NOT LISTED FOR SALE

40 Madison Ave Summit, NJ 07901

Estimated Value: $1,331,000 - $1,852,000

-- Bed
-- Bath
2,480 Sq Ft
$605/Sq Ft Est. Value

About This Home

This home is located at 40 Madison Ave, Summit, NJ 07901 and is currently estimated at $1,501,496, approximately $605 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
$1,431,907

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
Outstanding Balance
$103,423
Interest Rate
7.62%
Estimated Equity
$1,398,073

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Marvin James W $421,000 --
Mcminn Robert W $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 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
2025 $16,361 $375,600 $165,400 $210,200
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

Not Listed for Sale

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