NOT LISTED FOR SALE

31 E Madison Ave Florham Park, NJ 07932

Estimated Value: $1,927,000 - $2,505,000

5 Beds
5.5 Baths
3,223 Sq Ft
$704/Sq Ft Est. Value

Last Sold March 15, 2016

Last sale price $1,520,000 $472 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $13,984/month

24 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Colonial Architecture
  • Cathedral Ceiling
  • Briarwood Elementary School Rated A-
  • Marble Flooring
  • Great Room

About This Home

As of March 2016

Rare new construction opportunity! Stylish luxury home in premier Florham Park location, named #1 Place to Live & Work by NJ Monthly. Be home for the holidays in 5BR, 5.1BA CHC on prof. landscaped Over 5000 Sqf of Livable SQF. on Huge Lot 134 Ft Frontage Open floor plan with 2-story foyer w/front & back staircase, oak floors w/mahogany inlays,detailed moldings, French doors, Palladian windows, vaulted and coffered ceilings, wet bar. Formal LR & DR. Upper-end chef's center island, granite & high-end appliances adjoins butler's station. Towering 2-story family room w/marble-clad gas fireplace. 1st floor guest suite, 2nd floor master suite w/sitting room,2 walk-in closets, custom marble shower. Princess suite & 2 add'l BR.3rd floor bonus room & full bath overlooks roomy backyard. Renaissance paver walkway

Last Agent to Sell the Property

SEAN SHALLIS

EXP REALTY, LLC Listed on: 10/30/2015

Last Buyer's Agent

MARLENE VEGTER

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,329

Year Built

  • Built in 2015 | Under Construction

Lot Details

  • 0.68 Acre Lot
  • Level Lot
  • Property is zoned R-15

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Siding
  • Composite Building Materials
  • Tile

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Formal Dining Room
  • Laundry Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Soaking Tub
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Briarwood Elementary School
  • Ridgedale Middle School
  • Hanover Pk High School

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2311-03403-0000-00020-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,329

Year Built

Built in 2015 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2015
  • Year Built Description: Under Construction
  • County Name: Morris
  • Directions: Greenwood Avenue to Rockwood Road; Right onto E. Madison Avenue, #31.
  • I D: 4578032
  • First Name: SEAN
  • First Name3: MARLENE
  • Last Name: SHALLIS
  • Last Name3: VEGTER
  • Office Phone: 855-734-8788 Ext 510
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Marble, Wood
  • Fireplace Description: Gas Fireplace, Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Range/Oven-Gas, Refrigerator, Dishwasher, Kitchen Exhaust Fan, Microwave Oven
  • Interior Amenities: Cathedral Ceiling, Fire Extinguisher, Bar-Wet, High Ceilings, Smoke Detector, Carbon Monoxide Detector, Walk-In Closet
  • Bedrooms: 5
  • Master Bedroom Desc: Sitting Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Soaking Tub
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Separate Dining Area, Pantry, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: First
  • Other Room 2: Great Room
  • Other Room2 Level: Third
  • Level 1 Rooms: 1 Bedroom, Foyer, Living Room, Pantry, Family Room, Kitchen, Bath(s) Other, Dining Room, Laundry Room, Powder Room
  • Level 2 Rooms: Bath Main, 4 Or More Bedrooms, Bath(s) Other
  • Level 3 Rooms: Great Room, Bath(s) Other
  • Phone: 973-984-1400

Exterior Features

  • Exterior Description: Composition Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: Central Air, 3 Units
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas-Natural
  • Water: Water Charge Extra, Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Home Warranty: Yes

Schools

  • High School: Hanover PK
  • Middle Jr High School: Ridgedale

Lot Info

  • Lot Size: 134X222
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.68
  • Zoning: R-15

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Assessor Parcel Number: 2311-03403-0000-00020-0000-
  • Tax Rate Amount: 1.378
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Briarwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
Berkowitz Ron and Berkowitz Laurie
Bought by
Berkowitz Ron
Current Estimated Value
$2,268,656

Purchase Details

Listed on
Oct 30, 2015
Closed on
Mar 15, 2016
Sold by
Hib Construction Co Inc
Bought by
Berkowitz Ron and Berkowitz Laurie
Seller's Agent
SEAN SHALLIS
EXP REALTY, LLC
Buyer's Agent
MARLENE VEGTER
WEICHERT REALTORS
List Price
$1,439,000
Sold Price
$1,520,000
Premium/Discount to List
$81,000
5.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$304,600
Interest Rate
3.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 25, 2014
Sold by
Montuori John P and Montuori Barbara
Bought by
Hib Construction Co Inc

Purchase Details

Closed on
Dec 5, 1996
Sold by
Busciglio Lauren R
Bought by
Montuori John P and Montuori Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,400
Interest Rate
9.65%

Purchase Details

Closed on
Nov 14, 1996
Sold by
Sicalowski David R and Busciglio Lauren R
Bought by
Busciglio Lauren R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,400
Interest Rate
9.65%
Source: Public Records

Range of Values:

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Average Value
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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
Berkowitz Ron -- None Listed On Document
Berkowitz Ron -- None Listed On Document
Berkowitz Ron $1,520,000 Fidelity National Title Ins
Hib Construction Co Inc $520,000 Fidelity Natl Title Ins Co
Montuori John P $299,000 --
Busciglio Lauren R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berkowitz Ron $304,600
Previous Owner Montuori John P $179,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2016 03/15/16 Sold $1,520,000 +5.6% $472 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
10/30/2015 10/30/15 For Sale $1,439,000 -- $446 / Sq Ft
Source: Garden State MLS

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 $24,329 $1,498,100 $444,900 $1,053,200
2024 $23,940 $1,498,100 $444,900 $1,053,200
2023 $23,940 $1,498,100 $444,900 $1,053,200
2022 $23,317 $1,498,100 $444,900 $1,053,200
2021 $23,317 $1,457,300 $444,900 $1,012,400
2020 $22,836 $1,457,300 $444,900 $1,012,400
2019 $22,442 $1,457,300 $444,900 $1,012,400
2018 $22,020 $1,457,300 $444,900 $1,012,400
2017 $21,466 $1,457,300 $444,900 $1,012,400
2016 $7,808 $544,900 $444,900 $100,000
2015 $11,175 $793,700 $444,900 $348,800
2014 $10,937 $793,700 $444,900 $348,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    SEAN SHALLIS

    EXP REALTY, LLC

  • M

    Buyer's Agent in 2016

    MARLENE VEGTER

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3263500

Garden State MLS

APN: 11-03403-0000-00020

New Jersey Morris County Florham Park 07932

31 E Madison Ave, Florham Park, NJ

Not Listed for Sale

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