NOT LISTED FOR SALE

40 Elm St Madison, NJ 07940

Estimated Value: $695,000 - $866,000

3 Beds
2 Baths
1,040 Sq Ft
$763/Sq Ft Est. Value

Sale Details

Date Sold: March 24, 2017

Last sale price $410,000 $394 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,990 / mo

155 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Wood Flooring
  • Torey J. Sabatini School Rated A
  • Raised Ranch Architecture
  • Main Floor Bedroom

About This Home

As of March 2017

A wonderful opportunity to own in Madison - private, serene and quiet - located within minutes of Madison center and train station - restaurants, coffee shops and shopping. Enjoy BBQs in your private yard with extensive additional parking. This is being sold "AS-IS" condition. All inspections, permits, and COs is responsibility of buyer. This is an R-3 zoned property as per the town.

Last Agent to Sell the Property

Adam DeBiasse

UNITED REAL ESTATE Listed on: 09/07/2016

UNITED REAL ESTATE

Last Buyer's Agent

Adam DeBiasse

UNITED REAL ESTATE Listed on: 09/07/2016

UNITED REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,369

Year Built

  • Built in 1958

Lot Details

  • 16,553 Sq Ft Lot
  • Wood Fence
  • Open Lot
  • Wooded Lot

Parking

  • 1 Car Attached Garage
  • Tuck Under Garage
  • Additional Parking

Home Design

  • Raised Ranch Architecture
  • Asphalt Shingled Roof
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Front Basement Entry
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • Central Elementary School
  • Madison Jr Middle School
  • Madison High School

Utilities

  • Forced Air Heating System
  • Hot Water Baseboard Heater
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2317-01301-0000-00007-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,369

Year Built

Built in 1958

Lot Details

0.38 Acres

Parking

1

Listing Details

  • Style: Raised Ranch
  • Primary Style: Raised Ranch
  • Subproperty Type: Single Family
  • Year Built: 1958
  • Year Built Description: Approximate, Unknown
  • County Name: Morris
  • Directions: Madison Ave to Elm St
  • I D: 4653655
  • First Name: ADAM
  • First Name3: ADAM
  • Last Name: DEBIASSE
  • Last Name3: DEBIASSE
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Microwave Oven, Sump Pump
  • Interior Amenities: TubShowr, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Ground
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Walkout, Finished-Partially
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 14x12
  • Kitchen Level: First
  • Living Room Dim: 17x12
  • Living Room Level: First
  • Other Room 1: FamilyRm
  • Other Room1 Dim: 20x10
  • Other Room1 Level: Ground
  • Other Room 2: Laundry Room
  • Other Room2 Dim: 13x9
  • Other Room2 Level: Ground
  • Other Room 3: Office
  • Other Room3 Dim: 10x11
  • Other Room3 Level: Ground
  • Level 1 Rooms: Kitchen, 3 Bedrooms, Living Room, Bath Main, Entrance Vestibule
  • Ground Level Rooms: Bath(s) Other, Laundry Room, Office
  • Phone: 973-598-1200

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Deck, Wood Fence, Storage Shed
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Under
  • Number Garage Spaces: 1
  • Parking Driveway Description: 2 Car Width, Additional Parking, Blacktop

Utilities

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

Schools

  • High School: Madison
  • Middle Jr High School: Madison Jr

Lot Info

  • Lot Size: 0.376 AC
  • Easement: Unknown
  • Lot Description: Open Lot, Wooded Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.38
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7369
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-01301-0000-00007-0000-
  • Tax Rate Amount: 1.840
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2016
Closed on
Mar 22, 2017
Sold by
Kvarnlov Stacy Marie and Debiasse Salvatore Guy
Bought by
Ge Zihui and Ji Ping
Seller's Agent
Adam DeBiasse
UNITED REAL ESTATE
Buyer's Agent
Adam DeBiasse
UNITED REAL ESTATE
List Price
$525,000
Sold Price
$410,000
Premium/Discount to List
-$115,000
-21.9%
Current Estimated Value
$793,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,990
Avg. Annual Appreciation
7.51%
Original Mortgage
$328,000
Outstanding Balance
$272,297
Interest Rate
4.21%
Mortgage Type
New Conventional
Estimated Equity
$521,693
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Ge Zihui $410,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Ge Zihui $328,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $410,000 -21.9% $394 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
09/07/2016 09/07/16 For Sale $525,000 -- $505 / Sq Ft
Source: Garden State MLS

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 $9,061 $425,400 $288,800 $136,600
2024 $8,759 $425,400 $288,800 $136,600
2023 $8,759 $425,400 $288,800 $136,600
2022 $8,619 $425,400 $288,800 $136,600
2021 $8,619 $425,400 $288,800 $136,600
2020 $8,529 $425,400 $288,800 $136,600
2019 $8,393 $425,400 $288,800 $136,600
2018 $7,702 $400,500 $288,800 $111,700
2017 $7,642 $400,500 $288,800 $111,700
2016 $7,509 $400,500 $288,800 $111,700
2015 $7,369 $400,500 $288,800 $111,700
2014 $7,121 $400,500 $288,800 $111,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3334038

Garden State MLS

APN: 17-01301-0000-00007

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