NOT LISTED FOR SALE

388 E Madison Ave Cresskill, NJ 07626

Estimated Value: $2,288,000 - $3,391,787

6 Beds
7.5 Baths
-- Sq Ft
1.02 Acres

Last Sold January 07, 2020

Last sale price $1,500,000

Est. 97% increase in value since last sale

Current estimated payment $20,171/month

138 Days on Market

Highlights

  • 44,218 Sq Ft lot
  • Colonial Architecture
  • Attached Garage
  • Cresskill High School Rated A
  • Fireplace
  • En-Suite Primary Bedroom

About This Home

As of January 2020

LOCATED JUST 21 MILES OUTSIDE OF NYC. THIS 6 BEDROOM, 7.5 BATH HOUSE OFFERS APPROXIMATELY OVER 7,000 SQ. FT OF LIVING SPACE ON AN ACRE OF LAND. THIS LOVELY ALL BRICK COLONIAL ESTATE, CUSTOM BUILT HOUSE OFFERS A LIBRARY W/FIREPLACE, LARGE LIVING ROOM W/FPL, LARGE EAT-IN KITCHEN W/FRENCH DOORS TO PATIO AREA W/BUILT IN GRILL. MASTER BEDROOM OFFERS SITTING AREA W/FIREPLACE, FORMAL DINING ROOM, EXERCISE ROOM, REC ROOM AND LARGE OUTDOOR POOL. THIS HOME JUST NEEDS YOUR DECORATIVE TOUCH TO MAKE IT EVEN MORE FABULOUS! SOLD IN AS-IS CONDITION BUYER RESPONSIBLE FOR ALL TOWN CERTS(CARBON/SMOKE & CO).

Last Agent to Sell the Property

Arun Thomas

Public Trust Realty Group Listed on: 06/27/2019

Last Buyer's Agent

William Rosa

Exclusive Properties Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,649

Lot Details

  • 1.02 Acre Lot
  • Rectangular Lot

Parking

  • Attached Garage

Home Design

  • Built in the 1990s
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 020800091000600010

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,649

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: None
  • Lifestyle: None
  • Miscellaneous: None
  • Views/Exposure: None
  • Year Built: 1990's
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 14
  • Fireplace: 5 Fireplaces
  • Bedrooms: 6
  • Total Bathrooms: 7.10
  • Primary Bathroom: Y
  • Full Bathrooms: 7
  • Partial Bathroom: 1
  • Basement: Finished, Full

Exterior Features

  • Exterior: Brick
  • Waterfront: None

Garage/Parking

  • Garage: 3+car, Attached

Utilities

  • Heating: Gas, Multi-Zone
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air, Multi-Zone

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: BERGEN
  • Locale: 100
  • Lot: 00010
  • Lot Description: Regular
  • Estimated Lot Sq Ft: 44218

Tax Info

  • Tax: 58649
  • Assessor Parcel Number: 020800091000600010

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
$2,951,197

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%
Source: Public Records

Range of Values:

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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
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 $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

Property History

Date Event Price Change Sq Ft Price
01/07/2020 01/07/20 Sold $1,500,000 -9.1% --
11/12/2019 11/12/19 Pending -- -- --
10/03/2019 10/03/19 Price Changed $1,650,000 -5.7% --
08/20/2019 08/20/19 Price Changed $1,749,000 -2.8% --
06/27/2019 06/27/19 For Sale $1,799,000 -- --
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
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

Agents Affiliated with this Home

  • Arun Thomas

    Seller's Agent in 2020

    Arun Thomas

    Public Trust Realty Group

    (201) 832-8400

    60 Total Sales

    Arun Thomas
    Section Image
  • William Rosa

    Buyer's Agent in 2020

    William Rosa

    Exclusive Properties Realty, LLC

    (201) 306-5040

    22 Total Sales

    William Rosa
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 1930854

New Jersey MLS

APN: 08-00091-06-00010

New Jersey Bergen County Cresskill 07626

388 E Madison Ave, Cresskill, NJ

This home is located at 388 E Madison Ave, Cresskill, NJ 07626 since 27 June 2019 and is currently estimated at $2,951,197. 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.

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.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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