NOT LISTED FOR SALE

31 Madison Ave East Orange, NJ 07017

Estimated Value: $626,000 - $693,000

4 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold August 12, 2022

Last sale price $530,000

Est. 25% increase in value since last sale

Current estimated payment $4,876/month

31 Days on Market

Highlights

  • Home Theater
  • Recreation Room
  • Den
  • Colonial Architecture
  • Wood Flooring
  • Formal Dining Room

About This Home

As of August 2022

This home is located in the Presidential Estate section of East Orange. The quaint open front porch welcomes you into the cozy living room with a wood-burning fireplace. Continue walking into the dining room and to your delight, you will be wowed by the well-equipped updated kitchen featuring granite countertops, stainless steel appliances tiled backsplash, and more. An office/den with a skylight completes the first floor. Three bedrooms and an updated full bath completed the second floor. The third-floor walk-up attic is finished which can be used as a 4th bedroom. One more surprise is waiting in the fully finished basement with an updated bath with heated floors and a laundry room. All original hardwood floors have been restored. Tankless H/W Heater 2022, HVAC 2021, new windows throughout 2022 with customs blinds. Perfect location,15 min to Newark airport, 10 min to Montclair, and 1 min to GSP. This is the home you have been waiting for! HOME IS SOLD "AS IS' CONDITION WITH NO KNOWN ISSUES.

Last Agent to Sell the Property

ANNE LISA

HEARTH REALTY GROUP LLC Listed on: 05/27/2022

Co-Listed By

WILLIAM WALLACE

HEARTH REALTY GROUP LLC

Last Buyer's Agent

JUANA GALLEGO

KELLER WILLIAMS PARK VIEWS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,589

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • Sound System
  • Dry Bar
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Utility Room

Kitchen

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

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Schools

  • Washington Elementary School
  • J Costley Middle School
  • E Orange High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1605-00316-0000-00012-0008-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,589

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1940
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: Washer and Dryer
  • Renovated Year: 2020
  • Street Number Display: 31
  • Directions: North Arlington to Madison
  • I D: 5152691
  • Modified: 2023-08-13
  • Number Images: 26
  • Section Subdiv Development: Presidential Estates
  • First Name: ANNE
  • First Name2: WILLIAM
  • First Name3: JUANA
  • Last Name: LISA
  • Last Name2: WALLACE
  • Last Name3: GALLEGO
  • Office Phone: 973-913-5055
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Flooring: Laminate, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump
  • Interior Amenities: Bar-Dry, Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, StallTub, Stereo System
  • Number Rooms: 9
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Bath(s) Other, Laundry Room, Media Room, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Level: Basement
  • Other Room 2: Utility Room
  • Other Room2 Level: Basement
  • Other Room 3: Laundry Room
  • Other Room3 Level: Basement
  • Level 1 Rooms: Den, Dining Room, Kitchen, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: 1 Bedroom
  • Phone: 973-913-5055

Exterior Features

  • Exterior Description: CedarSid
  • Exterior Features: Curbs, Open Porch(es), Sidewalk, Storm Window(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: WASHINGTON
  • Middle School: J COSTLEY
  • High School: E ORANGE
  • High School: E ORANGE
  • Middle Jr High School: J COSTLEY

Lot Info

  • Lot Size: 50X100
  • Assessed Improvement Value: 323000
  • Assessed Land Value: 98000
  • Assessment: 421000
  • Lot Description: Level Lot
  • Lot Identifier: 12.08
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11
  • Zoning: Res

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10589
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1605-00316-0000-00012-0008-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 5.541
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: WASHINGTON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Aug 12, 2022
Sold by
Darlene Manning Cherlender
Bought by
Joseph Janice
Seller's Agent
ANNE LISA
HEARTH REALTY GROUP LLC
Buyer's Agent
JUANA GALLEGO
KELLER WILLIAMS PARK VIEWS
List Price
$449,000
Sold Price
$530,000
Premium/Discount to List
$81,000
18.04%
Current Estimated Value
$661,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,660
Avg. Annual Appreciation
7.47%
Original Mortgage
$424,000
Outstanding Balance
$405,912
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$255,748

Purchase Details

Listed on
May 3, 2021
Closed on
Aug 12, 2021
Sold by
Essex Venture Fund I Llc
Bought by
Manning Cher Lender Darlene
Seller's Agent
NICOLE SIMOES
RE/MAX FIRST REALTY II
Buyer's Agent
Lionel Labossiere
RE/MAX FIRST REALTY II
List Price
$365,000
Sold Price
$382,000
Premium/Discount to List
$17,000
4.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.74%
Original Mortgage
$361,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2019
Sold by
Lakeview Loan Servicing Llc
Bought by
Essex Venture Fund I Llc

Purchase Details

Closed on
Jul 2, 2009
Sold by
Moore Reuel and Moore Diane H
Bought by
Mosley Reva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,163
Interest Rate
5.43%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Joseph Janice $530,000 --
Manning Cher Lender Darlene $381,000 Foundation Title Llc
Essex Venture Fund I Llc $191,380 Fortune Title
Mosley Reva $267,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Janice $424,000
Previous Owner Manning Cher Lender Darlene $361,000
Previous Owner Essex Venture Fund I Llc $103,000
Previous Owner Essex Venture Fund I Llc $244,500
Previous Owner Essex Venture Fund I Llc $103,000
Previous Owner Essex Venture Fund I Llc $244,500
Previous Owner Mosley Reva $262,163
Previous Owner Moore Reuel $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $530,000 +18.0% --
06/27/2022 06/27/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $449,000 0.0% --
06/03/2022 06/03/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $449,000 +17.5% --
08/13/2021 08/13/21 Sold $382,000 -4.5% --
05/12/2021 05/12/21 Pending -- -- --
05/08/2021 05/08/21 Price Changed $399,900 +9.6% --
05/03/2021 05/03/21 For Sale $365,000 -- --
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 $15,571 $491,500 $98,000 $393,500
2024 $15,571 $491,500 $98,000 $393,500
2023 $12,234 $491,500 $98,000 $393,500
2022 $12,234 $421,000 $98,000 $323,000
2021 $10,727 $193,600 $80,000 $113,600
2020 $10,590 $193,600 $80,000 $113,600
2019 $10,454 $193,600 $80,000 $113,600
2018 $10,325 $193,600 $80,000 $113,600
2017 $10,036 $193,600 $80,000 $113,600
2016 $9,879 $193,600 $80,000 $113,600
2015 $9,637 $193,600 $80,000 $113,600
2014 $9,502 $193,600 $80,000 $113,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3785090

Garden State MLS

APN: 05-00316-0000-00012-08