40 Madison Ave Summit, NJ 07901
Estimated Value: $1,346,438 - $1,745,000
Studio
--
Bath
2,480
Sq Ft
$599/Sq Ft
Est. Value
About This Home
This home is located at 40 Madison Ave, Summit, NJ 07901 and is currently estimated at $1,486,110, approximately $599 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
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
$1,382,687
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
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| Marvin James W | $421,000 | -- | |
| Mcminn Robert W | $290,000 | -- |
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 | Marvin James W | $315,750 |
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
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