NOT LISTED FOR SALE

323 E Madison Ave Cresskill, NJ 07626

Estimated Value: $2,599,000 - $2,858,000

8 Beds
7 Baths
-- Sq Ft
1 Acres

Last Sold August 15, 2022

Last sale price $2,011,000

Est. 36% increase in value since last sale

Current estimated payment $18,169/month

80 Days on Market

Highlights

  • 43,390 Sq Ft lot
  • Multiple Fireplaces
  • En-Suite Primary Bedroom
  • Cresskill High School Rated A
  • Stairway
  • Central Air

About This Home

As of August 2022

Expansive 8-BR Colonial on close to an acre in Cresskill. Two-story entry with soaring ceiling and winding staircase. Large living room with French doors to spacious office. Bright, open great room including fireplace, wet bar and doors to deck. Gourmet kitchen is complete with granite countertops, custom cabinets, large center island, walk-in pantry, stainless appliances and built-in desk. Banquet-sized dining room. Two spacious bedrooms, full bath, laundry rm and half bath. 2nd level offers luxurious primary ste including fireplace, balcony, dressing room, walk-in-closets, and primary bath with separate shower and tub. Large bedroom with French doors and balcony. Spacious Junior suite including updated full bath. Two additional guest rooms and an updated full bath completes this level. Finished walk-out lower level offers with recreation room, den with fireplace, 2 bonus rooms, bedroom, theater room, gym, full bath and half bath. Lush property with fenced-in backyard and deck.

Last Agent to Sell the Property

Paula Clark

Keller Williams Valley Realty Listed on: 03/18/2022

Keller Williams Valley Realty

Last Buyer's Agent

Jenny Viteritti

Prominent Properties Sotheby's International Realty-Alpine

Prominent Properties Sotheby's International Realty-Alpine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,054

Lot Details

  • 1 Acre Lot
  • Rectangular Lot

Parking

  • 3 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Accessible Home Design

  • Stairway

Schools

  • Cresskill High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00001 / 00091

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,054

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: Sunrise, Sunset
  • Co List Office Phone: 201-391-2500
  • Outside Inclusions: TBD
  • MLS Status: Sold - Sold
  • Directions: Knickerbocker Rd to Madison Ave to E Madison Ave
  • Reso Fireplace Features: 4 Fireplaces
  • Year Built Details: 1990's
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Grd Lv Acces
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Primary Bathroom: Yes

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas, Zoned

Schools

  • High School: Cresskill H.S.

Lot Info

  • Lot Dimensions: .9961 AC
  • Lot Size Sq Ft: 43390.0

Tax Info

  • Tax Annual Amount: 47054.0
  • Tax Block: 00091
  • Tax Lot: 00001

MLS Schools

  • High School Text: Cresskill H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
Aug 9, 2022
Sold by
Acharya Seetharama and Acharya Belur N
Bought by
Jain Dr Narpat and Jain Archana
Seller's Agent
Paula Clark
Keller Williams Valley Realty
Buyer's Agent
Jenny Viteritti
Prominent Properties Sotheby's International Realty-Alpine
List Price
$2,398,777
Sold Price
$2,011,000
Premium/Discount to List
-$387,777
-16.17%
Current Estimated Value
$2,735,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$724,903
Avg. Annual Appreciation
9.59%
Original Mortgage
$1,600,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 1993
Sold by
Hills Aj Corp
Bought by
Seetharama Acharya
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jain Dr Narpat $2,011,000 First American Title
Jain Dr Narpat $2,011,000 First American Title
Seetharama Acharya $402,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jain Dr Narpat $1,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2022 08/15/22 Sold $2,011,000 -16.2% --
06/06/2022 06/06/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $2,398,777 -- --
Source: New Jersey 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 $46,012 $2,083,800 $457,100 $1,626,700
2024 $45,246 $2,000,500 $435,600 $1,564,900
2023 $44,510 $1,949,400 $426,600 $1,522,800
2022 $44,510 $1,849,200 $389,600 $1,459,600
2021 $43,948 $1,800,000 $383,600 $1,416,400
2020 $47,054 $1,934,800 $381,100 $1,553,700
2019 $45,974 $1,910,000 $379,600 $1,530,400
2018 $33,612 $1,993,600 $374,600 $1,619,000
2017 $45,321 $1,665,000 $523,900 $1,141,100
2016 $47,538 $1,800,000 $523,900 $1,276,100
2015 $46,062 $1,800,000 $523,900 $1,276,100
2014 $44,676 $1,800,000 $523,900 $1,276,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22008936

New Jersey MLS

APN: 08-00091-04-00001