price
$2,500,000
Premium/Discount to List
-$95,000
-3.66%
Current Estimated Value
$3,176,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$676,329
Avg. Annual Appreciation
4.68%
Original Mortgage
$1,750,000
Interest Rate
0.0175%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
0.045%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,500,000 None Listed On Document
$1,160,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,750,000
Previous Owner $1,350,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $2,500,000 -3.7% --
02/23/2021 02/23/21 Pending -- -- --
12/05/2020 12/05/20 For Sale $2,595,000 -- --
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $35,897 $1,685,300 $754,300 $931,000
2025 $35,897 $1,685,300 $754,300 $931,000
2024 $34,700 $1,685,300 $754,300 $931,000
2023 $34,700 $1,685,300 $754,300 $931,000
2022 $24,698 $1,224,400 $754,300 $470,100
2021 $24,698 $1,224,400 $754,300 $470,100
2020 $24,549 $1,224,400 $754,300 $470,100
2019 $24,157 $1,224,400 $754,300 $470,100
2018 $23,545 $1,224,400 $754,300 $470,100
2017 $23,362 $1,224,400 $754,300 $470,100
2016 $22,958 $1,224,400 $754,300 $470,100
2015 $22,529 $1,224,400 $754,300 $470,100
2014 $21,770 $1,224,400 $754,300 $470,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3681862

Garden State MLS

APN: 17-04601-0000-00004

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