NOT LISTED FOR SALE

31 E Madison Ave Florham Park, NJ 07932

Florham Park Area

Estimated Value: $1,998,000 - $2,742,000

5 Beds
5.5 Baths
3,223 Sq Ft
$726/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2016

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

Est. 54% increase in value since last sale

Current estimated payment $14,876 / mo

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

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015 | Under Construction

Lot Details

  • 29,621 Sq Ft Lot
  • Level Lot
  • Property is zoned R-15

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Asphalt Shingled Roof
  • Siding
  • Composite Building Materials

Interior Spaces

  • Wet Bar
  • Central Vacuum
  • 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
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble
  • Tile

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

  • Multiple cooling system units
  • 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

Year Built

Built in 2015 | Under Construction

Lot Details

0.68 Acres

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

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

Closed on
Dec 16, 2022
Sold by
Berkowitz Ron and Berkowitz Laurie
Bought by
Current Estimated Value
$2,339,932

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
4.21%
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

Purchase Details

Closed on
Nov 14, 1996
Sold by
Sicalowski David R and Busciglio Lauren R
Bought by
Busciglio Lauren R
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Florham Park, NJ

  • Joseph Eberle Real Estate Agent - WEICHERT REALTORS

    Joseph Eberle

    WEICHERT REALTORS

    (908) 341-1581

    179 Total Sales

    2 in Florham Park

    $725K - $1.3M Price Range

    Joseph Eberle
     Section Image
  • Robin Roth Real Estate Agent - RE/MAX Competitive Edge

    Robin Roth

    RE/MAX Competitive Edge

    (908) 365-0772

    28 Total Sales

    1 in Florham Park

    $750,000 Price

    Robin Roth
     Section Image
  • Tara Rodriguez Real Estate Agent - KELLER WILLIAMS INTEGRITY

    Tara Rodriguez

    Responds Quickly

    KELLER WILLIAMS INTEGRITY

    (973) 381-8082

    109 Total Sales

    1 in Florham Park

    $999,999 Price

    Tara Rodriguez
     Section Image
  • Nancy Chu Real Estate Agent - Keller Williams Realty - NJ Metro Group

    Nancy Chu

    Keller Williams Realty - NJ Metro Group

    (973) 604-6671

    304 Total Sales

    1 in Florham Park

    $710,000 Price

    Nancy Chu
     Section Image
  • Luis Sanchez Real Estate Agent - Keller Williams Realty Central Monmouth

    Luis Sanchez

    Keller Williams Realty Central Monmouth

    (973) 318-1814

    29 Total Sales

    1 in Florham Park

    $913,000 Price

    Luis Sanchez
     Section Image
  • Frank LaMorte Real Estate Agent - LATTIMER REALTY

    Frank LaMorte

    LATTIMER REALTY

    (862) 298-5327

    171 Total Sales

    2 in Florham Park

    $560K - $750K Price Range

    Frank LaMorte
     Section Image
See All Agents

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
-- 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

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 $998,530
Closed Berkowitz Ron $750,000
Previous Owner Berkowitz Ron $304,600
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
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

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 $24,329 $1,498,100 $444,900 $1,053,200
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

  • SS

    Seller's Agent in 2016

    SEAN SHALLIS

    EXP REALTY, LLC

  • MV

    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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.