NOT LISTED FOR SALE

318 Main St Madison, NJ 07940

Estimated Value: $513,000

3 Beds
3 Baths
1,591 Sq Ft
$322/Sq Ft Est. Value

About This Home

This home is located at 318 Main St, Madison, NJ 07940 and is currently estimated at $513,000, approximately $322 per square foot. 318 Main St is a home located in Morris County with nearby schools including Kings Road School, Madison Junior School, and Madison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2025
Sold by
Zhang Raymond Fan and Amos Lauren Katherine
Bought by
Hirschman Zackary and Mulhearn Meghan
Current Estimated Value
$513,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,000
Outstanding Balance
$494,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$19,000

Purchase Details

Closed on
Mar 6, 2025
Sold by
Conte Gabriel
Bought by
Zhang Raymond Fan and Amos Lauren Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,600
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2017
Sold by
Hansbrough David L and Hansbrough Tiffany L
Bought by
Conte Gabriel

Purchase Details

Closed on
Aug 16, 2012
Sold by
Odell Thomas G and Odell Susan E
Bought by
Hansbrough David L and Hansbrough Tiffany L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2004
Sold by
Sangastiano Anna
Bought by
Odell Thomas and Odell Susan

Purchase Details

Closed on
Nov 15, 1999
Sold by
Scotto Salvatore and Scotto Concetta
Bought by
Hobbs Bryon B and Hobbs Donna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,873
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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
Hirschman Zackary $520,000 None Listed On Document
Zhang Raymond Fan $507,000 Simplicity Title
Zhang Raymond Fan $507,000 Simplicity Title
Conte Gabriel $384,000 None Available
Hansbrough David L $375,000 Elite Title Group Llc
Odell Thomas $380,000 --
Hobbs Bryon B $200,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hirschman Zackary $494,000
Previous Owner Zhang Raymond Fan $405,600
Previous Owner Hansbrough David L $300,000
Previous Owner Hobbs Bryon B $194,873
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 $7,729 $375,400 $200,000 $175,400
2024 $7,729 $375,400 $200,000 $175,400
2023 $7,729 $375,400 $200,000 $175,400
2022 $7,606 $375,400 $200,000 $175,400
2021 $7,606 $375,400 $200,000 $175,400
2020 $7,527 $375,400 $200,000 $175,400
2019 $7,407 $375,400 $200,000 $175,400
2018 $7,219 $375,400 $200,000 $175,400
2017 $7,163 $375,400 $200,000 $175,400
2016 $7,039 $375,400 $200,000 $175,400
2015 $6,907 $375,400 $200,000 $175,400
2014 $6,675 $375,400 $200,000 $175,400
Source: Public Records

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