388 E Madison Ave Cresskill, NJ 07626
Estimated Value: $2,070,000 - $3,416,000
6
Beds
8
Baths
7,361
Sq Ft
$407/Sq Ft
Est. Value
About This Home
This home is located at 388 E Madison Ave, Cresskill, NJ 07626 and is currently estimated at $2,995,240, approximately $406 per square foot. 388 E Madison Ave is a home located in Bergen County with nearby schools including Cresskill High School, Spring School, and Lubavitch On The Palisades.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 14, 2023
Sold by
Cummins Robert and Cummins Davida
Bought by
R & D Cummins Llc
Current Estimated Value
Purchase Details
Closed on
Jul 24, 2018
Sold by
Bank Of New York Mellon
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Dec 19, 1996
Sold by
Amazon Acres Ltd
Bought by
Schondorf Jeffrey and Schondorf Nancy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$798,000
Interest Rate
7.48%
Purchase Details
Closed on
Nov 1, 1995
Sold by
Irka Inc
Bought by
Amazon Acres Ltd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.53%
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 Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| R & D Cummins Llc | -- | None Listed On Document | |
| R & D Cummins Llc | -- | None Listed On Document | |
| Wells Fargo Bank Na | $888,000 | -- | |
| Schondorf Jeffrey | $1,595,000 | -- | |
| Amazon Acres Ltd | $400,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cummins Robert D | $1,782,000 | |
| Previous Owner | Cummins Robert | $1,759,680 | |
| Previous Owner | Schondorf Jeffrey | $100,000 | |
| Previous Owner | Schondorf Jeffrey | $1,500,000 | |
| Previous Owner | Schondorf Jeffrey | $1,000,000 | |
| Previous Owner | Schondorf Jeffrey | $798,000 | |
| Previous Owner | Amazon Acres Ltd | $400,000 |
Source: Public Records
Tax History Compared to Growth
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 | $47,226 | $2,138,200 | $459,200 | $1,679,000 |
| 2024 | $46,469 | $2,053,300 | $437,600 | $1,615,700 |
| 2023 | $45,728 | $2,002,100 | $428,600 | $1,573,500 |
| 2022 | $45,728 | $1,899,800 | $391,600 | $1,508,200 |
| 2021 | $45,177 | $1,850,000 | $385,600 | $1,464,400 |
| 2020 | $54,389 | $2,236,400 | $383,100 | $1,853,300 |
| 2019 | $58,042 | $2,411,400 | $381,600 | $2,029,800 |
| 2018 | $41,218 | $2,444,700 | $376,600 | $2,068,100 |
| 2017 | $61,368 | $2,254,500 | $529,100 | $1,725,400 |
| 2016 | $59,541 | $2,254,500 | $529,100 | $1,725,400 |
| 2015 | $57,693 | $2,254,500 | $529,100 | $1,725,400 |
| 2014 | $55,957 | $2,254,500 | $529,100 | $1,725,400 |
Source: Public Records
Map
Nearby Homes