NOT LISTED FOR SALE

40 Madison Ave Summit, NJ 07901

Estimated Value: $1,317,000 - $1,596,000

-- Bed
-- Bath
2,480 Sq Ft
$572/Sq Ft Est. Value

About This Home

This home is located at 40 Madison Ave, Summit, NJ 07901 and is currently estimated at $1,418,468, approximately $571 per square foot. 40 Madison Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2000
Sold by
Mcminn Robert W and Mcminn Suzanne O
Bought by
Marvin James W and Blamble Elizabeth
Current Estimated Value
$1,418,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,750
Interest Rate
7.62%

Purchase Details

Closed on
Jun 27, 1994
Sold by
Paul Laurence M and Paul Patricia S
Bought by
Mcminn Robert W and Mcminn Suzanne O
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marvin James W $421,000 --
Mcminn Robert W $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marvin James W $300,000
Closed Marvin James W $200,000
Closed Blamble Elizabeth $100,000
Open Marvin James W $605,000
Closed Marvin James W $660,000
Closed Marvin James W $688,100
Closed Marvin James W $325,000
Closed Blamble Elizabeth $238,000
Closed Blamble Elizabeth J $200,000
Closed Marvin James W $315,750
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
2024 $16,252 $375,600 $165,400 $210,200
2023 $16,252 $375,600 $165,400 $210,200
2022 $16,087 $375,600 $165,400 $210,200
2021 $16,215 $375,600 $165,400 $210,200
2020 $16,376 $375,600 $165,400 $210,200
2019 $16,395 $375,600 $165,400 $210,200
2018 $16,290 $375,600 $165,400 $210,200
2017 $16,395 $375,600 $165,400 $210,200
2016 $16,155 $375,600 $165,400 $210,200
2015 $15,839 $375,600 $165,400 $210,200
2014 $15,430 $375,600 $165,400 $210,200
Source: Public Records

Map

New Jersey Union County Summit 07901

40 Madison Ave, Summit, NJ

This home is located at 40 Madison Ave, Summit, NJ 07901 and is currently estimated at $1,418,468, approximately $571 per square foot. 40 Madison Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

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.

Nearby Homes